Controller

Collinsville Building & Loan Association - Job Description – Controller The Controller is responsible for the Association’s accounting, financial and regulatory reporting, budgeting, tax reporting, and related financial control functions. As a member of the Executive Leadership Team, the Controller maintains a hands-on role in accounting activities while providing accurate financial information and analysis to support management and Board decision-making and the Association’s overall safety and soundness. Reporting Structure: The Controller reports directly to the President & Chief Executive Officer and serves as a member of the Association’s Executive Leadership Team. This position does not currently have direct supervisory responsibilities but works collaboratively across departments and provides financial expertise and guidance to management and staff. Duties and Responsibilities include, but are not limited to: Oversee general ledger activity, reconciliations, adjusting entries, and month-end and year-end accounting processes. Prepare monthly and annual financial statements and other financial reports for management and the Board of Directors. Manage and process accounts payable activities, including Association invoices, real estate taxes, and other applicable obligations. Prepare and coordinate required federal and state tax reporting and payments, including estimated income taxes, sales and use tax, Form 945, Forms 1099-MISC, and other applicable IRS reporting. Prepare, review, and transmit the Call Report and other assigned financial or regulatory reports. Complete required financial and regulatory processes through internal and external systems. Coordinate the annual budget process, monitor performance against budget, and provide analysis of significant variances and financial trends. Record, reconcile, and maintain documentation for investment activity and ensure transactions are accurately reflected in the Association’s financial records. Serve as a member of the Investment Committee, Asset/Liability Management Committee (ALCO), and Asset Classification Committee. Coordinate the Association’s financial audit and provide financial information and support during audits and regulatory examinations. Maintain effective accounting controls, appropriate segregation of duties, and supporting documentation; identify and elevate discrepancies or control concerns as appropriate. Maintain productive working relationships with management, staff, auditors, regulators, financial institutions, tax professionals, and other service providers. Maintain the confidentiality and security of financial, customer, employee, and Association information. Perform other accounting, financial, and organizational responsibilities as assigned. Performance Expectations: Produce accurate, complete, and timely financial, regulatory, and tax reporting. Maintain reliable accounting records, effective financial controls, and audit and examination readiness. Proactively identify and appropriately resolve or elevate accounting discrepancies, control concerns, and financial issues. Provide timely and meaningful financial information and analysis while demonstrating sound judgment, confidentiality, collaboration, and professionalism. Qualifications: Bachelor’s degree in Accounting, Finance, Business Administration, or a related field preferred; equivalent education and directly relevant experience may be considered. Five or more years of progressively responsible accounting, finance, financial reporting, audit, or related experience preferred. Experience within a bank, thrift, credit union, or other regulated financial institution strongly preferred. Experience with general ledger accounting, financial statement preparation, budgeting, reconciliations, regulatory reporting, and audit coordination preferred. Experience preparing or supporting financial institution Call Reports is highly desirable. Experience with Finastra-Phoenix core systems a plus. CPA designation or other relevant professional certification is preferred but not required. Strong knowledge of accounting principles, financial reporting, internal controls, and financial institution accounting and regulatory reporting. Working knowledge of financial institution balance sheets, investments, liquidity, and asset/liability management concepts. Strong analytical, problem‑solving, organizational, and communication skills with a high degree of accuracy and attention to detail. Ability to exercise sound judgment and confidentiality while independently managing multiple responsibilities and deadlines. Strong proficiency with Microsoft Excel and the ability to effectively utilize the Association’s financial, accounting, and reporting systems. Wages: This position offers a base salary of $75,000-$110,000 annually. Compensation will be commensurate with experience and qualifications of candidate. This position is classified as exempt under applicable wage and hour laws and is not eligible for overtime pay in accordance with Illinois law. Compensation will be reviewed periodically in conjunction with Department of Labor rulings and during the annual compensation review process. Benefits for full-time employees include the following: Paid Time Off – Vacation paid-time off based on years of service; 48 hours Paid Leave per calendar year (in accordance with Illinois Paid Leave for All Workers Act). Birthday and Federal Holidays off with pay. Group Medical, Dental, and Vision Insurance availability. Group Life Insurance, Long-Term Disability, and Accidental Death & Dismemberment Insurance (100% employer‑paid). Availability to participate in the Cafeteria Plan. Availability to participate in the 401K plan with Association match (100% up to 6%). Annual profit‑sharing potential (no contribution required, minimum 3% of base). NOTE: Benefits are subject to Board approval each calendar year. General Schedule: This is a full‑time position primarily performed during the Association’s normal business hours. Additional time may be required periodically to meet financial reporting, regulatory filing, audit, examination, budgeting, year‑end, or other business deadlines. The Controller is expected to attend required staff, management, committee, and Board meetings as applicable to the position. Following 180 days of employment, the position may be eligible for a hybrid work schedule in accordance with Association policy and operational needs. Collinsville Building & Loan Association is an Equal Opportunity Employer. Employment decisions are made without regard to any status protected by applicable federal, state, or local law. Applicants and employees are entitled to rights and protections under applicable employment laws. #J-18808-Ljbffr Collinsville Building & Loan