Controller

WHO WE ARE City First Bank N.A. is a mission-driven Community Development Financial Institution (CDFI) principally focused on a transformative impact in underserved, urban markets with the highest needs to drive equitable economic development. Our lending activities are purely commercial and focused on the following segments: Multifamily Affordable Housing, Not-for-Profit Finance, and Small Business Finance. As a depository and commercial lending provider with over $1.4 billion in bank assets as of December 31, 2023, our unified organization has over 100 employees in Washington DC and Los Angeles/Inglewood, CA. ROLE SUMMARY The position of the Controller is responsible for oversight and management of the Bank's general ledger accounting systems. This role will coordinate the monthly close, and oversee staff responsible for the accounts payable, fixed assets, intercompany and prepaid accounting functions. This position is also responsible for overseeing the reconciliation of key bank accounts and payroll accounts. ESSENTIAL FUNCTIONS AND RESPONSIBILITIES Maintaining system interfaces, monitoring suspense accounts, and clearing reconciling items. Coordinates with department managers throughout the Bank. Oversees the monthly general ledger account certification process Oversees the reconciliation of the Intercompany Due/Payable accounts, insures monthly settlement Responsible for the accounting for benefit plans (ESOP, Long Term Incentive Plan) Oversees the proper recording of payroll entries and accruals Oversees/records month end closing entries Oversees and reviews the reconciliation of the Federal Reserve account, correspondent bank accounts, and internal demand deposit accounts on a monthly basis Prepares complex account reconciliations Record monthly closing entries for the Holding Company Maintain, manage and analyze financial statements Prepares the monthly Dashboard file Supervises and reviews the accounting for accounts payable, fixed assets and prepaid accounts Manages the unclaimed property and escheatment processes for Finance/Accounting. Develops H360BI Reports for account analysis Assists with external/ internal audits and regulatory examinations Prepares applications for corporate insurance Other duties as assigned. Requirements EDUCATION & EXPERIENCE Required Education/Experience: 4-year College Degree required in Accounting, Business, Finance, or related field. 10 years' experience in Accounting 5 plus years of experience in banking/financial services working with the general ledger, reconciliations, month-end closings, and other general accounting processes Experience with a public company is preferred CERTIFICATIONS CPA preferred KNOWLEDGE, SKILLS, AND ABILITIES Required Knowledge & Skills: Knowledge of state and federal banking regulations and standard bank policies. Proficiency in Microsoft Office with intermediate/advanced skill in Excel. Knowledge of Core processing systems for financial institutions (FIS preferred) Excellent analytical and problem-solving skills Ability to meet deadlines Great work ethic and attention to detail. Strong verbal and written communication skills Preferred Knowledge & Skills: Ability to collaborate with other departments throughout the Bank Strong leadership/supervisory skills Great problem resolution skills. Team player Salary Description $123,241 - $156,419 , annually

Created: 2024-11-02