Controller

OPEN UNTIL FILLED

• ACCOUNTING DEPARTMENT – Manages direct reports in the accounting department for all daily, monthly, quarterly, and annual activities; provide leadership, training, and supervision within the department. Duties of these accounting department individuals which this position manages, oversees, consults on or reviews include, but are not limited to:
• Preparation of Allowance for Credit Losses (CECL) analysis; accounts payable; employee expense reimbursement; holding company reporting; vendor compliance management; preparation of materials for Board meetings, Asset-Liability Committee, and Management Committee Meetings; balance sheet account reconciliations; daily cash management; recording of investment purchases, sales, and principal/interest payments; all FDIC & Federal Reserve regulatory filings; fixed assets; local school and municipality loan payments; deferred compensation plans, monitor and update all changes in interest and exchange rates, general ledger account set-up and management, track CEO discretionary expenses.
• FINANCIAL REPORTING - Assure that all financial reports are prepared in accordance with state, federal and regulatory laws and follow FASB and GAAP as well as industry banking standards. Research and implement any new required changes in GAAP.
• ANNUAL BUDGET – Assist the SVP/CFO in developing, preparing, and monitoring the annual budget for the bank. Collaborate with Department Heads to develop departmental expense budgets.
• FINANCIAL ANALYSIS - Collaborate with the CEO, SVP/CFO, and other members of the Leadership Team to provide recommendations on financial issues, including financial analysis, projections, and revenue and expense analysis.
• BOARD REPORTING – Prepare and/or review reports for the Board of Directors.
• REGULATORY REPORTING – Responsible for the timely and accurate filing of the quarterly Call Report and periodic Federal Reserve Board filings.
• CORRESPONDENT BANK ACCOUNTS - Manage all user access, signature cards, corporate resolutions, and annual agreement renewal compliance for all correspondent bank accounts, including the Federal Reserve, lines of credit and advance agreements.
• MORTGAGE SERVICING RIGHTS - Coordinate, review and analyze 3rd party valuations for mortgage servicing rights (MSRs) and ensure valuesare  properly reported in the general ledger in accordance with GAAP. Periodically analyze the rate at which MSRs are capitalized and recommend changes if warranted.
• FEDERAL TAXES - Calculate monthly estimated income tax expense, collaborate with tax accountants on quarterly estimated tax payments and facilitate those payments to the IRS, and prepare workpapers for the annual tax provision and tax return.
• EXPENSE MANAGEMENT – Monitor departmental spending in accordance with their budgets, investigate variances and keep SVP/CFO updated on results.
• INTERNAL AUDITS & EXAMS - Construct and monitor reliable internal control systems over financial reporting. Maintain relationships and provide required information to external auditors and regulators and investigate their findings and recommendations.
• DISASTER RECOVERY & BUSINESS CONTINUITY – Manage the disaster recovery and business continuity plans for all accounting department functions.
• DIVIDENDS – Prepares semi-annual Dividend recommendation analysis.
• SHAREHOLDER RELATIONS – serves as backup to Executive Assistant/Shareholder Relations on stock-related issues.
• PAYROLL – Serves as back-up to HR on bi-weekly payroll.
• PROJECTS – Serve and contribute to all bank process and product change projects as they relate to accounting and the general ledger.
• Comply with all laws, regulations, bank policies and procedures, including Citizens National Bank’s Bank Secrecy Act and Anti-Money Laundering Policy and procedures, and its Customer Identification Program.
• Maintain regular, consistent attendance, personal appearance, punctuality and adherence to applicable health and safety procedures.
• Establish and maintain efficient working relationships with supervisors, co-workers, and customers.

• An extremely well-organized and self-directed individual who can work in collaboration and partnership with a senior management team.
• Interpersonal skills must include a demonstrated ability to deal effectively with diverse internal staff, board members, customers, and professionals from the fields of accounting, legal, and banking regulators.
• Capacity to be proactive and solution-oriented with multiple and competing priorities in a rapidly changing environment

• Bachelor’s degree in Finance or Accounting required; MBA or CPA certification preferred.
• Bank Controller or Accounting Manager experience preferred.
• Over 5 years of senior financial management experience.
• Strategic financial and analytical skills.
• Advanced expertise in Microsoft Excel with ability to manipulate and manage large amounts of data.
• Working knowledge of accounting rules, including FASB and GAAP procedures. Banking industry accounting standards knowledge is preferred.
• High level of written and verbal communication skills.

 Benefits:

• 401K
• Dental, Health, & Vision
• Vacation/Sick Days/Holiday Pay
• Tuition Reimbursement

Please send your resume and cover letter to VP, Human Resources Trisha Dobias at [email protected] or mail to her attention, 303 N. Main St., Cheboygan, MI 49721.

CNB is an Equal Opportunity Employer.