VP, Finance

Due to an upcoming retirement, Smith & Wilkinson is proud to partner with Lighthouse Credit Union on the search for their next VP, Finance.

About the Company:

Founded in 1936 and federally chartered, Lighthouse Credit Union is a not-for-profit financial cooperative based in Dover, NH, serving over 165,000 members across New Hampshire and Maine. With total assets exceeding $1.9 billion, the credit union is committed to providing its members with accessible, member-focused financial services that foster both personal and community growth. Lighthouse offers a wide range of products, including checking and savings accounts, loans, and financial planning services.

Beyond banking, the credit union is deeply invested in its communities, supporting initiatives in affordable housing, health, and food security. With a strong financial foundation, boasting a net worth of $208 million and a capital ratio of 10.88%, Lighthouse continues to lead with a mission of making a meaningful impact through both member service and social responsibility.

About the Role:

Reporting to the CFO, the VP, Finance will lead and manage the Credit Union’s Accounting and Finance functions. Responsibilities include, but are not limited to, overseeing general ledger reconciliations, accounting systems, monthly close procedures, daily cash position management, allowance for credit loss analysis, compliance with GAAP, budgeting, forecasting, financial reporting, and strategic financial planning. This role is integral in partnering with leaders across the organization to provide insights and drive data-driven decision-making. The VP, Finance will lead the Accounting and FP&A teams and offer ongoing financial guidance to the leadership team.

Other Job Specifications:

• Project Management: Develops project plans; coordinates projects; communicates changes and progress; completes projects on time and budget; manages project team activities as needed.
• Strategic Thinking: Develops strategies to achieve organizational goals; understands CU's strengths and weaknesses; analyzes market and competition; identifies external threats and opportunities; adapts strategy to changing conditions.
• Problem Solving: Identifies and resolves problems in a timely manner; gathers and analyzes information skillfully; develops alternative solutions; works well in group problem solving situations; uses reason even when dealing with emotional topics.
• Leadership: Demonstrates self-confidence and instills confidence in others; motivates and encourages peak performance; skillfully influences others' actions and perspectives; earns respect and trust; welcomes feedback and uses it for growth; offers clear vision and inspiration to both peers and subordinates; recognizes others' contributions appropriately; exhibits enthusiasm and optimism; empowers others to achieve the shared vision; mentors and develops the risk management team.
• Teamwork: Balances individual and team responsibilities; remains objective and open to others' perspectives; both gives and welcomes constructive feedback; fosters a positive team dynamic; prioritizes the team's success over personal interests; builds morale and strengthens commitment to shared goals; supports the success of all team members; acknowledges and celebrates the achievements of others.

This is a hybrid role, balancing between working in the office and remotely to best support individual success.

Requirements:

• 10 years of progressive experience in Finance, with at least 5 years in a leadership role.
• Bachelor's Degree or equivalent in Accounting or Finance. Master's Degree preferred.
• Proficiency with accounting and financial software.
• Monarch data extraction of similar product experience preferred.
• Travel will be required for ongoing training, meetings, and/or other business needs.

If this opportunity is of interest, or if you know someone who may be a good fit, please don’t hesitate to reach out to Nathan Townsend or Darcy Flaherty for additional information.