Controller

SUMMARY:

The Controller is responsible for the Company's accounting operations. The Controller will have oversight of the accounting group and its functions. Oversight and direct participation in accounting operations include all phases of General Accounting, Preparation of Financial Statements and Regulatory Filings, Federal & State Bank Taxation, and Risk Management. Essential elements of the position are to maintain the integrity of the general ledger, internal controls over financial reporting, financial statements, and accounting policies and procedures.

ESSENTIAL JOB FUNCTIONS & RESPONSIBILITIES:

ACCOUNTING OPERATIONS

General Accounting

1. Supervision and leadership of accounting employees.
2. Ensures the general ledger and investment accounting functions are managed appropriately and internal procedures operate smoothly.
3. Responsible for financial records in operation of the Holding Company, Banks, Security Corps and other Subsidiaries, as well as the Charitable Foundation.
4. Reviews the GL for reasonableness of recorded income and expenses. Directs the reconciliation process of the Bank's asset and liability accounts.
5. Lead process, policy, automation, and system integration projects as the Company moves towards its shared services operating model.
6. Lead financial system modernization (e.g., system upgrades, integration with financial planning and analysis, reporting, accounts payable, and treasury systems).
7. Leadership of consolidations, intercompany eliminations, and acquisition accounting with multi-bank organizational structures.

Financial Statement Preparation

1. Oversight of internal management reports for all entities.
2. Oversight of all regulatory filings, including the FDIC Call Report.
3. Oversight of the Company's Audited Financial Statements including all footnotes.
4. Oversight of all other reports as required under Federal and State banking regulations.
5. Maintain financial reporting compliance with GAAP and RAAP rules and internal controls in compliance with FDICIA and COSO Framework.

Bank Taxation:

1. Liaison with the Company's CPA firm in calculation and payment of quarterly State and Federal tax payments.

2. Prepares inventory of income tax timing differences, accounting for deferred tax asset or liability, and preparation of audited financial tax footnote.

3. Provides tax information to Bank's external tax consultant for preparation of annual State and Federal tax returns and reviews completed returns.

SUPERVISION AND LEADERSHIP:

1. Ability to lead large teams, including development, retention, and delegation.
2. Manages the accounting team and all accounting operations.
3. Provides management back up to the CAO. Plans for staffing needs according to the department and Strategic Plan.
4. Screens and interviews applicants for vacancies. Evaluates credentials and selects the best candidate.
5. Ensures that new employees receive proper training in job activities, bank products/services, and Bank/human resources policies and practices.
6. Establishes performance standards; evaluates supervisors' performance (and that of their staff); provides timely feedback. Completes performance appraisal forms; develops work improvement plans; sets goals and objectives for the next review period.
7. Recommends pay increases.
8. Guides and prepares staff for career advancement.
9. Coordinates staff training on various related topics.
10. Ensures that staff is cross-trained on operational activities.
11. Evaluates organizational and operational needs in response to internal and external changes; reassigns responsibilities to increase efficiency and effectiveness.
12. Anticipates employee relations problems; mediates issues, resolves problems. Documents the process and outcomes.
13. Consults with Human Resources Officer(s) on human resource issues, especially those relating to corrective action, employee relations, and termination.

GENERAL ADMINISTRATION:

1. Actively participates on committees and task forces.
2. Attends seminars to keep informed of changes in bank accounting and operational issues.
3. Provides input to the Bank's Strategic Plan; implements objectives and tasks.
4. Maintains effective expense control in operating the department.
5. Works closely with other Bank managers to ensure smooth operations.
6. Assists the Bank's CPA firm and provides information to FDIC and State Auditors.
7. Responds to FASB/ASC rules by implementing/modifying procedures and policies.

QUALIFICATIONS:

EDUCATION & CERTIFICATIONS: (Minimum education required to perform the duties of this position)

• Bachelor degree in Accounting or Finance, or equivalent. CPA and/or Master's Degree preferred.

KNOWLEDGE, SKILLS & ABILITIES:

• Minimum six years of Accounting experience in the financial institutions industry including managerial experience.
• Thorough understanding of U.S. GAAP, particularly bank-specific accounting (e.g. loan accounting, derivatives, lease accounting.)
• Knowledge of consolidations, intercompany eliminations, and acquisition accounting.
• Ability to drive process improvements, automation, and scalable controls.
• Knowledge of related state and federal banking compliance regulations and other Bank operational policies. Audit / risk management experience preferable as well, specifically with respect to the internal control framework over financial reporting.
• Effective verbal, written, and interpersonal communication skills with the ability to apply critical thinking to carry out instructions, interpret documents, understand procedures and write reports.
• Proven ability to work within a collaborative team environment.
• Effective organizational and time management skills.
• Must have the ability to resolve situations that may require good interpersonal and communication skills.
• Strong ethics and risk awareness-ability to navigate control gaps and compliance.
• Proficient in Microsoft products, specifically Teams, Word, and Excel; familiar with computerized General Ledger system. Advanced ability to use, implement and convert spreadsheets, databases, and other computer applications.
• Must have cyber security awareness to protect the digital environment, the Bank, and customers.

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