Division Controller at Stearns Bank NA.

, , United States -

Full Time

Start Date

Immediate

Expiry Date

18 Aug, 26

Salary

140000.0

Posted On

20 May, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Statement Production, Variance Analysis, GAAP, IFRS, Internal Controls, Regulatory Reporting, Financial Analysis, Audit Coordination, Capital Investment Analysis, Contract Negotiation, Organizational Skills, Multi-tasking, Computer Skills, Written Communication, Oral Communication

Industry

Financial Services

Description

At Stearns Bank, we’re helping people, entrepreneurs, small businesses, and local communities nationwide reach their full financial potential. Sound like something you want to be a part of? If so, we’re currently looking for a Division Controller. This is a connected mobile role. Come see how we’re doing business unusual and charting our own path to reimagine a more inclusive financial services and banking ecosystem for all. BENEFITS Stearns Bank understands and respects that everyone is managing unique career, family, and wellness needs. That’s why we offer industry-leading benefits to employees to help them live healthy lives and bring their full selves to work every day. Benefits may vary for part-time positions. Some of those benefits include: * Employee Stock Ownership Plan & 401k Plan * Healthcare (Medical, Dental, Vision, Telehealth, Life insurance) * 12-week Paid Parental Leave and Medical Leave: With a cap of 20 weeks for eligible team members who qualify for both Medical and Parental Leave related to the birth of a child * $5,000 Family Care Reimbursement: Childcare, Elder Care, Student Loan Debt, Pet expenses, Down Payment Assistance, Health Insurance Premiums * PTO from 13 to 23 days depending on tenure. Cashout and Carryover options * 10 Days Sick Time * 11 Paid Holidays * 4 Days Volunteer Time * 2 Days Self Allowance Time * Tuition Assistance For this position, we anticipate an annual salary range between $110,000 – 140,000. Final employment offers will be dependent upon the selected candidate’s relevant qualifications and experience. JOB SUMMARY: Works with the Controller to plan and direct the accounting operations of the company. RESPONSIBILITIES * Oversees the production of monthly GL financial statements including variance analysis; ensures that the reported results comply with generally accepted accounting principles or international financial reporting standards. * Oversees the production of periodic financial reports including profit center/business unit reports * Maintains a documented system of accounting policies and procedures; implements a system of controls over accounting transactions to minimize risk. * Prepares accounting and regulatory proformas for potential merger and acquisition targets. * Works with internal and external auditors to provide needed information for the annual consolidated financial statement audit, annual employee benefit plans audits, and other audits as required. * Works with regulators to provide needed information for exams. * Approves accounts payable invoices. * Works with internal and external partners to provide information needed for insurance renewals. * Recommends benchmarks that will be used to measure the company’s performance. * Provides financial analysis, with emphasis on capital investments, pricing decisions, and contract negotiations. * Review material change forms for OREO as well as any journal entries as needed for sales or write downs. * Prepares financials and footnotes for the annual financial statements. * Collect annual Regulation O information and track throughout the year. * Review the FR Y-6 report annually. * Review of Holding Company Call reports including the FR Y-9LP, FR Y-9C quarterly. Review of Bank Call reports quarterly. * File FR Y-10 reports as required. * Ensures compliance with local, state, and federal government requirements. * Performs other related duties as necessary or assigned. * Loss prevention and security as applicable for this position. * Maintain a working knowledge of all legal and regulatory compliance issues as they pertain to this position. * Perform other duties as necessary for the efficient operations of the department and organization. * Complete required training. REQUIREMENTS * Occasionally lift and/or move up to 25 lbs. * Literacy in English. * Ability to sit for extended periods of time, twist, bend, sit, walk use hands to twist, handle or feel objects, tools or controls, such as computer mouse, computer keyboard, calculator, stapler, telephone, staple puller, etc., reach with hands and arms, balance, stoop, kneel, talk or hear. * Specific vision abilities required by the job include close vision, distance vision, peripheral vision, depth perception and the ability to adjust focus. QUALIFICATIONS * Bachelor’s Degree (B.A.) from a four-year college or university; or seven - ten years related experience in the finance/accounting industry and/or training, or equivalent education and experience. * CPA accreditation preferred. * Excellent oral and written communication skills. * Flexible. * Detail oriented. * Strong organizational skills and ability to multi-task. * Strong computer skills. THE COMPANY Founded in 1912, Stearns Financial Services Inc. (SFSI) is a $3.2 billion, independently owned financial institution with locations in Minnesota, Florida and Arizona, and over 35,000 small business customers nationwide. Specializing in affordable housing financing, USDA and SBA lending, and small business and equipment financing, Stearns Bank is regularly recognized as one of the country’s top-performing banks and “Best Banks to Work For” by American Banker. As a Star Tribune Top Workplaces award recipient and an award recipient of the Minnesota Business Magazine 100 Best Places to Work in Minnesota, Stearns takes pride in their team and holds their employees in extremely high regard. We offer a competitive salary and benefit package including our Employee Stock Ownership Program-one of the best long-term incentive programs in the nation. To learn more about Stearns Bank, visit www. StearnsBank.com EQUAL OPPORTUNITY EMPLOYER /AFFIRMATIVE ACTION PLAN We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, or creed, religion, sex, marital status, familial status, sexual orientation, national origin, age, disability, veteran’s status, status with regard to public assistance, or any other class protected by Federal, State, local laws governing nondiscrimination in employment.

Responsibilities

The Division Controller plans and directs accounting operations, overseeing the production of monthly financial statements and ensuring compliance with GAAP or IFRS. They manage regulatory reporting, coordinate with auditors, and provide financial analysis for capital investments and pricing decisions.