Transportation Federal Credit Union Hiring for Chief Financial Officer – VP of Finance Job at Alexandria, VA Full Time

Transportation Federal Credit Union

The Chief Financial Officer (CFO) position reports to the Chief Executive Officer (CEO), and works with and is part of senior management team to define organizational and strategic goals in conjunction with Board of Directors (BOD). Develops and maintains accounting information according to generally accepted accounting principles (GAAP) concerning income, expenses, assets, liabilities and capital as a basis for management planning and decision-making, and for fulfilling financial reporting requirements.

Responsible for the management of various organizational functions, including financial reporting, accounting, investments, annual budget, asset/liability management, risk management, and collections.

Reports To: President / CEO

Key Responsibilities

Leadership

• Directs activities of the departments for which responsible, in accordance with Credit Union policy and objectives. Ensures availability of competent, qualified personnel for key positions within the credit union.
• Maintains a cohesive, highly trained and motivated staff, sufficient to meet the needs of the Credit Union.
• Completes performance reviews within the prescribed time frame; notes observations of employee performance into Threads, as well as, give and receive feedback from employee on the same at least quarterly.

Finance, Budgets & Accounting

• Directs the financial affairs of the Credit Union, ensuring complete/accurate financial statistical, and accounting records; oversees reporting to regulatory authorities and the Board; prepares and monitors the annual Operating Budget; directs the Credit Union’s investment activities; directs and monitors the credit union’s risk position by utilizing sound ALM practices and reporting.

Financial Analysis & Strategy

• Assists the CEO in preparing short‑term and long‑range plans. Establishes a budget of operations and insures that budgeted goals are achieved and cost objectives are met.
• Develops recommendations for cost efficiencies and enhancements to products, pricing, and processes by monitoring trends in operations.
• Makes a significant contribution toward meeting the Credit Union’s operational and financial goals and objectives.

Procedures & Compliance

• Formulates and recommends operating policies and objectives or changes in existing policies and objectives. Insures compliance with and implementation of approved policies and objectives.
• Directs activities of departments to ensure compliance with the implementation of approved policies and objectives.
• Stays knowledgeable of and complies with applicable laws and regulations, including BSA/AML and OFAC.

Relationship Management

• Ensures sound services and working relationships with members, with governmental bodies, key staff of important vendors, with outside services, and with the general public.
• Promotes respect and harmonious relations among thel Executive Team and with departments throughout the organization.
• To provide informed, professional and accurate service and support to all members and associates.

Knowledge, Skills and Abilities:

Experience

Ten (10) years’ progressively responsible accounting experience in a financial institution or public accounting firm. Credit Union experience a plus. Seven years of supervisory experience required.

Education
Bachelor’s degree in Accounting/Finance required; Master’s degree and CPA preferred.

Interpersonal Skills
The ability to motivate or influence others is a material part of the job, requiring a significant level of diplomacy and trust. Obtaining cooperation (internally and/or externally) is an important part of the job and a high level of interpersonal skills are critical to the success of this position. Work frequently involves contacts requiring considerable discussion of problems, material presentations, and resolving issues impacting departments. Must have exceptional written and oral communication skills.

Other Skills
Must have excellent knowledge of accounting principles and computer applications, including the Microsoft Office suite (Excel, Word and PowerPoint) at a minimum. Must have analytical, problem solving and interpersonal skills. Experience with core processing systems.

Job Type: Full-time

Pay: $150,000.00 – $170,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Health insurance
• Life insurance
• Paid time off
• Professional development assistance
• Tuition reimbursement
• Vision insurance

Schedule:

• 8 hour shift
• Monday to Friday

Supplemental pay types:

• Bonus pay

COVID-19 considerations:
Facility practices social distancing, most staff have individual offices, Each employee provided face mask. Vaccinations

Education:

• Bachelor’s (Required)

Experience:

• Accounting: 10 years (Required)
• Investment: 3 years (Preferred)
• Credit Union: 5 years (Required)

License/Certification:

• CPA (Preferred)

Work Location: One location