Chief Financial Officer (CFO)

Guaranty Bank & Trust Co • New Roads, LA

22d • Onsite

About The Position

Manage the day-to-day activities and the evolvement of the bank’s general accounting systems, internal management information and external reporting. This role involves advising and assisting department managers, officers, and staff, and conducting extensive contact with customers, the public, and the community in a manner that enhances the bank's marketing efforts. The position also requires participation in community organizations and projects.

Requirements

• Manage the day-to-day activities and the evolvement of the bank’s general accounting systems, internal management information and external reporting.
• Advise and assist department managers, officers, and staff in their respective functions associated with the areas for which she has direct responsibility.
• Conduct relationships with customers, the public, and community in a manner that will enhance the overall marketing effort of the bank.
• Participate with community organizations and in community projects.
• Ensure the bank’s books and records are maintained in accordance with generally accepted accounting principles and bank regulatory guidelines.
• Direct the preparation of the bank’s annual budget for non-interest expenses and the follow-up comparisons.
• Prepare the bank’s financial projections after receiving direction from the Asset/Liability Committee.
• Provide monthly updates, balancing and comparing actual to plan.
• Prepare financial reports to the various regulatory agencies.
• Complete Official checks outstanding & annual reporting to the state.
• Complete Accounts Payable.
• Evaluate and recommend technology needs to provide Financial Department with a fast accurate, and secure method of gaining access to information.
• Conduct employee evaluations that are done directly by department manager.
• Reconcile and balance subsidiary records and accounts for loans and deposits, prepaid accounts, accrued expenses, Bank CD investments, fixed assets, investment portfolio and accrued interest receivable, employee benefits accounts, and correspondent bank accounts.
• Process payroll, quarterly and annual reporting.
• Prepare and file quarterly call reports to regulatory agencies.
• Prepare and file quarterly and Annual Federal Reserve Holding Co. Reporting.
• Prepare and file Annual property tax reporting.
• Prepare and file Monthly Asset Liability Report to American Planning.
• Prepare the Bank’s financial Projection annually.
• Update and balance the bank’s fixed asset depreciation schedule monthly.
• Update and balance Bancshares’s financial recordkeeping monthly.
• Prepare and assemble monthly Board Reports.
• Make monthly deposits of backup withholding, annual reporting.
• Maintain, update and balance all shareholder records which includes shareholder correspondence, transfers, dividend checks, shareholder meeting/proxy preparation.
• Make monthly entries for expense and income accruals.
• Purchase bank supplies weekly, looking for the best prices possible.
• Serve as a member of the leadership committee.
• Administer, prepare and update the Bank’s Non-Interest Expense Budget weekly, monthly and annually.
• Conduct inventory of bank supplies.
• Fill departmental requisitions.
• Assist CPAs with audit – prepare confirmation letters, etc.
• Oversee audit functions as a member of the ALCO Committee.
• Carry out other such duties as may be assigned or requested.
• Ensure compliance to federal and state regulation as pertaining to this position.

Nice To Haves

• Serves as member of: Leadership Team, Asset/Liability Committee, Employee Benefits Committee, IT Committee, Business Resumption Committee, Retirement Committee.

Responsibilities

• Responsible for the daily activities of the Accounting Department to ensure the bank’s books and records are maintained in accordance with generally accepted accounting principles and bank regulatory guidelines.
• Responsible for directing the preparation of the bank’s annual budget for non-interest expenses and the follow-up comparisons.
• Responsible for the preparation of the bank’s financial projections after receiving direction from the Asset/Liability Committee, including giving monthly updates, balancing and comparing actual to plan.
• Responsible for financial reporting to the various regulatory agencies.
• Responsible for the completion of Official checks outstanding & annual reporting to the state.
• Responsible for the completion of Accounts Payable.
• Responsible to evaluate and recommend technology needs to provide the Financial Department with a fast, accurate, and secure method of gaining access to information.
• Responsible for employee evaluations that are done directly by department manager.
• Reconcile and balance subsidiary records and accounts for loans and deposits, prepaid accounts, accrued expenses, Bank CD investments, fixed assets, investment portfolio and accrued interest receivable, employee benefits accounts, and correspondent bank accounts.
• Processing payroll, quarterly and annual reporting.
• Timely preparation and filing of quarterly call reports to regulatory agencies, quarterly and annual Federal Reserve Holding Co. Reporting, annual property tax reporting, and monthly Asset Liability Report to American Planning.
• Annual preparation of the Bank’s financial Projection.
• Monthly updating and balancing of the bank’s fixed asset depreciation schedule.
• Monthly updating and balancing of Bancshares’s financial recordkeeping.
• Preparation and assembly of monthly Board Reports.
• Monthly deposits of backup withholding, annual reporting.
• Maintain, update and balance all shareholder records including shareholder correspondence, transfers, dividend checks, and shareholder meeting/proxy preparation.
• Make monthly entries for expense and income accruals.
• Weekly purchasing of bank supplies, looking for the best prices possible.
• Member of the leadership committee.
• Weekly, monthly and annual administration, preparation and updating of the Bank’s Non-Interest Expense Budget.
• Inventory of bank supplies. Fill departmental requisitions.
• Assist CPAs with audit – prepare confirmation letters, etc.
• Members of ALCO Committee are responsible for overseeing the audit functions.
• Carry out other such duties as may be assigned or requested.
• Responsible for compliance to federal and state regulation as pertaining to this position.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed