Assistant Controller

Assistant Controller Davenport, IA Job Details Full-time $70,000 - $100,000 a year 6 days ago Qualifications Accounting systems Computer operation Financial close processing Microsoft Excel Financial data reconciliation Accounts payable 5 years Financial reporting Bachelor's degree in finance Finance Analysis skills Bachelor's degree Bank experience Accounting and finance experience Data validation Bachelor's degree in accounting Senior level Financial audit support Accounting Communication skills Payroll processing Fixed asset management Financial compliance Full Job Description The Assistant Controller plays a key role in supporting the organization's financial operations by participating in the month- end close process, preparing and reviewing reconciliations and journal entries, and ensuring accurate financial reporting. This position also involves managing fixed assets and prepaids, calculating bonuses, and assisting with both internal and external audits. The Assistant Controller collaborates with various departments and stakeholders to maintain efficient and compliant financial practices.

Essential Functions and Responsibilities:

Responsible for the completion of the net fixed asset reconciliation, ensuring adherence to Bank policy and IRS guidelines related to the useful life of fixed assets. Participates in the daily, weekly, monthly reconciliation and secondary review process of general ledgers, internal and external bank accounts. Responsible for the preparation of the Holding Company financial statements. Serve as a backup to Controller in the preparation of quarterly Call Report. Responsible for the review of all accounts payable items ensuring the expenses are allocated to the correct general ledgers. Preparation and submission of FHLB Borrowing Base Certificate. Preparation of materials for ALCO, including submission and validation of data to third party asset management firm. Preparation of sources and uses reports monthly, including back testing. Manage public funds pledging process, ensuring sufficient collateral or letters of credit support balances. Participates in the completion of payroll processing. Actively provide feedback and share knowledge with other members of the accounting team. Prepares and files FR Y-6 for Holding Company. Assists with the gathering of information for audits and examinations by Regulators and Auditors as needed. Participates in the completion and maintenance of procedures for key accounting tasks. Assist with special projects as assigned by CFO.

Knowledge/Skills/Abilities:

Ability to maintain a high level of confidentiality regarding all Bank financials and employment information. Proven accuracy with numbers. Excellent attention to detail. Ability to adjust to high volume periods. Ability to function effectively both independently and within a team environment. Excellent verbal and written communication skills. General knowledge of payroll laws and regulations.

Education/Experience/Licenses/Certifications:

Bachelor's degree in accounting or finance required. 5+ years of Banking experience required. Proficiency in accounting software and advanced Excel skills. Strong analytical and problem-solving skills with high attention to detail. Excellent communication and interpersonal skills to interact with vendors, colleagues, and management. Ability to manage multiple priorities and meet deadlines in a fast-paced environment.

Physical Requirements:

The physical demands described are representative of those that must be met to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Work is performed mainly in an office setting. Hand-eye coordination is necessary to operate computers and various pieces of office equipment.

Standing:

Rarely (0-39%)

Sitting:

Frequently (70-100%)

Bending:

Rarely (0-39%)

Reaching:

Rarely (0-39%)

Lifting:

Occasionally (40-69%) 20 lbs.