Assistant Controller

RESOURCE BANK

Assistant Controller

Position Summary:

This position reports to the Controller. It is responsible for analyzing financial information and preparing financial reports to determine or maintain record of assets, liabilities, profit and loss, tax liability, reconciliation of general ledger accounts or other financial activities within the Bank. This position acts as the Controller in the Controller’s absence. 

 Essential Functions:

• Prepare, examine, or analyze accounting records, financial statements, or other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
• Familiarity with the chart of accounts and assigns entries to proper accounts.
• Prepares and controls the entering of journal entries to the general ledger.
• Documents all transaction and general ledger adjustments. 
• Develop, implement, modify, and document recordkeeping and accounting systems, making use of current computer technology.
• Interacts with accounting personnel to ensure compliance with established accounting procedures. 
• Survey operations to ascertain accounting needs and to recommend, develop, or maintain solutions to business and financial problems.
• Furnishes internal reports, revises and updates reports to be more useful and efficient, and furnishes external reports as necessary.
• Furnishes support and documentation to internal and external auditors and examiners as requested.
• Oversees bank balances.
• Coordinates the completion of the balance sheet account analysis.
• Evaluates subsidiary journals for obvious errors and omissions and prepares corrected data for entry into the general ledger. 
• Reconciles daily cash flow statements and reconciles to monthly bank statements. 
• Assists Controller with daily operations, remaining current on all duties and procedures within the Accounting Department to assist or perform duties as needed.
• Maintains an accounting of service corporation activities and related joint ventures in the Controller’s absence.
• Prepares financial statements, board reports and cash flow statements in the Controller’s absence.
• Prepares and posts all service corporation activities, i.e. cash receipts, journal entries, general ledger, cash disbursements, general ledger reconciliations, cash management backup, and tax and audit schedules in the Controller’s absence.
• Assists financial reporting supervisors with daily operations. 
• Coordinates corporate accounting activities, including accounts payable in the Controller’s absence.
• Develops and maintains complex computer-based analyses and reports of financial institution accounting records on a regular basis. 
• Monitors fixed-asset management in the Controller’s absence.
• Maintains administration of systems and applications administered by the Accounting Department.
• Reviews commercial wire agreements for proper execution.
• All other duties assigned.

 Knowledge and Skills:

• Mathematics - Using mathematics to solve problems.
• Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
• Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
• Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.
• Active Learning - Understanding the implications of new information for both current and future problem-solving and decision-making.

 Attributes:

• Problem Sensitivity - The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing there is a problem.
• Deductive Reasoning - The ability to apply general rules to specific problems to produce answers that make sense.
• Information Ordering - The ability to arrange things or actions in a certain order or pattern according to a specific rule or set of rules (e.g., patterns of numbers, letters, words, pictures, mathematical operations).
• Oral Expression - The ability to communicate information and ideas in speaking so others will understand.
• Written Expression - The ability to communicate information and ideas in writing so others will understand.
• Mathematical Reasoning - The ability to choose the right mathematical methods or formulas to solve a problem.
• Excellent organizational and financial management skills.  

Experience and Education:

Bachelor's Degree in Accounting or Finance required.  Master’s Degree, CPA license and four to six years of experience in theoretical and practical accounting or banking preferred.   

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