Chief Financial Officer

Join our respected community bank as Chief Financial Officer. As part of our leadership team, you'll work in an environment where community values and banking excellence intersect, with a culture that prioritizes both employees and giving back to the communities we serve. We offer competitive compensation and a small relocation stipend to help with your transition to our beautiful region.

• Establish, coordinate and maintain effective accounting and financial systems, procedures and controls.
• Manage external reporting.
• Assist or direct development of budgets and planning; manage Bank’s bond and investment portfolio.
• Serve as liaison with auditors and regulatory bodies as it relates to accounting, ALCO and insurance.
• Consolidate financials of the Bank and Holding Company.
• Strategic Planning and Financial Management
• Maintain responsibility for the development of the strategic plan and contribute in the areas of financial projections, liquidity and capital planning.
• Lead strategic level oversight, analysis and proactive problem solving as it
• concerns financial matters.
• Establish and maintain fiscal policies and adequate internal control system to protect assets and integrity of operations.
• Work cooperatively with management team to develop and implement plans to maintain a strong financial position while achieving goals.
• Analyze and identify areas in which expense reductions can be made and revenues can be enhanced.
• Forecast capital requirements in order to maintain desired capital ratios.
• Business Planning, Budgeting, Reporting and Analysis
• Ensure that financial reporting practices are in compliance with generally accepted accounting principals; serve as liaison with independent auditor.
• Lead annual budgeting and monthly forecast processes.
• Prepare, analyze, and present regular, accurate and timely financial reports to ensure that Senior Management and Board are informed of plans, opportunities and results.
• Responsible for and oversee all financial reporting for Bank and Holding Company.
• Project interest rate trends for budgeting and management of rate sensitivity gap.
• Perform detailed statistical analyses on individual income and expense items to identify the basis for deviations from budget and review results with Senior Management.
• Review and assess financial impact of major projects and/or capital expenditures.
• Compile requested information and reports for Accounting/ALCO audits and Bank examinations. Work with Senior Management on responses and resolve any issues.
• Prepare and certify call reports, federal regulatory reports and review and stay abreast of new federal regulatory requirements.
• Oversee all aspects of daily, monthly and annual general accounting functions.
• Settle bank correspondent accounts on a daily basis.
• Review rental leases and calculate CAM annually.
• Review and approve accounts payable invoices prior to payment.
• Maintain GL structure and establish cost centers and allocations.
• Responsible for reviewing and maintaining appropriate insurance policies.
• Negotiate and maintain Bank contracts.
• Serve as a back-up for accounts payable and payroll processing.
• Responsible for monitoring the Bank’s liquidity and making recommendations.
• Maintain Investment Policy and manage investment portfolio. Monitor and recommend investment options and exercise judgment within committee regarding investment decisions.
• With the CEO’s approval, responsible for establishing and maintaining lines of credit for Bank and Holding Company.
• Keep abreast of current trends in banking by regularly reading appropriate periodicals, preparing summary memos for Management.
• Adhere to state laws and governmental regulations, including Consumer Protection Regulations, Bank Secrecy Act and Community Reinvestment Act compliance.
• Other duties as needed or assigned by management.

Qualifications

• Bachelor’s Degree in Business Accounting or Finance.  MBA in Finance is desirable or Certified Public Accountant or Certified Management Accountant designations.  Based upon credentials at time of hire, it is expected by management that the employee maintain their earned designations and/or certifications throughout the term of their employment.
• Ten years’ experience in a finance/accounting position, three-five years’ experience in bank finance, and familiar in all aspects of the accounting cycle through financial statements.
• Advanced working knowledge of Microsoft Excel.
• Attention to detail and accuracy with ability to work well under pressure.
• Must exercise initiative and alertness.
• High level math, analytical and problem-solving skills.  
• Strong organizational skills and ability to establish priorities and meet timelines.
• Good written and oral communication skills. 
• Supervisory and team management skills. 
• Ability to effectively present information to board of directors, management, regulatory agencies, and business community.