Controller

At Bank esh, we’re not just imagining the future of banking- we’re building it with a bold vision to redefine the banking industry for the 21st century. Our mission is to create a banking experience that leverages cutting-edge technology, operational excellence, and fosters deep trust between banks and customers. We’re on the brink of something extraordinary. Our first digital bank in Israel, Bank esh, has already secured its license as a bank in formation in December 2022, and we're gearing up to make waves in the industry. Join us on this exciting journey as we create a bank from the ground up, one that’s set to revolutionize the way people think about banking. Be part of a team that’s not just building a bank, but crafting the future of financial services.

Our Finance team is growing and it is an exciting time to join the team. We are looking for bright, motivated people who have a passion for making a difference. You will play a major role in process improvements , input your ideas and truly contribute to a highly productive team.

We are looking for an exceptional Accountant with 3+ years of expereince to join us. You will be responsible for establishing and operating the accounting department in the Bank, including preparing and drawing up financial statements, tax statements and periodic reports to the Bank of Israel.

The position is not a managerial position and reports to head of Accounting

Responsibilities:

• Preparing and drawing up financial statements for the public
• Characterizing and mechanizing notes to the financial statements
• Preparing and drawing up tax statements
• Establishing the model for allowances and credit losses and responsibility over it
• Responsibility for developing and mechanizing the allowances model with the technology-provider
• Control, supervision and reporting the proper classification of the Bank’s customers
• Responsibility for periodic reports to the Bank of Israel in compliance with the reporting requirements, the Supervisor of Bank’s directives and upon request
• Preparing periodic reports, monthly closing, monthly and quarterly reporting to the CEO and Chief Accountant
• Preparing work management reports to various authorities in the organization
• Control over compliance with the relevant regulatory restrictions
• Full proficiency in the Israeli GAAP and in the Supervisor of Bank’s directives
• Monitoring and implementing regulatory amendments pertaining to accounting
• Accounting and financial handling of the accounting department’s routine accounting issues
• Performing all requisite work processes to implement the SOX provisions in the Group
• Involvement in all matters that might be required within the spheres of responsibility of the accounting and financial department
• Responsible for establishing the reporting system to the public and to the Supervisor of Banks
• Characterizing the accounting systems to have minimum requisite manual work
• Ensuring that the Bank complies with all applicable regulations
• Maintaining flexibility, creativity and innovation
• Achieving rapid growth and development

Requirements:

• Bachelor’s degree in business administration / economics / accounting
• Master’s degree – advantage
• CPA – compulsory
• Minimum of three years of experience after internship, preferably in banking or finance
• Preference to former employees of the “Big Four”
• Competencies and experience working opposite the Bank of Israel – advantage
• Proficiency and experience carrying out supervised processes in compliance with regulatory requirements and procedures
• Proficiency in all Office applications (particularly Excel)
• Impeccable written and verbal communication skills in English