CONTROLLER - KEY WEST, FLORIDA

CONTROLLER - KEY WEST, FLORIDA

First State Bank is a customer-focused bank with a long history of serving, reaching out, and connecting with the community. Founded in 1955 with a single branch in Key West, the Bank has grown and changed, as has the surrounding community, but our core values remain the same. First State Bank of the Florida Keys recognizes that what sets us apart are our people.

Here's why you should join First State Bank:

• Competitive Salary and Hourly Pay Rates
• Medical, Dental, Vision, Life, Long-Term Disability plans available
• 401K Retirement Program with employer matching
• Paid Time Off plus Federal Bank Holidays
• Profit Sharing Program
• Tuition Reimbursement

Position Summary:

The Bank Controller is a management-level position responsible for overseeing all financial reporting, accounting operations, controls, continuous improvement plans, and regulatory compliance for the accounting department. This role ensures the bank's financial integrity, provides strategic financial insights, and maintains compliance with all applicable laws and regulations. The ideal candidate will have a strong background in accounting management within the banking industry and a proven ability to lead a team.

Position Responsibilities:

Financial Management and Reporting:

• Oversee the preparation and accuracy of financial statements, ensuring compliance with Generally Accepted Accounting Principles (GAAP) and regulatory standards.
• Manage the month-end, quarter-end, and year-end closing processes.
• Prepare and present financial reports to executive leadership, various committees, and regulatory bodies.

Accounting Operations:

• Supervise day-to-day accounting functions, including general ledger maintenance, accounts payable/receivable, and payroll.
• Establish and maintain robust internal controls to safeguard bank assets and ensure accurate financial reporting.
• Manage the bank's budget process.
• Ensure a quality control program to support the accounting process and reporting.

Regulatory Compliance:

• Ensure adherence to all banking regulations, including reporting requirements set by the Federal Reserve, FDIC, and other regulatory agencies.
• Coordinate and oversee internal and external audits, responding promptly to audit findings, recommendations, and preparing financial statements.
• Maintain up-to-date knowledge of regulatory changes and implement necessary adjustments to policies and procedures.

Leadership and Team Development:

• Lead, mentor, and develop a team of finance and accounting professionals.
• Foster a culture of collaboration, accountability, and continuous improvement within the finance team.
• Provide strategic financial guidance to support the bank's growth and operational objectives.

Supervisory Responsibility:

This position has supervisory responsibilities.

Required Education & Experience:

• Bachelor's degree in Accounting, Finance, or a related field (Master's degree preferred).
• Minimum of 7 years of experience in accounting or financial management, preferably within the banking industry.
• Strong knowledge of GAAP, FDICIA, regulatory reporting requirements, and banking regulations.
• Certified Public Accountant (CPA) preferred.

• Relevant banking certifications (e.g., Certified Financial Services Auditor, Certified Regulatory Compliance Manager) are a plus.
• An understanding of the ALCO process is a plus, but not required.
• Experience with Fiserv Prologue is a plus, but not required.

Competencies:

• Exceptional analytical, organizational, and problem-solving skills.
• Advanced proficiency in accounting software and financial systems (e.g., Fiserv Prologue or similar platforms).
• Excellent communication and presentation skills, with the ability to convey complex financial information to non-financial stakeholders.
• Demonstrated leadership ability and experience managing high-performing teams.
• High attention to detail and commitment to accuracy.

Essential Job Functions:

Essential job functions include the employee occupying this position will frequently be required to organize and coordinate schedules; and communicate with internal and external customers. The employee must be able to remain in a stationary position 60 percent of the time; frequently operate a telephone, computer, printer, copier and fax machine; and occasionally move about inside the office to access file cabinets, office machinery, etc.

First State Bank is an equal opportunity employer which provides equal employment opportunities to all qualified individuals without regard to race, color, religion, gender, age, national origin, citizenship, disability, sexual orientation, marital status or any other basis protected by federal, state or local laws.

EOE M/F/V/D