Chief Financial Officer

Description

Employment Type: Full-Time, Hybrid #LI-HYBRID

What you should know about the role

The Chief Financial Officer assists the President/CEO in the oversight of the financial activities of the credit union, directs the preparation of current financial reports and summaries, and create forecasts predicting future growth. The CFO position is responsible for treasury, budgeting, tax, accounting, asset and liability management, and financial control activities. The CFO position plans, directs, and controls the organization's overall financial plans and policies, and accounting practices. This position develops and coordinates necessary and appropriate accounting and statistical data and reports. The CFO counsels management on fiscal control and profitability. The CFO is responsible for the fair measurement and presentation of the company's financial results and condition under U.S. GAAP, and for the safeguarding and optimum use of the organization's assets in order to maximize return.

The CFO directs Accounting, Business Reporting, and Finance, providing leadership, training and supervision while ensuring compliance with company policies and procedures, applicable state and federal banking regulations and laws. The CFO manages an expanding team of high-level professionals. This position must be focused on meeting operational and strategic goals as well as the professional growth, development and success of their team members.

One of the most essential functions of this position is to drive the credit union’s mission. This is accomplished by providing outstanding service to both internal and external members by demonstrating the core values of the credit union: Act with Integrity, Drive Progress, Build & Strengthen Relationships and Keep People at the Core.

What you should know about Advia

Advia is a fast-growing Credit Union that is positioned in the top 3% of credit unions across the United States. We serve almost 200,000 members with assets over $3 Billion. We offer very similar product and services as the big banks with a focus on saving our members money while providing financial advantages. We are rooted in our communities and believe we have a responsibility to give back outside of our four branch walls through volunteering and charitable donations. The work environment at Advia is fast-paced, performance based, and fun infused. We certainly live by the saying "work hard, play hard." As an employee of Advia, you can expect regular and constructive feedback, development opportunities, great benefits, excellent co-workers and engaged managers.

Major Duties and Responsibilities

• Manages direct reports to maximize productivity, efficiency, and the potential of the human assets of the company, including hiring, directing job assignments, monitoring staff performance, coaching, counseling, training, assuring compliance with regulatory requirements and organizational mission, values, policies and work rules. Appraise performance and provide recommendations for staff compensation, promotion, and termination, as appropriate.
• Oversees budget planning, preparation and administration processes to control operating expenses and achieve the company’s strategic objectives.
• Manages and optimizes the investment and borrowing portfolios of Advia Credit Union in order to achieve above average earnings and safeguard the assets of the financial institution for the membership.
• Monitors interest rate, credit and portfolio risk status and set limitations as required for Asset/Liability Management. Identify ways to reduce interest rate risk and sensitivity. Provide detailed ALCO and Investment reports to Board and Executive Management. Updates the ALM policy in accordance with the NCUA rules and regulations.
• Proactive outreach and engagement with the community. This could include utilizing Advia volunteer hours, serving on committees or boards, or other situations that help support Advia's core values and social mission.
• Responsible for the leadership team managing the Analytics team. This team supports all of the analytics needs of Advia CU. This may include recommending marketing activity, increasing market expansion and managing product and service delivery products. This position directs quantitative and qualitative research efforts using statistical methodology and studies to conduct analysis of programs, products and services offered, market potential, competitive intelligence, member satisfaction and industry standards to recommend sales goals and to help drive progress.
• Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control. Additionally, all employees