SUMMARY: The CFO is responsible for the effective management, operation, results and strategic advancement of the Finance, Accounting, and Operations departments.
ESSENTIAL FUNCTIONS: - Manages the overall financial activities of the credit union, including the preparation and interpretation of financial statements, asset liability management, investing and budgeting
- Provides leadership in the development for the continuous evaluation of short and long-term strategic financial objectives
- Prepares all credit union financial statements in accordance with GAAP and applicable federal and state regulatory laws for financial reporting
- Produces all financial and statistical reports for presentation to the Board of Directors
- Provides management with analysis and advice on the financial implications of business activities
- Responsible for the preparation of the annual budget along with financial forecasting
- Provides CEO with recommendations to strategically enhance financial performance and business opportunities
- Manages and optimizes the organization's investment portfolio in order to achieve the organizational investment goals of liquidity, safety and return
- Oversees and manages the preparation and submission of the 5300 Call Report
- Prepares monthly reports and analysis to the ALCO committee
- Reports financial results at monthly board meetings
- Supervises the budget for the Finance, Accounting, and Operations departments to ensure they are consistent with the overall strategic plan and budget of the credit union
- Negotiates significant vendor contracts and completes the vendor management process
- Other duties as may be assigned
QUALIFICATIONS: - Education Required: Bachelors degree in Business Administration or related field, Certified Public Accountant (CPA) designation
- Education Preferred: Masters degree in Business Administration (MBA)
- Experience Required: 8 years of progressive, strategic management experience in an accounting or finance role
Knowledge, Skills and Abilities (KSAs):- Ability to assess, plan and deliver strategic initiatives
- Ability to perform job functions independently
- Ability to work as part of a team
- Ability to resolve complex problems with independent action
- Ability to effectively present information to employees, Senior Management and the Board of Directors
- Ability to verbally communicate effectively with internal and/or external members
- Ability to use computers and job-specific technology/software efficiently
- Maintains confidentiality
- Performs responsibilities with composure, quality and accuracy under stress of deadlines/requirements
- Ability to attract, develop and retain talent and build high performing teams
SUPERVISORY RESPONSIBILITIES: - Responsible for overseeing employees' performance, identifying development areas, addressing employee relations issues and providing direction, support, training and regular coaching.
- Responsible for communicating organizational needs and updates
- Supervises: Accounting Director, Operations Manager, and Finance Manager
TRAVEL: Up to 10% local travel. Up to 10% national travel may be required to attend conferences and visit micro branches.
The base pay for this position is $217,901.33 to $363,168.89 per hour. In specific locations, the pay range may vary from the range posted. Click here to learn more about ALEC and our benefits.
