Controller

What You'll Be Doing

The Controller works closely with the CFO and is responsible for the accounting operations of Bank Iowa Corporation, Bank Iowa, and related entities. This includes ensuring the accurate production of periodic financial reports, maintaining both an adequate system of accounting records and a set of FDICIA controls designed to mitigate risk, and ensuring financial reports comply with state and federal banking regulations as well as generally accepted accounting principles (GAAP). This position is responsible for managing the Bank's general ledger, records, and reports on a daily, monthly and annual basis. Supervisory responsibility includes supervision and development of accounting staff.

• Oversees all aspects of Bank Iowa Corporation (a bank holding company) and Bank Iowa's accounting function, including general ledger composition, accounts payable, fixed assets, prepaids and accruals.
• Responsible for administrative maintenance and structure of the core (Finastra's Phoenix) general ledger as well as interfaces with other platforms and systems.
• Responsible for preparation of key reporting and analytical requirements of bank's derivative activities, CECL aspects of loan and investment portfolio, and non-CUSIP investments.
• Prepares, ensures accuracy of, and delivers the Call Report, FRY-9SP, Summary of Deposits and other regulatory reports as assigned.
• Leads the preparation of information for internal and external auditors, including the preparation of the fiscal year-end consolidated financial statements, associated footnotes, and performing/monitoring internal controls and process.
• Coordinates preparation and delivery of information for tax reporting requirements and filings for both BIC and Bank Iowa.
• Assists in the preparation of the annual budget under the lead of the finance department including distribution/capital planning and execution.

Requirements

Skills/Experience You'll Need

• Bachelor's degree in accounting, CPA Certification, and/or bank audit experience preferred.
• 10+ years' experience in an accounting position, experience in a financial institution is highly preferred.
• Ideal candidates will have knowledge of accounting rules, regulations, policies and procedures in the financial services industry, strong analytical and problem-solving skills as well as the ability to exercise sound judgement and make decisions based on accurate and timely analyses; have excellent verbal, written, and interpersonal communication skills and be proficient with Microsoft Office applications.

What you'll love about us

Our team members love working here, and the prevailing reason is this: our people. In addition to the great team you will be a part of, here are some of the other reasons why our team members love working here:

• A competitive financial package we want you to bring your best so in addition to your compensation, every team member receives a bonus opportunity, a generous 401k match, and discretionary profit sharing.
• Robust benefits and wellness - we are proud to offer health, dental and vision insurance as well as a wellness program designed to help drive down your premiums for benefits-eligible team members. Our wellness initiatives promote positive change and allow our team members to think big.
• Blending work and life - As a people-centered organization, each team member is provided a generous PTO bank. Bank Iowa team members receive 11 paid observed holidays, 100% paid parental leave, an opportunity for sabbatical leave, generous bereavement, and an employee assistance program designed to support team members throughout various stages in their lives.
• Continued learning opportunities - Bank Iowa enables great things and supports team member development at every stage of your career. Our development approach focuses on your innate talents and developing those into areas of strengths. Learning experiences are available in formal & informal training settings, as well as, on-the-job training. Development programs are available in-person and online. Our tuition reimbursement program is available to support formal education programs.
• Community Involvement - Our team members are active members of their communities and people-centered. Bank Iowa aspires to be a center of influence in each of the 22 communities we are located in. In addition to company-sponsored volunteer opportunities, we offer paid volunteer time off (VTO), which allows team members to give their time to organizations they care about, without having to use PTO.
• Recognition - Bank Iowa is proud of our team members who "Live our Values". Our peer nominated recognition program presented annually, recognizes and celebrates team members who exemplified our values from the past year.

Our People-Centered Culture

At Bank Iowa our purpose is to Empower People, Inspire Success and Foster Growth. Bank Iowa is one of the leading independent Ag banks and the second-largest family-owned bank in the state of Iowa. Our bank family consists of team members and clients throughout Iowa who we serve in our 22 communities.

At Bank Iowa, we're proud to put people first, and we value our team members as much as our clients. We support team member development by focusing on their innate talents and developing those into areas of strength. We offer an environment where people care about each other like family. If you're looking for a career with colleagues who have the opportunity to bring their best, think big, and enable great things, Bank Iowa is the place for you.

Bank Iowa is an equal opportunity employer with a passion for creating an inclusive environment where all people are truly welcomed, valued and respected - for all of who they are - regardless of differences. All applicants will be considered for employment without regard to age, race, color, sex, pregnancy, sexual orientation, gender identity, military service, national origin, religion, physical or mental disability, genetic information, or any other classifications protected by applicable federal, state or local laws.