Controller

Company: Oregon Pacific Bank
Location: Eugene
Posted on: May 26, 2023

Job Description:

Oregon Pacific Bank is looking for a Controller. This position is responsible for the overall coordination and management of accounting procedures and policies to assure the bank's financial accounts are accurate, and appropriate controls are implemented. Supervises all unit accounting personnel. This is an in-person position located in our Eugene market.If this sounds intriguing, we invite you to visit www.OPBC.com and discover why OPB has been named one of the 100 Best Companies to work for in Oregon for several years running. We attribute that success by consistently scoring high marks for workplace satisfaction, leadership, work environment, career development, and generous benefits programs-such as comprehensive medical, dental, and vision plans, long term disability, and life insurance plans for employees and dependents with very little or no cost to employees. Other benefits include 401K, Flexible Spending Accounts, fitness club membership, and of course, well-considered paid vacation and sick leave.CONTROLLER-JOB SPECIFICATIONS:Education: Bachelor's degree in accounting, finance or business administration or equivalent experience. CPA certification preferred.Experience: Minimum 5 years of accounting experience, banking experience preferred CONTROLLER-ESSENTIAL FUNCTIONSFinancial and Regulatory Reporting

• Serve as the primary point of contact for the independent financial statement audit.
• Prepare Annual Report financial statements and footnotes.
• Coordinate with department heads to prepare the annual budget, including identification of budget assumptions.
• Coordinate asset/liability modeling through outside vendor ALX Consulting.
• Prepare annual review of ALM model assumptions on beta factors and decay rates and recommend changes.
• Prepare semi-annual liquidity stress testing.
• Review Staff Accountant prepared monthly financial board financial reports
• Review Staff Accountant prepared quarterly Call report and FR-Y reporting
• Participating member of ALCO.
• Oversee quarterly Regulation F compliance.
• Oversee the Accounts Payable process including weekly invoice processing by staff accountant.
• Oversee completion of GL account certifications
• Oversee the Fixed Assets process including review monthly depreciation entries and reconciliation to general ledger.Taxes
  • Coordinate preparation of the annual income tax provision with third party accountants.
  • Review monthly tax provision calculation
  • Review quarterly estimated tax payments
  • Oversee the coordination of the annual real and personal property taxesInvestment Management
    • Provide oversight for the Bank's $200 million investment portfolio, in conjunction with the CFO, including evaluations of purchase or sale strategies utilizing the total return concept.
    • Review and approve the monthly bond accounting entries prepared by Staff Accountant
    • Maintain investment pledging sufficient for all required collateral programs, including public funds, Oregon Division of Finance and borrowing lines. CONTROLLER-WORK CONTEXT
      • Ability to concentrate and focus on essential functions in appropriate priority order is required.
      • Requires being punctual, dependable, detail oriented and responsible for work outcomes and results.
      • Requires sitting for long periods and traveling to other departments and locations, as needed.
      • Requires contact with others by telephone conversations, use of electronic mail, and face-to-face discussions.
      • Requires completion of assigned on-line training courses with a passing percentage.
      • Professional environment requiring appropriate professional demeanor and attire.
      • Work is performed indoors in environmentally controlled conditions.SKILLS
        • Extensive knowledge of banking regulations and compliance issues
        • Extensive knowledge of accounting concepts, policies and procedures as they apply to the Bank
        • Ability to stay current with new FASB and regulatory rules and regulations
        • Ability to multi-task, problem-solve with creative thinking skills required
        • Ability to manage project time lines effectively
        • Ability to train and mentor department personnel, including Staff Accountant direct report.
        • Ability to maintain confidentiality
        • Proficiency in Word, Excel, and Outlook
        • Effective verbal communication and ability to compose professional correspondence and documents
        • Ability to maintain a confidential and professional demeanor at all times
        • Competency in face-to-face contact, providing exemplary service
        • Competency in communication with co-workers with tact and diplomacy
        • Ability to tolerate high levels of stress
        • Ability to interpret bank policies and procedures
        • Ability to organize and prioritize
        • Ability to lift up to 30 pounds if necessary
        • Ability to work hours required to fulfill job expectationsCORE BEHAVIORS for DELIVERING ON THE PROMISE
          • Be Genuine-Conduct yourself in a consistent, honest, and compassionate manner
          • Work Ethic- Be willing to go the extra mile for the client, whether internal or external
          • Influence-Be an active player in participating, building, and contributing to service
          • Continuous Learning-Commit to gaining knowledge, skills, and experience on an ongoing basis to better serve the client, increase personal satisfaction, and improve the Bank
          • Team Play-We win together. Individuality is encouraged to advance and enrich the work of the team
          • Problem Solving-Being creative, problem-solving mentality to every situation. See alternative, take initiative, and assume responsibility for your actions
          • Communication-Keep others informed and up to date. Actively listen and learn from each other
          • Have a Sense of Community-We passionately believe that we're only as strong as the communities we serve, and your involvement is an important part of who we areOregon Pacific Bank is an Equal Opportunity Employer and does not discriminate on the basis of race, color, sex, sexual orientation, gender identity, age, religion, national origin, physical or mental disability, or veteran's status. PI217136135

Keywords: Oregon Pacific Bank, Eugene , Controller, Other , Eugene, Oregon