Senior Vice President/Controller

First Lockhart; Lockhart, Northern (TX, KY); Hybrid; USD 180,000 - 320,000; Full time

Job summary

First Lockhart is seeking a Senior Vice President/Controller to oversee all accounting, financial reporting, budgeting, tax, and regulatory reporting functions while shaping the Bank's long-term financial strategy.

The role emphasizes accuracy of financial information, strong internal controls, and advisory support to executive leadership and the Board.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• Minimum of 8 years of progressive accounting or financial management experience.
• Minimum of 5 years of leadership experience managing finance, accounting, or operational teams.
• Proven experience within a bank, financial institution, or closely related industry with GAAP knowledge.

Responsibilities

• Direct and oversee all accounting functions including general ledger and financial statements.
• Ensure timely GAAP financial reporting and regulatory reporting such as Call Reports.
• Lead budgeting, forecasting, variance analysis, and board presentations.
• Monitor financial performance and advise executive management and Board.
• Maintain internal controls and risk management practices.
• Oversee ALCO collaboration and capital/balance sheet planning.

Skills

Leadership

Financial modeling

GAAP knowledge

Communication

Presentation skills

Strategic planning

Team development

Integrity

Education

Bachelor's degree in Accounting/Finance/Business Administration

CPA designation preferred

Master's degree in Accounting/Finance/MBA preferred

Tools

Microsoft Excel

Financial reporting systems

Core banking applications

Job description

This Senior Vice President/Controller will oversee all accounting, financial reporting, budgeting, tax, and regulatory reporting functions while helping shape the Bank's long-term financial strategy.

The Controller will ensure the accuracy and integrity of financial information, maintain strong internal controls, support strategic decision-making, and serve as a trusted advisor to executive management and the Board of Directors.

• Direct and oversee all accounting functions, including general ledger, accounts payable, fixed assets, investment accounting, accounts reconciliation, and financial statement preparation.
• Ensure the timely and accurate preparation of monthly, quarterly, and annual financial reports in accordance with Generally Accepted Accounting Principles (GAAP).
• Prepare and review regulatory reports, including Call Reports and related filings.
• Monitor financial performance and communicate trends, risks, and opportunities to executive management.
• Develop and maintain effective accounting policies, procedures, and controls.

Strategic Leadership

• Lead and coordinate the preparation of the Bank's annual budget, including departmental budgets, financial forecasts, and supporting assumptions; monitor actual performance against budget and provide variance analysis and recommendations to executive management.
• Serve as a key member of the executive leadership team and contribute to strategic planning initiatives.
• Participate in the development of the Bank's annual and long-term financial plans, including revenue, expense, capital, and profitability projections.
• Prepare financial presentations and reports for the Board of Directors and executive committees.

Asset Liability and Capital Management

• Support asset/liability management (ALCO) activities through financial modeling, interest rate risk analysis, and liquidity monitoring.
• Assist in capital planning and balance sheet management initiatives.
• Monitor key financial ratios and recommend actions to maintain a strong financial position.

Regulatory Compliance & Risk Management

• Ensure compliance with applicable banking regulations, accounting standards, and internal policies.
• Coordinate financial audits, regulatory examinations, and tax engagements.
• Maintain a strong internal control environment and implement process improvements to mitigate risk.
• Stay informed of emerging regulatory, accounting, and industry developments affecting community banks.

Leadership & Team Development

• Lead, mentor, and develop accounting personnel.
• Foster a culture of accountability, professionalism, teamwork, and continuous improvement.
• Establish departmental goals and performance expectations aligned with organizational objectives.
• Develop succession planning strategies within the accounting department.

Operational Excellence

• Evaluate and improve accounting systems, reporting processes, and operational efficiencies.
• Collaborate with lending, operations, retail banking, compliance, risk management, and information technology teams.
• Lead special projects and strategic initiatives as assigned by executive management.

Qualifications

Required Education & Experience

• Bachelor's degree in Accounting, Finance, Business Administration, or related field.
• Minimum of 8 years of progressive accounting or financial management experience.
• Minimum of 5 years of leadership experience managing finance, accounting, or operational teams.
• Proven experience within a bank, financial institution, public accounting firm serving financial institutions, or closely related industry.
• Strong knowledge of GAAP, financial reporting, budgeting, forecasting, and internal controls.

Preferred Qualifications

• Certified Public Accountant (CPA) designation strongly preferred.
• Community banking experience preferred.
• Experience with regulatory reporting, including Call Reports.
• Experience participating in regulatory examinations and external audits.
• Master's degree in Accounting, Finance, or Business Administration preferred.
• Familiarity with asset/liability management (ALM), liquidity management, and bank capital planning.

Knowledge, Skills & Abilities

• Demonstrated leadership ability and executive presence.
• Strong analytical, financial modeling, and problem-solving skills.
• Ability to interpret complex financial information and communicate recommendations effectively.
• Excellent verbal, written, and presentation skills.
• Ability to build relationships across all levels of the organization.
• Strong organizational skills with the ability to manage multiple priorities in a fast-paced environment.
• High level of integrity, professionalism, confidentiality, and sound business judgment.
• Proficiency in Microsoft Excel, financial reporting systems, and core banking applications.