What are the responsibilities and job description for the Financial Controller position at Wilson & Muir Bank & Trust Co.?
Company Description
Wilson & Muir Bank & Trust Company is committed to providing professional and reliable banking services with a foundation of integrity. With a rich history and generations of experience, WMB focuses on guiding clients toward achieving their financial goals. The bank operates with a philosophy of conservative business practices and offers sound financial products and services. Prioritizing exceptional customer service and strong client relationships, Wilson & Muir Bank continues to emphasize community-focused values and principles.
Role Description
This is a full-time on-site role for a Financial Controller located in Bardstown, KY. The Controller will oversee the preparation and analysis of financial statements, handle financial reporting, and manage accounting operations for the bank. Daily responsibilities include ensuring compliance with regulations, monitoring budgets, preparing detailed financial forecasts, analyzing financial data, and collaborating with leadership on financial decision-making.
Key Responsibilities
- Financial Reporting: Prepare, analyze, and present accurate financial statements in accordance with Generally Accepted Accounting Principles (GAAP) and regulatory requirements.
- Regulatory Compliance: Ensure compliance with all federal, state, and local banking regulations, including FDIC, OCC, and other governing bodies.
- Internal Controls: Develop, implement, and monitor robust internal controls to safeguard assets and ensure the accuracy of financial data.
- Audit Coordination: Lead the preparation for internal and external audits; coordinate with auditors to facilitate smooth audit processes.
- Budgeting and Forecasting: Collaborate with management to develop annual budgets and financial forecasts; monitor actual performance against budget.
- Team Leadership: Supervise and mentor accounting staff; oversee daily operations of the accounting department.
- Account Reconciliation: Oversee monthly, quarterly, and annual account reconciliations to ensure accuracy and completeness.
- Policy Development: Establish and review accounting policies and procedures to ensure best practices and regulatory compliance.
- Strategic Support: Provide financial insights and recommendations to support the bank’s strategic initiatives and growth.
Qualifications & Skills
- Proven Analytical Skills and proficiency in Finance
- Proficiency in budget preparation, forecasting, and financial analysis tools
- Excellent organizational, problem-solving, and communication skills
- Bachelor’s degree in Accounting, Finance, or a related field; CPA certification is a plus
- 5 years of relevant work experience in banking, finance, or accounting roles
- Deep understanding of bank accounting practices, regulatory compliance, and financial reporting
- Ability to work effectively under pressure and meet deadlines
- Demonstrated ability to work collaboratively in a team environment