CORTRUST BANK
The mission of this bank is to profitably deliver high quality customer service that meets the financial needs of our community, its businesses, and its citizens. No line of financial services is beyond our charter.
CorTrust Bank is seeking a Full-Time Assistant Chief Finance Officer!
It's more than just a job! When you join one of the region's leading community banks, you can expect a family atmosphere committed to building outstanding teams. We believe in the overall well-being of our employees and work hard to provide the best opportunities for growth. We're proud to offer a competitive compensation package that includes perks like a 401k with employer match, Employee Stock Ownership Plan, insurance coverage options, paid time off, service awards, community service opportunities, an Employee Assistance Program, and a stable work environment.
Summary: The Assistant CFO has the ultimate responsibility for accounting functions within the Bank.
Key areas of responsibility:
- Develops and executes strategies related to accounting policy, financial reporting, general ledger maintenance, budgeting and financial systems and controls.
- Responsible for preparing the audited financial statements on behalf of the Bank and Holding Company.
- Oversees monthly, quarterly, and annual accounting processes and prepares all financial statements and regulatory reporting including the Call Report.
- Oversee the Bank’s bond portfolio.
- Maintains oversight of AP/AR processes.
- Develops internal controls and oversees audits of policies and procedures.
- Contributes to strategic planning, direction, and goal setting for the Bank in collaboration with CFO and other Sr. Management.
Key competencies:
Must have CPA Certificate. Ideal candidate will have in depth experience in Bank regulatory environment, finance, auditing and internal controls. Thorough knowledge of GAAP. Preference will be given to a CFO and/or experience with accounting firm with work associated with banking with a preference in community banking.
The ideal candidate possesses a combination of education and experience to be able to perform the primary duties of this position with minimal oversight, managing multiple projects simultaneously. They adapt easily to system, process, product, and service changes, and can reason, solve problems and think critically. They must demonstrate a high level of integrity, personal diplomacy, and respect and be willing to invest in the ongoing mentorship of a team. Knowledge of Federal banking regulations and lending workflows is a must, in addition to the ability to understand and abide by all Bank policies and procedures.
CorTrust is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.
Skills Required
- CPA certificate
- In-depth experience in banking regulatory environments
- Experience in finance, auditing, and internal controls
- Thorough knowledge of GAAP
- Knowledge of federal banking regulations
- Knowledge of lending workflows
- Education and experience sufficient to perform primary duties with minimal oversight
- Ability to manage multiple projects simultaneously
- Critical thinking, problem-solving, adaptability, integrity, diplomacy, and respect
- Experience as a CFO or with an accounting firm serving banking clients
- Community banking experience
What We Do
CorTrust Bank is a fourth-generation, family-owned community bank serving communities in South Dakota and Minnesota. It offers personal banking, including checking and savings, alongside business and agricultural lending and mortgage services. The bank combines local, personalized service with tailored financial solutions, helping individuals, businesses, and farmers manage everyday banking needs and plan for their financial futures across its regional communities.
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