What are the responsibilities and job description for the Assistant Controller position at Bank of Utah?
Major Job Functions:
Responsible for the daily balancing and maintenance of the general ledger as well as assigned subsidiary ledgers. Also Responsible for preparing periodic Financial Reports for management. Prepares and submits the Call Report quarterly. Reconciles assigned general ledger and deposit accounts as well as oversees all other Bank reconciliations. Assists the Controller as necessary.
Qualifications:
- Bachelors Degree in Accounting or related field.
- 5-7 Years’ experience.
- Must be able to follow transaction data through the information systems to the accounting records.
- Must be able to trouble shoot and problem solve.
- Must be able to reconcile all types of accounts and supervise the resolution of outstanding reconciling items.
- Must be able to manage people, special assignments, and projects.
- Must be proficient in Excel and have excellent computer skills.
Regular Duties and Responsibilities:
- Preparation of Monthly and Quarterly reporting for Management and the Board of Directors.
- Preparation and submission of the Quarterly Call Report to the FDIC.
- Review and monitor all Bank reconciliation's. Must ensure reconciliation’s are properly completed with appropriate documentation attached. Also includes researching outstanding items and ensuring their timely resolution.
- Reconcile various Loan Servicing accounts. Ensure all items are properly posted and cleared. Work with other departments to resolve outstanding items in a timely manner.
- Serve as backup in setting the Fed position. Determine excess cash, buy and sell federal funds as needed. Prepare and post corresponding general ledger entries.
- Daily clearing general of ledger non-posts and balancing the general ledger.
- Maintain the fixed asset subsidiary ledger. Reconcile the accounts and perform periodical physical inventories. Maintain real and personal property tax records and ensure timely payment of all property taxes.
- Other reconciliation’s as assigned.
- Special projects as assigned.
- Other duties as assigned.
The wage listed is within the range associated with this position. Actual compensation will be based on qualifications and experience.
