The Chief Financial Officer is responsible for all financial and accounting functions for the bank by performing the following duties personally or through subordinate managers. The CFO is responsible for the direct supervision of the Controller and the indirect supervision of all employees in the Accounting and Finance departments.
Key job functions:
Plan, develop, organize, implement, direct, and evaluate the organization's fiscal function and performance.
Participate in the development of the corporation's plans and programs as a strategic partner.
Evaluate and advise on the impact of long-range planning, introduction of new programs/strategies and regulatory action.
Develop credibility for the finance group by providing timely and accurate analysis of budgets, financial reports, and financial trends to assist the CEO, President, the Board, and other senior executives in performing their responsibilities.
Enhance and/or develop, implement, and enforce policies and procedures of the organization by way of systems that will improve the overall operation and effectiveness of the corporation.
Establish credibility throughout the organization and with the Board as an effective developer of solutions to business challenges.
Provide technical financial advice and knowledge to others within the financial discipline.
Continual improvement of the budgeting process through education of department managers on financial issues impacting department budgets.
Provide strategic financial input and leadership on decision making issues affecting the organization, i.e., evaluation of potential alliances acquisitions and/or mergers and pension funds and investments.
Be an advisor from the financial perspective on any contracts into which the corporation may enter.
Evaluate the finance division structure and team plan for continual improvement of the efficiency and effectiveness of the group as well as provide individuals with professional and personal growth with emphasis on opportunities (where possible) of individuals.
Meets with direct reports regularly and provides coaching if necessary.
Maintain an in depth knowledge of all products, services, equipment, internal controls and policy and procedures.
Administer policies and procedures and ensure compliance with applicable laws and regulations relevant to accounting/finance.
Review and provide guidance, coaching and education based on the results of independent control assessments and audits.
Cultivate a culture which aligns with both the strategic and operational plans and objectives of the Bank.
Consistently promotes the bank and maintains positive relationships with customers, potential customers, the community, vendors, and staff.
Oversees the purchasing function.
Protect the bank’s information technology (IT) systems and data by complying with technology policies.
Annually participate in budgeting process for area(s) of responsibility.
Prepare and provide requested documents for audits or examinations when requested.
Leadership team responsibilities.
Other duties as assigned.
Previous managerial/supervisory experience.
Strong analytical and business judgment skills.
Ability to prioritize tasks or projects, identifying the most critical, to meet expectations and deadlines.
Ability and commitment to maintain strict confidentiality.
Strong communication skills, including written, verbal, and coaching.
Banking industry experience preferred.
Excellent organizational and computer skills.
Excellent interpersonal skills.
Education and Experience:
Bachelor’s degree required and/or 10+years of related experience and/or training; or equivalent combination of proven education and experience.