Financial Controller FIRST STATE BANK AND TRUSTMONTICELLO, ILThe Financial Controller is responsible for the integrity, accuracy, and timeliness of the Bank's financial reporting and accounting operations. This role oversees the general ledger, financial statement preparation, regulatory reporting support, internal controls, budgeting, audits, and accounting policy compliance. In a community bank setting, the Controller is both a strategic partner to the CFO and a hands-on leader who ensures compliance with GAAP, regulatory expectations, and internal policies.
The Controller plays a critical role in supporting the Bank's financial strength, transparency, and regulatory standing while helping scale financial processes to support growth.
Key ResponsibilitiesFinancial Reporting & Accounting
- Ensure the accurate and timely preparation of monthly, quarterly, and annual financial statements in accordance with GAAP.
- Oversee general ledger maintenance, account reconciliations, accruals, and closing processes.
- Review and approve journal entries, balance sheet reconciliations, and variance analyses.
- Maintain accounting policies, procedures, and documentation to ensure consistency and compliance.
Regulatory & External Reporting
- Support preparation and review of regulatory reports and holding company financials in coordination with the CFO and external vendors.
- Serve as a primary liaison for external auditors, regulators, and internal audit engagements.
- Ensure compliance with FDIC, state banking regulators, and other applicable regulatory requirements.
Internal Controls & Risk Management
- Design, implement, and maintain strong internal controls over financial reporting.
- Monitor adherence to internal policies and corrective action plans.
- Identify accounting risks and proactively recommend improvements to controls and processes.
Budgeting, Forecasting & Analysis
- Assist the CFO in the annual budgeting and strategic planning process.
- Support forecasting, financial modeling, and management reporting.
- Provide financial analysis and insights to executive management and the Board as requested.
Leadership & Team Management
- Lead and develop accounting staff, including mentoring, performance management, and training.
- Promote a culture of accuracy, accountability, and continuous improvement.
- Ensure adequate cross-training and succession planning within the accounting function.
Systems & Process Improvement
- Oversee accounting system integrity and chart of accounts maintenance.
- Partner with IT, operations, and external vendors on system upgrades, conversions, or new implementations.
- Drive automation and process improvements to enhance efficiency and scalability.
QualificationsEducation & Certification
- Bachelor's degree in Accounting, Finance, or related field required.
- CPA or CMA strongly preferred.
Experience
- Minimum of 7-10 years of progressive accounting experience, with at least 3-5 years in a banking or financial services environment.
- Prior experience in a community bank or similarly regulated institution strongly preferred.
- Experience managing audits, regulatory exams, and financial reporting cycles.
- Demonstrated people leadership experience.
Technical Skills
- Strong working knowledge of GAAP and bank-specific accounting topics.
- Familiarity with FDIC and Illinois regulatory expectations.
- Experience with core banking systems and financial reporting software.
- Strong Excel and data analysis skills.
Competencies
- High attention to detail with the ability to see the broader financial picture.
- Strong analytical, organizational, and problem-solving skills.
- Clear and professional communication skills, both written and verbal.
- Ability to manage deadlines and priorities in a fast-paced environment.
- High ethical standards and commitment to confidentiality.
Physical & Work Environment Requirements
- Primarily office-based with standard business hours.
- May require extended hours during month-end, quarter-end, year-end, audits, or examinations.
- Occasional travel for training, audits, or regulatory meetings.
