Remote Assistant Controller

ABOUT US

Coastal is at the forefront of modern banking, combining strong financial infrastructure with cutting-edge Banking-as-a-Service (BaaS) and fintech enablement strategies. We support not only individuals with their personal banking needs; we also empower businesses by integrating modern banking technology that drives growth, flexibility, and innovation.

At Coastal, we think and move like entrepreneurs; focused on impact, speed, and continuous improvement. We believe in working smart, collaborating deeply, and building solutions that unlock real potential. If you're someone who thrives in a fast-moving environment, loves solving complex problems, and wants to help shape the future of banking, we’d love to meet you.

Check out our video here !

OVERVIEW

As the Assistant Controller for the Coastal Community Bank, you will oversee daily accounting activities and ensure financial statement data aligns with Generally Accepted Accounting Principles (GAAP) and regulatory requirements. You will manage and supervise staff, provide escalation support, and drive process improvements to enhance efficiency and accuracy. This role requires discretion and independent judgment on matters of significance, including complex accounting issues and partner program agreements.

Remote role for individuals in Pacific or Mountain time zones.

RESPONSIBILITIES TO INCLUDE

• Ensure all daily accounting activities and financial statement data are prepared in accordance with GAAP and regulatory agency requirements.

• Manage and supervise assigned staff, providing guidance and escalation support as needed.

• Review and approve staff accounting entries to ensure accuracy and completeness.

• Assist with Accounting Systems, including implementing software for GL, travel and expense, reconciliation tools, accounts payable, and others as needed.

• Participate in the review, interpretation, and clarification of technical accounting for several concepts including leases, taxes, income and expense recognition and cutoff, and more.

• Develop streamlined processes for entries, including allocations between the Company’s segments, branches, and CCBX partners.

• Specific areas of supervision may include: daily cash position, CD investments, security investments, fixed assets and prepaids, accounts payable, coordinating monthly certification of GL, borrowings, leases, and payroll and stock equity award accounting.

• Supervise daily accounting processes including journal entries, intercompany clearing, posting callbacks, and monitoring daily balance sheet and income statement activity.

• Supervise month-end close process and general ledger personnel.

• Prepare or supervise preparation of regulatory reporting including FR2900 reporting, Reg W, FHLB or other collateral safekeeping and audits, and assisting with others like Call Report or FR Y-9 reporting.

• Provide accounting assistance to business partners as needed throughout the company.

• Perform monthly analysis of revenue, expense, and actual/budget variances and identify reasons for differences.

• Assist with preparation of financial schedules for internal auditors, external auditors, and regulators.

• Prepare or supervise preparation of state and local taxes as well as the monthly and quarterly income tax provision.

• Assist with the preparation of quarterly federal tax payments and Corporate tax returns.

• Ensure department is performing in accordance with internal policies/procedures and regulatory compliance rules and regulations.

• Establish and maintain working relationships with internal and external teams.

• Develop and implement efficient accounting policies, procedures, and best practices.

• Own, maintain, and oversee the implementation of department procedures, recommending process improvements to management.

QUALIFICATIONS

• Proven ability to manage and supervise staff, ensuring accountability and performance.

• Excellent analytical, problem-solving, and organizational skills.

• Ability to manage multiple priorities and deliver results in a fast-paced environment.

• Certified Public Accountant (CPA) preferred.

• Microsoft Office Suite (specifically advanced skills with Excel).

• Prioritizing and multi-tasking skills in a demanding and fast paced environment.

• Previous banking experience preferred.

• Oracle ERP and Fusion GL experience preferred.

EDUCATION/EXPERIENCE

• Bachelor’s degree in Accounting, Finance, or a related field; OR an equivalent combination of education and relevant experience.

• 7+ years of relevant accounting experience. Experience with accounting in a bank required.

• 3+ years of supervisory experience, demonstrating the ability to manage staff, oversee tasks, and provide effective escalation support.

• Strong knowledge of accounting principles, GAAP, and regulatory requirements.

   

HOW YOU’LL THRIVE AT COASTAL

• Be the Best – Communicate effectively, pay close attention to detail, and prioritize your personal development.

• Be Relentless – Thrive in a goal-oriented environment exercising both patience and persistence. Advocate for our customers and team members and strive to promote the Coastal Difference.

• Be Un-Bankey – Be a forward thinker with a creative mindset. Build long-lasting relationships promoting the Coastal Difference, built on a foundation of integrity, honesty, and trust.

• Embrace Gray Thinking – Use sound judgment while decision-making and problem-solving . Think outside the box.

• Stay Flexible – Organize and strategize effectively while always being prepared to adapt on the fly . Seek efficiencies for Coastal to work smarter, not harder.

• Take Care of Each Other – Understand what it means to be a true team player and have your teammate's back. Practice self-awareness and build your emotional intelligence.

BEING YOU AT COASTAL

Coastal is an equal opportunity employer. We are committed to providing a workplace free from discrimination and harassment. All employment decisions are based on merit, qualifications, and business needs. We do not discriminate on the basis of race, color, religion, sex, national origin, age, disability, veteran status, or any other protected status under applicable laws.

BENEFITS WE OFFER

We’re proud to offer a comprehensive benefits package designed to support your health, financial well-being, and work-life balance. Our offerings include:

• Medical Coverage : Choose from three competitive medical plans to find the coverage that best fits your needs and lifestyle.

• Health Savings Account (HSA) : Available with eligible medical plans, offering tax advantages and employer contributions.

• Flexible Spending Accounts (FSA) : Options for healthcare and dependent care expenses to help you save on out-of-pocket costs.

• Dental and Vision Insurance : Plans to keep you and your family smiling and seeing clearly.

• Life Insurance : Company-paid basic life insurance with options to purchase additional coverage for yourself and your dependents.

• Long-Term /Short-Term Disability (LTD) : Income protection in the event of a long-term illness or injury.

• Supplemental Benefits : Including Hospital Indemnity, Accident Insurance, and Critical Illness coverage to provide extra financial support when you need it most.

• 401(k) Retirement Plan : A competitive retirement savings plan with company matching to help you plan for the future.

• Paid Time Off : Generous vacation and sick leave policies to support your time away from work.

• Holidays : Enjoy 11 paid holidays throughout the year.

Check out our benefits on our careers site !!

PHYSICAL DEMANDS

The physical demands described below are required to perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee must be able to:

• Sit for extended periods of time.

• Stand for extended periods of time.

• Perform repetitive finger, hand, and arm movement.

• Use electronic office equipment such as a computer keyboard, mouse, ten key, telephone, etc.

• View and read computer screens for extended periods.

• Occasionally stoop, kneel, crouch, or crawl.

• Occasionally lift or move up to 10 pounds.

OTHER DUTIES

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.