Assistant Controller

2 months ago


Muscatine, United States CBI Bank & Trust Full time
Job DescriptionJob DescriptionDescription:

Summary:

The Asst. Controller is responsible for supporting the Senior Controller, Vice President and CFO in ensuring the smooth operation of the accounting department by performing a variety of accounting duties; The timely preparation and filing of all necessary Accounting reports and perform other duties associated with the Bank's accounting department.

Requirements:

Essential Duties:

  1. Prepare and complete the financial information that satisfies all regulatory reporting requirements for the Bank.
  2. Prepare and distribute daily, weekly, monthly and annual reports to management as well as regulatory reporting agencies.
  3. Complete monthly, quarterly and annual reporting cycles by processing GL entries, analyzing financial statements, performing reconciliations and resolving any discrepancies.
  4. Prepares and posts general ledger entries.
  5. Direct determination of depreciation rates to apply to capital assets.
  6. Performs accounting for fixed assets, investments, prepaid items, accounts payable and periodic accruals.
  7. Prepares various reports for financial analysis, including loan loss analysis, yield report for loans & investments.
  8. Reviews appropriate accounting reports and records to identify inaccurate postings.
  9. Works on documenting internal controls at the direction of the Senior Controller and/or CFO.
  10. Various clerical duties such as preparing depreciation forecasts and expense control as needed, assist in the calculation of estimated tax payments, and preparing various reports.
  11. Respond to range of inquiries regarding financial transactions, researching and resolving problems.
  12. Works with the CFO and Sr. Controller with the design and implementation of new accounting systems and reports.
  13. Actively upholds the organization's vision, mission and values, encompassing mutual respect, honoring commitments, working with integrity and accepting responsibility for own actions.
  14. Assures compliance with all Bank policies and procedures, as well as all applicable state and federal banking regulations.
  15. Has a strong commitment and dedication to internal and external customer service.


Qualifications:

  • 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.
  • Bachelor's degree from a four year college or university; or four or more years of related experience and/or training; or the equivalent combination of education and experience. Work related experience should consist of an in-depth background in accounting. Educational experience, through in-house training sessions, formal school or financial industry related curriculum, should be applicable to the financial industry.
  • Intermediate knowledge of general accounting, payroll, budgeting, and related accounting and record keeping systems in a financial institution.
  • Advanced knowledge of related state and federal banking compliance regulations, and Bank accounting policies and procedures.
  • Intermediate skills related to the consolidation and reporting of Bank financial results, and formulation and implementation of Bank accounting procedures.
  • Intermediate skills in computer terminal and personal computer operation; mainframe computer system; and word processing and spreadsheet software programs.
  • Typing skills to meet production needs of the position.
  • Advanced math skills; calculate interest, commissions, proportions, and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; locate routine mathematical errors; compute rate, ratio and percent, including the drafting and interpretation of bar graphs.
  • Advanced oral, written and interpersonal communication skills with the ability to apply common sense to carry out instructions and instruct others, interpret documents, understand procedures, write reports and correspondence, speaks clearly to customers and employees.
  • Ability to deal with complex problems involving multiple facets and variables in non-standardized situations.
  • Excellent organizational and time management skills.
  • Ability to work with minimal supervision while performing duties.
    Current driver's license and a vehicle with appropriate insurance coverage if required to drive in the course of performing assigned duties and responsibilities.


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