The Chief Financial Officer (CFO) is responsible for the development, implementation, and maintenance of accounting practices that result in providing a comprehensive accounting system, and for related support functions. This individual in the credit union CFO role also provides counsel to the President/CEO and Board of Directors regarding the credit union’s internal accounting, financial and asset/liability management operations.
By performing the following duties personally or through subordinate staff ensures that all accounting records, policies, and procedures are in accordance with generally accepted accounting principles.
CREDIT UNION CFO ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.
PERFORMANCE STANDARDS: Financial statements and all supporting information must be accurate, in balance, prepared on a timely basis, and in accordance with generally accepted accounting principles and applicable regulation. Must be able to communicate well with subordinates and other credit union employees and demonstrate leadership ability. A professional attitude and appearance is vital to the success of this position.
CREDIT UNION CFO EDUCATION and/or EXPERIENCE: A college degree in accounting, finance or business plus a minimum of five years of progressively responsible work experience; preferably in a bank or credit union, or equivalent combination of education and experience. The ability to lead and supervise others is required. Must have excellent written and verbal communication skills and communicate effectively with management, staff and members of the Board of Directors. Understanding of audit functions and procedures and related regulations.
LANGUAGE SKILLS: Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, Board of Directors, members, and the general public.
MATHEMATICAL SKILLS: Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
REASONING ABILITY: Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
OTHER SKILLS and ABILITIES: Ability to operate a personal computer including a full working knowledge and ability to utilize the following software programs:
PHYSICAL DEMANDS: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
While performing the duties of this job, the employee is regularly required to sit. The employee frequently is required to use hands to finger, handle, or feel objects, tools, or controls and talk or hear. The employee is occasionally required to stand and walk.
The employee must occasionally lift and/or move up to 50 pounds.
WORK ENVIRONMENT: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. The noise level in the work environment is usually moderate.
Our Credit Union is an Equal Opportunity Employer
Job Type: Full-time
Our hands-on financial services executive recruiters have experience working with both banks and credit unions. Clients typically have assets over a billion.
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