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Mortgage Business Unit Controller

About Us

Are you someone who seeks opportunity and has a true desire to grow your career with an organization that has enriched the lives of clients and communities in the Washington, D.C. region for 150 years?  If so, Sandy Spring Bank may be the perfect fit for you!

Sandy Spring Bank is a growing financial services company focused on creating remarkable experiences for our employees, clients, shareholders and communities.  We are proud to be recognized by The Washington Post and the Baltimore Sun as a 2019 Top Workplace, as well as Forbes magazine as the #1 Bank in Maryland for 2019. It is our employees who play an integral role in shaping who we are as a company and upholding what matter most to us: people and relationships.

To help us attract the highest quality individuals, we offer a comprehensive benefits package to those who qualify.  We offer competitive market salaries, paid time off, multiple retirement savings options, full health care options, life insurance, health care and dependent care flexible spending accounts, career development opportunities, tuition assistance and volunteer opportunities.  We are proud to offer those, and so much more, making Sandy Spring Bank a desirable place to work and build a career.

About The Job:
Sandy Spring Bank is currently recruiting a Mortgage Division Controller in the Mortgage Department. If you are the chosen candidate, you will be responsible for Accounting, Performance Management Reporting, Financial Analysis and Business Analytics Functions for the Mortgage Division. You will provide support to the VP/Secondary Marketing and Mortgage Division Executive in the areas of Production Team Profitability Analysis, Performance Management, Pricing, Efficiency Analysis, Incentives, Productivity Management and other special projects as assigned. Accountable for the posting, accuracy, of the G/L entries for the Mortgage Division.

Additionally, will propose and/or recommend various courses of action as appropriate.  Remains current in all aspects of financial, regulatory, profitability accounting, and reporting including thorough knowledge of the Mortgage Division’s general ledger and cost structure.  Also, responsible for supervision of department staff, maintenance of current policies and procedures for the department.

Areas of focus:
Oversees accounting and analytics staff within the Mortgage Division. Provides technical accounting coaching, training, and assistance for direct reports to insure the Mortgage Division general ledger is accurate and in accordance with regulatory requirements and GAAP.

Provides the technical accounting knowledge and oversight necessary to insure that such general ledger reconciliations achieve a high level of accuracy to support monthly, quarterly, and year-end processes.

Prepares the Mortgage Division and Production Team monthly pro-forma income statement.

Preparation of a robust set of Management Reporting covering a wide array of operating and financial metrics for the Mortgage Division’s which involves consolidation of data from numerous sources.

Monthly Mortgage Division payroll processes including the preparation and accuracy of commission statements, incentive accruals, and signing bonus amortization. 

Responsible for the daily general ledger file upload from the Mortgage Divisions operating system into the general ledger system. Monitors the accuracy of the automated general ledger entries.

Works closely with the Management Team to conduct financial analysis of and prepare pro-forma statements for various business strategy initiatives and proposals.

Maintenance of the Mortgage Division’s SOX controls and narrative.  Coordinates both internal and external audit activity.

Work requires a bachelor’s degree in Accounting or Finance or equivalent professional level of knowledge with a minimum of 3-5 years comparable accounting or management accounting experience in a banking/mortgage environment.  This includes a strong grasp of regulatory requirements, Generally Accepted Accounting Principles.  Experience with Managerial Accounting concepts is preferred.  Position also requires supervisory experience or training.

Advanced level of skill using personal computer applications such as Excel in order to accurately and efficiently prepare financial reports, pro-formas, reconciliations, and commission statements.  Ability to use general office equipment including a calculator is also necessary.

Advanced problem solving skills are need to find solutions to problems that are technically complex and require collection, interpretation, and analysis of data from diverse sources.  Must also be able to explain the results of such findings to others not directly connected with the Mortgage Division.

Appropriate interpersonal and telephone skills needed to maintain positive and professional rapport with contacts.

Work is under minimal supervision where independent judgment is required in the interpretations of existing policies and procedures and the guidelines are limited.  Refers unusual matters to supervisor or higher level personnel at the Bank.

Sandy Spring Bank is an Equal Opportunity Employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law.  We maintain a drug-free workplace environment and perform pre-employment substance abuse testing.

If you require a reasonable accommodation to apply for a position, please call our job line at 1-800-399-5919 and select option 5.  Requests are considered on a case-by-case basis.