Job Description
Job Description
Position Overview :
The bank controller is a senior-level financial professional responsible for overseeing and managing the daily accounting and financial reporting functions of a bank. This role is crucial in ensuring the accuracy of financial records, maintaining internal controls, and ensuring compliance with regulatory requirements. The controller plays a key role in financial planning, analysis and reporting to senior management and Board of Directors.
Primary Duties : Financial reporting
- Preparing and publishing accurate financial statements, such as income statements, balance sheets, and cash flow statements, for both internal management and external auditors.
- Prepares financial statements and develops and maintains internal financial controls.
- Prepares and ensures accuracy of monthly reports to be presented to the Board of Directors and senior management
Budgeting and forecasting
Coordinating the preparation of budgets and financial forecasts, analyzing budget variances, and providing insights to support decision-making and improve financial performance.Internal controls
Designing, implementing, and monitoring internal control systems to prevent errors, fraud, and mismanagement of funds. This includes overseeing internal and external audits.Compliance
Ensuring adherence to relevant accounting principles, industry regulations, and federal, state, local tax laws. This includes staying updated on changes in tax laws and regulations affecting the bank's operations.Provides oversight of tax and accounting issues for the bank and all affiliates.Financial analysis
Analyzing financial data to identify trends, potential risks, and opportunities for improvement.Makes recommendations relating to budget preparation, profit forecasts and operational changes as needed.Assists in analysis of new branch site locations and closing of existing branches.Responsible for effective management of capital adequacy and asset / liability management.Team leadership
Managing and developing the accounting team, providing guidance and training to enhance their skills and performance.Education and skills :
Minimum Bachelor’s degree in Business Administration, Accounting, Finance or related field preferred.Minimum of five or more years of experience in an accounting or financial manager role.Strong background in a financial institution accounting, auditing and Federal, State and Local tax laws, Federal and State Banking regulations and policies and procedures related to procurement.Background in banking preferred.High-level analytical and communication skills.Excellent computer and spreadsheet skillsProfessional certification, such as CPA (certified public accountant) or CA (chartered accountant)Ability to dynamically lead, support and develop the accounting teamCitizens State Bank also offers the following benefits :
Medical, Dental, Vision, Health Savings accountWellness incentives with rewards $$, Health Savings Employer match, Health Reimbursement accountsShort and Long Term disability (employer paid after 1 year)401K retirement savings with employer matchEmployee Relief FundTuition reimbursementEmployee Assistance ProgramAnnual Employee RecognitionCompany Logo WearPaid Holidays, PTO, Volunteer, Bereavement