The position of Controller is responsible for managing the recordkeeping and accounting activities of the financial institution. Makes recommendations relating to budget preparation, profit forecasts and operational changes as needed. The position is also responsible for ensuring all activities run smoothly and efficiently in the accounting department by providing leadership, training and supervision to personnel and ensuring compliance with the financial institution's policies and procedures as well as all applicable state and federal banking regulations. This position is responsible for attaining established bank goals through active participation with executive management, appropriate federal and state regulatory bodies and external partners and associates.
Ensures that the financial institution's accounting procedures are in compliance with generally accepted accounting principles
manages the Internal Audit function of the bank, coordinating audit tracking (grids) and related follow-up issues
Oversees the banks policies and coordinates responsibilities and annual reviews or updates as necessary
Oversees the day-to-day accounting activities, including month and year-end process, accounts payable, and reconciliations, quarterly regulatory reporting
Assist CFO in development and ongoing maintenance/reporting of dashboards and/or scorecards
Oversees our internal controls, processes, procedures, and accounting for fixed assets
Manages financial institution's investment accounting activities insuring proper classification/risk weighting of investments for risk based capital/regulatory reporting and pledging
Responsible for Asset Liability Model system (Plansmith), maintaining current assumptions and parameters for accurate reporting
Assist with the planning and forecasting of the annual budget and periodic forecast processes
Works with Custodial CD function in understanding program and related accounting needs. Assist in developing program including developing and maintaining broker relationships, coordinating and reviewing system changes as necessary, and reviewing and submitting year-end 1098 IRS filing requirements
Monitors the financial institution's liquidity and cash needs
Serves as Secretary of the Business Continuity Team and ALCO
Member of IT Steering Committee providing input as it pertains to the company's investment in technology
Oversee the banks vendor management program and reporting
Prepare ALLL analysis
Manages OREO properties and ultimate settlement
About Sauk Valley Bank & Trust Co.
Sauk Valley Bank is a premier provider of financial services.