Accountant / Controller

First Independent Bank; Marshall (MN); On-site; USD 55,000 - 85,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

401K

Long-term Disability

Short-term Disability

Job summary

A regional financial institution in Minnesota is looking for a full-time Accountant / Controller. This role involves managing all accounting operations and preparing financial reports. Ideal candidates will have a Bachelor's degree in accounting and CPA certification, alongside strong communication and organizational skills. The annual salary ranges from $55,000 to $85,000.

Qualifications

• 3-5 years accounting experience.
• Background in financial institution accounting preferred.

Responsibilities

• Oversee all accounting operations including general ledger and accounts payable.
• Manage capital budgets and accounting of fixed assets.
• Prepare monthly financial and management reports.
• Partner with senior management on strategic planning and budgeting.

Skills

Excellent communication skills

Organizational skills

Proficiency in Microsoft Office

Proficient in Microsoft Excel

Education

Bachelor's degree in accounting

CPA certifications preferred

Job description

First Independent Bank is seeking a full-time Accountant / Controller to be based out of our Russell or Marshall office. The primary focus of this position is to manage the financial operations of the bank.

First Independent Bank offers competitive compensation, full benefits, and a great work environment.

PRIMARY JOB PURPOSE

This role oversees accounting, financial reporting, and budgeting. Prepares, presents and interprets financial reports to management, directors and government agencies. Serve as primary on Accounts Payable. Performs basic, routine posting, balancing, filing, calculating and other bookkeeping/accounting operations. Assist the President in all aspects of the financial management of the bank and in attaining bank financial goals.

ESSENTIAL JOB RESPONSIBILITIES

• Oversee all accounting operations, including the general ledger, accounts payable/receivable, and fixed asset accounting.
• Manage capital budgets and oversee the accounting of fixed assets, prepaids, and accruals.
• Prepare and assist in the preparation of monthly financial and management reports in compliance with GAAP and applicable regulations.
• Partner with senior management on strategic planning, budgeting, performance management, and financial reporting.
• Establish and maintain internal financial controls aligned with GAAP, FASB, and regulatory guidelines.
• Assist in managing the Bank’s cash position, including liquidity, investments, and overall cash flow.
• Assist in overseeing the Bank’s investment portfolio and ensure compliance with policy and regulatory requirements.
• Assist in developing and managing a capital strategy and ensure compliance with capital ratio requirements and profitability goals (e.g., IRR and ROI).
• Support the Asset/Liability Management Committee (ALCO) and assist with liquidity monitoring and ratio production.
• Assist in income tax planning in coordination with external accountants.
• Understand, produce, and monitor key financial statements (Balance Sheet, Income Statement, Projections, Board Reports).
• Prepare and help support regulatory filings such as the quarterly Call Report.
• Assist with internal and external audits and regulatory examinations.
• Perform reconciliations for correspondent bank accounts, internal accounts, and general ledger accounts.
• Record and reconcile FHLB transactions and investment entries.
• Perform all aspects of bond accounting, including transactions, interest/principal payments, accruals, amortizations, and ensuring adequate pledging for townships and municipalities.
• Performs all miscellaneous duties as assigned or required.

EXPERIENCE / EDUCATION

• Bachelor’s degree in accounting with CPA certifications preferred.
• 3-5 years accounting experience. Background in financial institution accounting preferred.
• Excellent communication and organizational skills.
• Proficient in Microsoft Office, Microsoft Excel and Microsoft Windows.

Benefits available include Health, Dental, Vision, Group Life/Long Term Disability, Short-Term Disability, Voluntary Life, 401K.

Annual Salary Range $55,000-85,000

First Independent Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to: race, color, religion, sex, national origin, age, pregnancy (including childbirth, lactation and related medical conditions), mental or physical disability, and veteran status or any other classifications protected by federal, state or local law. Member FDIC.

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Accounting/Auditing and Finance

Industries

• Banking