Vice President, Controller

Vice President, Controller

The Vice President, Controller oversees all accounting and financial reporting functions of the Bank, ensuring accuracy, compliance, and operational excellence. This role leads the Accounting team, maintains strong internal controls and GAAP compliance, and ensures the Bank meets all regulatory reporting requirements. The Controller provides reliable financial information to support decision‑making, regulatory reviews, and strategic planning.

• Leadership & Team Development – Lead, mentor, and develop accounting staff to ensure strong performance and professional growth.
• Oversee daily accounting operations, including the general ledger, accounts payable, investment accounting, and fixed assets.
• Promote a culture of accuracy, accountability, and continuous improvement.
• Accounting Operations & Financial Reporting – Direct the preparation of monthly, quarterly, and annual financial statements and internal management reports.
• Ensure compliance with US GAAP, Bank policies, regulatory standards, and internal controls.
• Oversee month‑end and year‑end close processes and support management and Board reporting.
• Assist with budgeting, tax estimates, and annual tax provisions.
• Regulatory Reporting & Compliance – Oversee timely and accurate completion of the quarterly Call Report and related regulatory filings.
• Monitor regulatory changes and ensure accounting practices and internal controls remain compliant.
• Support documentation, design, implementation, and testing of internal controls.
• Audit, Examination & Risk Management – Serve as the primary liaison for external audits and regulatory examinations.
• Maintain strong internal controls across all accounting processes.
• Oversee business continuity planning for the accounting department.
• Treasury, ALCO & Additional Responsibilities – Support ALM modeling and reporting and participate as a member of ALCO.
• Manage the corporate credit card program and related policy compliance.
• Serve as administrator for assigned accounting or finance systems.
• Lead or support special projects as assigned by the Senior Vice President, Finance.

• 5-7 years of financial institution experience with strong knowledge of state and federal banking regulations and regulatory reporting.
• Bachelor’s degree in accounting, finance, or related field required; CPA or master’s degree preferred.
• Expertise in US GAAP, including standards applicable to financial institutions.
• Proven leadership skills with experience developing and motivating teams.
• Ability to perform effectively under pressure and meet tight deadlines.
• Strong analytical, problem‑solving, and communication skills.
• Proficiency with accounting/finance systems, Microsoft Excel, and PC‑based applications.

Torrington Savings Bank offers an extensive benefits package including medical, dental, and vision coverage; company‑paid life insurance; short‑term and long‑term disability; and a wellness reimbursement program up to $350 per year. Employees are eligible to participate in the 401(k) plan after 6 months of service, which includes an employer match of up to 3%, with an additional match available after one year.

Torrington Savings Bank is an equal‑opportunity employer, dedicated to a policy of non‑discrimination in employment on any basis prohibited by law. The Bank considers applicants for all positions without regard to disability, military/veteran status, or any other legally protected status, and is committed to providing equal opportunities in its recruiting and hiring practices. Applicants requiring reasonable accommodation in the application process should notify Human Resources.

Torrington Savings Bank participates in e‑Verify and will provide the federal government with your Form I‑9 information to confirm that you are authorized to work in the U.S.A. EOE/AA/D/V. Torrington Savings Bank is a drug‑free workplace.