the client is seeking a Bank Controller to oversee the bank’s financial reporting to the Board of Directors, regulatory authorities, and internal management. The role includes establishing, coordinating, and maintaining an accounting system that accurately reflects the bank’s financial position, providing financial consolidation across branches and subsidiaries, and ensuring compliance with accounting procedures and internal control elements. The Bank Controller will also support ongoing development of the accounting department staff and oversee supervision of accounting personnel.
Key responsibilities include managing financial analysis and financial reporting, cash management, and forecasting; approving and implementing cost control strategies and monitoring cost control activities; and preparing budgets with periodic analysis of budget variances. The role also requires providing and managing staff training and coaching to address skill gaps and enable the department to achieve its goals. The Bank Controller will deliver financial results reporting to the Board and applicable regulatory authorities, provide guidance on current accounting procedures and regulatory requirements to support profitability, and coordinate the annual budget with department managers in alignment with strategic financial goals while assisting managers with monthly variance reviews as needed.
Additional duties include reviewing and analyzing asset/liability management models, product pricing analysis, branch profitability, and peer comparisons; advising senior leadership on changes to tax law or regulations that may affect operations or profitability; coordinating and providing documentation for internal and external audits of financial reports and participating in federal or state examinations; and monitoring daily cash position and loan loss reserve analysis. The position requires adherence to the bank’s policies, procedures, and customer service standards, compliance with generally accepted accounting principles, and performing other administrative duties as assigned by management. Qualifications include a bachelor’s degree in accounting or finance, with an MBA or CPA certification preferred; typically at least ten years of experience in accounting for financial institutions with staff supervision; strong knowledge of GAAP and current financial institution reporting requirements; advanced knowledge of financial institution policies and procedures (preferably in a community bank); and proficiency with Excel and the Microsoft Office suite.