What are the responsibilities and job description for the Controller/VP Finance position at CHROME Federal Credit Union?
Who are we?
We make banking simple -- from smart, innovative technology to exceptional service, we create personalized experiences that surprise and delight members every day. We are more than just someplace to bank, we invest in WOW moments. As a financial cooperative, our focus is on serving our approximately 14K member-owners and not on maximizing profit for investors.
Role
Directs the establishment and maintenance of the organization's accounting principles, practices, and
procedures for the maintenance of its records and the preparation of its financial reports. Directs general
and property accounting, cost accounting, and budgetary control. Appraises operating results in terms of costs,
budgets, operating policies, trends, and increased profit opportunities.
Job Duties
Prepare and/or oversee the production of various quarterly and annual reports, Quarterly Call Report, ad hoc reports and studies, etc. and assist in preparations and response to questions tied to the annual audit and exam to support the efficient operations of the company.
Manage, train and supervise department staff. Assign, direct, coordinate and review work performed by staff. Manage & train direct reports to maximize productivity, efficiency and the potential of the human assets of the company, including: hiring, directing job assignments, monitoring staff performance, coaching, counseling, training, assuring compliance with regulatory requirements and organizational mission, values, policies and work rules.
Appraise performance and provide recommendations for staff compensation, promotion, and termination, as appropriate. Manage direct reports to assure compliance with regulatory requirements. Provide
recommendations for staff compensation, promotion, and termination, as appropriate.
Direct the development and monthly review of financials to assure accurate and timely financial information is provided to management and the Board of Directors to effectively manage the operations and be accountable to its members and regulatory agencies.
Accurately produces all monthly and quarterly reports on a timely basis. Prepares monthly / quarterly loan delinquency reports. Prepares the quarterly consolidated financial statements and call report. Prepares the monthly interest margin report, ratio reports, income statements, balance sheets and monthly budget variance reports for management and the Board of Directors. Prepares the annual report. Directs the annual budget process. Prepares the collateral reports for the Federal Home Loan Bank.
Develops and maintains professional knowledge of and ability to understand and implement banking regulations and GAAP in the Banking industry.
Knowledge and Skills
EXPERIENCE
5-10 years of similar or related experience
Prior banking experience required
EDUCATION/CERTIFICATIONS/LICENSES
A four year college degree required
INTERPERSONAL SKILLS
The ability to motivate or influence inside or outside senior level executives is a critical part of the job, requiring a significant level of influence and trust. Obtaining cooperation and agreement on important outcomes via
frequently complex, senior level dialogue, as well as a professional level of written communication skills are
essential to the position.
What we offer:
Our CHROME branches are state of the art facilities designed to stimulate a conversation rather than perform mundane financial transactions. You will work with others that have the same passion to help and drive to succeed. Benefits include paid time off, volunteer time off, banking holidays, birthday holiday, medical, dental and vision health coverage.
Washington area-hybrid
Salary : $100,000 - $110,000