Assistant Controller - 98036

Midstates Bank•Council Bluffs, IA

22h•Onsite

About The Position

Under general supervision, and in compliance with established policies and procedures, the Assistant Controller supports daily accounting operations, ensures accuracy of financial data, and maintains strong internal controls. This role assists with financial reporting, regulatory compliance, and month‑end close processes while upholding organizational standards. The Assistant Controller will perform assigned duties in accordance to Midstates Bank's Core Values and will adhere to the Quality Service Standards.

Requirements

Strong analytical, problem-solving and organizational skills
Ability to manage multiple priorities and maintain confidentiality
Excellent communication skills and attention to detail
Proficiency in Microsoft Excel and general accounting software
Working knowledge of payroll tax requirements
Bachelor's degree in Accounting required.
Prior accounting experience strongly preferred.

Responsibilities

Perform daily reconciliations of deposit accounts, lending activity, and general ledger items.
Review general ledger activity and resolve discrepancies.
Monitor correspondent bank positions and manage funds transactions as needed.
Review and approve accounts payable allocations; assist with annual information reporting.
Review payroll documentation, approve processing, assist with payroll tax reconciliations, and support year‑end payroll reporting.
Review securities reconciliations and related accounting entries.
Reconcile accruals, prepaids, and other general ledger accounts.
Prepare periodic market value adjustments and related support.
Reconcile interest expense and prepare supporting reports.
Complete the month‑end close process, including balance sheet review and income statement preparation.
Prepare tax accrual entries and verify accuracy of posted financial results.
Prepare equity‑related entries for affiliated entities.
Support updates to regulatory and internal reporting worksheets.
Review sales tax and withholding reconciliations and approve required submissions.
Maintain depreciation schedules and fixed asset records.
Assist with regulatory filings, deposit summaries, and periodic government reporting.
Update profitability models and perform related reconciliations.
Support annual budgeting processes and upload finalized budgets.
Assist with schedules and supporting documentation for annual tax workpapers.
Assist with preparation of monthly financial statements for related entities.