Corporate Controller

Corporate Controller

Accounting Department

Position Summary

The Corporate Controller directs the establishment and maintenance of the organization's accounting principles, practices, controls and procedures for the maintenance of its fiscal records, the preparation and audit of financial reports related to all consolidated entities and the preparation of regulatory reports. Directs payroll, pension accounting, accounting and reporting of participation loans, accounts payable functions. Directs CECL loan loss reserve accounting and forecasting. The Corporate Controller will also be responsible for assisting the VP with the development of internal control policies, procedures, and financial planning as needed.

Essential Duties and Responsibilities

• General accounting operation - Manage all aspects of accounting; billing, financial statements, general ledger, cost accounting, payroll, accounts payable, accounts receivable, ATM balancing, budgeting, tax compliance, inventory accounting, cost accounting, revenue recognition, and various special analyses.
• Responsible for organized and accurate monthly closing of accounting records of all consolidated entities.
• Responsible for all accrual entries including loan loss allowances and pension liability.
• Reviews the status of cash and all other balance sheet reconciliations periodically as assigned and direct research/corrections necessary. Coordinates preparation of annual corporate tax returns.
• Financial accounting and reporting - Directs the development and monthly review of financial records utilized for input into financial statements, to assure accurate and timely financial information is provided to management and the Board of Directors.
• Responsible for financial statement preparation and related audits of retirement benefit plans.. Prepares and/or oversees the production of various monthly, quarterly and annual reports including Quarterly Call Reports. Responsible for preparations and responses to questions related to the annual independent audit.
• Collaborates with auditors/examiners on various comprehensive audits and strives for clean audit results.
• Responsible for promoting a strong internal control structure within the company. Responsible for formulating and promoting strong accounting policies and conformity with GAAP.
• Promotes all aspects of Accounting department and other department projects and allocates financial and talent resources appropriately.
• Reviews operational procedures to obtain optimum efficiency and reduced costs.
• Manages and trains direct reports to maximize productivity, efficiency, and the potential of the human assets of the department, including: hiring, directing job assignments, monitoring staff performance, coaching, counseling, training, assuring compliance with regulatory requirements, and organizational mission, values, policies, and work rules. Appraises performance and provides recommendations for staff compensation, promotion, and termination, as appropriate.
• Responsible for accurate allowance for loan loss calculations and forecasts. Reviews reports and analysis provided to the Loss Mitigation Committee. Responsible for allowance projection for the annual budget.
• Responsible for accurate and timely payroll preparation. Prepares salaries, payroll taxes, insurance costs to incorporate into the annual budget and provides general support the company budgeting process. Prepares and manages the Accounting Department budget.

Must comply with all company policies and procedures, applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.

Please note: this is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties responsibilities and activities may change at any time with or without notice.

Minimum Qualifications

• Minimum of 7 years of accounting and financial management experience, with at least 3 years in a managerial role, preferably in the banking or credit union sector.
• Proven ability to manage a team in a fast-paced environment and lead process improvement initiatives.
• A bachelor's degree in accounting, Finance, Economics with relevant prior work experience. A CPA or MBA is strongly preferred.
• Advanced knowledge with accounting software and Microsoft Excel required.
• Knowledge of GAAP, applicable State and Federal regulations, with primary emphasis on accounting for loan losses.
• Knowledge of tax regulations and related activities.

Do you want to be valued as an employee?

Employees are Meriwest's most valuable resource. We provide competitive wages and a supportive environment that promotes career advancement. Meriwest utilizes a grading system to determine salary ranges for all positions. Each grade is assigned a salary range which consists of a minimum, midpoint, and maximum rate. The Corporate Controller position is a Grade 16.

• Salary Range: $175,349.25 to $244,236.45
• Target Range: $175,349.25 to $219,186.56
• The target range for entry in a new position is between the minimum and midpoint of the range, depending on experience and qualifications.

We also offer an excellent, fully comprehensive benefits program, including:

• Medical/Dental/Vision on the first day of employment for full-time employees
• Free Long Term Care Insurance for employees
• Tuition Reimbursement/Student Loan Repayment Plan
• Pension Plan/401K
• Bonus and incentive potential
• Generous Paid Time Off (PTO)/Holiday program
• Career growth support and planning programs
• In-house fitness center
• Discounts on new Mortgage after 6 months of employment

Meriwest is an equal opportunity employer that is committed to inclusion and diversity. All qualified applicants will receive consideration for employment. We do not discriminate based upon race, religion, color, national origin, sex (including pregnancy, childbirth, reproductive health decisions, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, genetic information, political views or activity, or other applicable legally protected characteristics.