Job Details

Role:

To direct the financial affairs of the Credit Union; to establish major economic and financial objectives and policies for the Credit Union

Essential Functions & Responsibilities:

Oversees data processing and accounting departments; hires trains, directs, and evaluates employee performance within the departments; approves promotions, transfers and salary adjustments.

Oversees and directs Treasury, budgeting, audit, tax, accounting, purchasing, real estate, and insurance activities.

Prepares financial reports; ensures complete and accurate financial, statistical, and accounting records of the Credit Union.

Directs the Credit Union's investment activities as custodian of funds, securities, and assets of the organization; promotes the Credit Union in financial markets to ensure sources of capital.

Formulates and executes investment policy; prepares financial forecasts.

Works with auditors/examiners on year-end and comprehensive audits.

Develops new business relationships with prospective customers and maintains or increases business with current key customers by making personal contacts.

Reviews operational procedures to obtain optimum efficiency and reduced costs.

Writes, reviews, and distributes financial policy and procedure statements to ensure regulatory and policy compliance.

Implements and reviews risk management initiatives.

Analyzes department budgets and allocates operating budget.

Oversees reporting to regulatory authorities and to the Board.

Provides safekeeping, control, and accounting for assets and securities.

Directs preparation and evaluation of budgets and capital plans; directs receipt, disbursement, and expenditures of money or capital assets.

Performs other job related duties as assigned.

Performance Measurements:

Performance Measurements are not assigned.

Knowledge and Skills:

Experience

Five to ten years of similar or related experience.

Education

(1) A master's degree, or (2) a bachelor's degree plus professional certification (e.g., CPA).

Interpersonal Skills

Work involves motivating and influencing other leaders and stakeholders to accomplish key organizational objectives. External contacts are vital, not only for the success of the position, but the success of the organization overall. Work involves making material presentations to the Board of Directors, community leaders, and business leaders.

Other Skills

1. Requires a degree in Business Administration, Finance, or Accounting.
2. Excellent analytical skills, people skills, and self-direction are required.
3. Must be proficient with PC accounting, spreadsheet, and word processing software.
4. Background in bank data processing systems preferred.