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ONE AMERICAN BANK

Vice President of Finance/Controller

ONE AMERICAN BANK, Sioux Falls, South Dakota, United States, 57102


LOCATION: SIOUX FALLS, SD

Job Summary

The Vice President Finance/Controller will play a key role in the current and long-term financial strategy of our Bank. This position is responsible for leading the Bank’s financial reporting and accounting areas, overseeing all financial systems integrating core bank systems, loan, and servicing systems.

Duties/Responsibilities:

Responsible for regulatory financial reporting for the bank and holding company.

Assess and evaluate financial performance of the organization with regards to long-term operational goals, budgets, and forecasts. Provide insight and recommendations to both short-term and long-term growth plans of the organization.

Create and establish yearly financial objectives that align with the bank’s plan for growth and expansion.

Prepare and present monthly financial budgeting reports including monthly profit and loss and forecast versus budget.

Develop and maintain monthly operating budget and annual bank operating budget.

Oversees all transactions and aspects of operations related to general ledger, payables, and receivables.

Draft and implement policies and best practices to support the achievement of objectives and required standards.

Ensure compliance with federal, state, local, and organizational laws, regulations, guidelines, and best practices, including but not limited to generally accepted accounting principles (GAAP) and tax laws.

Prepare Call Report analysis and submissions.

Prepare ALLL (now CECL).

Manage fixed assets schedules.

Cash management and treasury functions – including cash flow projection and analysis.

Manage the Bank’s business and insurance policies.

Analyze and develop policies, procedures, and systems to ensure effective internal controls, optimum efficiencies, and improvement of processes.

Perform other duties as required.

Supervisory Responsibilities:

Manage the finance staff.

Interview, hire, and train new employees for the division.

Conduct performance evaluations that are timely and constructive.

Required Skills/Abilities:

Excellent verbal and written communication skills.

Thorough knowledge of financial and legal best practices and requirements with a proven ability to provide sound and ethical financial counsel to executive leadership.

Thorough understanding of and personal involvement with systems and methodologies of accounting and finance.

Strong analytical and problem-solving skills.

Excellent organizational skills and attention to detail.

Strong supervisory and leadership skills.

Proficient with Microsoft Office Suite or related software.

Education and Experience:

Bachelor’s degree in Accounting or Finance required.

Certified Public Accountant status highly desired.

At least ten years of experience in the financial function of a company required.

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