The CFO is a key member of the bank executive team that is responsible for the bank’s overall accounting and financial reporting, strong performance management, and regulatory financial oversight. This role supports the bank in remaining an independent community bank in the future.
Responsibilities
- Reports to the CEO and the Board of Directors monthly on financial performance and prepares the budget forecast annually. Monitors key performance ratios such as ROA, ROE, and efficiency ratios against the annual plan.
- Oversee all accounting, financial reporting, and data integrity functions
- Supports board committees in Audit, Finance, and Asset Liability Management
- Prepare regulatory filings, including Call Reports and GAAP compliance.
- Strong communication and leadership skills in support of the bank’s mission
- Serves as the primary liaison with auditors, regulators and financial partners
- Lead on Asset Liability Management (ALM), liquidity management, interest rate risk modeling, and capital planning.
- Serves as the Banks Secrecy Officer (BSA) for daily and regulatory filings to the Board of Directors and governmental agencies
- Fulfill other responsibilities as needs evolve.
Qualifications
- Strong finance-based analytical skills
- Bachelors degree in accounting, finance or related field
- 7 - 10 years' of finance experience
- CPA or MBA preferred but not required
As a bank Team Member, you will receive:
- Competitive Salary
- Generous 401k match
- Individual and/or Family Health Insurance including a Health Savings Account
- Long-term Disability & Life Insurance
- Stock ownership opportunity
- Paid time off package
- Relocation assistance available
- Bonus opportunities at year end
The Garrett State Bank is a full-service community bank located in Northeast Indiana with $400 million in assets. The bank strives to be recognized as a provider of quality products and a high level of service designed to meet the needs of our clientele. The Garrett State Bank strives to create a positive atmosphere for officers and employees to develop and prosper, to encourage the long-term employment of quality personnel. We are committed to the financial growth of the communities we serve and will direct our resources towards their prosperity.
