VP, Controller

Capital Bank MD
life insurance, parental leave, paid time off, paid holidays, tuition reimbursement, 401(k)
United States, Maryland, Rockville
Mar 07, 2025
Description About Us Capital Bank N.A. is headquartered in Maryland, and has been serving our communities since 1999. We stand as a publicly traded company (NASDAQ: CBNK) with over $3 billion in assets. We offer commercial and consumer banking services to clients in Maryland, DC, and Northern Virginia, alongside two nation-wide lending brands; Capital Bank Home Loans and OpenSky, a credit card division that offers and services credit cards across all states. Our personalized approach to banking, paired with cutting-edge technology solutions and a comprehensive suite of products and services, fuels our growth, and enables us to support our customers at every stage in their financial journey. Come join a bank where our employees thrive and are engaged in meaningful work. For the last 5 out of 6 years, Capital Bank was named one of the "Best Banks to Work For" in the U.S. by American Banker. Position Purpose This position is responsible for managing and overseeing the daily operations of the accounting department. This includes directing and supervising staff to provide a full range of accounting support services to the Bank. Position Responsibilities Work closely with the Chief Accounting Officer on forecasting, accounting policies and reporting issues Ensure the financial data integrity for certain lines of business and subsidiaries with direct oversight of the following: General ledger transactions Monthly financial results Manage the accounting for equity compensation, deferred compensation etc. Prepare monthly tax provision and periodic deferred tax analysis Work with external tax professionals to ensure timely filing of all required tax filings. Act as liaison with external and internal auditors and regulatory examiners. Possess strong technical expertise in understanding generally accepted accounting principles ("GAAP") and bank regulations to be able to maintain compliance with both. Ensure the Company's accounting policies and procedures, as well as a system of internal controls, are maintained in accordance with GAAP and banking regulations. Drive continuous process improvement and adoption of automation in the accounting and finance area, including the use of data for reporting and decision making. Provide support, guidance and problem-solving assistance on a wide range of finance, operational and accounting matters throughout the Company. Manage and oversee all required regulatory reporting for the Bank and Holding Company. Management of accounting staff. Minimum Education and Experience Bachelor's degree in accounting or similar field of study. 7 to 10 years of banking experience with management responsibility. Public Accounting experience a plus. Technical Knowledge and Skills Strong analytical skills Strong organizational skills Ability to work within strict deadlines Microsoft office software suite (Word, Excel, PowerPoint, etc.) Excellent verbal and written communication skills Working Arrangements This is a hybrid role expected to work in office Monday, Tuesday, Thursday, and Friday. You will be able to work remotely on Wednesday. Compensation: Base Salary Range: $130,000 - $175,000 annually. Final determination of where you are at in the salary range is based on numerous factors such as relevant experience, skill set, education, and ability to meet qualifications within the job description. Additional Compensation: This role will include a yearly annual target bonus based on individual performance. Why Join Us? Join a growing company with a culture that fosters an entrepreneurial spirit Comprehensive benefits package including Medical, Dental, Vision, Company Paid Life Insurance, Disability Insurance, and more! Company Contributions to your 401k - Regardless of your contribution Employee Perks: Paid Parental Leave, Employee Recognition Program, Leadership Program, Tuition Reimbursement Program, Employee Bank Checking Account, and much more! Generous Paid Time Off and Paid Holidays - Including Paid Charity Hours to support volunteer opportunities Supporting Businesses. Helping People. Strengthening Communities. Capital Bank, N.A. is an E-Verify, Affirmative Action and Equal Opportunity Employer. Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)