Controller
- Type
- Full Time
Job Details
Summary
The position of Controller is responsible for supporting the Twin Cedars Bank ensuring the smooth operation of the accounting department by performing a variety of accounting duties; prepare and review certifications; maintains files; and performs other duties associated with the Bank’s general ledger accounts.
Works with Operations and Compliance to assure compliance with all Bank policies and procedures, as well as, all applicable state and federal banking regulations, including BSA/AML.
Essential Duties
-
Reviews income and expense general ledger entries for appropriateness and assures all monthly entries have been made, accrued or prepaid for the month before month end close.
-
Performs monthly yield analysis on Investments, Loans and Deposits.
-
Prepares monthly and quarterly financial reports for the Board of Directors.
-
Attends ALCO and prepares monthly deposit “What if Reports” for Interest Rate review.
-
Maintains recordkeeping of finances and monthly expense.
-
Prepares general ledger entries and reviews transactions prepared by Accounts Payable prior to posting; including entries for daily cash management, investment securities, lease accounting, payroll, fixed-asset depreciation, prepaid and accrued expenses.
-
Prepares daily general ledger reconciliations including correspondent bank accounts and application subsidiary records. Prepares monthly general ledger reconciliations; ensures all balance sheet accounts have been reconciled and proper documentation is maintained in files; follows-up on any outstanding suspense items older that 90 days as needed.
-
Prepares daily Cash Management reports.
-
Prepares the monthly B&O tax calculation for online filing with the State.
-
Prepares the monthly and quarterly IA State Public Funds reports.
-
Prepares and reviews the quarterly FDIC Call Report and transmits after final approval by the CEO & CFO.
-
Assists with the gathering of information for audits and examinations by Regulators and Auditors as needed.
-
Prepares special reports using InfoSite as needed and ensures reports are accurate.
- Operates personal computer to process account activity, determine balances, and resolve problems within given authority.
- Performs related clerical duties such as answering the telephone, taking messages or forwarding calls, copying, typing routine letters, envelopes and forms, and filing.
- Treats people with respect; keeps commitments; Inspires the trust of others; works ethically and with integrity; upholds organizational values; accepts responsibility for own actions.
- Demonstrates knowledge of and adherence to EEO policy; shows respect and sensitivity for cultural differences; educates others on the value of diversity; promotes working environment free of harassment of any type; builds a diverse workforce and supports affirmative action.
-
Follows policies and procedures; completes administrative tasks correctly and on time; supports the Bank’s goals and values; benefits the bank through outside activities.
Requirements
These specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this position. The requirements listed below are representative of the knowledge, skill and/or ability required to perform the position in a satisfactory manner. Individual abilities may result in some deviation from these guidelines.
-
Associate degree (AA) or equivalent from a two-year college or technical school; or 5 years of related experience and/or training; or the equivalent combination of education and experience. Work related experience should consist of a financial institution accounting or bookkeeping background. Educational experience, through in-house training sessions, formal school or financial industry related curriculum, should be business or financial industry related.
-
Basic knowledge of related state and federal banking compliance regulations, and other Bank operational policies.
-
Ability to read, analyze and interpret general business periodicals, professional journals, and technical procedures.
-
General banking experience, methods and procedures related to Federal Funds transactions and bank account or general ledger reconciliation.
-
Intermediate skills in computer terminal and personal computer operation; mainframe computer system; word processing and spreadsheet software programs.
-
Intermediate typing skills to meet production needs of the position.
-
Basic math skills; calculate interest and balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; locate routine mathematical errors; count currency, coin and negotiable instruments in a timely manner.
-
Effective verbal, written and interpersonal communication skills with the ability to apply common sense to carry out instructions, interpret documents, understand procedures, write reports and correspondence, and speak clearly to customers and employees.
-
Ability to deal with difficult problems involving multiple facets and variables in non-standardized situations.
-
Effective organizational and time management skills.
-
Ability to work with minimal supervision while performing duties.
