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Troy/Maryville/St. Jacob/Marine Chamber of Commerce

Vice President of Finance

Troy/Maryville/St. Jacob/Marine Chamber of Commerce, Troy, New York, United States,


Active - Regular Full-Time Executive Management Edwardsville, IL, US 30+ days ago Requisition ID:2397 Salary Range:

$120,000.00 To $175,000.00 Annually Scott Credit Union is looking to hire a full-time Vice President of Finance to join our amazing Senior Officer team. This position works Monday thru Friday normal business hours. Purpose, Mission, Vision, Values At Scott Credit Union, we are committed to upholding our purpose, mission, vision, and values. Our Purpose guides everything we do as an organization and is supported by our actionable Mission, Vision, and Values. If our chosen purpose, mission, vision, and values resonates with you and you want to find meaning in your work, we hope you will apply to become a part of our team! Purpose: To be with our members through every phase of their financial journeys, providing financial solutions that support them, their families, and their communities.

Mission: Members. Value. Community.

Vision: Building Better Financial Futures.

Values: Accountability

- we take pride and ownership in all we do. Diversity

- we are committed to fostering a diverse, equitable, and inclusive work environment. Growth

- we encourage the professional development of our employees. Integrity

- we maintain the highest ethical standards. Service Excellence

- we are devoted to continuously "WOW"ing our members and colleagues through the 3e Promise. Why You Should Join Our Team Scott Credit Union is a recipient of the St. Louis Post-Dispatch Top Workplaces Award 2023, the tenth time since 2012. This year, SCU was recognized as one of the Top Workplaces for our dedication to our people-first culture. The Top Workplaces award highlights SCU’s commitment to creating a positive and supportive work environment, where employees thrive and contribute to the organization’s overall success. Our team is our #1 priority, and we are proud to offer great benefits and perks, such as 11 paid holidays, competitive paid time off (PTO), Short-Term Disability (STD) that includes maternity leave, 401k with employer match, medical, dental, vision, and other insurance options, educational reimbursement program, employee assistance programs, opportunities for career advancement, casual “dress for your day” dress code, a positive team-oriented culture, and much more! A comprehensive benefit guide with a full list of our benefits can be found on our career page, scu.org/careers/ . The Day to Day as the Vice President of Finance Responsible for planning, controlling, and directing the credit union's finance activities. Provides counsel and advice to the Chief Financial Officer (CFO) regarding the credit union's liquidity management, investment portfolio, Asset/Liability Management (ALM) and profitability reporting. Responsible for ensuring SCU adheres to the policies and procedures to ensure compliance with generally accepted accounting principles and regulations concerning accounting for credit union finance operations. A typical day will look like: Works with the CFO to oversee and direct treasury and finance activities for the organization. Responsible for the preparation of the annual liquidity plan. Oversees and directs the Asset Liability Management (ALM) for SCU. Developing policies, parameters, strategies, reporting, and analysis for the Asset Liability Committee (ALCO), and Board of Directors when necessary. Performs quarterly ALM reporting and back-testing. Coordinates semi-annual ALM model validation with third-party firm. Presents reporting and validation results to the ALCO. Responsible for the monthly calculation of the Allowance for Credit Losses. Maintains and runs the Current Expected Credit Loss (CECL) model. Produces monthly reports and maintains supporting documentation. Works with external auditors, federal and state credit union examiners to ensure the credit union is in compliance with prescribed accounting methods set forth in regulation, law, Financial Accounting Standards Board (FASB) rules, and generally accepted accounting principles. Works closely with the Data Analytics group and Financial Analyst to develop Accounting and Finance reports in the Arkalytics platform. Responsible for the Balance Sheet portion of the credit union’s annual financial plan. Oversees periodic financial and liquidity forecasting. Reports the results of these forecasts to the CFO and Finance Committee. Responsible for cost accounting practices as well as cost-center/service delivery unit costing analysis. Analyzes, consolidates, and directs all finance procedures together with other statistical data, financial analysis, pricing, profitability, and routine reports. Prepares, submits, and implements the Finance Department's portion of credit union’s Strategic Plan. Ask yourself the below questions to help determine if this job is the right fit for you. Do you enjoy engaging with people and providing exceptional customer service? Are you passionate about leading, coaching, and motivating others? Do you thrive in a fast-paced environment? Are you detail-oriented and like working with numbers? Do you enjoy working in a diverse environment with diverse members? Do you take pride and ownership in all that you do? Are you looking for a job where you can develop professionally? If you answered yes to these questions, we hope you apply! To Be Considered, You’ll Need: Bachelor’s degree in finance or accounting. Experience managing a credit union or finance operation. Minimum five years’ experience at a management level in a credit union, bank or financial institution. Preferred Qualifications That Could Set You Ahead: Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA) designation. Pay Range/Salary Range: The typical pay range for this role is: $120,000.00 to $175,000.00 Are You Ready to Join Our Team? If this sounds like the right opportunity for you, we hope you apply today! If selected as a candidate, next steps may include [a phone interview to go over the basics and/or an in-person interview to learn more about your experiences and qualifications. Additional Postings available from Scott Credit Union

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