What are the responsibilities and job description for the Controller position at Prevail Bank?
Benefits:
- 401(k) matching
- Health insurance
- Paid time off
Position Summary:
The Controller is responsible for the bank’s overall accounting department, functions, & operations. Responsibilities include accounting operations and controls, financial reporting and reconciliation, and tax and audit coordination.
Duties and Responsibilities
- Fosters a control environment that ensures the accuracy and integrity of bank financial statements and related reporting.
- Creates and/or verifies any and all financial reporting (internal and external) for the bank, its parent company and any subsidiaries. Including but not limited to: FFIEC, FDIC, OCC, Federal Reserve, FHLB, IRS, WI-DOR, etc.)
- Prepares audit-ready GAAP compliant financial statements annually and works closely with CFO, Internal Auditors, and external auditors in the auditing of such financial statements.
- Assures the timely and accurate closing of financial statement reporting on a monthly basis and is responsible for the integrity and maintenance of the general ledger
- Leads bank tax reporting and planning including deferred tax accounting and working with external accounting firm in the completion and filing of income tax returns.
- Leads and manages the bank’s fixed asset reporting and related process and systems.
- Proactively researches and appropriately interprets changing accounting and financial reporting guidance by FASBm FFIEC, and other necessary sources to ensure the accurate reporting and representation of bank financial statements and condition.
- Assists CFO in annual budgeting process and other accounting related project work as necessary.
- Ensures the accuracy and timeliness of bank’s entire reconciliation process and results.
- Works with CFO in daily liquidity and cash management.
- Supervises the Accounting Assistant.
- Trains, develops, and coaches accounting and other applicable staff members in proper accounting controls, processes, and procedures.
- Review and approve accounts payable utilizing accounting software.
- Review general ledger reference maintenance.
- Follow procedures and policies that ensure compliance with not only Bank policies and procedures, but also all applicable federal and state banking regulatory agency policies.
- Comply with bank standards for attendance and hours of work.
Qualifications
Education/Experience:
Bachelor’s degree in accounting, finance or relevant field.
CPA or equivalent education/experience preferred.
6 years of applicable experience in bank accounting department required.
Skills and Abilities:
Adaptability:
- Able to adjust quickly to different work situations; remain composed under pressure and in stressful situations.
Attention to Detail:
- Regard for important details to assure accuracy in every transaction performed; detect errors; follow through on corrections and details.
Change Management:
- Must embrace change and see change as opportunity. Must be willing to express and support management's ideas to affected staff.
Customer Orientation:
- Respond sensitively to the needs and priorities of the customer; recognize and take appropriate action to meet their needs; establish an effective working relationship with customers to gain their respect and loyalty.
Oral/Written Communication:
- The ability to express thoughts and ideas in a clear and concise manner, both orally and in written form to a variety of audiences and to all levels of staff.
Professionalism:
· Project a positive image of the bank to all internal and external customers.
Time Management:
· Ability to effectively manage one’s time to complete work according to established deadlines. The ability to prioritize tasks to make the best use of time for high priority tasks.
Team Player:
· Must view oneself as part of an overall team. This includes supporting others throughout the entire bank to achieve the overall goals of the bank.
Working Environment
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Travel:
Valid driver’s license required for travel to Bank offices, training sessions, customer meetings, Bank and community meetings, etc.
Physical Requirements
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. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to talk or hear. The employee is occasionally required to stand; walk; climb or balance; and stoop, kneel, or crouch. The employee must regularly lift and/or move up to 10 pounds and occasionally lift and/or move up to 50 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, and depth perception.
This job description in no way states or implies that these are the only duties to be performed by the employee occupying this position. Employees may be required to follow other job-related instructions and to perform other job-related duties as requested, subject to all applicable state and federal laws. Certain job functions described herein may be subjected to possible modification in accordance with applicable state and federal laws. There are different experiences that suggest other ways or circumstances where reasonable changes or accommodations are appropriate. All activities, demands, conditions, and requirements are linked to duties and responsibilities.
Job Description subject to change at any time at the discretion of management.
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