Chief Financial Officer (CFO)

Position Purpose: Reporting directly to the CEO, the CFO plays a pivotal role in advancing the strategic direction of the Credit Union. Direct the financial affairs of the Credit Union. Management oversight and supervision of the work of the Accounting/Finance, and Risk and Compliance Departments. Maintain accounting systems, practices, controls, and procedures to conform to accepted accounting/financial principles in accordance with federal and state laws. Essential Duties and Responsibilities: Lead the Accounting/Finance and Risk Departments in maintaining accurate records and implementing robust internal controls to safeguard the Credit Unions assets. Conduct performance reviews, recommend salary adjustments, and counsel staff toward optimum performance. Extensive involvement in developing the organizations strategic and business plans. Utilize forward-looking models and activity-based analyses to provide financial insight into the Credit Unions plans and operating budget. Provide insight and recommendations that align with the Credit Unions plans for short-term and long-term growth. Serve as a member of the Credit Unions Asset Liability Committee (ALCO), Salary Committee, Fair Lending Committee, Enterprise Risk and as a trustee of the 401(k) Plan. Responsible for the Credit Unions annual budget. Prepare and present monthly financial budgeting reports including monthly profit and loss by division, forecast vs. budget by division and weekly cash flow by division. Create and establish yearly financial objectives that align with the Credit Unions plan for growth and expansion. Responsible for the oversight of net worth and analysis of forecasts. Perform financial analysis of the Credit Unions operations to ascertain financial performance, liquidity position, cash flow, budget performance, cost control and similar financial activities. Regularly analyze policies and procedures, recommend necessary changes to the President/CEO, and develop new policies and procedures that result in a more efficient operation. Act as the Credit Unions chief liaison with investment houses, or other financial institutions, and appropriate government agencies concerning investments and securities. Explore new investment opportunities and provide recommendations on potential returns and risks. Supervise creation of reports, software implementation and tools for budgeting and forecasting. Oversee the preparation and communication of weekly, monthly, and annual financial statements. Responsible for the preparation and accuracy of all financial and statistical reports for the monthly Board of Directors agenda. Responsible for compliance with laws and regulations applicable to incumbents area of management and supervision. Coordinate audit activities with the Internal Auditor, examiners, external auditors, and Supervisory Committee. Other duties as may be assigned. Knowledge, Skills, and abilities required: Bachelors degree in Finance or Accounting required. Master of Business Administration (MBA) a plus. Certified Public Accountant (CPA) strongly preferred. Over five years of years of progressively responsible experience in financial institution accounting and financial management, including significant supervisory and management roles, preferably within the credit union industry . Strong financial acumen with a highly collaborative mindset and a forward-thinking approach to process improvement and modernization. Significant experience working with budgets, forecasting, analysis, asset/liability management, and investments in the financial services industry. Excellent analytical, reasoning, and problem-solving skills. Strong organizational skills and the ability to work on multiple projects with multiple deadlines. Demonstrated leadership ability, confidence and executive presence. Ability to motivate staff. Professi nal written and verbal communication skills. Excellent collaborative skills and the ability to develop and maintain positive working relationships are essential. Knowledge and understanding of the mission and vision of the Credit Union. Strictly adhere to the Credit Unions policy of confidentiality, security, professional conduct and dress. Highly proficient with Microsoft Office Products including Excel and database programs.