Job Summary:

The Controller is responsible for the daily operations of the Accounting Department to ensure compliant, efficient, timely and accurate processing of all Bank financial accounting records. Manage, train, assess and develop the department staff. Administer financial processing and accounting systems, including system application implementations, maintain technical system parameters, and user accounts. Ensure maximum utilization of related systems, and create and modify operational practices. Support compliance and regulatory reporting processes, reconciliations, and accounting policy development and maintenance.

Essential Functions: 

• Direct the activities of the department staff engaged in all accounting functions, transactions and account reconciliations, including general ledger, accounts payable, corporate credit card statement processing, internal checking accounts, correspondent bank accounts, and related financial reporting
• Recommend changes in accounting procedures as appropriate to improve efficiencies and the quality of customer service. Manage department’s Quality Customer Service standards
• Mentor department and bank staff about accounting functions, respond to questions, and provide problem resolution. Review financial statements with bank staff to develop knowledge of the bank’s ongoing financial performance
• Primary administrator for all financial processing systems including general ledger, fixed assets, accounts payable, budgeting, and investment modules. Maintain and modify system parameters, report configurations and user authorizations to support operational workflow and new requirements
• Review financial statements, posting journals, and transaction registers for accuracy and integrity. Follow critical timelines to conduct all month-end postings, settlements and accruals for the final preparation of monthly financial statements. Verify monthly financial statements and Board narrative prepared by the Finance Officer
• Complete monthly reconciliation process in an organized, accurate and timely manner
• Provide quarterly documentation to the Bank’s ALCO service provider to support preparation and maintenance of all quarterly ALCO, Liquidity, and Capital Stress Testing. Review ALCO output for accuracy and work with third-party consultant to resolve any discrepancies.
• Coordinate the management of the Bank’s cash to ensure adequate liquidity by monitoring account balances and transferring funds, according to established procedures and standards. Prepare and maintain associated reports and documentation
• Serve as the primary contact for the annual bank financial audit; provide data, reports and questionnaires for the OCC regulatory examination process
• Serve as the primary contact for internal audits focusing on internal controls and procedures, ensuring adherence to bank policies.
• Prepare and provide specific monthly, quarterly, annual documentation and regulatory reports for the bank’s service providers, the Finance Officer, and the Federal Reserve Bank related to financial position, liquidity, risk, lending and management
• Oversee customer IRA administration and tax reporting
• Prepare annual 1099 reporting in keeping with IRS rules and regulations
• Actively support the development of the bank’s annual budget, input and maintain budget data and corresponding reports, identify expense control opportunities
• Maintains knowledge of and ensures compliance with Federal and State banking regulations
• Provide guidance and backup to the deposit operations department in the Finance Officer’s absence
• Perform other functions as requested

Success Competencies:

• Communication: Clearly conveying information and ideas through a variety of media to individuals or groups in a manner that engages the audience and helps them understand and retain the message.
• Accomplishing tasks by accounting for all necessary steps and actions to eliminate potential for errors, checking processes and tasks for assurance that duties completed are precise and correct.
• Setting high standards of performance for self and others, self-imposing standards of excellence rather than having standards imposed.
• Works with colleagues towards achieving organizational goals. Solicits input by genuinely valuing others’ ideas and expertise and is willing to learn from others and accept feedback. Places team agenda before personal agenda.
• Strategic Decision Making: Identifying, obtaining and utilizing key information and relationships relevant to achieving a long-range goal or vision; committing to a course of action to accomplish a long-range goal or vision even with short term implications; assesses facts, available resources, constraints, and organizational values for the greater good and outcome

Minimum Requirements (education and experience):

• BA/BS college degree in finance and accounting and/or equivalent professional work experience of five to seven years.
• Working knowledge of finance and accounting systems, and office systems.
• Working knowledge of bank financial statements and bank financial regulatory reporting is preferred.
• Excellent customer service, communication, supervisory and organizational skills.
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• Physical surroundings are pleasant and comfortable with minimal exposure to injury or other hazards, with moderate level of noise.
• Physical effort required; able to sit or stand for extended periods of time, some bending or light lifting required.