Position Summary:The Vice President of Finance is responsible for leading the credit union's financial planning and analysis function, including forecasting, budgeting, and strategic financial planning. This role ensures that leadership and the board have clear, forward-looking financial insights to support decision-making, resource allocation, and long-term growth. The VP of Finance owns the planning process and operating cadence, including the annual budget, rolling forecasts, and long-range financial plans. This role partners closely with the CFO, Executive Leadership Team, and business leaders to evaluate tradeoffs, align resources to strategic priorities, and improve the quality and speed of financial decision-making. The position also supports the CFO and ALCO through financial modeling and scenario analysis, translating balance sheet strategy, rate outlook, and liquidity considerations into actionable planning assumptions and enterprise forecasts.
Essential Duties and Responsibilities:The following statements are intended to describe the general nature and level of work being performed by this position. It is not intended to be an exhaustive list of duties, responsibilities and skills required of this position. Other duties may be assigned to meet business needs.
- Own and operate a rolling forecast process, including monthly updates, variance analysis, and key drivers
- Deliver forward-looking financial reporting focused on trends, risks, and leading indicators-not just historical results
- Improve forecast discipline, transparency, and reliability across the organization
- Lead the annual budget process, ensuring alignment between strategic priorities, resource allocation, and expected outcomes
- Maintain an enterprise view of financial capacity and tradeoffs, including what is funded, deferred, or stopped
- Establish planning standards, timelines, and assumptions discipline across departments
- Develop and maintain a multi-year financial plan (3-5 years) tied to strategic initiatives, growth objectives, and capital constraints
- Build scenario models that evaluate alternative strategies and operating conditions (e.g., growth, pricing, rates, funding mix)
- Prepare clear, decision-ready materials for executive leadership and Board-level discussions
- Provide financial modeling, analysis, and reporting to support ALCO and balance sheet strategy
- Translate ALCO direction (rates, funding strategy, liquidity posture) into planning assumptions and forecast outputs
- Partner with the CFO to evaluate margin outlook, capital implications, and financial tradeoffs
- Monthly rolling forecast package (drivers, risks, sensitivities)
- Annual budget package aligned to strategy, including tradeoffs and constraints
- Long-range financial plan and supporting scenario models
- KPI dashboards and management reporting aligned with Board and Finance Committee expectations
- Standardized business case and ROI frameworks for major initiatives
- Leadership of the Finance team providing strategic oversight and daily management
- Partner with business leaders to quantify financial impact of initiatives.
- The employee is responsible for reading and shall strictly adhere to all policies, rules and regulations, and training that have been or that may hereafter be established by or applicable to Company for the conduct of its employees, and further, Employee shall strictly adhere to all the provisions of the Company's handbook(s).
