What are the responsibilities and job description for the SVP & Chief Financial Officer position at Sawyer Savings Bank?
We are seeking an experienced and visionary Chief Financial Officer to join our leadership team. As the CFO, you will be responsible for overseeing all financial aspects of the organization, providing strategic guidance, and ensuring the company's financial health and stability. The ideal candidate will have a strong background in financial management and a proven track record of success in a corporate finance environment.
Education and/or Experience Requirements:
- C.P.A. and/or BA/BS Accounting or Finance
- 5 years previous banking or financial services management experience to include budget and supervisory responsibilities.
Responsibilities:
- Guides and directs all activities of the Finance Department and oversees all activities of the Enterprise Risk Office.
- Responsible for implementing and coordinating the accounting system to include customer and product cost accounting.
- Directs the Finance staff in month-end closing of the books.
- Oversees the Bank's securities portfolio to include collection of investment and economic information, forecasting and investment of funds as necessary. Supervises the investment of the Bank’s daily cash position.
- Responsible for preparation of the annual Plan including monitoring the Bank’s performance against the established plan. Responsible for developing and implementing short and long-range financial forecasts, plans, and policies.
- Responsible for collection and compilation of information in preparation for Regulatory exams, annual audits, and tax preparation.
- Responsible for the timely and accurate preparation of internal and external financial statements and reports as required by the Board, other departments, and external agencies.
- Monitor effectiveness of the bank’s const control programs.
- Chairs internal committees for Pricing, ALCO, and IT Steering
- Compile and analyze data for quarterly Interest Rate Risk Management and Liquidity modeling.
- Prepare quarterly analysis of adequacy of Allowance for Credit Losses using model(s) approved by the accounting/regulatory authorities. Ensure ACL levels are adequate.
E.O.E. M/F/D/V