Demo

SVP, Controller

Midwest BankCentre
St. Louis, MO Full Time
POSTED ON 2/6/2025
AVAILABLE BEFORE 5/5/2025

Midwest BankCentre is proud to be recognized as one of St. Louis' Top Workplaces for the last four consecutive years!

Are you ready to lead with purpose and make a real impact on our community? Join Our Team and Make a Difference at Midwest BankCentre!

Why Midwest BankCentre? Our company culture is all about engagement and collaboration with our teams. We value diversity, inclusion, and innovation. When you join Midwest BankCentre, you're not just joining a company; you're joining a community of like-minded individuals who are dedicated to making a positive impact.

We are committed to making meaningful, long-term investments in communities that lift everyone up so we can all RISE TOGETHER. Our commitment to shared prosperity, our investment in Community and Economic Development and our dedication to diversity and inclusion are reflected is the ways Midwest BankCentre lives its purpose.

SVP, Controller

Objectives of this Role

The SVP, Controller will report to the Chief Financial Officer and will be responsible for leading, managing and ensuring effective operations of the Accounting and Finance Department. The Controller will lead and empower a team to think critically and embrace innovation with a mindset for continuous improvement, as well as developing team members to achieve their full potential and reward / recognize their performance. Excellent organization, management, analytical, communication and reporting skills are necessary to be successful in this role.

Essential Duties and Responsibilities

  • Manage and lead the Accounting and Finance teams, with two direct reports (including establishing goals and objectives and leading team to achieve the goals.)
  • Manage and oversee the monthly financial close process including analytical reviews comparing results to budget, etc. and ensure accurate and timely financial reporting.
  • Strong technical expertise in understanding generally accepted accounting principles ("GAAP") and bank regulations to be able to maintain compliance with both.
  • Ensure the Company's accounting policies and procedures, as well as a system of internal controls, are maintained in accordance with GAAP and banking regulations.
  • Drive continuous process improvement and adoption of automation in the accounting and finance area, including the use of data for reporting and decision making.
  • Provide support, guidance and problem-solving assistance on a wide range of finance, operational and accounting matters throughout the Company.
  • Oversee management of the accounting for the investment securities portfolio, as well as pledging related to public funds and repurchase agreements.
  • Manage and prepare board related financial reporting.
  • Manage and oversee all required regulatory reporting for the Bank and Holding Company.
  • Manage and prepare the annual consolidated financial statements and related footnotes.
  • Serve as the liaison to the Company's independent accountants and tax compliance professionals.
  • Manage the accounting for equity compensation, deferred compensation, etc.
  • Manage shareholder / investor relations, including stock transfer agent.
  • Prepare reporting for Annual Shareholder Meeting
  • Oversee the annual budget and planning processes as well as the development of financial forecasts for interim and future period projections.
  • Manage the annual insurance renewal application process.
  • Comply with all audit and regulatory requirements.
  • Regularly conduct weekly touch points with direct reports and periodic team meetings to promote communication and development of the team and team members.
  • Perform duties and projects from time to time as delegated by the CFO. These may include but are not limited to due diligence, capital matters, financial projections and planning.

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities are as required and may change at any time with or without notice.

Competencies

  • Customer Centric Focus
  • Diversity and Inclusion
  • Act with Integrity
  • Collaboration and Teamwork
  • Results Oriented / Execution
  • Business Acumen
  • Empowerment
  • Create Vision and Alignment
  • Reward and Recognize Employees
  • Skills and Qualifications

  • Bachelor's degree Business Administration with emphasis in Accounting or Finance
  • CPA license, post-graduate coursework or MBA preferred
  • A minimum of 5-7 years of accounting experience in banking, or any equivalent combination of education, training, and experience which provides the required knowledge and abilities for this role. Prior experience as a financial institution Controller or Assistant Controller a plus
  • Demonstrated understanding of GAAP, income tax and regulatory reporting is required.
  • Strong leadership skills with proven results in defining and achieving key initiatives and leading teams
  • Must be highly organized and able to simultaneously maintain and manage multiple time-sensitive reports and projects
  • Strong problem-solving and critical thinking skills
  • Computer proficiency and intermediate proficiency in Excel
  • Effective written and verbal communication skills
  • Physical Demands

    The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

    While performing the duties of this job, the employee is regularly required to talk or hear. This is largely a sedentary role; however, some filing is required. This would require the ability to lift files, open filing cabinets and bend or stand on a stool as necessary.

    Ready to Make Your Mark? If you're passionate about banking with a purpose and ready to take the next step in your career, we want to hear from you! This is an excellent opportunity for individuals with commercial credit experience who are eager to contribute to our community-focused mission.

    Why Join Us :

  • Community Focus : Be part of a community bank that values and actively supports the St. Louis area.
  • Competitive Compensation : We offer a comprehensive salary and benefits package.
  • Professional Growth : Opportunities for continuous learning and development.
  • Impactful Work : Play a key role in shaping the credit strategy and success of our organization.
  • Collaborative Culture : Work in a supportive and dynamic environment that values teamwork and innovation.
  • Don't meet every single requirement? Studies have shown that women and people of color are less likely to apply for jobs unless they meet every listed qualification. Midwest BankCentre is recognized nationally for its Diversity, Equity, and Inclusion practices and embraces these practices as a competitive advantage.

    If you're excited about this role but your experience doesn't align perfectly with every qualification in the job description, we encourage you to go ahead and apply. You may be the right candidate for this or other Midwest BankCentre roles!

    AAP / EEO Statement

    An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

    We thank all applicants in advance for their interest in this position and Midwest BankCentre. Only applicants selected for an interview will be contacted.

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