Controller, Finance & Banking, Financial Reporting

Monteith Abstract & Title Company, Inc., founded in 1876 by A.M. Monteith, has a longstanding reputation for excellence. In 1951, it was acquired by Frank J. Turner, Sr., and is still proudly owned and operated by the Turner family. The company specializes in providing high-quality title searches, closing, and title insurance services to buyers, sellers, realtors, mortgage lenders, and builders across the Central Texas area.

With deep roots in the community, Monteith Abstract & Title Company is committed to delivering reliable and professional services to meet the needs of its clients.

Role Description

This is a full-time on-site role for a Controller at Monteith Abstract & Title Company, located in Belton, TX. The Controller oversees the financial operations of the escrow department, ensuring accurate and compliant handling of escrow funds. This role involves managing financial transactions, maintaining escrow accounts, preparing financial reports, and ensuring regulatory compliance. The Controller oversees all financial operations, ensuring that both our operational and escrow accounts are managed with 100% accuracy and in strict accordance with TDI regulations.

The controller is responsible for monthly, quarterly, and yearly financials and reporting for the company. A controller plays a vital role in ensuring the financial integrity and compliance of escrow transactions, contributing to the overall success and efficiency of the accounting department.

• TDI Compliance & Reporting:
  * Manage and file the T-S5 (Quarterly Tax Report) and T-S1 (Unencumbered Assets Certification).
• Ensure the Solvency Account is funded and maintained per Texas Insurance Code §.
• Prepare the company for annual TDI audits and the "Experience Stat" reporting due each May.
• Texas Franchise Tax:
  Calculate and file the annual Margin Tax, selecting the most advantageous deduction method for the company's specific revenue model.
• Handle 1099 processing, year-end procedures, and enforce internal controls and tax regulations.
• Oversight of all financial operations, including billing, accounts receivable/payable, general ledger, cost accounting, and revenue recognition.
• Prepare financial statements and oversee budgeting and forecasting to facilitate decision-making, including individual branch profit and loss statements and operating expenses.
• Timely publication of monthly financial statements.
• Ensures compliance with governmental accounting regulations and generally accepted accounting principles (GAAP).
• Execute end-to-end accounting processes such as month-end accruals, GL reconciliation, journal entries, invoicing, and account reconciliation for monthly and annual closing.
• Analyze accounting information to detect and rectify inaccuracies or imbalances, maintaining accurate records within the accounting system.
• Send employees monthly American Express statements and reconcile the AMEX account monthly.
• Pay vendors, taxes, and insurance.
• Compile tax information for CPA.
• Fund and enter the company payroll information.
• Check month end numbers and closing reports monthly.
• Manage Escrow Officer compliance for the company and update bonds as needed.
• Adheres to company policies and guidelines.
• Undertake various job-related tasks as assigned, demonstrating flexibility and willingness to support the team’s objectives.
• Communication: The ability to write and speak effectively using appropriate convention based on the situation; actively listens to others, asks questions to verify understanding, and uses tact and consideration when delivering feedback to others.
• Organization: Uses time efficiently by prioritizing and planning work activities.
• Integrity and Respect: Demonstrates the utmost level of integrity in all instances and shows respect towards others and towards company principles.
• Judgment: Demonstrates ability to make independent and sound decisions in all situations.
• Teamwork: Shares key information with others involved in a project or effort, works in harmony to accomplish objectives, responds with enthusiasm to directives, and shows support for departmental and organizational decisions.
• Quality: Sets high standards and measures of excellence to ensure…