CHIEF FINANCIAL OFFICER

Directs the Credit Union's investment activities as custodian of funds, securities, and assets of the organization; maintains lines of credit with corporate credit union(s) and the Federal Reserve Bank sufficient to meet the Credit Union needs. Formulates, monitors and executes the Investment Policy, ALM Policy and the Contingency Funding Plan; prepares financial forecasts relating to ALM and other projections as needed. Responsible to test and maintain Contingency Funding Plan as required by NCUA guidelines. 

Prepares financial reports; ensures complete and accurate financial, statistical, and accounting records of the Credit Union. Oversees reporting to regulatory authorities and to the Board of Directors. Coordinates with auditors/examiners on the year end comprehensive audit and other examinations as deemed necessary.

Oversees and directs Treasury, budgeting, taxes, accounting, purchasing of company assets and AOD Bond Insurance. Provides safekeeping, control, and accounting for assets and securities. 

Directs preparation and evaluation of budgets and capital plans; directs receipt, disbursement, and expenditures of money or capital assets. Analyzes department budgets and allocates operating budget.

Writes, reviews, and distributes financial policy and procedure statements to ensure regulatory and policy compliance. Reviews accounting policies and procedures to obtain optimum efficiency and reduced costs.

Performs other job-related duties as assigned. 

Experience:

Five to ten years of similar or related experience 

Education:

(1) A bachelor's degree, or (2) achievement of formal certifications recognized in the industry as equivalent to a bachelor's degree (e.g. information technology certifications in lieu of a degree). 

Interpersonal Skills:

Motivating or influencing others is a material part of the job. Outside contacts become important and fostering sound relationships with other entities (companies and/or individuals) becomes necessary and often requires the ability to influence and/or sell ideas or services to others. The role requires a significant level of trust or diplomacy. 

Other Skills:

1. Requires a degree in Business Administration, Finance, or Accounting.
2. Excellent analytical skills, people skills, and self-direction are required.
3. Proficiency with PC accounting, spreadsheet, and word processing software;
4. Background in financial data processing systems preferred;
5, Knowledge of financial statements;
6. Knowledge of GAAP (generally accepted accounting principles); and
7. Knowledge of NCUA rules and regulations preferred.
8. Knowledge of Investment Securities required.
9. CPA designation, preferred 

Physical Requirements:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Continuous standing and walking throughout the workday. Occasional sitting for periods of time when providing services to members. Occasional lifting up to 25 pounds. Frequent bending, squatting, or kneeling to reach supplies on ground level. Occasional reaching above shoulder level for supplies overhead. Continuous use of hands in repetitive tasks such as simple grasping, twisting/turning of wrists; finger dexterity to perform various clerical duties such as typing, writing, and handling money. Continuous speaking and hearing for interaction with members and coworkers. Continuous clarity of vision at 20 inches or less for normal processing of members' transactions. Continuous clarity of vision at 20 feet or more for security purposes. 

Work Environment:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Moderate noise (i.e. business office with computers, phone, and printers, light traffic).

Ability to work in a confined area.

Ability to sit at a computer terminal for an extended period of time.