Controller

True Sky Credit Union

Structured Compensation - Job Description

Controller

Data Year: 2022
Prepared On: 10/18/2022

Department:

Accounting

Grade:

15

Reports To:

Chief Financial Officer

Classification:

Exempt

Supervises Direct:

5

Supervises Indirect:

0

Approved By:

President

Effective Date:

08/28/2019

Revised Date:

10/18/2022

Role:

Organize and direct all financial and regulatory reporting and ensure compliance with Generally Accepted Accounting Principles (GAAP). Responsible for control and maintenance of the general ledger account structure and preparation of the financial statements.

Essential Functions & Responsibilities:

E

35%

Organize and direct the accounting functions in order to ensure completion of all duties/responsibilities of the Accounting Department. Responsible for the control and maintenance of the general ledger account structure and preparation of the monthly financial statements and Allowance for Loan and Lease Losses.

E

25%

Prepare monthly financial reports for the Board of Directors packet and various other reports. Assist in the preparation of the annual operating budget and any subsequent budget comparison reporting.

E

15%

Assist with the ongoing maintenance and reporting of the branch/product profitability system.

E

10%

Review all regulatory reporting including the quarterly NCUA 5300 CALL Report and weekly Federal and State Backup Withholding reports. Review all general ledger entries and calculations for compliance and accuracy. File required tax returns.

E

5%

Trains, directs and evaluates employee performance for assigned staff within the department.

Performance Measurements:

1.

To ensure that the department's functions and responsibilities are completed by deadlines and are compliant.

2.

To ensure that the credit union's records and general ledger accounts are always in balance and current.

3.

Keep management informed regarding key operation issues affecting the department.

4.

To provide assistance to the CFO in specific job related functions as defined as well as other assignments.

5.

Supervise and coach department staff. Provide training, and annual evaluation's of employees performance.

6.

To stay current and comply with all federal and state regulations including Bank Secrecy Act (BSA), Office of Foreign Assets Control (OFAC) and all credit union policies and procedures.

Knowledge and Skills:

Experience

Eight to ten years of similar or related experience.

Education

Equivalent to a college degree and a professional certificate or a graduate degree. CPA preferred.

Interpersonal Skills

Work involves extensive personal contact with others and is of a personal or sensitive nature. Motivating, influencing, and/or training others is key at this level. Outside contacts become important and fostering sound relationships with other entities (companies and/or individuals) becomes necessary and often requires the ability to influence and/or sell ideas or services to others.

Other Skills

Knowledge of Generally Accepted Accounting Principles. Certified Public Accountant ("CPA") preferred. Strong analytical skills and experience analyzing financial data, ratios, trends and variances. Ability to handle multiple departmental problems, work and think independently, and prioritize various assignments and projects under time constraints. Strong leadership and supervisory skills. Budget experience preferred.

Physical Requirements

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is occasionally required to stand; walk; sit; use hands to finger, handle, or feel objects, tools or controls; reach with hands and arms; climb stairs; balance; stoop, kneel, crouch, talk and hear. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by the job include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.

Work Environment

Work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is not exposed to weather conditions.
The noise level in the work environment is usually moderate.

This Job Description is not a complete statement of all duties and responsibilities comprising the position.