Job Description
Chief Accounting Officer We are currently looking for a Chief Accounting Officer to join our Finance team at North American Savings Bank (NASB). Job Summary The Chief Accounting Officer (CAO) is a key member of the Bank’s Executive Leadership Team and serves as the enterprise authority over accounting integrity, financial reporting, and internal control governance. The CAO is responsible for the accuracy, timeliness, and regulatory compliance of GAAP financial statements, Call Reports, and other required regulatory filings, while maintaining a control environment consistent with supervisory expectations. This role is critical to ensuring the Bank’s financial reporting supports safety and soundness, regulatory compliance, and effective decision‑making. The CAO partners closely with the CEO, CFO, executive leadership, regulators, external auditors, and the Board of Directors to uphold transparency, discipline, and credibility across the Bank’s financial framework. What you can expect to work on Financial Close & Enterprise Reporting Own and oversee the monthly and quarterly close process, ensuring accuracy, consistency, and discipline. Prepare and present GAAP‑compliant financial statements for executive management and the Board. Maintain a disciplined close cadence aligned with audit and supervisory expectations (e.g., Day +5 to Day +7). Ensure alignment between GAAP financials, Call Reports, and management reporting. Regulatory Reporting & Compliance Ensure accurate and timely filing of all required regulatory reports, including Call Reports, FFIEC submissions, and Federal Reserve reports (e.g., FR Y‑series). Oversee reconciliations and tie‑outs between regulatory filings and GAAP financial statements. Lead implementation of new or revised regulatory reporting requirements. Serve as a senior point of contact during regulatory examinations related to accounting and reporting. Accounting Policy & Technical Accounting Own and govern the Bank’s accounting policy framework under U.S. GAAP. Lead adoption of new accounting standards, including CECL, loan modifications, and fair value measurements. Prepare and approve technical accounting position memos for complex transactions. Provide authoritative accounting guidance to business, credit, treasury, and risk teams. Internal Controls & Governance Design and maintain a strong internal control environment consistent with SOX‑like rigor and banking regulatory standards. Oversee balance sheet substantiation, account reconciliations, segregation of duties, and control testing. Lead remediation of control deficiencies and examination findings. Ensure appropriate documentation supporting all material balances and judgments. Audit, Examination & External Coordination Act as the primary liaison with external auditors, managing audit scope, timelines, and issue resolution. Coordinate with Internal Audit while preserving independence and regulatory expectations. Support regulatory examinations by the OCC, Federal Reserve, FDIC, or state authorities. Proactively address audit and exam findings to minimize repeat issues. Financial Systems, Data Quality & Automation Own the enterprise general ledger and related sub‑ledgers. Drive close automation, reconciliation tools, and reporting controls. Ensure data integrity, lineage, and consistency across financial, regulatory, and management reporting. Tax & Operational Finance Oversight Provide executive oversight of tax accounting and compliance, in partnership with external tax advisors. Oversee Accounts Payable, Accounts Receivable, payroll accounting, fixed assets, prepaids, and accruals. Lead and develop a high‑performing accounting organization, including oversight of VP/Controller, VP/Financial Reporting, & VP/Finance. Foster a culture of accountability and continuous improvement. Develop and maintain succession plans for critical accounting and reporting roles to ensure continuity, depth, and long‑term organizational resilience. Serve as a trusted advisor to executive peers and the Board on financial integrity and risk matters. Corporate Governance Serve as Company’s Corporate Secretary. Manage relationship with transfer agent and direct activity related to share repurchases and equity compensation. Prepare Company’s Proxy Statement and coordinate Annual Shareholder’s Meeting. Prepare Company press releases related to quarterly results, dividend payments and other matters. Manage process for quarterly dividend payments, inc