About Us
CBL State Savings Bank is a long-standing community bank serving Greenville and Spartanburg Counties in South Carolina for over 119 years. With two offices and a small, dedicated team, we focus on relationship banking, local decision-making, and serving our communities the right way.
We are seeking a Vice President of Finance and Accounting who thrives in a small community bank environment and values accuracy, accountability, and stewardship. This role is ideal for someone who enjoys being hands-on, understands the full balance sheet, and is comfortable wearing multiple hats while working closely with executive management.
Position Summary
The Vice President of Finance and Accounting is responsible for overseeing the Bank’s accounting and financial reporting functions, ensuring accurate financial records, timely reporting, and compliance with applicable regulatory and accounting standards. This role manages the general ledger, prepares internal and external financial reports, coordinates regulatory reporting, and supports balance sheet management and strategic decision-making.
The position will be based primarily in the Landrum branch and will work closely with staff across both locations (Greer and Landrum) as needed.
Key Responsibilities:
Accounting and General Ledger Management
- Oversee and maintain the general ledger, ensuring accuracy and integrity of all financial records.
- Reconcile balance sheet and income statement accounts on a regular basis.
- Review journal entries, accruals, and account adjustments.
- Ensure proper accounting treatment in accordance with Generally Accepted Accounting Principles.
Financial Reporting
- Prepare monthly financial statements and internal management reports.
- Assist with quarterly and annual financial reporting, including board and committee materials.
- Prepare and monitor budgets, forecasts, and variance analyses.
- Provide financial data and analysis to executive management as needed.
Regulatory and Compliance Reporting
Prepare and file the Bank’s quarterly Consolidated Reports of Condition and Income (Call Report).
Coordinate with internal staff, external auditors, and regulators to support examinations and audits.
Ensure compliance with applicable regulatory reporting requirements and deadlines.
Balance Sheet and Operational Support
- Perform balance sheet management, including monitoring asset, liability, and capital accounts.
- Assist with investment, liquidity, and interest rate risk reporting in coordination with management.
- Support internal controls, accounting policies, and process improvements.
Team and Cross-Functional Support
- Work closely with lending, operations, and executive management to ensure accurate financial reporting.
- Assist across departments as needed in a small bank environment.
- Contribute to a collaborative culture focused on accuracy, accountability, and service.
Strategic Leadership and Financial Management
- Partner with executive leadership on strategic financial decisions involving balance sheet management, profitability, liquidity, capital, and expense management.
- Provide financial analysis and reporting to support the Bank’s long-term financial goals and operational performance.
- Participate in asset liability management, interest rate risk, and overall financial planning discussions.
- Serve as a strategic financial resource by providing sound banking insight and recommendations.
Qualifications
- Bachelor’s degree in Accounting or Finance required, or a minimum of five years of accounting or financial management experience in community banking.
- Strong banking experience required, including financial reporting, balance sheet management, Call Reports, and regulatory compliance.
- Experience working with executive leadership on financial planning and strategic decision-making preferred.
- Strong understanding of general ledger management, reconciliations, and internal controls.
- High attention to detail with strong analytical, organizational, and communication skills.
- Ability to manage multiple priorities and meet reporting deadlines.
- High ethical standards and commitment to confidentiality.
- Reliable transportation and willingness to travel as needed for professional development.
Pay: From $75,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Disability insurance
- Employee assistance program
- Flexible spending account
- Health insurance
- Life insurance
- Paid time off
- Professional development assistance
- Vision insurance
Education:
Experience:
- Banking: 5 years (Required)
Location:
- Landrum, SC 29356 (Preferred)
Ability to Commute:
- Landrum, SC 29356 (Required)
Work Location: In person
