Director, Financial Reporting and Accounting

Midland States Bank•Maryland Heights, IL

14d•$125,000 - $190,000

About The Position

This position is a key member of the accounting team and the finance group as a whole. The Director – Financial Reporting & Accounting provides oversight and management of internal and external reporting, analyzes and implements new accounting policies and standards as required, monitors and updates existing accounting policies as the Company’s business changes, and oversees accounting operations functions.

Requirements

Bachelor’s degree in accounting.
10+ years of experience with a financial services, multi-company organization.
Over seven years of significant bank accounting experience, including SEC reporting/public company experience.
Working knowledge of GAAP accounting issues as they relate to the banking industry.
Excellent oral, written, and interpersonal communication skills with the ability to instruct others, interpret documents, and write reports and correspondence.
Excellent organizational and time management skills.
Ability to deal with complex problems involving multiple facets and variables in non-standardized situations.

Nice To Haves

CPA preferred.

Responsibilities

Manages a team of professionals in a customer-centric culture to excel in a fast-paced environment.
Coaches, develops, and conducts performance management activities with direct and indirect reports.
Identifies high-potential employees for advanced training and development opportunities.
Effectively manages poor performers.
Supports the Chief Accounting Officer in managing external financial reporting, including preparation and review of the annual report, quarterly earnings releases, bank regulatory reports and legal entity regulatory financial reports.
Prepares initial drafts of financial statements to be included in Form 10-Qs and Form 10-K, including footnotes and Management’s Discussion and Analysis (MD&A).
Administers and supervises the annual and quarterly preparation process conducted by other accounting personnel.
Supports the finance team in the review of footnote documentation and MD&A information.
Performs a detailed review of the quarterly call report and Federal Reserve reports.
Supports the finance team in the preparation of monthly and quarterly financial reporting packages for management, the audit committee and the board of directors.
Addresses inquiries from internal and external auditors, providing documentation that supports their needs.
Plans, organizes and coordinates all activities of the general accounting function for the Corporation to ensure accurate and timely recording of accounting entries.
Administers and supervises the month-end close process.
Is responsible for ensuring the accuracy and adequacy of internal control documentation required for enterprise risk management.
Maintains a process to ensure that all balance sheet and internal DDA accounts are reconciled on a periodic basis.
Is responsible for completing annual goodwill and intangible asset impairment assessments.
Stays current with new accounting and financial reporting guidance issued by the FASB, SEC and IASB when applicable.
The role requires occasional travel for training and team meetings, and willingness to travel periodically to locations within market as needed.
May require work in a Midland office to ensure collaboration and support of internal and external customers.
Maintain compliance with all applicable regulations including, but not limited to, the Bank Secrecy Act (BSA).
Other duties as assigned.