Controller

Education/Training

A B.S. or B.A. degree in Accounting, Finance, Business Administration, or related field normally required; specialized bank finance education and training.

Skill(s)

Proficient reading, writing, grammar, and mathematics skills; proficiency in interpreting, analyzing, and reporting financial information; knowledge of current banking regulations; proficient interpersonal relations and communicative skills; proficient technology skills; demonstrated management and supervisory skills; visual and auditory skills.

Experience:

A minimum of three (3) years’ experience in related positions normally required.

General Responsibilities

Responsible for assisting in managing the Finance Department in order to ensure the ongoing management of interest rate and regulatory risks and the proper control of finance and accounting activities; implementing and achieving annual goals and objectives as established in the Finance Department’s annual operating plan; ensuring the department’s compliance with various operating policies and procedures and various regulatory requirements; directly supervising assigned personnel; communicating and interfacing with other departments and management personnel; providing periodic financial reports.

Essential Duties

1. Assists in managing the Finance Department in order to ensure the ongoing management of interest rate and regulatory risks and the proper control of finance and accounting activities by performing various duties of which the following are illustrative:
   • Actively participates in the Bank’s asset/liability management function to review conditions and assist in developing long-range strategies.
   • Reviews the classification system for new and established general ledger and subsidiary ledger accounts to ensure they meet the reporting requirements of all regulatory agencies and provide adequate operating and financial data to responsible departments.
   • Prepares or oversees the preparation of financial statements in accordance with general accounting principles as established by the Financial Accounting Standards Board.
   • Maintains and controls the finance and general accounting reports of the Bank as illustrated by the following:
     • Approves various reports, i.e. depreciation reports, fixed asset reports, and prepaid expenses reports.
     • Prepares and/or directs the preparation of various internal reports, i.e., rate sensitivity analysis, spread analysis, key ratios reports, comparative balance sheets and income statements, etc.
     • Ensures adequate information for the preparation of various external reports as required, e.g., call reports, etc.; monitors the proofing and distribution of finished reports.
     • Provides information for the preparation of income tax forms as necessary.
   • Develops financial operational policies and procedures; communicates these throughout Bank departments.
   • Assists in preparing the annual budget based upon information provided from others within the Bank.
   • Assists in monitoring daily cash activity to help identify changes in liquidity which could trigger a change in funds management strategies. 
   • Assists in overseeing the investment portfolio by providing daily and monthly oversight to the portfolio, without having the authority to transact on the portfolio.
   • Monitors and confirms financial condition by conducting daily and monthly analytical reviews.  Also, confirms financial condition by providing requested information to auditors and examiners, as necessary.
2. Implements and achieves annual goals and objectives as established in the Finance Department’s annual operating plan as follows:
   • Allocates resources, e.g., human, financial, etc., toward tasks required to achieve goals and objectives.
   • Directs, through appropriate management and supervisory personnel, day-to-day activities in support of the departmental objectives.
   • Measures effectiveness and performance of the systems and people.
   • Develops resources, as appropriate, to improve efficiency and productivity.
   • Adheres to budget parameters and assists in monitoring the overall Bank budget to actual variances.
3. Abides by the current laws and organizational policies and procedures designed and implemented to promote an environment which is free of harassment and other forms of illegal discriminatory behavior in the work place.
4. Cooperates with, participates in, and supports the adherence to all internal policies, procedures, and practices in support of risk management and overall safety and soundness and the Bank’s compliance with all regulatory requirements; ensures that the department and all personnel adhere to the same.
5. Abides by all employee development and personnel policies and procedures as defined by the Culture Department. This includes onboarding new employees and ongoing management of personnel.
6. Communicates and interfaces with other departments and management personnel as part of the management team in order to integrate objectives and activities.
7. Provides periodic financial reports to the Chief Financial Officer for final presentation to the Board of Directors, Chief Executive Officer, and other groups, committees, or individuals as required throughout the organization, i.e. profitability, budgets, asset/liability management, and investments.
8. Actively represents the Bank in public relations and community activities in a manner which reflects favorably on the Bank.

Ancillary Duties

• Performs tasks which are supportive in nature to the essential functions of the job, but which may be altered or re-designed depending upon individual circumstances.