Logo
Domnovate

CFO

Domnovate, Salt Lake City, Utah, United States, 84193


Full job description

The CFO will have primary day-to-day responsibility for planning, implementing, managing, and controlling all financial-related activities of the company. This includes responsibility for directing functions including accounting, annual audits, customer accounting support, tax compliance, monthly close processes, monthly reporting, forecasting, budgeting, long-range planning, supporting strategic partnerships, price modeling, return on investment, investor relationships and liquidity risk management analysis and other value-added financial analysis. This is a hands-on leadership role that requires someone who can support both high-level complex accounting and finance responsibilities as well as not being afraid to dive into the details on a day-to-day basis. The CFO is responsible for developing tools and systems to provide critical financial and operational information to the CEO and Board and makes actionable recommendations on both strategy and operations. The CFO is a member of the Banks Executive Committee and Asset Liability Committee (ALCO) and reports to the CEO.

Responsibilities

Direct and oversee all aspects of the Finance & Accounting operations of the Bank

Manage communication, preparation, support and remediation for the bank and company Audit Committee of internal and external audits

Coordinate with other executives in preparing for and managing examinations from FDIC, UDFI and FRB

Ensure credibility of finances by providing timely, accurate analysis of budgets, financial trends, forecasts

Prepare data for tax preparations, remit quarterly payments and work with tax professionals to file tax returns throughout year

Submit financial reports; (Annually): Federal Reserve (FR)Y-6, Y-10. (Semi-Annual): FR Y-9SP. (Quarterly): FR Y-8, Asset Concentration report, CALL report

Work within ALCO to maintain appropriate CFP and liquidity levels

Review and maintain lines of credit with correspondent banks and FRB (BIC-1)

Enhance and implement financial and accounting systems, processes, tools and control systems

Qualifications

Advanced Business degree in Accounting or Finance and/or MBA. CPA or MBA preferred but not required

Extensive background in regulatory, market and macroeconomic banking environments

Firm grasp of financial technology (FinTech) aspects of business

Evidence of financially sound decisions related to IT and other investments and infrastructure

Solid leadership and management background

Join Continental Bank as our Chief Financial Officer and be at the forefront of driving financial excellence within our organization. If you are a seasoned finance professional with a passion for strategic financial management, we invite you to apply and contribute to our mission of supporting businesses nationwide.

Job Type:

Full-time

Pay:

From $200,000.00 per year

Benefits:

401(k)

401(k) matching

Dental insurance

Employee assistance program

Health insurance

Health savings account

Life insurance

Paid time off

Vision insurance

Schedule:

Monday to Friday

Ability to Relocate:

Salt Lake City, UT 84101: Relocate before starting work (Required)

Work Location:

In person

#J-18808-Ljbffr