Spero Financial Federal Credit Union Looking for Vice President Of Finance at Greenville, SC, United States Full Time

Job Description

Role:

Responsible for directing, coordinating, maintaining, and controlling the financial functions of the Credit Union. Participates in establishing and implementing major goals and objectives of the Credit Union; serves as a resource in all financial aspects. Oversees budgeting, general ledger, accounts payable and receivable, asset and liability management, capital expenditures, and the investment of Credit Union assets. Ensures the accurate internal and external recording and reporting of financial transactions to state and federal regulatory agencies. Directs and manages company fiscal functions in accordance with generally accepted accounting principles (GAAP) and current regulations.

Essential Functions & Responsibilities:

• Establishes the development and implementation of financial information and control systems, including ALM, general ledger, budgeting, accounts payable, and other subsystems, the operations, policies and procedures of these systems to protect Credit Union assets
• Establishes appropriate goals and objectives for various risk categories including credit volume, interest rates, liquidity levels, and pricing structures; identifies and measure the effect of related risk factors on the Credit Union; assists upper levels of management in evaluating and determining risk levels
• Oversees development and preparation of daily, monthly, annual and other periodic financial statements and reports; ensures that records and reports are in accordance with generally accepted accounting principles and government regulations; ensures that external document submissions and filings are accurate and timely.
• Provides strategic financial leadership for the Credit Union’s asset liability management and investments
• Builds, develops and manages the finance team, coordinates functions with other departments to carry out strategic objectives and initiatives
• Recommends and leads efforts to improve financial performance of the Credit Union.
• Stays abreast of trends, GAAP practices, and regulations to ensure effectiveness and compliance for the finance functions
• Performs other job related duties as assigned

Performance Measurements:

• To enthusiastically support the Vision, Mission and Core Values of the Credit Union
• To actively lead the Credit Union’s Financial functions
• To adhere to policies, procedures, compliance, safety, security, Cyber-security, Generally Accepted Accounting Principles, and regulations as they relate to the job and work assignments
• To ensure Finance Department activities and functions are conducted in accordance with Credit Union policies and procedures and established state and federal standards, law, and regulations; appropriate department policies and procedures are developed and updated as needed
• To maintain a highly qualified staff, sufficient to meet the daily demands of the department
• To inform management of key financial issues and trends affecting the Credit Union
• To travel periodically as needed
• Financial and accounting statements, records and reports must be accurate and timely; management is provided with useful and informative reports and data; the Credit Union’s financial position is accurately conveyed; to safeguard the confidentiality of credit union information and assets
• To maintain positive business relations with colleagues, business contacts, auditors, government officials, trade professionals, volunteers and members

Knowledge and Skills:

Experience: Eight to ten years similar or related experience

Education: Equivalent to a college degree in Accounting, Finance or related business degree, plus a CPA or graduate degree in accounting, finance or related

Interpersonal Skills: Work involves extensive personal contact with others and is of a personal or sensitive nature. Motivating, influencing, and/or training others is key at this level. Outside contacts become important and fostering sound relationships with other entities (companies and/or individuals) becomes necessary and often requires the ability to influence and/or sell ideas or services to others

Other Skills:

• Must have strong management and leadership skills
• Must possess excellent communication skills
• Excellent knowledge of regulations and laws applicable to the job function
• Advanced skills and knowledge in financial management, technical capacity, performance management, business acumen, ethics, leadership, problem solving and analysis, and strategic thinking.

May require overnight and daily travel to branches, meetings and/or conferences