SUMMARY: The Controller is directly responsible for the preparation of all financial analyses and supporting documentation related to the Bank's financial statements. Additionally, the Controller oversees the day-to-day operations of the General Ledger and Accounting Departments.
ESSENTIAL DUTIES AND RESPONSIBILITIES:- Maintain and ensure proper recording of all financial transactions in the General Ledger system
- Prepare annual financial statements and footnotes that appear in the published annual report. Provide information to the Chief Accounting Officer and Chief Financial Officer for the annual audit of the financial statements and footnotes, the 401K financial statements, and various other audits
- Prepare SEC required reports on a quarterly and annual basis, including the 10Q and 10K reports required of public companies and presents these reports at the Audit Committee meeting.
- Prepare quarterly regulatory reports, such as the FR Y-SP and Call report for the Federal Reserve Board
- Record all monthly adjusting journal entries, such as fixed asset depreciation, pre-paid expenses, reserve accounts, investment accretion/amortization, and income tax accruals
- Close monthly periods and prepare financial statements for internal use by management
- Oversee the General Ledger accounting department and assist with any issues that arise, including accounts payable, account reconciliation, and personnel issues
- Analysis and interpretation of accounting information to assist management appraisal of profitability and fiscal soundness
- Serve as a member of the ALCO and provide input and support as necessary
- Provide research and analyses of Company and industry data, prepare reports and recommendations to assist in the development of the annual budget and financial forecasts
- Maintain an understanding of current accounting standards that impact the Bank's accounting environment, including FASB's and other authoritative regulations, as well as IRS codes that affect the Bank's income tax liability
- Serve as Controller for Farmers Trust Company, duplicating the above listed tasks/activities for the Trust Company
- Complete all mandatory and elective training, including BSA (Bank Secrecy Act) and Anti-Money laundering procedures. Maintain compliance with all appropriate rules and regulations
- Regular, predictable attendance is an essential requirement of this position
- Completes all other duties as assigned
EDUCATION AND/OR EXPERIENCE:
- Bachelor Degree with additional credits in order to obtain CPA License
- CPA designation preferred
- Minimum seven (7) years experience in the field of accounting with a level equal to supervisor or controller.
- Knowledge of Word, Excel, Internet navigation/research, and Outlook is expected
- Ability to clearly and effectively communicate both verbally and in writing
