Employment Type: Full-Time
Reports To: Controller  
Travel: Limited, as required for Team Building Activities & Bank Examinations 

FLSA STATUS: Exempt 

Company Overview: 

Old Glory Bank is an FDIC-insured bank that offers the best mobile banking solutions for consumers and businesses, from sea to shining sea (in all 50 states). Old Glory Bank is committed to serving those who feel marginalized for believing in the greatness of America. Old Glory Bank was co-founded by some of the leading voices supporting freedom and love of country, including former Secretary of Housing and Urban Development Dr. Ben Carson; Radio and Television Host Larry Elder; country music superstar, TV host, entrepreneur, and songwriter, John Rich; and former two-term Governor of Oklahoma Mary Fallin-Christensen.  

We put our customers, community, family, and faith ahead of ourselves.  While our home base is our 120-year-old bank in Elmore City, Oklahoma, our team members work to serve our customers remotely from across the country.  At Old Glory Bank, there is no DEI or ESG, just PSL – Privacy, Security, Liberty.  In less than 3 years, we grew from $10 million in deposits to now over $250 million. 

We recently announced that we will be becoming a public company, listed on NASDAQ via De-SPAC transactions, and we intend to be the first chartered bank to fully integrate crypto into daily banking.  

Position Overview 

The Assistant Controller supports the Controller and CFO in managing the day-to-day accounting and financial reporting functions of the bank. This role is responsible for executing core accounting operations, supporting regulatory reporting, maintaining internal controls, and assisting with financial analysis, ALCO reporting, and liquidity monitoring. 

The Assistant Controller works closely with the Controller to ensure accurate financial reporting, regulatory compliance, and operational efficiency. This role is highly collaborative and serves as a key contributor to the integrity of the bank’s financial information and control environment. 

Key Responsibilities 

Financial Reporting and Close Process 

• Prepare and post complex journal entries, accruals, and adjustments. 
• Assist with monthly, quarterly, and annual financial close processes. 
• Prepare supporting schedules and reconciliations for financial statements. 
• Support preparation of Board reporting packages and management reports. 
• Analyze financial statement variances and provide detailed explanations. 

Regulatory Reporting and Compliance 

• Assist in preparation of regulatory filings, including Call Reports, FR Y-9C, and other required banking reports. 
• Maintain supporting documentation for regulatory reporting. 
• Ensure adherence to GAAP and banking regulatory requirements. 
• Support internal and external audits by preparing schedules and responding to inquiries. 
• Monitor regulatory changes and assist with implementation efforts. 

Accounting Operations and Internal Controls 

• Oversee general ledger activities and ensure timely account reconciliations. 
• Review bank reconciliations, investment accounting, loan accounting, and deposit accounting processes. 
• Assist in maintaining and strengthening internal control procedures. 
• Identify process improvements to enhance efficiency and reduce risk. 
• Ensure accounting documentation is complete and audit-ready. 

ALCO, Treasury and Financial Analysis Support 

• Prepare reports and data analysis for ALCO meetings. 
• Assist with liquidity monitoring and interest rate risk reporting. 
• Support budgeting and forecasting processes. 
• Conduct financial modeling and trend analysis as requested. 

Team Collaboration and Leadership Support 

• Provide guidance and oversight to accounting staff as delegated by the Controller. 
• Serve as a backup to the Controller when needed. 
• Assist with staff training, onboarding, and process documentation. 
• Promote a culture of accountability, accuracy, and continuous improvement. 

Risk Management and Information Security 

• Support risk identification and mitigation within accounting operations. 
• Ensure compliance with the Bank’s Information Security Program (ISP) and GLBA requirements. 
• Safeguard sensitive financial and customer information. 
• Immediately escalate potential control weaknesses or security concerns. 
• The Bank's Information Security Program (“ISP”) sets forth the Bank's policies regarding information security, including sensitive, valuable, and critical information as well as customer information security. The ISP has been prepared to comply with the requirements of GLBA, which mandates that Banks adopt an ISP. Because it is critical to the compliance and safeguarding of customer information, it is the responsibility of each employee to be familiar with the ISP and to abide by the letter and spirit of its provisions at all times. Violation of any aspect of safeguarding customer information or information security will result in disciplinary action up to termination 

Additional responsibilities may be assigned. 

 Working Conditions: 

• Remote position with limited in-person meetings, as required for Team Building Activities & Bank Examinations. 
• Extended hours may be necessary during regulatory examinations, audits, or security incidents. 

Employee Benefits:  

• Medical 
• Dental 
• Vision 
• Health Savings Account 
• Flexible Spending Account 
• Dependent Care Assistance Program (DCAP) 
• Employer Paid Short-Term Disability 
• Supplemental Health Plans for Long-Term Disability, Life, Accident & Cancer 
• Employer Paid Life Insurance 
• Stock Options 
• 401(k) Plan 
• Paid Time Off 

The above information is intended to describe the general nature and level of work performed by an employee in this position. These statements are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of employees in this position. Nothing in this job posting restricts management’s right to assign or reassign job duties as required. This job description is not to be construed as a guaranteed contract of employment for a definite period. Old Glory Bank provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.  

Qualifications:

Education 

• Bachelor’s degree in Accounting, Finance, or related field required. 
• MBA or advanced degree is a plus. 

Experience 

• 5–8 years of progressive accounting experience, preferably within banking or financial services. 
• Strong working knowledge of GAAP and banking regulatory reporting requirements. 
• Experience participating in audits and regulatory examinations. 

Certifications 

• CPA preferred or actively pursuing certification. 

Skills and Competencies 

• Strong technical accounting knowledge 
• Advanced Excel proficiency 
• Experience with financial systems and ERP platforms 
• Experience with Fiserv (Prologue) preferred 
• Strong analytical and reconciliation skills 
• Detail-oriented with high accuracy standards 
• Ability to manage deadlines in a fast-paced environment 
• Strong written and verbal communication skills 
• Ability to work independently while collaborating closely with leadership 
• High ethical standards and professional integrity 

Key Position Distinction 

The Controller provides strategic oversight and final review authority for the finance function. The Assistant Controller focuses on execution, detailed preparation, analytical support, and strengthening daily accounting operations while serving as a backup and succession pipeline for the Controller role.