Line of Business CFO - Commercial

Job Description

As a key member of Business Finance, this role serves as a strategic partner, providing financial support to the Commercial Bank will oversee business line finance responsibilities, which include: working to set financial strategies and overall direction to support leadership's strategic priorities, act as a member of the division's leadership team, provide an independent view of financial matters, and utilize financial and business metrics to help business leaders drive performance and realize targeted outcomes.
 
Essential Functions

•   Experience acting as a Line of Business CFO supporting Commercial

•    In depth knowledge of the banking industry

•    Create a business review clearly stating the priorities, success measures and projected financial outcomes of the business line

•    Play a lead role with the creation of the annual budget and subsequent forecasts, including data gathering and preparation of exhibits for senior leadership, including identification of potential financial risks and opportunities
•    Analyze and/or create where necessary, production and budget metrics impacting the income statement and balance sheet
•    Work with the Commercial Bank to explain variances to budget/forecast and clarification of profitability reporting
•    Ability to work with and influence leadership across all levels
•    Prepare financial statements, analyze performance and provide insights and explanations, enabling business leaders to make more informed decisions
•    Provide financial expertise and guidance on key decisions and initiatives
•    Provide targeted financial expertise to help improve financial performance
•    Provide guidance for quarterly earnings, analyst calls and Board of Directors meetings
•    Establish strong KPIs and metrics to track overall business performance
•    Maintain documentation of all processes within the Business Finance team, including the creation of process documentation that may not currently exist
•    Support the development and documentation for line of business strategic plan
•    Perform ad-hoc analysis, as necessary
•    Ability to manage, develop and supervise other individuals as part of a team
 
Additional Essential Functions
•    Ensure compliance with Northwest’s policies and procedures, and Federal/State regulations
•    Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency
•    Work as part of a team
•    Work with on-site equipment
 
Additional Responsibilities
•    Complete other duties and special projects as requested by management
 
Safety and Health for Supervisors with Direct Reports
•    Provide leadership and positive direction for maintaining the safety and loss prevention program
•    Actively participate in and support employee participation in the safety and loss prevention program by ensuring that employees know how to properly report a safety issue, making sure that all accidents are promptly reported to Human Resources and documented, and ensuring that prompt action is taken whenever workplace hazards are identified
•    Help implement emergency procedures
 
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
 
Education
Bachelor's Degree    Finance, Accounting or related degree And
Master's Degree    Finance, Accounting or Business Administration 
 
Work Experience
12 - 15 years    Accounting, Finance or related work experience And
8 - 12 years    Experience leading a business line/P&L And
8 - 12 years    Financial planning and analysis, accounting, strategic planning with financial services industry 
 
General Supervisory/Manager Knowledge, Skills, and Abilities
•    Ability to identify existing and potential problems, obtain and evaluate relevant information, identify possible causes of the problems, and suggest an alternative course of action including innovative or creative approaches  
•    Ability to allocate and effectively use information, personnel, time, and other resources necessary for implementation of Northwest’s strategic plans  
•    Ability to make decisions, render judgments, and take action on tasks within the scope of given authority in a timely fashion  
•    Ability to develop, evaluate, and implement alternative courses of action, based on correct assumptions concerning resources and guidelines, and support decisions or recommendations with data or reasoning  
•    Ability to present and express ideas and information effectively and concisely in an oral and/or written mode in a manner appropriate for the audience  
•    Ability to listen and comprehend what others are saying and facilitate the open exchange of ideas and information
•    Ability to motivate and provide direction in the activities of others, appropriately assigning work and authority, in the accomplishment of goals; providing advice and assistance as required    
•    Ability to understand and appropriately apply procedures, requirements, regulations, and policies; maintain credibility with others on specialty matters  

Additional Knowledge, Skills and Abilities
Ability to establish effective working relationships among team members and participate in solving problems and making decisions    
Ability to present and express ideas and information clearly and concisely in a manner appropriate to the audience, whether oral or written    
Ability to actively listen to what others are saying to achieve understanding, sharing information with others and facilitating the open exchange of ideas and information    
Ability to establish courses of action for self to accomplish specific goals, develop and use tracking systems for monitoring own work progress, and effectively use resources such as time and information  
Ability to make right decisions based on perceptive and analytical processes, practicing good judgment in gray areas    
 
Licenses and Certifications   
CFA              
CPA            

Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.