Controller

Job Description

Description:

POSITION: CONTOLLER

CLASSIFICATION: SALARY / EXEMPT

REPORT TO: CHIEF FINANCIAL OFFICER

DIRECT REPORTS: ACCOUNTING STAFF

SALARY: DOE $90,000 - $100,000

PRIMARY OBJECTIVE

The Controller is responsible for developing, managing, and maintaining reliable accounting information and reporting on income, expenses, assets, liability, and capital for management planning and decision making and for fulfillment of financial reporting requirements. Reconciles GL and bank accounts. Ensures that reports, accounts, systems, policies and practices adhere to generally accepted accounting principles (GAAP). Manages the activities of the accounting department, ensuring the staff perform their roles efficiently and accurately, in compliance with credit union policies and procedures. Responsible for overseeing departmental staff, procedures and recommending improvements. Responsible for remaining current with processes while implementing changes to streamline. Consistently providing expert financial perspective and opinions in analysis.

PRINCIPAL DUTIES AND RESPONSIBILITES, INCLUDE BUT ARE NOT LIMITED TO:

Oversee Accounting Department

Manages the daily and monthly processes of the department.

Delegates authority, responsibilities, and tasks

Develop and evaluate departmental procedures

Maintain the General Ledger – Creating and closing accounts as needed

Assist with internal/external audits

Maintains accounting records and responsible for preparation of reports

Manages departmental vendors

Accounting Tasks

Reviews journal entries for appropriateness and documentation.

Perform complex balance sheet reconciliations

Ensures all general ledger accounts assigned to staff are reconciled timely

Manage the accounting for the investment portfolio

Oversee the month end close process.

Regulatory Reporting

Tax Reporting for Federal, State and County

5300 Call Report

US Census

Provide support to staff as needed

Mentor, train and lead department staff

Serve as primary point of contact for staff regarding ACH/Draft/Wires

Assist members directly as needed

Provide support to Accounting, conducting account/general ledger research as appropriate

Maintain working knowledge of various account software programs.

Other duties and responsibilities as assigned by the Credit Union.

WORK ENVIRONMENT AND PHYSICAL DEMANDS:

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. This is largely a sedentary role; however, some filing is required. This would require the ability to lift files, open filing cabinets and bend or stand as necessary.Requirements:

POSITION REQUIREMENTS

Minimum of Bachelor’s degree in business, accounting, finance or a related field.

Minimum of 3 years’ supervisory experience in accounting function, in a financial institution, in a Credit Union preferred.

Working knowledge of generally accepted accounting principles (GAAP) and credit union accounting systems.

Familiarity with credit union/banking accounting regulations and procedures

Thorough knowledge of balance sheet and income statement

Strong computer proficiency required Microsoft Office (Excel and Word), accurate keyboard skills and familiarity with 10-key calculator.

Must have strong analytical and problem-solving skills and have the ability to evaluate situations to determine the proper course of action

Effective people skills, including excellent written and verbal communication skills, including active listening and providing clear direction

Must be highly motivated, self-driven, detail oriented, well organized, ability to prioritize and multitask with strong attention to detail.