VP, Assistant Controller

Who We Are

Cross River is a highly profitable, fast-growing financial technology company powering the future of financial services. Our comprehensive suite of innovative and scalable embedded payments, cards, and lending products deliver financial services for millions of businesses and consumers around the globe. Cross River is backed by leading investors and serves the world’s most essential fintech and technology companies. Together with its partners, Cross River is reshaping global finance and financial inclusion. 

We are on a mission to build the infrastructure that propels access, inclusion, and the democratization of financial services. While our company has tripled in size over the last three years, our strong sense of purpose led Cross River to be named to American Banker’s list of Best Places to Work in Fintech for the last 6 years. The reason for this success is simple – our nimble and collaborative family culture lives in every member of our growing team. Together we are at the forefront of technology and innovation, and we invite passionate, collaborative, and motivated high performers to join our expanding team.

What We're Looking For

The Assistant Controller will support the Controller and CFO in overseeing the financial accounting, reporting, and control functions of a rapidly growing pre-IPO bank. This role requires strong technical accounting skills, SEC reporting experience, and expertise in developing processes to support a public company readiness initiative. The Assistant Controller will ensure compliance with regulatory requirements, establish robust internal controls, and contribute to the financial integrity of the organization.

Responsibilities:

• Prepare and review financial statements in accordance with GAAP.
• Oversee SEC reporting requirements, including Forms 10-K, 10-Q, and S-1 registration statements.
• Ensure compliance with all applicable regulatory and reporting standards.
• Internal Controls & SOX Compliance:
  • Design, implement, and maintain effective internal controls over financial reporting.
  • Collaborate with internal and external auditors to ensure compliance with SOX requirements.
  • Drive improvements in processes and controls in preparation for public company readiness.
• Accounting Operations:
  • Oversee daily accounting operations, including general ledger, accounts payable, accounts receivable, payroll, and treasury functions.
  • Ensure timely and accurate monthly, quarterly, and annual closing processes.
  • Support development and maintenance of accounting policies and procedures.
• Pre-IPO Readiness & Financial Strategy:
  • Partner with the Controller and CFO to prepare the organization for a successful IPO.
  • Support the drafting of financial disclosures and presentations for investors and regulatory bodies.
  • Assist in managing the transition to public company reporting requirements.
  • Supervise and mentor accounting team members, providing guidance and professional development.
  • Foster a culture of accountability, collaboration, and continuous improvement.
• Cross-Functional Collaboration:
  • Work closely with FP&A, Tax, Legal, and other departments to ensure alignment of financial reporting with organizational goals.
  • Provide technical accounting guidance to internal stakeholders.

Qualifications:

• CPA Required.
• 8+ years of progressive accounting experience, including experience within a public company or pre-IPO environment.
• Extensive SEC reporting experience (Forms 10-K, 10-Q, S-1).
• Strong knowledge of GAAP and SOX compliance.
• Experience in the banking or financial services industry preferred.
• Proven leadership and management skills.
• Exceptional analytical, problem-solving, and organizational abilities.
• Strong communication and interpersonal skills.
• High attention to detail and accuracy.
• Proficiency in financial systems and ERP software (e.g., Oracle, SAP, NetSuite).

#LI-AC1 #LI-Hybrid #LI-Onsite

Salary Range: $200,000.00 - $220,000.00