Title: Chief Financial Officer (CFO)
Reports to: President/ CEO
Supervises: Vice President of Accounting, Director of Finance
Status: Exempt

REQUIRED QUALIFICATIONS

• Thorough knowledge of financial and accounting practices and procedures of a financial institution
• Experience in Fixed Income Portfolio Management
• Understanding of governmental regulations and reporting requirements
• Competence in related auditing and risk management functions
• Understanding of Credit Union operations and information needs
• Ability to forecast economic trends and develop strategies to meet desired outcomes
• Ability to develop and execute plans
• Strong oral and written communication skills
• Excellent analytical abilities
• Solid organizational skills
• Effective supervisory and management skills
• Highly competent in the use of products contained within the Microsoft Office suite
• Well-developed interpersonal skills and strong ability to build and maintain effective relationships
• Commitment to ongoing professional development

DESIRED QUALIFICATIONS

• Advanced degree, CPA and/or CMA
• Financial services industry experience

EDUCATION AND/OR EXPERIENCE

• Bachelor’s degree in finance, accounting, or related field
• Ten or more years of related progressive experience
• Five or more years of experience as a controller or CFO
• Ten or more years of management experience
• CFA or equivalent certification

• Develops and implements effective financial strategies, objectives, policies, and procedures for the organization
• Assists Senior Management in developing short and long-term goals and objectives
• Manages the Credit Union’s investment portfolios in conjunction with established Asset Liability strategies, while executing securities and other investment purchases within policy limitations
• Leads the Asset and Liability Committee (ALCO) as well as the Loan and Share Committees
• Serves as a member of various organizational committees including:
• Enterprise Risk Management Committee, both at the Board and Management levels
• Charitable Giving Committee
• Finance Committee
• Technology Information Security Committee
• Effectively manages Credit Union risks including loan loss reserve, compliance, profitability, interest rates, and liquidity
• Ensures the effective preparation, maintenance, and reporting of internal and external financial records and analyses
• Develops the critical financial management information to improve key business decisions
• Ensures effective and efficient operations; conducting periodic reviews of existing systems, products, and procedures; provides recommendations regarding improvements in service delivery, processes, and equipment needs, which will further the Credit Union’s objectives
• Builds and sustains a highly capable and contributing leadership team consistent with the Credit Union’s culture and goals
• Establishes and maintains effective communication and coordination with Credit Union personnel, management, and the board of directors
• Ensures effective business relations with vendors, outside auditors and regulators, and with professional trade groups
• Assumes responsibility for related duties as required or assigned
• Performs all duties in a manner that is fully compliant with applicable industry regulations as well as KEMBA policy and procedures
• Develops an understanding of Credit Union history, philosophy, organization, policies, and operational procedures
• On a self-direct basis, continues to improve individual level of competency through training and certification on established educational programs
• Relates to others beyond giving and receiving instructions:
• Communicates with coworkers or peers without exhibiting behavioral extremes
• Performs work activities requiring negotiating, instructing, supervising, persuading, or speaking with others
• Responds appropriately to feedback
• Performs other duties as required