What are the responsibilities and job description for the Controller position at Mutual Savings Association?
Job Description
Department: Accounting
Reports to: CEO/President
Supervises: Assistant Controller, Accounting Clerk
Summary: Establishes, coordinates and maintains an accounting system that properly reflects the financial position of the financial institution, and provides financial consolidation of branches or subsidiaries.
Job Requirements:- College graduate; MBA preferred.
- Excellent supervisory, communication and organizational skills.
- Excellent knowledge of financial institution policies and procedures.
- Manages Accounting Department staff administrative and finance duties. Supervises accounting functions for the financial institution. Monitors cost control activities. Approves and implements cost control strategies on an as- needed basis.
- Responsible for financial reporting, financial analyses, cash management and forecasting reports.
- Prepares and reviews financial institution finance projections and manages financial institution investment accounting activities.
- Responsible for preparation of budgets and periodic analysis of budget variance.
- Ensures that the financial institution’s accounting procedures are in compliance with generally accepted accounting principles.
- Monitors the financial institution’s liquidity and cash needs on a daily, monthly, quarterly and annual basis or on an as-needed basis.
- Serves on Asset and Liability Management committee.