SVP, Director of Accounting

Job Details Job Location: Elgin Corporate Headquarters - Tulsa, OK 74120 Position Type: Full Time Education Level: 4 Year Degree Travel Percentage: None Job Shift: Day Job Category: Accounting

Vast Bank is looking to hire an SVP, Director of Accounting

About Vast Bank

Since February of 1982, we've been a financial institution that has served customers in Northeast Oklahoma and beyond. Our deep roots in the community and commitment to personal service have enabled us to grow alongside our customers, creating conveniences and solutions to fit unique problems and lifestyles. For over 40 years, we've built a legacy on personal service, flexibility, strength, and integrity. Now, with bold leadership and a renewed commitment to customer-centricity, we're aiming higher for the next 40 years. New ideas, strong partnerships, and modern technology will accompany a winning culture to deliver more control and a surprisingly easy banking experience.

We're a company that believes in taking care of the people who make working here possible. In addition to competitive compensation, we offer a leading employee benefit package:

• Comprehensive benefits package & 401(k) match
• Professional development- opportunities for advancement
• Tuition assistance
• Transit reimbursement
• Paid time off
• & more

Qualifications

Summary of Role

The Director of Accounting works closely with the CFO and Controller to ensure adherence to Generally Accepted Accounting Principles and compliance with relevant bank regulatory accounting rules and guidance.  This role drafts the annual audited financial statements and related footnotes and is responsible for deploying new accounting standards.  Reviews reconciliations, journal entries and call report drafts.  Prepares monthly financial statements for distribution to the Board of Directors and management. Prepare board reports alongside the CFO.  Responsible for the annual budget and capital planning process alongside the CFO. Responsible for the Books and Records and Asset Liability Committee (ALCO) Policy maintenance and adherence.  

Major Duties and Responsibilities

• Manage & train direct reports to maximize productivity, efficiency, and the potential of the human assets of the company, including: hiring, directing job assignments, monitoring staff performance, coaching, counseling, training, assuring compliance with regulatory requirements and organizational mission, values, policies and work rules. Appraise performance and provide recommendations for staff compensation, promotion, and termination, as appropriate.

• Maintain and improve internal controls and processes

• Prepare monthly financial and board reports.

• Prepare monthly forecast updates.

• Prepare and manage the annual budget and capital planning process alongside CFO.

• Review fixed assets

• Prepare and/or oversee the production of various quarterly and annual reports (i.e. Quarterly Call Report, ad hoc reports and studies, etc.) and assist in preparations and response to questions tied to the annual audit and exam to support the efficient operations of the company.

• Work with ALCO provider to produce quarterly ALCO packages and schedule ALCO meetings.

• Responsible for review of all accrual entries (except tax and general valuation allowances and the establishment of reserves as needed.

• Assist Controller with review the status of cash account reconciliations weekly; balance sheet reconciliations monthly and direct research/corrections necessary.

• Promotes all aspects of any department project and allocates financial and talent resources appropriately.

• Direct the development and monthly review of financial to assure accurate and timely financial information is provided to management and the Board of Directors to effectively manage the operations and be accountable to its customers and regulatory agencies.

• Review the quarterly credit impairment calculations and provide timely feedback to Credit Risk Management.

• Must comply with all company policies and procedures, applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.

Knowledge & Skill

Experience

Minimum 10 years of experience in accounting and finance

Educations/Certifications/Licenses

Bachelor's Degree in, Accounting, Finance, Economics with relevant prior work experience in related field. A CPA is required.

Interpersonal Skills

A significant level of trust and diplomacy is required to be an effective subject matter expert in the position. In-depth dialogues, conversations and explanations with customers, direct and indirect report and outside vendors of a sensitive and/or highly confidential nature is a normal part of the day-to-daexperience. Communications can involve motivating, influencing, educating and/or advising others on matters of significance.

Role Important Behavioral Skills

• Strong communication skills to develop good working relationships and to promote cooperation and compromise among various departments.

• Display the ability to research and comprehend a high level of knowledge in current and developing regulations.

• Ability to develop and maintain effective working relationship at all levels by proactively participating and contributing to a positive work environment, controlling emotions and temperament, and exhibiting courteous, respectful, and professional behavior.

• Ability to quickly adapt to changing environments, processes, and technologies. Technological ability and willingness to work remotely from home as required.

• Strong organizational skills.

• Ability to maintain composure under pressure or adverse circumstances, using effective strategies for managing personal stress.

• Ability to maintain personal and work direction when faced with ambiguity.

ADA Requirements

Physical Requirements

Is able to bend, sit, and stand in order to perform primarily sedentary work with limited physical exertion and occasional lifting of up to 10 lbs. Must be capable of climbing / descending stairs in an emergency situation. Must be able to operate routine office equipment including computer terminals and keyboards, telephones, copiers, facsimiles, and calculators. Must be able to routinely perform work on a computer for an average of 6-8 hours per day, when necessary. Must be able to work extended hours or travel off site whenever required or requested by management. Must be capable of regular, reliable, and timely attendance.

Working Conditions

Must be able to routinely perform work indoors in climate-controlled shared work area with minimal noise.

Mental and/or Emotional Requirements

Must be able to perform job functions independently or with limited supervision and work effectively either on own or as part of a team. Must be able to read and carry out various written instructions and follow oral instructions. Must be able to complete basic mathematical calculations, spell accurately, and understand computer basics. Must be able to speak clearly and deliver information in a logical and understandable sequence. Must be capable of dealing calmly and professionally with numerous different personalities from diverse cultures at various levels within and outside of the organization and demonstrate highest levels of customer service and discretion when dealing with the public. Must be able to perform responsibilities with composure under the stress of deadlines / requirements for extreme accuracy and quality and/or fast pace.  Must be able to effectively handle multiple, simultaneous, and changing priorities. Must be capable of exercising the highest level of discretion on both internal and external confidential matters.

EEO StatementIt is the policy of Vast Bank to afford equal opportunity in all phases of employment without regard to an individual's race, color, creed, religion, gender, national origin, age, disability, marital status, ancestry, sexual orientation, unfavorable military discharge for qualified individuals with disabilities, and for qualified disabled veterans and veterans of the Vietnam era, to the extent required by applicable local, state and federal law.

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