Let’s get started
By clicking ‘Next’, I agree to the Terms of Service
and Privacy Policy
Jobs / Job page
VP/Controller image - Rise Careers
Job details

VP/Controller

Why Work for Quontic?

Quontic Bank is a CDFI federally chartered digital community bank. We have a customer-centric culture built around helping our customers and giving back to local communities. We're making homeownership simpler, faster, and most importantly, more accessible for all communities across the United States.

Who We are

Quontic is the adaptive digital bank that empowers its customers financially while embracing their diverse circumstances. Quontic's mission to break the system for financial empowerment stands in the face of big banks and proves there is a better and more equitable way to put the customer first. We focus on truly understanding and serving the underdogs, entrepreneurs, gig-economy workers, immigrants, and more with a curated banking experience as opposed to a one-size-fits-all banking approach.

What We Live By

Whatever your role, we are bound by a spirit of collective commitment and excellence in all aspects of our work. As an employee of Quontic, the importance of your contributions cannot be overstated. You are an important part of our team!


Your Primary Responsibilities Include:

Establish, coordinate, and maintain an accounting system that accurately reflects the financial position of the organization. Responsible for managing the day-to-day priorities of the Accounting team, overseeing various financial reporting processes, and ensuring compliance with regulatory standards.

Job Responsibilities:

  • Ensure accounting procedures comply with GAAP and banking regulations. Oversee monthly, quarterly, and annual financial reports, including Board reports and key performance metrics, ensuring accuracy and timely delivery.
  • Provide regular financial analyses, forecasting, and strategic insights to executive leadership to support decision-making and long-term planning.
  • Develop and maintain internal controls over financial reporting. Regularly assess and mitigate risks within accounting processes.
  • Manage Call reports, federal reserve filings, and allowance for credit loss calculations, ensuring timely and accurate regulatory compliance.
  • Lead coordination with external and internal auditors, tax teams, and regulators, ensuring timely and accurate completion of deliverables.
  • Lead and mentor the Accounting team, fostering professional growth, team performance, and alignment with organizational goals.
  • Oversee budgeting and cost management processes, monitoring performance against budgets and recommending improvements for cost control.
  • Identify and implement process improvements, including technology enhancements, to optimize accounting workflows and data security.
  • Assist in developing financial strategies to support bank growth and capital requirements, including asset-liability management to balance risk and profitability.
  • Produce audited GAAP financial statements and footnotes, support major purchasing and lease decisions, and manage special projects as needed.
  • Perform special projects, and additional duties and responsibilities as required.

Job Requirements:

  • Bachelor's degree (or equivalent) in accounting, or similar; OR associate degree and two (2) years of experience in functional area; OR high school diploma (or equivalent) plus four (4) years of experience in functional area.
  • Additional eight (8) years+ of progressive experience in functional area.
  • Three (3) years supervisory experience.

Additional Requirements:

  • Preference to MBA, Master’s in Accounting or Finance
  • Certified Public Accountant (CPA)
  • Expertise with bank accounting functions.
  • Expertise with Microsoft Office 365 and the following technology: FIS (Horizon), BankTel, superior knowledge of Excel and advanced functional programming.
  • In-depth knowledge of OCC regulations and compliance requirements.
  • Proven experience in understanding multiple consumer banking and lending departments.
  • Excellent financial analytic and forecasting abilities, including knowledge of accounts payable functions.
  • Superior knowledge and experience of consumer banking financial institution policies and procedures, including dividend and shareholder experience and relations.
  • Willingness to pursue continuing education, certifications, etc. as applicable to advancing in the organization.
  • Analytical and problem-solving skills.
  • Interpersonal and communication skills with the ability to speak confidently.
  • Must be able to coach, mentor, and train.
  • An ability to thrive in a fast-paced environment where priorities change daily, and where employees wear many hats.
  • Detail-oriented with the ability to think "outside the box" and prioritize tasks and decisions in a timely manner.
  • Self-directed, yet effective working as part of a collaborative team.
  • Responsive and customer-focused with a demonstrated use of professional judgment.
  • Proven track record of successful leadership and growth within the banking and financial industry.

The above is merely a description. Responsibilities and duties are not limited to the above. Quontic reserves the right to change job descriptions at any time.

This role's annual base salary range is $150,000 - $185,000.

In addition to a fulfilling career, we offer competitive compensation and a comprehensive benefits package that can fuel your financial milestones & keep you well. Full time employees are eligible for:

    • Health, Dental, Vision, & Life Insurance
    • Financial Wellness Planning & Coaching
    • Counseling Support Services & Resources
    • Paid Parental Leave
    • Pet Insurance
    • 401K Match
    • Employee Bank Accounts with Quontic
    • Generous Paid Time Off

Average salary estimate

$167500 / YEARLY (est.)
min
max
$150000K
$185000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About VP/Controller, Quontic

As the VP/Controller at Quontic, you'll play a pivotal role in shaping the financial strategies of a forward-thinking digital community bank. We prioritize our customers and communities, working tirelessly to make homeownership more accessible for everyone. Imagine being part of a team that not only understands the landscape of finance but actively seeks to uplift underrepresented groups, including gig workers and entrepreneurs. In this role, you'll establish and maintain an accounting system that's not just accurate, but reflective of Quontic's mission. You’ll lead a dedicated Accounting team, oversee regulatory compliance, and manage financial reporting processes with precision and clarity. Your insights will empower our executive leadership in crucial decision-making and long-term planning. You'll be instrumental in overseeing audits, managing federal reserve filings, and enhancing internal controls to mitigate risk. If you have a passion for numbers, a knack for leadership, and can thrive in a fast-paced environment, this could be your opportunity to shine. Plus, we offer a competitive salary between $150,000 and $185,000 along with an impressive benefits package. Join us in our mission to redefine banking and make a meaningful difference in the lives of the communities we serve!

Frequently Asked Questions (FAQs) for VP/Controller Role at Quontic
What are the key responsibilities of the VP/Controller at Quontic?

The VP/Controller at Quontic is primarily responsible for establishing and maintaining a robust accounting system that truly reflects the bank's financial position. They oversee financial reporting processes, ensure compliance with relevant regulations, and lead the Accounting team in delivering accurate and timely financial reports.

Join Rise to see the full answer
What qualifications are needed for the VP/Controller position at Quontic?

To be considered for the VP/Controller role at Quontic, candidates should have at least a Bachelor's degree in accounting or a related field, along with over eight years of progressive experience in accounting. A CPA designation, supervisory experience, and expertise with bank accounting functions are also preferred.

Join Rise to see the full answer
What is the salary range for the VP/Controller role at Quontic?

The annual base salary range for the VP/Controller at Quontic ranges from $150,000 to $185,000, along with a comprehensive benefits package that includes health insurance, 401k match, and generous paid time off.

Join Rise to see the full answer
How does Quontic support career growth for the VP/Controller position?

Quontic encourages continuous education and professional development. Employees, including the VP/Controller, have opportunities for training, mentorship, and certifications to advance within the organization.

Join Rise to see the full answer
What is the company culture like at Quontic for the VP/Controller role?

At Quontic, the culture is customer-centric and community-focused. Employees are empowered to make meaningful contributions, and there's a strong spirit of collaboration and commitment across departments, particularly in the finance and accounting teams.

Join Rise to see the full answer
What kind of financial strategies might the VP/Controller at Quontic develop?

The VP/Controller at Quontic will assist in developing financial strategies aimed at supporting the bank's growth, encompassing areas like asset-liability management, budgeting, and cost management to ensure both risk mitigation and profitability.

Join Rise to see the full answer
What software and tools might the VP/Controller use at Quontic?

The VP/Controller will need expertise in Microsoft Office 365, particularly Excel, and familiarity with banking software such as FIS (Horizon) and BankTel to ensure efficient financial reporting and compliance.

Join Rise to see the full answer
Common Interview Questions for VP/Controller
How do you ensure compliance with GAAP in your accounting practices as a VP/Controller?

When discussing compliance with GAAP, highlight your experience in implementing accounting best practices, conducting regular training for your team, and creating checklists or policies that guide daily accounting functions.

Join Rise to see the full answer
Can you describe a time you improved financial reporting accuracy?

Share a specific example where you identified inaccuracies in financial reporting, the steps you took to resolve these issues, and the positive impact your actions had on the organization’s decision-making processes.

Join Rise to see the full answer
What leadership style do you adopt to manage and mentor your accounting team?

Discuss your leadership philosophy, whether it's hands-on collaboration or empowering team members through delegation. Provide examples of how your approach has fostered professional growth.

Join Rise to see the full answer
How do you handle the pressures of fast-paced environments in finance?

Emphasize your time-management skills and provide examples of how you prioritize tasks effectively, keep a level head, and communicate with your team to handle changing priorities seamlessly.

Join Rise to see the full answer
What strategies do you use for financial forecasting?

Explain your approach to financial forecasting, touching on data analysis, trend observation, and your collaboration with different departments to create informed and dynamic forecasts.

Join Rise to see the full answer
How do you assess and mitigate risks in financial processes?

Talk about your methodology for risk assessment, including regular audits, internal controls, and collaborating with compliance teams to ensure that risks are regularly evaluated and mitigated.

Join Rise to see the full answer
Describe your experience with budgeting and cost management.

Provide details about your role in developing budgets, monitoring expenditures, and implementing cost-saving strategies that maintain financial health while supporting organizational goals.

Join Rise to see the full answer
In your opinion, what is critical when creating internal controls?

Discuss the importance of risk management, ensuring transparency, and involving multiple stakeholders in the design and review of internal controls to safeguard financial integrity.

Join Rise to see the full answer
How do you stay updated on banking regulations and compliance requirements?

Mention specific resources, training, or professional groups you engage with to remain informed about current regulations and compliance to ensure your bank's operations adhere to legal standards.

Join Rise to see the full answer
Can you discuss a challenging project you managed and the outcome?

Select a project that highlights your problem-solving and leadership skills, explaining the challenges faced, how you overcame them, and the resultant benefits for your organization.

Join Rise to see the full answer
Similar Jobs
Photo of the Rise User
Posted 7 days ago
Photo of the Rise User
Alpha Industries Inc. Remote 12005 Sunrise Valley Dr, Reston, VA 20191, USA
Posted 4 days ago
Auberge Resorts Hybrid 2702 Main St, Gardiner, NY 12525, USA
Posted yesterday
Photo of the Rise User
Posted 4 days ago
Photo of the Rise User
Axon Remote Boston, Massachusetts, United States
Posted 8 days ago

Quontic Bank provides personal and business banking services. It offers checking accounts, such as personal checking, interest checking, regular personal money market, premium money market, small business checking, business money market checking, ...

2 jobs
MATCH
VIEW MATCH
FUNDING
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
November 28, 2024

Subscribe to Rise newsletter

Risa star 🔮 Hi, I'm Risa! Your AI
Career Copilot
Want to see a list of jobs tailored to
you, just ask me below!