Controller - Bangor, United States - Bangor Savings Bank

Description

Reporting directly to the Chief Financial Officer, the Controller is responsible for establishing, implementing, and maintaining an accounting and reporting system that accurately reflects the financial position of the Bank and its mutual holding company. This role requires a thorough understanding of financial reporting, risk management, and banking regulations.

Responsibilities:

+ Oversees the consolidated financial reporting for the Bank and mutual holding company to various end users, both internal and external

+ Coordinating the preparation of financial budgets and projections as well as periodic analysis of variances to actual results

+ Assists the Chief Financial Officer with timely and accurate financial reporting to the Banks leadership committee and board of directors

+ Assists the Chief Financial Officer with all tax planning and research activities of the financial institution and provides tax advisory assistance to departments as needed

+ Reviews and coordinates the filing of all applicable federal and state income tax returns

+ Oversees the preparation of year-end audited financial statements as well as the financial narrative and schedules included in the Banks Annual Report

+ Evaluates and implements all new accounting standards, interpretations, and emerging guidance, and communicates their impact on the Bank

+ Ensuring the continued maintenance and development of internal control procedures to provide for the protection of Bank assets

+ Develops and maintains oversight of the Banks accounting policies and procedures, recommending to executive management and the board of directors as necessary

+ Assists the Chief Financial Officer and Chief Investment Officer in asset and liability management activities to ensure that interest rate and liquidity risk is appropriately measured, monitored, and managed

+ Serves on any of the Banks committees as requested by the Chief Financial Officer

+ Coordinates oversight of the Banks fixed asset records and related depreciation schedules

+ Participates with personnel throughout the Bank as necessary, to assist in the resolution of significant and/or complex accounting and financial management issues. Assists in the development, documentation, and implementation of bank-wide operational procedures as required

+ Oversees the supervision, training, and evaluation of financial accounting department staff

+ Responsible for all general ledger reconciliations

+ Assumes additional responsibilities as requested including, but not limited to the following:

+ Assists with special projects and assignments related to financial decisions;

+ Serves as an informational resource for federal and state examiners, and internal and external auditors;

+ Maintains an updated level of technical abilities in the field.

Compliance and Control:

+ Assists in ensuring the Banks compliance with local, state, and federal regulations

+ Ensures continued maintenance and development of internal control procedures

+ Cultivates and fosters personal and departmental engagement of the Banks risk management culture and overarching operating philosophy

General:

+ Interacts harmoniously and effectively with others, focusing upon the attainment of bank goals and objectives through a commitment to teamwork

+ Conforms to all acceptable standards as expressed in the Employee Handbook

+ Performs additional duties as requested

Knowledge/Skills/Experience Requirements:

+ Bachelors degree with an emphasis in finance, accounting, or a related field. Masters degree and additional professional designation (e.g., CPA or CFA) highly preferred

+ Minimum of ten years of accounting or audit experience with a demonstrated knowledge of accounting principles and corporate taxation

+ Analytically inclined with the ability to process and solve complex problems

+ Proficient in financial analysis, budgeting, and forecasting techniques

+ Demonstrated management and supervisory experience with strong people skills

+ Excellent communication and presentation skills, with the ability to collaborate and build relationships with stakeholders at all levels

Physical Demands/Conditions Requirements:

+ General office environment.

+ Moderate lifting (to 35 lbs.) required. Moderate reaching, walking, sitting, and standing required.

Equipment Used:

+ General office equipment.

External and internal applicants, as well as position incumbents who become disabled, must be able to perform the essential functions (as listed) either unaided or with the assistance of a reasonable accommodation to be determined by management on an individual basis.

At Bangor Savings, we understand the importance of continuing to nurture an internal culture of excellence for each of our employees. We offer internal and external training to assist our employees in realizing their career aspirations including internships, lateral training, management training, and tuition reimbursement.

We also offer a unique set of benefits designed to support our employees in living their best life and achieving their goals. Our holistic health and wellness programs allows each employee to customize their approach to well-being. And our pay, rewards, recognition, and incentive programs ensure that they are well-compensated for a job well-done.

At Bangor Savings Bank, the work our employees do each and every day allows us to deliver on our promise to make a difference in the lives of people in New England in a way that really matters.

Bangor Savings Bank provides equal employment opportunities to all applicants and employees without regard to race, color, religion, gender, sexual orientation, age, national origin or any other class protected under state or federal law and affirmatively seeks to advance the principals of equal employment opportunity. In addition, the Bank is committed to providing equal employment opportunities to qualified persons with disability, veterans, and/or disabled veterans. No question on this application is intended to secure information to be used for such discrimination, this application will be given every consideration, but its receipt does not imply that the applicant will be employed. This application will remain active for a period of 90 days. If, after such time, you still wish to be considered for employment, you must reapply. Bangor Savings Bank does provide workers compensation coverage for employees injured on the job. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.