Reporting to the Chief Financial Officer (CFO), the Controller will be responsible for oversight of critical finance, accounting and reporting activities. The Controller will be involved in supporting presentations to the Board and will work closely with other members of the management team to provide leadership, management and vision necessary to ensure the Bank has the proper operational controls, administrative and reporting procedures and systems in place to effectively grow the Bank, meet its strategic and profitability objectives and ensure financial strength and operating efficiency.
Accounting
? Oversees the day-to-day Accounting activities?
? Supervises and directs the activities of the Accounting Department; oversees lunch schedules, vacation schedules, etc. as necessary; may make recommendations relative to salary increases. Assists with the selection and continuing development of subordinate staff. Conducts periodic performance reviews and provides for the ongoing guidance, training and direction in developing and implementing the Bank?s plans and objectives. Researches and develops procedural changes and work methods to improve departmental productivity. Assumes responsibility for various tasks and functions in the absence of staff members or in overload situations.
? Maintains accounting, investment and relevant personnel records in accordance with Bank policy and state and federal regulations.
? The Controller assumes responsibility and is accountable for compliance with GAAP, all Bank policies and procedures, as well as, all applicable Federal/State regulatory laws. Research and interpret new accounting regulatory pronouncements. Determine their financial and operational impact to the Bank.
? Approve the reconciliation of asset/liability/capital accounts and follows up on unresolved items. Analyzes financial accounts and prepares journal entries as deemed necessary and for those accounts assigned.
? Responsible for month end and annual closing. Oversees month-end accrual and reserve transactions. Monitors and reports to CFO budget versus actual differences.
? Manages tenant and lessor activities including lease terms. Communicates lease extension options and maturities to the CFO. Provides timely correspondence and billings to all tenants.
? Responsible for the management and oversight of various vendors, contracts and systems.
? Act as primary administrator for the general ledger, AVID and any other applications that require further segregation of duties and/or assigned by the CFO.
? Responsible for business continuity of the Accounting Department.
Financial and Regulatory Reporting & Analysis
? Knowledgeable of FDIC Call Report, FHLB QCR, FDIC Summary of Deposits and Coop Central Reporting. Responsible for ensuring the timely and accurate filing of respective quarterly/annual reports within regulatory deadlines.
? Produces corporate financial statements and regulatory financial reports. Works with COCC to maintain and add G/L and subsidiary programs as necessary. Writes, organizes computer programs and special management reports at request of Bank Officers. Implements and monitors procedures to streamline accounting processes. Issues timely and complete financial statements including Board dashboard metrics.
? Provide financial analysis as needed in particular for capital investments, pricing decisions, department and branch profitability analysis and contract negotiations.
? In conjunction with the CFO the Treasurer/Controller shall assist with the preparation of the annual audited financials.
? Prepares peer data metrics and creates benchmarks to measure peers for board/management reporting.
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