- Oversees and/or manages accounting functions (i.e., SEC Reporting, Regulatory Reporting, Mortgage Accounting, Accounts Payable, Financial Statements, Variance Analysis, Investment Accounting) as assigned as well as the accounting for various subsidiaries.
- Facilitates external audits of financial statements, regulatory filings and benefits plans as assigned.
- Reviews various reports prepared by accountants for accuracy and content.
- Oversees budget and forecast preparation for assigned subsidiaries or cost centers.
- Works directly with accountants and/or operations personnel on accounting issues.
- Monitors new accounting/regulatory standards and stays abreast of current accounting (GAAP) rules.
- Determines impact to financial statements or regulatory reports including related footnote disclosures and internal controls.
- Coordinates the implementation of necessary changes.
- Responsible for the supervision of assigned staff and exercises the usual authority of a manager concerning hiring, performance appraisals, promotions, salary recommendations, and terminations.
- Regular and predictable attendance is an essential requirement of the position.
- Responsible for the completion of all compliance training related to the position.
- Must understand all applicable laws and regulations that apply to the position and complies with the requirements.
- Evaluates and makes appropriate improvements to internal accounting processes ensuring that practices are in line with the overall goals of the organization and internal controls.
- Serves as a member of the Finance Business Planning team and/or Vendor Management Committee.
- Performs all other duties as assigned.
- Seven (7) or more years of related experience preferred.
- Prior public accounting and/or corporate accounting experience required.
- Supervisory experience preferred.
- Strong knowledge of GAAP.
- Must have an understanding in consolidated financial statement preparation.
- Advanced PC skills--proficiency in Microsoft Word and Excel essential.
- Knowledge of PC based accounting systems a plus.
- Strong written and verbal communication skills.
- Good organizational skills.
- Analytical and problem-solving skills with attention to detail.
- Ability to work independently and make decisions.
- Ability to handle multiple tasks in a fast-paced environment.
- Bachelor’s Degree in accounting required. CPA or MBA preferred.
- Ability to travel for meetings, projects or seminars if needed.
While performing the duties of this job, the employee is required to sit, stand and walk; use hands and fingers to operate keyboard and other office equipment; reach with hands and arms; and talk or hear. The employee is occasionally required to stoop or kneel. The employee may occasionally lift and/or move up to 10 pounds.
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
Skills Required
- Bachelor's degree in accounting
- Prior public accounting and/or corporate accounting experience
- Strong knowledge of GAAP
- Understanding of consolidated financial statement preparation
- Seven or more years of related experience
- Supervisory experience
- CPA or MBA
- Proficiency in Microsoft Word and Excel
- Strong written and verbal communication skills
- Organizational, analytical, problem-solving, and attention-to-detail skills
- Ability to work independently, make decisions, and manage multiple tasks
1st Source Bank Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about 1st Source Bank and has not been reviewed or approved by 1st Source Bank.
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Healthcare Strength — Health insurance, prescription coverage, and full coverage for preventive care and certain screenings are described as available. Dental and vision coverage, telemedicine, maternity support programs, and tobacco cessation offerings add breadth to the health package.
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Retirement Support — A 401(k) plan is described as available with both Traditional and Roth savings options, alongside HSAs for eligible expenses. Life, accident, and disability protections are also described as part of the broader financial security offering.
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Wellbeing & Lifestyle Benefits — Wellness programs such as weight-loss support and other wellbeing initiatives are described as available, sometimes at no extra cost to eligible members. Financial wellness workshops and planning resources are also described as offered.
1st Source Bank Insights
What We Do
Founded in 1863 in South Bend, Indiana, 1st Source Bank has offered clients a convenient and friendly way to bank for over 155 years. At 1st Source, we listen to our clients, understand their needs and always keep their best interests in mind. 1st Source Bank remains the largest locally controlled financial institution headquartered in the northern Indiana-southwestern Michigan area. We operate banking centers across our region, boast 1st Source Bank Specialty Finance Group locations nationwide, as well as several Wealth Advisory Services locations and 1st Source Insurance offices. We deliver a comprehensive range of banking services along with highly personalized attention to our clients, both individuals and businesses. Our mission is to help our clients achieve security, build wealth and realize their dreams. Additionally, for over 155 years, 1st Source Bank has been giving back to our communities to actively help build good places to live, work and raise our families. This service to our community is one of our principal values and has defined who we are and how we do business. Member FDIC | Equal Housing Lender
