Senior Controller en undefined

At The Bank of Elk River, we believe in the following core values:

• We put people first: Our customers, coworkers, and communities inspire us every day. We are dedicated to your success and believe that by building strong relationships, empowering our team to make decision, and developing genuine connections, we all succeed.
• We build trust: Since 1885, trust has been the foundation of our business. Our unwavering commitment to integrity, honesty, and respect guides us today. You can count on us now and in the future. 
• We pursue excellence: We embrace a culture of innovative thinking and continuous learning. We leverage diverse perspective through communication and collaboration to deliver relevant progressive solutions that exceed expectations. 
• We strengthen communities: We are driven to make a positive and lasting impact. By investing financial resources, sharing our expertise, and devoting our time, we strengthen the communities we serve. 

SUMMARY 

This position directly oversees all phases of accounting, financial planning and timely reporting for the bank. This position is ultimately responsible for the financial integrity of the general ledger and related financial statements. As a member of various committees within the bank, this position is responsible to make recommendations on major corporate budget strategies, funds management objectives, regulatory compliance and accounting procedures and policies. 

SUPERVISORY RESPONSIBILITIES

Directly supervises the accounting activities within the bank’s finance department. This individual collaborates directly with the Chief Financial Officer as well as others in management. This position also directly supervises the Building Service department. The supervisor provides overall direction, coordination and evaluation of the Building Services department, which may include: planning and directing work, appraising performance, rewarding and disciplining employees, addressing complaints and resolving problems. Takes responsibility for subordinates’ activities. Develops subordinates’ skills and encourages growth. Continually works to improve supervisory skills and makes oneself available to staff.  

QUALIFICATIONS

To perform this job successfully the individual must be able to perform each essential duty satisfactory. The requirements listed below are representative of the knowledge, skill and ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Oversees all phases of bank accounting, including the integrity of the general ledger accounting. Implements accounts or changes in categories and provides oversight that all applications and systems are balanced in a timely manner.
• Oversees the accounts payable and daily accounting processes to ensure borrowing agreements, pledging requirements, daily cash/liquidity position, etc. are all in compliance and within policy limits or guidelines. 
• Required, reliable attendance is required.

• Assists the CFO in developing the annual budget. Develops and monitors tracking and trending tools to help assure the bank meets financial targets.
• Provides guidance on asset liability management including: pricing, mix, gap and other asset/liability ratios and their impact on the bank.
  • Responsible for high level internal and external reports which may include: quarterly call report, Board reports, collateral pledging reports and others.
  • Works directly with the bank’s accounting and audit firms and is the primary contact for brokered deposit vendors. Negotiates pricing and terms. Maintains vendor management agreements and reviews costs, bills and bids. 
  • Oversees management of the accounting entries for the bank’s investment portfolio. Ensures adequate liability and property insurance coverage is in place

EDUCATION/EXPERIENCE

• Bachelor’s degree (BA) from a 4 year college or university preferred and/or 7+ years related experience and/or training or equivalent combination of education and experience.

CERTIFICATES AND LICENSES

• CPA or MBA preferred

PHYSICAL DEMANDS

While performing the duties of this job, the employee is regularly required to sit and use computer for extended periods. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

It is the individual responsibility of every employee to maintain a current awareness and understanding of and to fully comply with The Bank of Elk River’s “Code of Ethics Policy.” Each employee is also expected to maintain an awareness of the laws, regulations, internal policies and procedures that are appropriate for his/her position. Each employee must also comply with consumer protection laws that relate to his/her position.