First State Bank -- Job Description

Job Title:                  Controller                                             Status:                       Exempt

Department:             Finance and Accounting                                               

Reports To:               CFO

Primary Purpose of the JOB:

The Controller is responsible for the accounting function of the bank, assists in the production of financial reports and maintains an adequate system of accounting records and a set of controls and budgets. Ensures that reported results and procedures comply with generally accepted accounting principles, as well as state and federal banking regulations. Prepares and/or supervises preparation of financial statements, call reports, tax provisions, schedules and management reports.   

Essential DUTIES:

• Manage daily functions of the Accounting department
• Oversee the accounting operations of the bank, such as its control systems, transaction-processing operations, and policies and procedures
• Ensure compliance with regulatory requirements specifically as it relates to financial reporting
• Develop and maintain professional knowledge of and ability to understand and implement banking regulations and GAAP in the banking industry
• Direct the development and monthly review of financials to assure accurate and timely financial reporting
• Prepare the annual report
• Assist in the oversight of outsourced functions
• Ensure that general ledger reconciliations are completed, and outstanding items are cleared in a timely fashion
• Responsible for all accrual entries
• Maintain the chart of accounts
• Assist in the creation of the annual budget and forecasts
• Conduct variance analysis for management and the Board of Directors
• Responsible for maintaining fixed asset and accounts payable records
• Oversee the preparation of the call report and annual financial statements and ensure compliance with GAAP
• Oversee the Allowance for Credit Losses (ACL) and compliance with accounting standards
• Assist with monthly ALM reporting
• Assist in the coordination of information to regulators, external auditors and internal auditors for their periodic reviews
• Manage and train direct reports to maximize productivity, efficiency, and the potential of employees of the company
• Appraise performance and provide recommendations for staff compensation, promotion, and termination, as appropriate. 
• Review and provide recommendations for all accounting/financial related policies

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``` - Create and maintain a courteous and professional relationship with co-workers while maintaining timely and prompt daily attendance

* Other DUTIES:*

• Other duties as assigned

Required Experience/SKILLS:

• Experience within the Banking Industry, both in Accounting/Finance and Operations
• Experience with regulatory reporting required for banks
• Managing others and managing workflow to meet specific deadlines
• Five to ten years of progressively more responsible experience
• Excellent problem solving skills and the ability to manage/supervise others effectively
• Experience working with Fiserv software a plus

Required EDUCATION:

• Bachelor's Degree in Accounting/Finance   
• Certified Public Accountant or MBA not required, but preferred

Working CONDITIONS:

Office environment with little exposure to physical hazards or conditions

Ability to enter data into a computer and work with computer programs: Microsoft Word and Excel

Abilit