Controller

Company: Bankers' Bank
Location: Racine
Posted on: January 27, 2023

Job Description:

Bankers' Bank is a growing, state-chartered financial institution with over $1.5 billion in assets committed to assisting community bank with their technological and financial service needs for over a quarter of century. In addition to specializing in providing correspondent banking products and services to community banks we also provide bank holding company loans, over line participations, leasing, secondary mortgage products, cash letter/cash management, municipal bond underwriting, investment trading, safekeeping and portfolio accounting, correspondent credit services, international services, and bank card products. Bankers' Bank has offices in Madison, WI, Des Moines, IA, Chicago, IL, and Indianapolis, IN.We are seeking an experienced Controller in our Madison, WI location. The Controller is charged with providing leadership and coordinating company accounting operation activities. This individual will analyze and interpret key financial data / metrics and recommend changes to improve accounting systems and controls and the Company's financial performance. Direct various accounting cycles and ensures compliance with Bank policies and procedures, all applicable state and federal banking laws and rules and regulations.Leadership & ManagementProvide accurate, timely financial and accounting information and audit reports to the management team, Board of Directors and others, as appropriate.Direct financial audits and provide recommendations for procedural improvements and efficiencies.Analyze cash flow, cost controls and expenses to guide business leaders.Direct the daily work and lead the accounting staff.Attract, select, manage and retain key talent.Manage the Bank's key financial reporting systemsEstablish, monitor and enforce internal controls and procedures.Supervise Accounting ProcessesSupervise accounting functions related to general ledger, accounts payable/receivables, payroll administration, and fixed assets.Oversight and management of daily settlement of the Bank's operating activities and customer related activity.Manage daily and monthly account reconciliations of general ledger and internal Demand Deposit Account (DDA) accounts.Direct the timely, efficient preparation of all financial reports including income statements, balance sheets, reports to shareholders, tax returns, and reports for government regulatory agencies.Oversee filing of quarterly call report, FR-Y9, FR-Y8, Regulation F worksheet and any other regulatory, state or federal reports.File sales and use tax returns for the Bank.Coordinate with external accountant to prepare and/or review annual tax returns for the Company.Coordinate the financial statement audit with external auditors and prepare the Bank's audited financial statements and footnotes.Assist in collecting documentation for internal auditors, Federal Reserve Board and Wisconsin Department of Financial Institution examinations.Serve as the expert resource for accounting inquires and solutions.FinancePrepare monthly reports for the Board of Directors (BOD).Ideal candidates will possess a bachelor's degree in finance, accounting, business administration or other related field or an equivalent combination of education and experience sufficient to perform the essential functions of the job. Five or more years of strategic accounting management or other related experience including use of GAAP, accounting, budgeting, banking, reconciliations, asset liability management, federal and state regulations, operations and finance. Three or more years of leadership and management experience. Three or more years of banking experience. CPA accreditation, highly desired.

Keywords: Bankers' Bank, Racine , Controller, Accounting, Auditing , Racine, Wisconsin