Purpose:
The CFO establishes, coordinates, and maintains the accounting and financial
systems of the Bank, and its holding company. The CFO develops relevant policies and
procedures related to their area of responsibility. The CFO is responsible for four
functional areas including Accounting, Funds Management, Financial Reporting, and
Administration. These areas encompass accounting systems, account reconcilement,
financial reporting, regulatory reporting, tax compliance, cost accounting, financial
analysis, purchasing, risk management, liquidity, a/l management, accounts receivable,
accounts payable, and ancillary administrative services.
In addition to the specific duties listed below, the CFO performs all other related
duties as assigned. The listed duties will include but are not limited to

Essential Duties:

• Improve processes within their area of responsibility.
• Maintains the integrity of the accounting system along with best practices.
• Responsible for the timely preparation of fiscal and regulatory financial reports.
• Responsible for remaining current on GAAP, regulatory, and tax accounting

issues.

• Work with senior management in the development of a strategic plan document,

budgets, and forecasts along with action plans to achieve stated objectives and

goals.

• Responsible for the preparation, verification, and accuracy of monthly

Performance Statements in accordance with agreed upon performance standards.

• Responsible for preparation, verification, and accuracy of overall financial

reporting in accordance with agreed upon performance standards.

• Perform key financial stress tests on a periodic basis. Report on results to

management and the Board.

• Responsible for managing the ALCO process and preparing key reports.
• Primary responsibility for cost control through monitoring, challenging, and

consulting.

• Responsible for negotiating vendor contracts.
• Responsible for maintaining the Stakeholder and other performance measurement

systems.

• Responsible for recommending and maintaining appropriate risk insurance

coverage.

• Interprets financial reports as to exceptions, variances, trends, etc.
• Ability to communicate effectively with external auditors and regulators.
• Responsible for supervising the Funds Management activities and working with

the ALCO committee in setting policy and associated activities and reports with

the investment portfolio.

• Evaluate current practices and strategic alternative in setting objective and

developing mechanisms to monitor and manage related risks to mitigate various

risks to assure ongoing business continuity.

• Facilitate effective response to interrelated impacts and intergraded responses to

multiple risks.

• Endure effective reporting and compliance with laws and regulations
• Work to create a culture that understands risk and risk-management practices

through educational programs and training process for members of the Board,
management, and entity-wide personnel.
Job Requirements:

Knowledge, Skills, and Abilities:

• Possess an in-depth knowledge of regulatory issues.
• Possess an in-depth knowledge of investments and the asset/liability management

process.

• Demonstrates the ability to understand computer systems.
• Possesses a high degree of interpersonal and organizational skills.
• Possesses the ability to communicate effectively, both orally and in writing.
• Possesses the ability to supervise and direct the work activity of others.
• Other areas of the Bank that may include lending and administration.
• Strong knowledge of the best practices of risk management

Competencies:

• Business Acumen
• Integrity & Trust
• Managing & Measuring Work
• Process Management
• Drive for Results

Experience Requirements:

• Eight to ten years’ work experience.
• Five to seven years of bank-related experience, or equivalent

Education/Training Requirements:

• Master’s degree, CPA, or CMA, or equivalent work experience.
• Maintains job proficiencies and professional licensure through attendance to

periodic seminars, training sessions, and other career enhancing activities.

Computer Skills/Equipment Used:

• General office equipment (computer, printer, fax, copy machine), scanner, adding

machine, calculator.

• Computer knowledge in a Windows environment.
• Basic knowledge of Microsoft Outlook, Excel and Word.

Physical Abilities:

• Reasonable accommodations may be made to enable individuals with disabilities

to perform the essential functions.

• While performing the duties of this job, the employee is regularly required to talk,

hear, stand and use hands to grasp, manipulate or feel objects. The employee is
frequently required to walk, and occasionally required to sit, stoop, kneel, crouch

or crawl, climb or balance and reach with hands and arms.

• May be required to lift, carry or move and position items weighing up to 25 lbs. as

necessary.

• Specific vision abilities required by this job include close vision, distance vision,

peripheral vision, depth perception, and the ability to adjust focus.

• Requires daily work on a computer for 6 hours or more viewing the screen and

fingering the keys.

• Ability to move about the branch to access file cabinets, office machinery, etc.
• Able to work in a fast-paced, multi-tasked environment.

Job Type: Full-time
Pay: $75,000.00 - $125,000.00 per year
Work Location: In perso

Essential Duties:

• Improve processes within their area of responsibility.
• Maintains the integrity of the accounting system along with best practices.
• Responsible for the timely preparation of fiscal and regulatory financial reports.
• Responsible for remaining current on GAAP, regulatory, and tax accountin

to perform the essential functions.

• While performing the duties of this job, the employee is regularly required to talk