What are the responsibilities and job description for the Vice President Finance/CFO position at Achieve Financial Credit Union Inc.?
About the Company - Achieve Financial Credit Union is a community financial institution that focuses on providing personal financial services to individuals and families who work or live in the Hartford and New Haven counties. Its core mission is to improve the financial lives of its members.
About the Role -
Oversees finance and accounting departments; prepares or oversees preparation of all financial, statistical, and accounting records and reports of the Credit Union; ensures records and reports are complete and accurate. Oversees the Credit Union's technology, information security and business continuity. This includes core system, networks, telecommunications and all business technology equipment. Ensures policies and procedures are in place related to system security, user controls and disaster recovery preparedness. Oversees required reporting to regulatory authorities, tax entities, Board of Directors and other parties.
Responsibilities -
- Directs preparation and evaluation of budgets and capital plans; analyzes budget variances and produces reports and recommendations to Management. Prepares or oversees preparation of all financial, accounting and statistical analysis for Management on Credit Union operations and products/services.
- Directs Credit Union's Asset/Liability Management by developing policy and operating procedures that assure the credit union maintains sufficient levels of capital, liquidity and pricing spreads. Maintains Credit Union's ALM software; produces financial simulations and reports for ALCO and Management that measure risks and aid in decision making.
- Formulates and executes investment policy; ensures compliance with applicable laws/regulations; directs the Credit Union's investment activities as custodian of funds, securities, and assets of the organization. Provides safekeeping, control and accounting for assets and investments.
- Oversees vendor management program to ensure vendor contracts, due diligence and service levels are all within Credit Union policy and operational protocols.
- Implements and reviews risk management initiatives; directs receipt, disbursement, and expenditures of money and or capital assets; provides safekeeping, control and accounting for Credit Union assets.
- Works with CIO to supervise and manage company's information technology department. Directs initiatives to safeguard information data security by ensuring business continuity and cybersecurity preparedness. Prepares risk assessments and reports covering data security.
- Serves as Bank Secrecy Officer and ensures the Credit Union's BSA Program is compliant and effective.
- Serves as Security Officer and provides support and assistance with general facilities management.
Qualifications - A bachelor's degree in accounting or finance is required. A master's degree not required but a plus. Certified Public Accountant designation not a requirement but a plus.
Required Skills - Proficient written and oral communication skills; proficiency with using Microsoft Excel and other Office 365 tools; sound analytical skills and, the people skills to manage, motivate and lead others.
Preferred Skills - Fostering relationships with business contacts such as State regulators, external auditors and company vendors.
Equal Opportunity Statement - Achieve Financial Credit Union is an equal opportunity employer.