Stearns Bank N.A.

Controller

• 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.

Division Controller