Bank Controller

## About the Role The Bank Controller is a foundational leadership role at Mercury, responsible for building the accounting function for the company's banking entity. This includes designing and implementing the Chart of Accounts, general ledger structure, and subledger architecture, as well as establishing bank-specific accounting policies. The successful candidate will have a deep understanding of technical accounting, regulatory compliance, and operational build-out, and will be able to work closely with Engineering and Product teams.

The Bank Controller will report directly to the Corporate Controller and will be responsible for managing the accounting function for Mercury's banking entity. This includes building the policies, processes, systems, and team that enable Mercury to operate as a fully regulated insured depository institution. The role will require strong technical accounting skills, as well as the ability to work in a fast-paced, dynamic environment.

Mercury is a financial technology company that is poised to become a full-fledged bank. The company has grown from a startup banking platform to a company that manages tens of billions in deposits, and is now taking the next step by pursuing a de novo bank charter. This is a rare and defining moment for the company, and the Bank Controller will play a critical part in that transition.

## What You Will Do - Design and implement the Chart of Accounts, general ledger structure, and subledger architecture for the bank entity in accordance with call report and regulatory reporting requirements - Establish bank-specific accounting policies covering investment securities, loan accounting, interest income accruals, ALLL/ACL methodology, and fee recognition - Build out the bank's financial close process and reconciliation framework - Lead preparation of FFIEC Call Reports, FR Y-9C, and other regulatory financial submissions on a quarterly basis - Serve as the primary accounting subject matter expert in regulatory examinations, responding to examiner requests and managing remediation items - Implement and maintain the bank's accounting policy manual in compliance with GAAP, regulatory guidance, and safety and soundness standards - Partner with Treasury on ALM reporting, liquidity coverage ratios, and interest rate risk disclosures - Review the bank entity's standalone GAAP financial statements, including the balance sheet, income statement, and notes - Design and operationalize the bank's SOX/SOC controls environment in partnership with internal audit and the holding company controller function - Lead the bank's relationship with external auditors, coordinating the annual audit and interim reviews for the bank entity

## What We Are Looking For - 10+ years of progressive accounting experience with meaningful time in banking - Deep familiarity with bank regulatory requirements and accounting standards - Strong technical accounting skills, including experience with financial reporting and regulatory compliance - Ability to work in a fast-paced, dynamic environment and to prioritize multiple tasks and projects - Excellent communication and interpersonal skills, with the ability to work closely with cross-functional teams - Experience with financial planning and analysis, including budgeting and forecasting - Strong analytical and problem-solving skills, with the ability to identify and mitigate risks - Experience with accounting software and systems, including ERP systems and financial reporting tools

## Nice to Have - Experience with bank core systems and accounting software - Knowledge of regulatory requirements and accounting standards for banks - Experience with financial modeling and analysis, including experience with financial planning and analysis tools - Experience with project management, including experience with Agile methodologies - Certification as a CPA or other relevant professional certification

## Benefits and Perks - Competitive salary and benefits package - Opportunity to work with a fast-growing and innovative company - Collaborative and dynamic work environment - Professional development and growth opportunities - Flexible work arrangements, including remote work options - Access to cutting-edge technology and tools - Comprehensive health and wellness benefits - Generous PTO and holiday schedule

- Be prepared to showcase your experience in bank accounting, regulatory compliance, and financial reporting, as well as your ability to work in a fast-paced, dynamic environment.

• Highlight your technical accounting skills, including experience with financial reporting and regulatory compliance.
• Emphasize your ability to work closely with cross-functional teams, including Engineering and Product.
• Be prepared to discuss your experience with financial planning and analysis, including budgeting and forecasting.
• Show your understanding of regulatory requirements and accounting standards for banks, and be prepared to discuss how you have applied this knowledge in previous roles.
• Don't be afraid to ask questions about the company culture and values, as well as the team you will be working with.
• Be prepared to provide specific examples of your experience and skills, and to explain how you can contribute to the company's success.