Description

This position reports to the Chief Financial Officer.

Basic Function

An experienced financial leader focused on delivering quality and timely information to business partners. A strategic thinker who looks for opportunities to streamline processes and add value through new paradigms. A high degree of business acumen, organization and accounting knowledge required. Excellent communication skills are essential. Supervise and manage staff to ensure continued professional development and efficiency.

Responsible for general accounting and finance functions including financial reporting and analysis, regulatory reporting, general ledger integrity and control, reconciliations, accounts payable and preparation of other reports, schedules and analysis as needed. Knowledge and understanding of asset liability management and reporting and investment management is required.

Essential Duties

1. Responsible for financial report preparation and analysis, including monthly close, variance analysis and Board of Director reporting package
2. Coordinate month end closing process, including income, liquidity and capital projections
3. Prepare and analyze other supporting schedules used for board reporting, regulatory and income tax reporting, and internal and external audit
4. Management of the accounts payable process including tracking and reporting of expenses, variance analysis, and identification of areas for improvement
5. Preparation of annual financial statements and coordination of the annual financial statement audit with external auditors
6. Continual review and implementation of process improvement across the department
7. General ledger and bank account reconciliations, including reporting and tracking of outstanding items
8. Responsible for ensuring a strong internal control environment and integrity of general ledger and communicating key controls to risk management for FDICIA
9. Preparation of supporting schedules and input or approval of general ledger entries
10. Use of report writer to assist in analyzing or developing new ways of delivering financial information and results
11. Primary point of contact for all correspondent bank relationships
12. Monitor and manage collateral on customer deposits
13. Monitor and manage all wholesale bank funding
14. Monitor and manage investment activity and portfolio
15. Monitor and manage Asset/Liability function and reporting; contributing ALCO member
16. Coordinate daily cash position reporting and execute operational movements as needed
17. Manage and coordinate the Company’s tax provision and accounting for income taxes
18. Lead in the completion of the annual budget. Primary responsibility for entering budget into financial planning system
19. Assist in debt and capital planning
20. Assist and/or lead systems conversion projects as needed
21. Prepare or review regulatory reports including quarterly Call Report and Holding Company Y-9s
22. Professional development of staff
23. Lead financial presentations as needed

Nonessential Duties

• Other duties as assigned

Qualifications

Knowledge, Skills & Abilities

• Strong analytical and problem-solving skills
• Strategic thinker with strong business acumen
• Extremely organized with highest level of attention to detail
• Working knowledge of Generally Accepted Accounting Standards (GAAP)
• Well-developed interpersonal and communication skills
• Strong process improvement and efficiency skills; demonstrated use of technology to achieve these improvements
• Focused on always doing the right thing at the highest ethical level
• Demonstrated ability to work in a growing organization with desire to evolve and flexible to change

Training & Experience

• Bachelor’s degree in Accounting or Finance or equivalent experience, MBA preferred
• Certified Public Accountant preferred
• 7 10 years Accounting/Finance experience
• 3 - 5 years recent bank experience in an accounting or finance department
• Public accounting experience desired
• Microsoft proficiency, especially Excel, Word, Power Point and Access
• Strong computer application skills with Fiserv experience desired
• Plansmith experience desired
• FDICIA experience desired

First Bank Chicago is an Equal Opportunity Employer: disability/veteran

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