Bank Controller – To $175K – Chicago, IL – Job # 3527

The Symicor Group; Chicago, Rockport, Schaumburg (IL, TX, IL); On-site; USD 148,000 - 175,000; Full time

Job summary

An established industry player is seeking a Bank Controller to oversee financial reporting and compliance in the greater Chicago area. This pivotal role involves managing the Accounting Department, ensuring adherence to GAAP, and providing financial insights to the Board of Directors. The ideal candidate will bring extensive experience in financial institutions, demonstrating leadership in staff development and strategic financial management. With a competitive salary and a full benefits package, this opportunity promises a significant impact within a dynamic banking environment. If you are passionate about finance and ready to take the next step in your career, this role is for you.

Qualifications

• 10+ years in accounting for financial institutions with staff supervision experience.
• Deep knowledge of GAAP and current reporting standards for financial institutions.

Responsibilities

• Responsible for financial analysis, reporting, cash management, and forecasting.
• Guide the bank in accounting procedures and regulatory compliance to maximize profitability.

Skills

Accounting

Finance

GAAP

Excel

Microsoft Office Suite

Problem-solving

Education

Bachelor’s degree in Accounting or Finance

MBA or CPA

Job description

Bank Controller – To $175K – Chicago, IL – Job # 3527

Who We Are

The Symicor Group is a boutique talent acquisition firm based in Schaumburg, IL & Rockport, TX. Our unique value proposition centers around providing the very best available banking and accounting talent. Most of our recruiters are former bankers or accountants themselves!

We excel at evaluating top banking and accounting talent. Whether you're a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group is ready to deliver premium results for you.

The Position

Our bank client seeks to fill a Bank Controller role based in the greater Chicago, IL market. The selected candidate will be responsible for financial reporting to the Board of Directors, regulatory authorities, and internal management of the bank. Responsibilities include ongoing development of the Accounting Department staff, ensuring compliance with accounting procedures and internal controls, establishing and maintaining an accounting system reflecting the bank's financial position, providing financial consolidation of branches and subsidiaries, and supervising the Accounting Staff.

Compensation and Benefits

This position offers a competitive salary of up to $175K, a full benefits package, and may be bonus eligible. (This is not a remote position)

Bank Controller Responsibilities

• Responsible for financial analysis, reporting, cash management, and forecasting.
• Approve and implement cost control strategies, monitor activities.
• Prepare budgets and analyze variances.
• Provide staff training and coaching for professional development.
• Report financial results to the Board of Directors and regulatory authorities.
• Guide the bank in accounting procedures and regulatory compliance to maximize profitability.
• Coordinate the annual budget with department managers, review variances, and support financial analysis.
• Analyze asset/liability management models, product pricing, branch profitability, and peer comparisons.
• Advise management on tax law or regulation changes affecting operations or profitability.
• Coordinate and provide documents for internal and external audits.
• Participate in federal or state examinations.
• Monitor daily cash position and loan loss reserves.
• Ensure compliance with GAAP and bank policies.
• Adhere to policies, procedures, and customer service standards.
• Comply with the Bank’s Standards of Conduct and perform other duties as assigned.

Who Are You?

You seek to influence your development, pursue your interests and passions, and view a job title as a starting point for your future.

Skills and experience include:

• Bachelor’s degree in Accounting or Finance; MBA or CPA preferred.
• Minimum of 10 years in accounting for financial institutions, with staff supervision experience.
• Deep knowledge of GAAP and current reporting standards for financial institutions.
• Advanced understanding of policies and procedures at community banks preferred.
• Proficiency in Excel and Microsoft Office Suite.
• Problem-solving skills, with the ability to analyze and resolve issues efficiently.
• Strong knowledge of bookkeeping, accounting principles, standards, laws, and regulations.

The next step is yours. Email your current resume and the position you are considering to:

[e-mail]