Assistant Chief Finance Officer

CorTrust Bank•Aberdeen, SD

About The Position

CorTrust Bank is seeking a full-time Assistant Chief Finance Officer. The role has ultimate responsibility for the Bank’s accounting functions, including accounting policy, financial reporting, general ledger maintenance, budgeting, financial systems and controls. The Assistant CFO prepares audited financial statements for the Bank and Holding Company, oversees recurring accounting processes and regulatory reporting, and oversees the Bank’s bond portfolio and accounts payable and receivable processes. The Assistant CFO also develops internal controls, oversees audits of policies and procedures, and contributes to the Bank’s strategic planning, direction and goal setting in collaboration with the CFO and other senior management. The ideal candidate can manage multiple projects with minimal oversight, adapt to changes, solve problems, and mentor a team while demonstrating integrity, diplomacy and respect.

Requirements

Must have a CPA certificate.
Thorough knowledge of GAAP.
In-depth experience in the bank regulatory environment, finance, auditing, and internal controls is identified as ideal.
Knowledge of federal banking regulations and lending workflows is required.
Ability to perform the primary duties with minimal oversight and manage multiple projects simultaneously.
Ability to adapt to system, process, product, and service changes; reason, solve problems, and think critically.
Demonstrate integrity, personal diplomacy, and respect.

Nice To Haves

Preference for candidates with CFO experience and/or experience at an accounting firm performing work associated with banking.
Preference for experience in community banking.

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 reporting, 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.
Invest in the ongoing mentorship of a team.
Understand and abide by Bank policies and procedures.