Controller

Job Summary

The Controller is responsible for assisting the Chief Financial Officer (CFO) with the Bank's financial accounting, reporting, and overall financial operations. This position supports the CFO in maintaining accurate financial records, preparing financial and regulatory reports, monitoring financial activities, and ensuring compliance with applicable accounting standards and banking regulations.

Additionally, this position is responsible for administering the Bank's human resources functions, including payroll, employee benefits, personnel records, and employment-related policies and procedures. The Controller / Human Resources Officer works closely with the CFO and executive management to support the Bank's financial integrity, operational efficiency, regulatory compliance, and organizational objectives.

Responsibilities

• Perform all aspects of general ledger activity for the Bank and Bancorp including review of activity, preparation of reconcilements, maintenance of chart of accounts, preparation of reconcilement summary report, and preparation of management reports.
• Prepare and submit all regulatory reports, including quarterly call report and various FR-Y reports.
• Administer KSOP including recording transactions, analysis of semi-annual stock level, transmit information for accurate preparation of employee KSOP balances, and preparation of required disclosures and tax reporting for participants.
• Maintain accounts payable records and issue checks for properly approved invoices, including setting up and maintaining recurring entries, prepaid expenses and tax reporting.
• Maintain schedule of Director attendance and process fee payments.
• Manage escheatment process and prepare annual remittance.
• Follow cash management procedures to maintain target balances in correspondent bank accounts.
• Maintain records of investment portfolio, prepare GL entries for investments and ensure adequate pledging for public funds and repurchase agreements.
• Maintain fixed assets including a physical inventory and record appropriate depreciation and disposal.
• Issue monthly shareholder distributions and maintain shareholder records in Quickbooks.
• Address general support issues related to payroll, premises, insurance, etc.
• Perform duties of HR Generalist including processing payroll, processing new and departing employees, updating handbook, tracking performance reviews, and ensuring that employees are timely enrolled in/terminated from group benefits.
• Participate in IT Steering Committee and assist with IT management.
• Assist deposit operations department with wire transfers.
• Perform annual ACH audit.
• Assist with other duties as required.

Qualifications and Education Requirements

Associates of Arts Degree in Accounting preferred. 3-5 years experience in bank accounting, regulatory reporting, and knowledge of bank operations including Loans, Deposits, and Operations also preferred.

Preferred Skills

• Excellent verbal and written communication skills
• Good interpersonal skills
• Excellent attention to details
• Strong ability to multitask
• Proficient in Microsoft Office and Quickbooks

Pay: $60,000.00 - $80,000.00 per year

Benefits:

• 401(k) 5% Match
• Dental insurance
• Health insurance
• Paid time off

Work Location: In person