Assistant Chief Finance Officer

CorTrust Bank•Aberdeen, SD

About The Position

CorTrust Bank is seeking a full-time Assistant Chief Finance Officer. The Assistant CFO has ultimate responsibility for the Bank’s accounting functions, including accounting policy, financial reporting, general ledger maintenance, budgeting, and financial systems and controls. The role prepares audited financial statements for the Bank and Holding Company, oversees monthly, quarterly, and annual accounting processes, and prepares financial statements and regulatory reports, including the Call Report. It also oversees the Bank’s bond portfolio and accounts payable and receivable processes, develops internal controls, and oversees audits of policies and procedures. In collaboration with the CFO and other senior management, the Assistant CFO contributes to strategic planning, direction, and goal setting. The position calls for a CPA with strong knowledge of GAAP and banking regulations, relevant banking finance, auditing, and internal-controls experience, and the ability to manage projects with minimal oversight while mentoring a team.

Requirements

CPA certificate.
Thorough knowledge of GAAP.
Knowledge of the federal banking regulatory environment and lending workflows.
Ability to understand and comply with Bank policies and procedures.
Ability to perform primary duties with minimal oversight and manage multiple projects simultaneously.
Ability to adapt to changes in systems, processes, products, and services.
Critical-thinking, reasoning, and problem-solving abilities.
High integrity, personal diplomacy, and respect.

Nice To Haves

In-depth experience in banking finance, auditing, and internal controls.
CFO experience.
Experience at an accounting firm with work associated with banking, preferably community banking.
Combination of education and experience sufficient to perform the primary duties of the position.

Responsibilities

Develop and execute strategies related to accounting policy, financial reporting, general ledger maintenance, budgeting, and financial systems and controls.
Prepare audited financial statements for the Bank and Holding Company.
Oversee monthly, quarterly, and annual accounting processes.
Prepare financial statements and regulatory reports, including the Call Report.
Oversee the Bank’s bond portfolio.
Maintain oversight of accounts payable and accounts receivable processes.
Develop internal controls and oversee audits of policies and procedures.
Contribute to strategic planning, direction, and goal setting in collaboration with the CFO and other senior management.
Mentor team members.