What are the responsibilities and job description for the Interim CFO Banking/Credit Union Industry position at Charles River CFO?
Job Description
Job Description
Salary :
Charles River CFO, Inc. is seeking to add experienced CFO leaders to our database for upcoming client engagements in the banking / credit union industry. If you are a seasoned CFO with credit union / banking experience, this could be the right fit for you. When a client signs on with CRCFO, they normally have an immediate need. Assignments could be part-time, full-time, remote, hybrid, interim, or temp-to-perm. If you are currently consulting, retired, or just looking for additional income, this could be the opportunity for you.
The CFO will be responsible for managing the operational accounting of client community banks & credit unions, providing timely and accurate financial and regulatory reporting to the appropriate regulatory agency (FDIC / FFIEC, NCUA, and The Federal Reserve Bank), and ensuring general ledger accounts are reconciled on a timely basis.
Key Responsibilities :
Lead clients financial operations
Build solid relationships with constituents
Develop, implement, and enhance financial reporting and other business systems
Provide high-quality financial advice, experience, and analysis
Ensure regulatory compliance
Experience & Qualifications :
Bachelors Degree in Accounting or Finance, or a similar field
CPA with Big 4 experience preferred
Experience in the banking / credit union industry
Progressive experience in senior finance leadership roles
Ability to analyze complex situations, identify key issues, and solve problems
Knowledge in share draft, ACH, and deposit clearing
Knowledge of back-office banking procedures
Knowledge of NCUA, IRS, and Federal Reserve Bank Reporting
About Us :
Charles River CFO, Inc. is a premier FAO (Fractional, Interim, Outsourced), firm serving companies since 2003, across the life sciences, high technology, manufacturing, professional services, and nonprofit sectors. Our clientele includes publicly traded entities, middle-market firms, and venture-backed emerging growth companies. We provide a comprehensive suite of services, including financial leadership for strategic transactions such as IPOs, mergers and acquisitions, and divestitures, as well as financial management, cloud accounting, and tax services. For start-ups and emerging companies, we offer a complete accounting and finance function, while for large multinational corporations, we augment existing capabilities.
We specialize in delivering top-tier fractional, interim, and outsourced financial leadership and services. Our team of seasoned CFOs, accountants, tax experts, and HR professionals is dedicated to driving strategic growth and ensuring financial stability for our clients.
With a profound understanding of the unique challenges and opportunities in the life sciences industry, we provide tailored solutions from early-stage start-ups to established companies navigating critical transitions. Our commitment to excellence, innovative thinking, and a collaborative approach ensures our clients receive the highest level of service and support.
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