Vice President of Finance

Essential Duties and Responsibilities:

• Direct and coordinate Credit Union financial management processes, financial reporting, liquidity management and budget management functions.
• Responsible for accounting and financial controls of the Credit Union.
• Establishes systems and means for effective internal control of Credit Union financial reporting.
• Responsible for financial reporting and conformity to generally accepted accounting principles.
• Ensure financial management processes are in compliance with applicable policies, procedures and Federal regulations.
• Aligns financial policies and procedures with Credit Union objectives.
• Participates in establishment of financial policies consistent with NCUA Rules and Regulations and Federal and State Laws.
• Responsible for the Credit Union’s budgeting process including establishing assumptions, preparing reports and monitoring progress.
• Ensures proper liquidity position of the Credit Union in accordance with Credit Union policy.
• Responsible for maintaining line of credits with the Credit Union’s liquidity resources.
• Manages the overall operations of the Accounting Department.
• Directs the design and preparation of all financial/operating reports in a timely and accurate manner.
• Audits and takes action as needed to ensure accuracy and correctness of all Credit Union general ledger accounts.
• Establishes benchmarks for measuring the financial and operating performance of divisions and departments
• Interviews and makes hiring decisions for the authorized positions of the department.
• Assure financial plans are consistent with organizational goals.
• Responsible for semi-annual performance appraisals of direct reports.
• Reviews data to third-party vendor for Quarterly ALM analysis.
• Provide financial analysis tools to evaluate Credit Union ventures or special projects, programs, capital expenditures, products costing when necessary.
• Work closely with Executive Vice President in the development and economic evaluations of various fringe benefit programs for staff and program components.
• Responsible for the timely and accurate reporting for the NCUA 5300 Call Reports.
• Responsible for working with the Credit Union’s external auditors in completing the annual opinion audit.
• Responsible for working with the NCUA federal examiners in completing the periodic federal examination.
• Monitor and analyze monthly operating results against budget.
• Participates in the management of the investment portfolio of the Credit Union and ensures compliance with applicable procedures, policies, and regulations.
• Conducts vender due diligence for vendors directly associated with the accounting department.
• Reviews and evaluates ALLL/CECL calculations and methodologies
• Participates in evaluating and analyzing ALM results to ensure the position at the credit union is in compliance with policies
• Makes recommendations to the EVP of Support Services in regards to dividend rates
• Serves on the Participation Loan Committee
• Report to the Board of Directors when necessary in writing and verbally
• Other duties as necessary

Additional Responsibility:

•  Provide accounting policy orientation to new staff
• Manages the overall direction, coordination, and evaluation of the Accounting/Finance department
• Carries out supervisory responsibilities in accordance with Credit Union policies and applicable laws.

Qualifications:

Mental Requirements:

• Requires attention to details, concentration, logical thinking, good judgment and responsiveness in a timely manner.
• Is able to understand rules, policies and regulations.
• Ability to handle projects by prioritizing projects and meet deadlines.
• Is able to work well with people.
• Is able to work under stressful and pressure filled situations.
• Frequent basic and advanced mathematical skills and concepts.
• Is able to keep abreast of all regulatory and operational matters which affect the Credit Union operations

Physical Requirements:

• Is able to show up to work as scheduled.
• Occasional lifting, carrying, pushing, and pulling of items weighing up to 20 pounds.
• Is able to operate 10-key by touch and type 30-40 wpm accurately.
• Occasional reaching, climbing a ladder to reach upper shelving.
• Sitting for extended periods of time.
• Must be able to communicate clearly in person or over the phone and/or in writing.
• Occasional mobility around the office, including stairs
• Occasional business traveling involved, including land and air travel.
• Ability to establish effective working relationships with other staff.

Other Requirements:

• May be required to use his/her personal car to perform Credit Union business.
• May be required to work at different branch.
• May be required to work beyond the normal business hours, including weekends.
• May be required to attend seminars or classes to increase job skills.
• Must be bondable and have a clear credit rating.

Education and/or Experience:

• Bachelor’s Degree (B.A.) from an accredited four-year college or university; Masters preferred; with seven (7) or more years of related experience, or equivalent combination of experience and education
• CPA license is preferred

Working Conditions:

•  Work is primarily inside an air-conditioned, well-lighted office setting, and high humidity.
• Must be able to work alone and with others.
• Moderate noise level.
• Frequent public contact.
• Potential exposure to the threat of violence at any time