Assistant Controller
Summary
Title:Assistant Controller
ID:2024215105
Department:Accounting
Location:Administrative HQ - Leawood
Description

First Federal Bank of Kansas City is one of the largest mutually owned banks in the Midwest and has been a strong banking and lending partner to families in Kansas and Missouri for decades. We are a community-oriented, culture-focused, progress-driven Family on a mission to help people build a better financial future.

At First Federal, you’ll be supported by diverse, talented, energetic individuals moving toward a common vision of prosperity and a home for all. You’ll have boundless opportunities for growth – whether it’s personal or professional development to reach your career goals, company events to strengthen your connections, or volunteer work to champion our community partners.

Your success is our success. When our employees feel valued, our customers feel valued, and our community grows.

Hear what our team members have to say: https://www.youtube.com/watch?v=GNPKmutbydo

JOB SUMMARY
This position is responsible for the daily operations of the Accounting Department, including delegation of daily tasks, supervising completion of those tasks, and reviewing the work of the Accounting Department staff. The position also provides technical and other assistance to the Controller and Chief Financial Officer.  This position will also operate within a flexible hybrid working model.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following:

  • Responsible for the promotion and delivery of quality internal and external customer service.
  • Takes the lead in operationally completing the month-end close process and provides results to the Controller for review and completion of month-end close.
  • Takes the lead in completing and preparing for the review by the Controller month-end internal management reporting as requested by management and assigned. 
  • Serves as a backup to the Controller with the preparation of schedules and responding to inquiries and requests in audits (including the financial statement audit) and regulatory reviews.
  • Oversees the daily operations of the Accounting Department, including managing the bank's senior analyst and staff accounting personnel. Review (or delegate review) of daily entries and put in place procedures to ensure all daily tasks are completed.
  • Oversees the Bank’s lending functions assigned to the Accounting Department.  This includes the day-to-day management of the Bank’s Upstart relationship.  It also includes making sure that procedures are in place to completely and accurately capture loan-related transactions in purchased portfolio loans, and making entries to allocate portions of the loan transaction to the correct place in the Bank’s financial statements.
  • Takes the lead in performing, or delegate and subsequently review, the monthly valuation of the Bank’s mortgage loans held for sale.  Assists the Controller with preparing or reviewing other monthly, quarterly, and annual analysis and valuation of bank assets including mortgage servicing and allowances.
  • Develops Accounting staff to help them grow their skills and experience in order to excel at their current jobs and set them up to contribute in other areas of the Bank.
  • Works with the CFO, Controller, and Credit Analyst to generate the Bank’s annual budget and periodic roll-forward projections.
  • Monitors and analytically evaluate the balance sheet, cash position, and operations of the Bank.
  • Performs independent projects and analysis for the management of the Bank as needed.
  • Prepares annual property tax assessments for bank properties and monitor the property value process.
  • Prepares required financial statements for the bank’s two subsidiaries, as necessary, as well as the Bank’s pension plans.
  • Assists with overseeing, reviewing, and reporting on the Bank’s investments and borrowings.
  • Serves as an expert of the general ledger systems, assisting others in the Bank to be able to use it effectively and efficiently.
  • Serves as the Bank’s expert in reconciliations performed through the Bank’s reconciliation software, Frontier.
  • Coaches others to identify, research, and correct out of balance situations, stepping in to assist with complicated outages. Also coaches other team members on account and report maintenance.
  • Assists in implementing (including procedures and training) new accounting systems as necessary.
  • Complies with all applicable banking laws and regulations, including, but not limited to, the Bank Secrecy Act, USA PATRIOT Act, and related anti-money laundering statutes; and federal consumer protection legislation and regulations. Also researches & complies with all applicable Accounting rules and guidance, including US GAAP.

SUPERVISORY RESPONSIBILITIES
Assists in the supervision of the employees in the Accounting Department.  Ensures the department’s compliance with all banking laws, bank policies, and federal regulations.   Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.

QUALIFICATIONS 
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION and/or EXPERIENCE
Bachelor's degree (B. S.) in Accounting or Finance from four-year college or university; three to five years of related experience and/or training in a financial institution; or equivalent combination of education and experience.  CPA, Public Accounting Experience, and Financial Services Experience Preferred.

LANGUAGE SKILLS
Ability to read, analyze, and interpret general business periodicals, professional journals, or governmental regulations.  Ability to write reports, business correspondence, and procedure manuals.  Ability to effectively present information and respond to questions from groups of managers, clients, and employees of the association.

MATHEMATICAL SKILLS
Ability to work with mathematical concepts such as probability and statistical inference..  Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.

REASONING ABILITY
Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.

OTHER SKILLS AND ABILITIES
Working knowledge of Microsoft Word and advanced uses of Microsoft Excel.  Working knowledge of various data querying/reporting tools.

OTHER QUALIFICATIONS
One to two years supervisory experience preferred.

If you’d like to join the Family, click the ‘Apply now’ button to start your journey toward a new, rewarding career in banking!

Note: The purpose of this document is to provide a general summary of essential responsibilities and requirements for the position and is not meant as an exhaustive list.

First Federal actively seeks to recruit and hire protected veterans.

First Federal Bank is committed to providing equal employment opportunities to all people without regard to race, color, religion, national origin, ancestry, marital status, veteran status, age, disability, pregnancy, genetic information, citizenship status, sex, sexual orientation, gender identity, or any other legally protected category.

This opening is closed and is no longer accepting applications
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