Assistant Controller

First Federal Bank - Leawood, KS

Full-time - Mid Level

Leawood, KS

Credit Intermediation and Related Activities

About the position

First Federal Bank of Kansas City is one of the largest mutually owned banks in the Midwest, dedicated to being a strong banking and lending partner to families in Kansas and Missouri for decades. The Assistant Controller position is pivotal in ensuring the smooth daily operations of the Accounting Department. This role involves delegating daily tasks, supervising their completion, and reviewing the work of the Accounting Department staff. The Assistant Controller will also provide technical assistance to the Controller and Chief Financial Officer, ensuring that the department meets its operational goals and maintains high standards of quality in customer service. The Assistant Controller will take the lead in operationally completing the month-end close process, preparing internal management reports, and serving as a backup to the Controller during audits and regulatory reviews. This position oversees the daily operations of the Accounting Department, including managing senior analysts and staff accountants, ensuring that all daily tasks are completed accurately and efficiently. The role also involves overseeing the bank's lending functions assigned to the Accounting Department, ensuring that loan-related transactions are captured correctly in the financial statements. In addition to these responsibilities, the Assistant Controller will assist in the valuation of the bank's mortgage loans, prepare financial statements for subsidiaries, and monitor the bank's investments and borrowings. The position requires a strong focus on compliance with banking laws and regulations, as well as adherence to US GAAP. The Assistant Controller will also play a key role in developing the accounting staff, helping them grow their skills and experience, and contributing to the overall success of the bank.

Responsibilities

• Oversee daily operations of the Accounting Department, including managing staff and delegating tasks.
• Lead the month-end close process and prepare internal management reports for review by the Controller.
• Serve as a backup to the Controller during audits and regulatory reviews, preparing necessary schedules and responding to inquiries.
• Ensure quality internal and external customer service is delivered by the Accounting Department.
• Manage the bank's lending functions assigned to the Accounting Department, ensuring accurate capture of loan-related transactions.
• Perform monthly valuation of the bank's mortgage loans held for sale and assist in the valuation of bank assets.
• Prepare annual property tax assessments and monitor property value processes.
• Assist in generating the bank's annual budget and periodic roll-forward projections with the CFO and Controller.
• Monitor and evaluate the bank's balance sheet and cash position analytically.
• Prepare required financial statements for the bank's subsidiaries and pension plans.

Requirements

• Bachelor's degree in Accounting or Finance from a four-year college or university.
• Three to five years of related experience in a financial institution or equivalent combination of education and experience.
• CPA certification and public accounting experience preferred.
• Strong knowledge of GAAP and banking regulations.
• Proficiency in Microsoft Word and advanced Excel skills.

Nice-to-haves

• Experience with data querying/reporting tools.
• One to two years of supervisory experience preferred.

Benefits

• Opportunities for personal and professional development.
• Company events to strengthen connections among employees.
• Volunteer work to support community partners.