Worthington National Bank
Location
Arlington, TX | United States
Job description
Bank Controller
JOB TITLE: Bank Controller / Operations, SVP
REPORTS TO: Chief Financial Officer
DEPARTMENT: Accounting/Finance/Operations
BASIC FUNCTION:The Controller is responsible for managing all phases of corporate accounting,
corporate finance, regulatory reporting and management reporting.
Corporate Accounting Responsibilities include:
- Manage all aspects of accounting operations.
- Maintain the GL structure of the Company including maintenance of GL
accounts, creating and setting up brand new GL accounts, adding new
branches, cost centers, entities, and verifying reporting codes to ensure
accurate financial reporting.
- Manage the implementation and maintenance of internal financial controls.
- Manage the completion of assigned month end close activities and
prioritize staff assignments to meet timeframes established for month-end,
quarter-end and annual closing of the general ledger.
- Responsible for ensuring that reconciliations are accurate, complete and
in compliance with GAAP.
- Manage the full cycle of the accounts payable process, from invoice
receipt to payment. This includes 1099 NEC tax reporting.
- Ensure the fixed assets subledger and corresponding general ledger
accounts are properly calculated, supported, and reconciled.
- Manage the billing and accounting for bank leases. Ensure that rents are
billed accurately, and revenue and lease costs are accounted for properly
in accordance with GAAP.
- Ensure bonds are accounted for properly in accordance with GAAP.
Corporate Finance Responsibilities include:
- Prepare the annual budget, quarterly forecasts and updates, and other
longer-term financial projections.
- Oversee the preparation of the quarterly Asset/Liability Committee ALCO
package.
- Maintain and enhance support documentation for Asset /Liability ALM and
Liquidity assumptions based on regulatory changes as needed.
- Ensure the interest risks are properly represented. Proactively identify
new/emerging IR risks. Identify potential model or calibration adjustments
based on changing balance sheet dynamics, present remediation and
supporting documentation.
- Maintain ALM policies and procedures.
- Manage and oversee the monitoring and reporting of the bank’s liquidity
position including various liquidity ratios, collateral availability, the
estimated capacity of existing and potential funding sources, liquidity
projections, stress liquidity scenarios, funding concentrations,
commitment usage, levels, peer comparisons, etc.
Reporting Responsibilities include:
- Oversee and/or prepare the monthly, quarterly, and annual management
reports for the bank. These include - board report package, asset liability
management report package, BancFirst monthly report package and
Forvis audit packages.
- Manage in-house ad hoc reporting requests.
- Oversee and/or prepare the quarterly and annual regulatory reports for
the bank - call report and summary of deposits.
Other Job Responsibilities:
- As needed, streamline, and simplify all required financial processes;
understand connection and impact to operations.
- Assist CFO as needed.
- Develop and maintain healthy, collaborative relationships with crossfunctional
leaders among varying levels.
- Support the activities of both internal and external auditors throughout the
year by providing requested documentation, explanations for large or
unusual transactions, and communication of critical accounting processes.
- Mentor, train, and develop a team of professional and clerical team
members.
Job Specifications:
Ideal candidate will have the following:
- 5+ years experience in bank accounting
- Accounting degree preferred
- Experience as a Bank Controller or Bank Cashier preferred
- Experience with Asset Liability Management a plus
- Supervisor / Management experience
Competencies:
- Proficient in Microsoft Office (especially Excel) with the ability to learn and
utilize new and existing banking and accounting software applications.
- Excellent organizational skills and attention to detail with the ability to
manage multiple priorities and meet established deadlines.
- Analytical ability to interpret data and present it in a meaningful and easily
understood form while providing recommendations.
- Ability to take initiative in problem solving and use sound judgment to
produce practical solutions.
- Strong verbal and written communication skills with the ability to interact
with all levels of staff and management.
- Strong knowledge and understanding of accounting concepts/standards,
US GAAP.
The above statements describe the general nature and level of work being performed. They are not to be construed
as an exhaustive list of all responsibilities, duties, and skills required of the position. Employees holding this
position will be required to perform any other job-related duties as requested by management. All requirements are
subject to possible modification to reasonably accommodate individuals with a disability.
Job tags
Salary