Chief Financial Officer
Kellogg Community Credit Union
2024-11-18 20:50:11
Battle Creek, Michigan, United States
Job type: fulltime
Job industry: Accounting
Job description
Description:
Kellogg Community Credit Union has an exciting opportunity for an innovative and professional financial leader to join the team as Chief Financial Officer within our current marketplaces, with a flexible schedule! The Chief Financial Officer will report directly to the CEO while being a key collaborative member of the senior leadership team. This position will direct and lead the organizations overall financial plans, policies, accounting practices, investment strategies, and more.
The ideal candidate will have demonstrated proficiency in the areas of corporate finance, accounting, investment strategies, information systems, accounting principles, and financial regulations. Excellent communication skills, written and oral, along with the highest levels of integrity and trust are of the utmost importance.
Responsibilities:
Manages cash, investments, and liquidity in accordance with board-established policies, Asset Management Liability (AML), and prudent financial management practices.
Monitors and evaluates the adequacy of the Allowance for Loan Loss (ALL) and makes recommendations to the CEO and Board of Directors for adjustments to the level.
Reviews reports to analyze projections of income and expenditures against actual figures and suggests methods for improving the planning process as appropriate.
Develops and maintains a system of internal controls and financial procedures to provide for the safety and soundness of assets throughout the organization.
Monitor and report to the CEO and Board of Directors on financial performance of the Credit Union. Researches and makes recommendations for improvements in performance and investments that match desired risk and returns.
Ensure compliance with State and Federal rules and regulations. Coordinate and work with examiner and auditors as appropriate.
Assesses and analyzes new opportunities, including calculating ROI, cost benefits analysis and implications for mergers, new equipment, or technology, staffing additions, new locations, etc.
Reinforces continuous collaboration and respectful communication between all departments by promoting strong, positive, and productive working relationships through the commitment to the Credit Union's core values, vision, and mission statements.
Provides accurate and timely financial and ACO statements to the Board of Directors. Delivers useful and informative reports and data. Ensures the Credit Union's financial position is accurately stated. Regularly reviews data analytics reports for accuracy and validity.
Ensures compliance with the Bank Secrecy Act.
Performs other job related duties as assigned
Requirements:Ten to fifteen years related experience
Bachelors degree in related field
CPA, CFA, CMA or MBA preferred
Proven leadership skills and a passion for the credit union industry is a must!
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