Controller, Finance & Banking, Financial Reporting

Collinsville Building & Loan Association - Job Description – Controller

The Controller is responsible for the Association’s accounting, financial and regulatory reporting, budgeting, tax reporting, and related financial control functions. As a member of the Executive Leadership Team, the Controller maintains a hands-on role in accounting activities while providing accurate financial information and analysis to support management and Board decision-making and the Association’s overall safety and soundness.

Reporting Structure:

The Controller reports directly to the President & Chief Executive Officer and serves as a member of the Association’s Executive Leadership Team. This position does not currently have direct supervisory responsibilities but works collaboratively across departments and provides financial expertise and guidance to management and staff.

Duties and Responsibilities include, but are not limited to:

• Oversee general ledger activity, reconciliations, adjusting entries, and month-end and year-end accounting processes.
• Prepare monthly and annual financial statements and other financial reports for management and the Board of Directors.
• Manage and process accounts payable activities, including Association invoices, real estate taxes, and other applicable obligations.
• Prepare and coordinate required federal and state tax reporting and payments, including estimated income taxes, sales and use tax, Form 945, Forms 1099-MISC, and other applicable IRS reporting.
• Prepare, review, and transmit the Call Report and other assigned financial or regulatory reports.
• Complete required financial and regulatory processes through internal and external systems.
• Coordinate the annual budget process, monitor performance against budget, and provide analysis of significant variances and financial trends.
• Record, reconcile, and maintain documentation for investment activity and ensure transactions are accurately reflected in the Association’s financial records.
• Serve as a member of the Investment Committee, Asset/Liability Management Committee (ALCO), and Asset Classification Committee.
• Coordinate the Association’s financial audit and provide financial information and support during audits and regulatory examinations.
• Maintain effective accounting controls, appropriate segregation of duties, and supporting documentation; identify and elevate discrepancies or control concerns as appropriate.
• Maintain productive working relationships with management, staff, auditors, regulators, financial institutions, tax professionals, and other service providers.
• Maintain the confidentiality and security of financial, customer, employee, and Association information.
• Perform other accounting, financial, and organizational responsibilities as assigned.

Performance Expectations:

• Produce accurate, complete, and timely financial, regulatory, and tax reporting.
• Maintain reliable accounting records, effective financial controls, and audit and examination readiness.
• Proactively identify and appropriately resolve or elevate accounting discrepancies, control concerns, and financial issues.
• Provide timely and meaningful financial information and analysis while demonstrating sound judgment, confidentiality, collaboration, and professionalism.

Qualifications:

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field preferred; equivalent education and directly relevant experience may be considered.
• Five or more years of progressively responsible accounting, finance, financial reporting, audit, or related experience preferred.
• Experience with in a bank, thrift, credit union, or other regulated financial institution strongly preferred.
• Experience with general ledger accounting, financial statement preparation, budgeting,…