Job Description:

Description

The Assistant Controller is responsible for working closely with the Controller to ensure that all financial transactions are recorded in accordance with Generally Accepted Accounting Principles (GAAP), Regulatory Accounting Principles (RAP) and Securities Exchange Commission (SEC) regulations. The Assistant Controller is also responsible for complying with the bank's established internal control over financial reporting ('IFCR') program, without exception. This position assists the Assistant Controller in overseeing the Accounting Department's accounting practices and in the implementation of internal controls over financial reporting in accordance with SOX 404. The Assistant Controller is also responsible for interacting with regulatory examiners and independent auditors to facilitate the data gathering and examination process.

RESPONSIBILITIES

- Monitors Accounting operations, including compliance with related GAAP, SEC requirements and applicable Banking laws and regulations.

- Manages the staff accountants in their performance of daily, monthly, and quarterly reconciliations, balancing of general ledger accounts, balance sheet reconciliations, fixed assets, journal entries, and other reports.

- Assists in maintaining the integrity of the overall general ledger accounting system by performing GL file maintenance and auditing JVs daily.

- Develops accounting policies and procedures for the Bank and Bancorp holding Company.

- Assists with the due diligence on accounting related matters for all acquisition candidates.

- Assists on G/L conversions and interrelated accounting applications for mergers and acquisitions.

- Assists on reviewing the accounting process and related procedures at least annually to ensure that they are relevant, reasonable, and provide for effective internal control over financial reporting; ensures the Accounting procedures are created/updated based on results of the reviews.

- Ensures that operational and design effectiveness of internal controls over financial reporting is maintained and create FDICIA/SOX compliance documentation and testing of internal controls.

- Assists in maintaining an effective workflow in the Accounting Department including maintaining the Job Matrix and managing cross-training efforts.

- Audits GL coding and allocations for invoices, employee reimbursements, and intercompany payments.

- Prepares Bank's and Bancorp's monthly general ledger variance analyses.

- Performs special projects as assigned, including GAAP research, analysis, and implementation into all Accounting Department processes.

- Keep current with industry and accounting and reporting changes and ensure the company complies with those changes.

- Evaluate significant accounting transactions, research and implement relevant new accounting standards, and prepare or review technical accounting memorandums supporting all critical accounting positions.

- Identifies process improvement opportunities.

- Represents the Accounting Department on project committees as needed.

- Works closely with the Controller and the Director of Finance to ensure accurate and timely filing of monthly Board packages, monthly and quarterly regulatory reports, press releases, annual financial statements, proxy statements, and tax returns.

- Promptly reports any identified material errors or suspicious activity to the Controller and monitors through to resolution.

- Assist in audits and examinations.

- Participates in tax reporting, support preparation, audit/review, and tax payments.

- Cross-train on other positions in the Finance Department as directed.

QUALIFICATIONS

- Bachelor's Degree in Accounting, Business Administration, or Finance

- 7+ years of accounting related experience

- 3+ years accounting related experience in the financial services industry.

- 3+ years in a managerial position

- Experience dealing with regulators, auditors, accountants, and others in the industry.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c).

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