Corporate Controller

Position Title: Corporate Controller

Locations:

Time Type: Full time

Req : JR1306-

Salary Range: $200,000-$250,000

At Midland States Bank, base salary is one component of our Total Rewards program. Exact compensation is determined by factors such as education, skills, internal equity, and experience. This position offers additional compensation in the form of short‑term incentives (bonus and/or commission) and may include long‑term incentives (stock awards). Benefits for this role include comprehensive healthcare, well‑being benefits, paid family leave, and generous paid time off.

Total Rewards also include banking perks, an Employee Stock Purchase Plan, a 401(k) plan with company match, and may include the opportunity to participate in our Non‑Qualified Deferred Compensation plan. Incentives and benefits are subject to eligibility requirements.

The Corporate Controller reports to the Chief Accounting Officer (CAO) and is responsible for managing the daily operations of the Company’s accounting department. Responsibilities include oversight of the general ledger, period‑end close processes, reconciliations, internal financial reporting, and internal control maintenance. The Controller plays a critical role in ensuring the accuracy and integrity of financial data, supporting internal stakeholders, and enabling the timely preparation of external reporting packages.

• Manages a team of professionals in a customer‑centric culture to excel in a fast‑paced environment.
• Coaches, develops, and conducts performance management activities with direct and indirect reports.
• Identifies high‑potential employees for advanced training and development opportunities.
• Effectively manages poor performers.

• Lead the month‑end and year‑end close processes, ensuring timeliness, accuracy, and adherence to GAAP.
• Manage all general ledger activity, journal entries, account reconciliations, and internal reporting schedules.
• Maintain the integrity of financial systems and drive improvements in efficiency and automation.
• Supervise the preparation of financial statements and internal reporting for executive leadership and business unit leaders.

• Direct the development and execution of accounting policies and procedures.
• Ensure compliance with SOX requirements and internal controls over financial reporting.
• Coordinate responses to internal and external audit requests, maintaining thorough documentation.
• Support enterprise risk and compliance teams with internal control documentation.

• Prepare and deliver data and supporting schedules for external reporting, including 10‑Qs, 10‑Ks, and call reports.
• Partner with the CAO on technical accounting research, financial analysis and ad‑hoc projects.
• Provide financial modeling, financial analysis, and valuation support for acquisitions, contracts and other ad‑hoc financial projects.
• Develop and manage the accounting team’s budget.
• Develop and manage the annual budget for the holding company, including cash flow projections.

• The role requires occasional travel for training and team meetings, and willingness to travel periodically to locations within the market as needed.
• May require work in a Midland office to ensure collaboration and support of internal and external customers.
• Maintain compliance with all applicable regulations including, but not limited to, the Bank Secrecy Act (BSA).
• Other duties as assigned.

• Bachelor’s degree in accounting or a related field is required.
• CPA certification required; public accounting experience with a Big 4 firm is strongly preferred.
• Minimum of 10 years of progressive experience in accounting roles within the financial services industry.
• Minimum of 7 years of experience leading teams with demonstrated success in coaching and motivating team members.
• Minimum of 7 years of significant bank accounting experience.
• Working knowledge of GAAP issues as they relate to the banking industry.
• Strong quantitative and analytical skills coupled with the ability to think critically.
• Excellent oral, written, and…