Controller

Position: Controller

Location: Lake Elmo Office, Minnesota; On-site only.

Type: Regular Full Time Salaried Exempt (not eligible for overtime)

Reports to: CFO

The Controller is responsible for preparing and reviewing the financial statements, Call Reports, overseeing accounts payable, fixed assets and maintaining an effective accounting system.

Education and Experience Requirements:

• A bachelor’s degree in accounting is required.
• Current CPA license or in process of obtaining CPA is preferred.
• 5 years of bank accounting experience.
• Previous experience on the Jack Henry 20/20 core banking computer system a plus.
• Previous supervisor and/or leadership experience a plus.
• Demonstrate solid judgment and problem-solving skills.
• Demonstrate strong communication and organizational skills.

Knowledge, Skills and Abilities:

• Strong written and verbal communication skills.
• Willingness and ability to fully understand the Bank’s operations and information systems.
• Maintenance of strict confidentiality and tactfulness in dealing with confidential Bank, customer, and employee information.
• Knowledge and willingness to follow all policies and procedures established by Senior Management and the Board of Directors in addition to adherence to applicable State and Federal regulations.
• Must work effectively with other managers and especially subordinate staff members, in a manner that will encourage dialogue and collegiality in the conduct of the Bank’s business.
• Easily adapts to change, including new ideas and encourages others to do the same.
• Strong experience with successful multi-tasking and prioritization of work responsibilities.
• Contribute to a positive and productive work environment by working cooperatively and effectively as a member of the Lake Elmo Bank team.

Major Areas of Accountability:

• Responsible for the preparation of financial statements for the Bank, holding company and various departments.
• Prepare Call Report and various other regulatory financial reports.
• Assist with annual budget preparation.
• Responsible for investment accounting for bond portfolio.
• Responsible for accounts payable, prepaid expenses, and fixed assets accounting.
• Responsible for regulatory capital calculations.
• Responsible for assisting the CFO with various special projects.
• Responsible for working with Operations Team for CDAR’s deposit accounting.
• Works closely with the CFO on items such as the annual audit report, regulatory examinations, tax returns, interest rate risk analysis, insurance and various other areas as needed.
• Provides technical advice and interprets data to measure operating efficiency and costs for ALCO and Senior Management.

Benefits include Medical, Dental, Vision; Life Insurance, Short Term Disability and Long Term Disability; Vacation, Sick and Floating Holiday Time Off; 401(k) and Employee Stock Ownership Plan.

About Our Organization:

Lake Elmo Bank was chartered on August 1, 1911 and has built its tradition on a personal approach to banking. We get to know our customers so that we understand each customer's unique needs with the intent of building long-term financial relationships. This goal has been the foundation of our business for over 100 years.

Today, with assets over 500 million dollars, Lake Elmo Bank is among the larger community banks in the State of Minnesota. Because of its unique history and the bank's commitment to community service, Lake Elmo Bank has successfully served the residents and businesses of the east metro area with a continued commitment to its tradition of service. Lake Elmo Bank has been voted "Best Bank" for more than 10 years by the Stillwater Gazette Readers' Choice Awards.

Lake Elmo Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact the human resources department.