Assistant Controller

Company: CFG Bank
Location: Baltimore
Posted on: June 1, 2025

Job Description:

CFG Bank, based in Baltimore, Maryland, is a leading financial institution serving the national healthcare and multifamily markets and the Mid-Atlantic region. As the 6th largest bank in Baltimore by deposits and the largest locally based, we've grown from $1 billion to over $5.5+ billion in assets by 2025. With over 30 years of expertise, we rank among the top five healthcare bridge-to-HUD lenders in the country. At CFG Bank, we redefine banking by blending big bank capabilities with personalized boutique service. Recognized as "Best Place to Work" by the Baltimore Business Journal for 2022, 2023, and 2024, our primary goal is making each team member feel choosing CFG Bank was their best career decision. Join us for professional growth and a positive work environment that sets CFG Bank apart.

POSITION SUMMARY:
The Assistant Controller at CFG Bank will play a pivotal role in managing our accounting operations and ensuring the accuracy of financial reporting. This position involves overseeing daily accounting tasks, coordinating with external auditors, and supporting financial planning and analysis across departments. The Assistant Controller will be a key contributor to CECL process. This is an excellent opportunity to join a dynamic team and make a significant impact on our financial processes.

ESSENTIAL DUTIES AND RESPONSIBILITIES:
--- Oversee daily accounting operations and ensure accurate financial reporting.
--- Prepare and review financial statements in compliance with GAAP.
--- Manage the month-end and year-end closing processes.
--- Coordinate with external auditors and assist in managing audit processes.
--- Interface with other departments to support financial planning and analysis.
--- Ensure compliance with internal controls and company policies.
--- Assist in the development and implementation of accounting policies and procedures.
--- Provide leadership and guidance to the accounting team.
--- Support special projects and initiatives as needed.
--- Assist in the CECL (Current Expected Credit Loss) process.
o Act as liaison between the Bank and third-party provider.
o Collaborate with credit departments to gather necessary data.
o Monitor and update CECL models and assumptions regularly.
o Prepare CECL-related disclosures and reports for regulatory compliance.
--- Prepare financial reports for the board of directors and senior management.
Analyze variances and trends to identify areas for improvement.

QUALIFICATIONS AND REQUIREMENTS:
--- Bachelor's degree in Accounting, Finance, or related field.
--- CPA certification preferred.
--- Minimum of 5 years of experience in public accounting or banking.
--- Strong knowledge of GAAP and financial reporting.
--- Excellent analytical and problem-solving skills.
--- Strong communication and interpersonal skills.
--- Ability to work collaboratively with cross-functional teams.
--- Detail-oriented with a high level of accuracy.
--- Strong business writing skills.

WORK ENVIRONMENT: We offer a hybrid schedule, with 3 days in-office and 2 days remote after the initial 90-day period.

COMPENSATION DISCLOSURE:
In accordance with Maryland's Equal Pay for Equal Work Act, we are committed to providing transparent wage information for all posted job opportunities. The wage range for this position is $130,000 to $150,000 annually, plus discretionary performance based bonus. Compensation is determined based on factors such as Experience, Qualifications, and Internal equity.

BENEFITS AND ADDITIONAL COMPENSATION:
Additionally, this position includes a comprehensive benefits package and other forms of compensation, including:
--- Employer-provided health benefits: medical insurance, dental & vision insurance, disability insurance, life insurance, mental health support services, wellness program & free health club membership (for Baltimore-based employees)
--- Paid time off: vacation days, sick leave, volunteer days
--- Retirement plan: 401(k) with employer match
--- Other compensation elements: Discretionary annual bonus and overtime pay for non-exempt positions

EOE STATEMENT: CFG Bank is an Equal Opportunity Employer as to all protected groups, including protected veterans and individuals with disabilities. If you require accommodations during the application process, please contact TalentAcquisition@cfg.bank.

#LI-HYBRID #LI-CL1Compensation details: 130000-150000 Yearly SalaryPIc2fdb8ff6341-25660-37690897

Keywords: CFG Bank, Catonsville , Assistant Controller, Accounting, Auditing , Baltimore, Maryland