Controller, Accounting, Financial Reporting

The Controller is responsible for accurate financial accounting and reporting in compliance with U.S. GAAP. This position has oversight of day-to-day accounting activities for Farmers and Merchants Trust Company and its affiliated entities—Queen City Investments, Inc., Messer Land and Development, QCI Real Estate Holdings, LLC, and QCI Capital Holdings, LLC—including, but not limited to, cash management, accounts receivable, accounts payable, payroll, expense accruals, general ledger maintenance, and financial reporting.

The ideal candidate will have a strong background in accounting and an affinity for problem-solving, as well as be detail-oriented and well organized.

• Maintain the integrity of the general ledger and chart of accounts.
• Coordinate month-end and year-end GL close processes.
• Manage and oversee daily liquidity, including cash forecasting for all entities.
• Execute and oversee accounts receivable and accounts payable processes, including customer invoicing, collections, invoice processing, and vendor payments.
• Manage and oversee accounting for fixed assets, expense accruals, prepaids, lease accounting, and the investment portfolio.
• Develop strong partnerships and communication with other departments and senior management to ensure all company activities are treated in accordance with U.S. GAAP. This communication is especially critical during new system implementations, new product or service offerings, vendor changes, or changes in business processes.
• Identify and implement process improvement projects in accounting operations to support the Company’s growth.
• Ensure the accuracy and completeness of the monthly tax provision calculation.
• Manage relationships with vendors and banking partners.

• Prepare and distribute various daily and monthly management reports.
• Prepare budget variance reports and provide analysis.
• Develop financial forecasting models.
• Prepare Board of Directors reports and various other committee reports.

• Supervise, assist, train, and mentor staff members to ensure all tasks and duties are completed accurately and timely.
• Provides leadership through direct supervision and broader organizational involvement. Oversees team performance, including work allocation, coaching, and professional development, and ensures alignment with Trust standards and regulatory requirements.
• Ensure accountability of the accounting team.
• Develop individuals’ skills and implement programs to support staff career advancement.

• Implement a system of internal controls over financial reporting (ICOFR) to prevent fraud, maintain financial integrity, and ensure the accuracy and completeness of financial data in accordance with GAAP.
• Lead internal and external audits and be responsible for the timely and accurate completion of schedules and information requests in connection with financial, operational, and regulatory audits.
• Oversee the preparation of monthly and quarterly financial statements.
• Prepare audited annual financial statements, including consolidated balance sheets, income statements, statements of stockholders’ equity, cash flow statements, and related footnotes.
• Prepare quarterly regulatory reporting (i.e., Trust Call Report).
• Prepare consolidating financial statements, including standalone statements and intercompany eliminations.

• Assist in the preparation of annual insurance policy renewal applications.
• Maintain annual state and federal compliance requirements, including the production of 1099s and various other tax forms.
• Perform other duties as assigned.

Comply with all applicable state and federal laws, regulations, fiduciary standards, and internal policies governing trust and wealth management activities, including applicable Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Office of Foreign Assets Control (OFAC), and Customer Identification Program (CIP) requirements, as relevant to trust accounts and client relationships, Financial Elder Abuse reporting laws, sexual harassment prevention policies, and…