ASSISTANT CONTROLLER - MIRAMAR OR KEY WEST, FLORIDA - First State Bank of the Florida Keys

First State Bank of the Florida Keys is a customer-focused bank with a long history of serving, reaching out, and connecting with the community. Founded in 1955 with a single branch in Key West, the Bank has grown and changed, as has the surrounding community, but our core values remain the same. First State Bank of the Florida Keys recognizes that what sets us apart are our people.

Position Summary:

The VP/Controller provides leadership and coordination to the accounting function, ensuring that policies, procedures, and practices conform to generally accepted accounting principles and are appropriately enforced throughout the organization; protects assets by establishing, monitoring, and enforcing internal controls; assists in the achievement of budget objectives by participating in annual budget preparation and subsequently analyzing expenditures versus budget and alerting senior management of opportunities and/or problem areas; coordinates requests from examiners and auditors, ensuring that these are answered accurately and in a timely manner; maintains a superior level of performance by coaching, counseling, and appraising objectives and accomplishments.

Position Responsibilities:

• Reviews monthly accounting close process, including analytical review of the monthly operating results to ensure accurate accounting records are maintained and appropriate items are brought forward to senior management
• Oversees the monthly preparation of financial statements and related footnotes for the Bank, its holding company, and subsidiaries
• Reviews the monthly reconciliation process, ensuring that balances are appropriately stated and that items are cleared off in a timely manner and according to policy
• Updates the Accounting Policy at least annually and revises as necessary and presents to appropriate committees for final approval
• Ensures that appropriate systems are maintained to handle payables; communicates policies and procedures regarding expenditures throughout the organization and ensures that payments are made only with appropriate authorization
• Ensures that appropriate systems are maintained to properly record and dispose of bank assets and that these methods agree with generally accepted accounting principles
• Reviews the annual tangible tax returns to ensure that additions and deletions are accurately reflected
• Reviews proposed property taxes to ensure that assessments are reasonable; elevates any concerns to senior management within prescribed time frames
• Ensures that appropriate systems are maintained to accurately record investments in bonds, securities, and overnight funds and that all entries are properly approved
• Coordinates the development and completion of schedules for internal and external audits as well as state and federal exams; serves as the main point of contact on accounting matters
• Reviews quarterly regulatory reports for the Bank and its holding company for accuracy and completeness and stays abreast of regulatory changes impacting these reports (e.g., CALL Report)
• Establishes and maintains an organizational structure and staffing to effectively accomplish the department's goals and objectives
• Coordinates the preparation of the annual tax return with the external CPA firm
• Maintains professional and technical knowledge by staying current on changes in Accounting rules; establishing personal networks; and attending appropriate workshops or seminars (on an as needed basis)
• Ensures that bank information and plans are kept confidential
• Assists the CFO in the preparation of the annual budget and tracks results against same
• Responsibilities also include other duties as assigned by the supervisor/manager

Employees also have a responsibility to understand the Bank's BSA/AML Program, the procedures outlined in it, and to follow the Program and procedures in carrying out their duties. Any employee that fails to adhere to the BSA/AML Program or commits other violations of the Code of Conduct may be subject to disciplinary action up to and including termination.

Competencies:

• Knowledge of generally accepted accounting principles
• Knowledge of budgeting and cost control principles
• Knowledge of federal and state regulations affecting the operation of the Bank
• Ability to analyze financial data and prepare financial reports, statements, and projections within prescribed deadlines and communicate results at all levels
• Excellent oral and written communication skills
• Proven leadership and supervisory ability; ability to motivate team members
• Ability to multi-task
• Understands the ethical standards of a CPA; ability to handle confidential data

Supervisory Responsibility:

• This position has supervisory responsibilities.

Required Education & Experience:

• Bachelor's degree in Accounting; MBA and/or CPA a plus
• 5 years' experience in accounting related field
• 4 years' experience managing an accounting staff as controller or senior accounting manager
• Basic understanding of banking preferred with exposure to regulatory reporting requirements

Preferred Education & Experience:

• Master's degree in Accounting; MBA and/or CPA a plus
• 7 years' experience in accounting related field
• 6 years' experience managing an accounting staff as controller or senior accounting manager
• Basic understanding of banking preferred with exposure to regulatory reporting requirements

Essential Job Functions:

Essential job functions include the employee occupying this position frequently will be required to perform problem resolution, and communicate with both internal and external customers. The employee must be able to remain in a stationary position 50 percent of the time; frequently operate a telephone, computer, printer, copier and fax machine; and occasionally move about inside the office to access file cabinets, office machinery, etc.

First State Bank of the Florida Keys reserves the right to modify, interpret or apply this job description in any way the company desires. The job description in no way implies that these are the only duties, including essential duties, to be performed by the employee occupying this position. This job description is not an employee contract, implied or otherwise. The employment relationship remains "At Will". The aforementioned job requirements are subject to change to reasonably accommodate qualified disabled individuals.