Bank Controller – Job # 3527

Symicor Group•Chicago, IL

3d•Onsite

About The Position

Our bank client is seeking to fill a Bank Controller role based in the greater Chicago, IL market. The selected candidate will be Responsible for the financial reporting to the Board of Directors, regulatory authorities, and internal management of the bank. Ongoing development of Accounting Department staff, in addition to ensuring that the bank is in compliance with accounting procedures and internal control elements. Establish, coordinate and maintain an accounting system that properly reflects the financial position of the Bank and provides financial consolidation of branches and subsidiaries. Oversee the supervision of the Accounting Staff. This position offers a competitive salary of up to $175K, a full benefits package, and may be bonus eligible. (This is not a remote position)

Requirements

Bachelor’s degree in Accounting or Finance, MBA, or CPA certification preferred.
Minimum ten (10) years of experience in accounting for a financial institution with experience in staff supervision.
Intimately knowledgeable of GAAP and current reporting requirements for financial institutions.
Advanced knowledge of financial institution policies and procedures, preferably at a community bank.
Proficiency in Excel and the Microsoft Office Suite.
The ability to identify and resolve problems in a timely manner by skillfully gathering and analyzing information, facts, data, etc.
Proven knowledge of bookkeeping and accounting principles, practices, standards, laws and regulations

Responsibilities

Responsible for financial analysis, financial reporting, cash management, and forecasting reports.
Approve and implement cost control strategies on an as-needed basis and then monitor the cost control activities.
Responsible for the preparation of budgets and periodic analysis of budget variances.
Provide and manage staff training and coaching to help bridge skill gaps, accomplish department goals, and professionally develop direct reports.
Responsible for reporting all financial results of the bank to the Board of Directors and appropriate regulatory authorities.
Provide guidance within the Bank on the use of current accounting procedures and regulatory requirements to maximize profitability for the Bank.
Coordinate the annual budget with department managers and tie in with our specific strategic plan financial goals.
Assist managers in the monthly review of budget variances and provide financial analysis support when necessary.
Review and analyze the Bank’s asset/liability management models, product pricing analysis, branch profitability, and peer group comparisons.
Advise senior management of any changes or proposed changes in tax law or regulations that affect business operations or profitability.
Coordinate and provide requested documents in the internal and external audit of the financial reports.
Provide requested documents and participate in the federal or state examination of the financial reports.
Monitor daily cash position.
Monitor loan loss reserve analysis.
Ensure the financial institution’s accounting policies are in compliance with generally accepted accounting principles.
Adhere to all the Bank’s policies, procedures, and customer service standards as they apply to all aspects, duties, and responsibilities of this position.
Adhere to, understand, and comply with the Bank’s Standards of Conduct (Code of Ethics) policy.
Perform administrative and all other duties as assigned by management.