Controller

Citizens Trust Bank; Georgia; On-site; USD 120,000 - 180,000; Full time

Job summary

Citizens Trust Bank seeks an experienced Controller in Atlanta, Georgia to lead the Accounting Department, oversee comprehensive financial reporting, and ensure regulatory compliance across GAAP standards.

You will manage monthly and quarterly closings, oversee the treasury function and budgeting process, and collaborate with the board and external auditors to support strategic objectives and financial integrity.

Qualifications

• Oversees day-to-day operations and activities of the Accounting Department.
• Manages month, quarter, and year-end closing processes and GL reconciliation.
• Prepares and ensures accuracy of financial statements and regulatory filings in accordance with GAAP.

Responsibilities

• Interacts with board members, shareholders, regulators and external auditors.
• Manages Treasury functions including investment portfolio and liquidity management.
• Coordinates and prepares tax returns for real property, personal property, intangible assets, etc.
• Develops and presents ALCO and Audit Committee information and reports.

Skills

GAAP knowledge

Financial reporting

Regulatory reporting

Internal controls

Budgeting

Board communications

Job description

Job Description

We’re Hiring!

Controller – Atlanta, Georgia

Celebrating over 100 years in the community, Citizens Trust Bank remains committed to providing personalized service and financial solutions to meet the growing needs of our customers.

We are committed to our institution’s values of Integrity, Collaboration, Innovation, Service Excellence, Respect, Accountability, and Leadership, all of which are needed to continue our mission of empowering generations for financial success.

By joining our team, you can expect opportunities to enhance personal accomplishments and professional growth.

POSITION SUMMARY:

Responsibilities include but are not limited to the following:

• Oversees and manages the day-to-day operations and activities of the Accounting Department
• Handles the month, quarter, and year-end closing process, including the reconciliation of the general ledger
• Controls bank overhead expenses and makes recommendations to improve the bank’s cost structure; implements and manages approved expense controls
• Prepares and is responsible for the accuracy and timely completion of the company’s financial statements and regulatory reporting and filings (Call Reports, FR Y-9SP, Corporate Annual Reports to Shareholders, Proxy Statements and Notices, etc.); ensures all financial reporting processes are in compliance with appropriate GAAP standards and regulatory requirements
• Evaluates and recommends annual insurance coverage for protection against property losses and potential liabilities; manages and oversees the bank’s property casualty and liability-related insurance programs
• Serves as a contact and interacts with board members, shareholders, investment bankers, regulators and external auditors
• Manages the Treasury functions of the bank, which includes the investment portfolio, liquidity management, and pledge requirement for public deposits
• Coordinates and prepares the tax returns for real property, personal property, intangible, etc.
• Determines depreciation rates to apply to capitalized items and advises management on desirable operational adjustments due to tax revisions
• Prepares and presents clear, accurate, concise, and effective correspondence, communications, documents, presentations, year-to-date financials, projections, analysis, forecasts, monthly board and management reports, and other reports and information
• Manages cash flow by tracking transactions and regularly reviewing internal reports
• Maintains internal control and safeguards for receipt of revenue, costs, program budgets, and actual expenditures
• Maintains an accurate chart of accounts and a system of controls over accounting transactions; ensures that all financial transactions are properly recorded, filed, and reported; examines all financial reports and data closely to check for discrepancies
• Prepares ALCO and Audit Committee Meeting information packages and reports for the board of directors’ and committee meetings; records and prepares ALCO and Audit Committee meeting minutes
• Attends ALCO and Audit Committee meetings and other bank-related meetings
• Manages the bank’s annual strategic budgeting process; develops, implements, and tracks the annual budget and strategic plan for the Accounting Department
• Assists the bank’s examiners’ internal and external auditors as needed during examinations, audits, and other engagements
• Reviews, develops, updates, revises, implements, maintains, and enforces a documented system of effective and efficient accounting internal controls, policies, procedures, guidelines, etc.
• Makes presentations and presents reports to the executive and senior management, board of directors, stakeholders, and others
• Ensures that accounts payables are paid accurately and promptly, and all accounts receivables are collected promptly
• Increases the efficiency and digitalization of all accounting-related processes, functions, and systems
• Demonstrates and maintains sound, update-to-date, and comprehensive working knowledge and understanding of all aspects of accounting, financial and banking-related regulations, laws, industry trends, developments, financial forecasts, bank policies, procedures, guidelines, rules, processes, practices and expectations related to areas of responsibilities and banking solutions, products, and ser