Bank Controller

The Symicor Group; Chicago (IL); On-site; USD 90,000 - 110,000; Full time

Benefits offered by this job

Benefits package

Job summary

The Symicor Group seeks a Bank Controller in the greater Chicago, IL area to oversee the bank’s accounting operations, ensure accurate reporting, and implement controls and budgets to mitigate risk. The role offers a salary up to $100K, a full benefits package, and potential bonus eligibility.

Responsibilities include regulatory reporting, financial statement preparation, and GAAP/IFRS compliance, with leadership of the Finance Operations team and collaboration with CFO and Compliance.

Qualifications

• Bachelor’s degree in accounting or finance.
• Five or more years’ comprehensive accounting experience and at least two years managing the general ledger.
• Comprehensive knowledge of federal and state banking laws and regulations.
• Financial control and general ledger experience.
• Prior banking experience preferred.
• Proficient in using advanced Microsoft Excel and standard accounting software.

Responsibilities

• Preparing and filing the Bank’s Call Report, 10K, 10Q, regulatory, and financial reports before deadlines.
• Producing periodic financial reports for daily, monthly and annual monitoring.
• Maintaining an adequate system of accounting records and a comprehensive set of controls and budgets to mitigate risk.
• Ensuring reported results comply with GAAP or IFRS.
• Forecasting the Bank’s financial performance and explaining deviations to budget.
• Working with Department Managers to create procedures for effective system usage and maintenance.
• Supervising Finance Operations staff and overseeing GL balancing.
• Providing back up support for monthly reconciliations and assisting audits.

Skills

Accounting experience

Advanced Excel

Decision making

Leadership

Project management

Education

Bachelor's degree in accounting or finance

Tools

Microsoft Excel

Job description

Bank Controller – Up to $100K – Chicago, IL – Job # 2042

Who We Are

The Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & Rockport, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves! We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.

The Position

Our bank client is seeking to fill a Controller role based in the greater Chicago, IL market. The selected candidate will be responsible for maintaining the integrity of the Accounting operations of the Bank which includes accurate reporting and record-keeping, creating controls and budgets to mitigate risk, and ensuring compliant results. This position offers a competitive salary of up to $100K, a full benefits package, and may be bonus eligible.

Controller responsibilities

• Preparing and filing the Bank’s Call Report, 10K, 10Q, regulatory, and financial reports before the established deadlines.
• Producing periodic financial reports; as required for daily, monthly and annual monitoring.
• Maintaining an adequate system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk which enhances the accuracy of the Bank’s reported financial results.
• Ensuring that reported results comply with generally accepted accounting principles or international financial reporting standards.
• Forecasting the Bank’s financial performance and prepares detailed explanations for deviations of fees and operating expenses to budget.
• Working with Department Managers to create procedures to ensure effective and efficient system usage and maintenance.
• Monitoring on-going procedural compliance with managers and staff.
• Conducting project management functions as related to Finance Operations and other projects as assigned and directed by the CFO, Compliance Officer, and the President.
• Developing and Implementing training curricula, materials, and programs. Working with Managers to disseminate training material through necessary departments.
• Supervising Finance Operations department staff; ensures a competent, motivated staff through hiring, training, counseling, supervising, and reviewing the performance of employees.
• Overseeing daily general ledger balancing and reconcilements.
• Providing support to Compliance Officer for assistance in completing audits, identifying training needs, and other projects as needed.
• Providing back up support for monthly reconcilements prepared by the Operations staff.
• Playing a pivotal role in the completion of annual FDIC and other agency audits.
• Ensuring compliance with the Bank’s established guidelines, policies, and procedures.
• Maintaining knowledge of Bank products and services and refers customers and prospects to appropriate areas of the Bank.
• Participating in ongoing professional development and training programs to further advance skills.

Who Are You?

You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future. You also bring the following skills and

Experience

• Bachelor’s degree in accounting or finance.
• Five or more years’ comprehensive accounting experience and at least two (2) years’ experience managing the general ledger and financial reporting functions.
• Comprehensive knowledge and application of federal and state banking laws and regulations.
• Financial control and general ledger experience.
• Prior banking experience preferred.
• Proficient in using advanced Microsoft Excel (formulas, graphing, pivot tables); Microsoft Office, and other accounting software systems.
• The ability to make decisions, exhibit sound, and accurate judgment, and make timely decisions.
• The ability to inspire and motivate others to perform well and to accept feedback from others.
• The ability to manage and execute multiple projects simultaneously.
• The ability to identify and resolve problems in a timely manner by skillfully gathering and analyzing information, facts, data, etc.
• Willing to be held accountable for critical decisions and situations.