The successful candidate in this position proactively leads and directs all planning, forecasting, analytical and reporting efforts for the credit union in the following areas: balance sheet management, strategic and operational planning, adhoc business analysis, six sigma projects, capital budgeting and management, credit risk management, predictive modeling, and organizations Key Success Factors efforts. Work involves leading efficiency efforts of the organization and co-leading cross-functional peers to drive the efficiency culture throughout the organization. Resources to do the job require effective written and verbal communication skills, strong and proven analytical ability, advanced systems skills, strong relationship skills and the ability to collaborate with peers, and effective management capability. Direction is received from the Senior Vice President/Chief Financial Officer.
Directs and leads annual planning, rolling forecasts, and 3-5 year business planning including formulation of Income Statement, Balance Sheet, cost center-level expense planning, headcount analyses, Asset/Liability analyses, and presentations to senior management and Board of Directors.
Partners with cross-functional peers to lead the analysis of financial performance for business initiatives, special projects, new products, channels, etc. and drive fact-based business decisions. Leads the predictive modeling efforts, utilizing SAS or other systems/techniques, to enhance business decision-making process.
Partners with the accounting team to ensure efficient and accurate reporting of our internal and external reporting. Proactively stays ahead of emerging FASB trends or accounting changes affecting our financial statements.
Partners with IT/Systems to continuously improve and construct new capabilities around performance metric analysis and reporting to effectively provide information that allows for prompt business decisions.
Responsible for the integrity of the financial system, and to automate and simplify redundancy in processes and reporting through standardization.
Performance Management: Manages a team of 4-5 individuals. Through great management practices, leads an engaged workforce as defined by Q12 Gallup process to effectively deliver the value of this function. Provides a structural and consistent approach to ensure that individual development plans are in place, performance management is consistent, performance management process is respected and followed, and coaching and feedback are provided on a daily and frequent basis.
Completion of a Bachelors degree in Accounting, Finance or a related field (MBA required) and 7-10 years experience in the finance, loss prevention & recovery and accounting arenas. Minimum 5 years of supervisory experience in a financial planning and analysis environment. Financial Institution experience preferred, but not required. Thorough knowledge of GAAP required. Extensive financial analysis skills required, including statistical analysis, forecasting, budgeting, and financial modeling. Ability to multi-task and deal with heavy volume period with tight time parameters. Must be proficient with mainframe accounting systems, database systems (ie. Business Object), Excel, Access, Powerpoint and Word. The incumbent is a member of the Senior Leadership Team, and thus must be a cross-functional team player, able to build effective working relationships, has strong influence management skills, and has the ability to understand and apply its functions to the overall business strategy and operations, to drive transparency, integrity and fiscal responsibilities. Advanced performance management skills required; must have the ability to lead a team through effective management skills including coaching, development, talent retention and recruitment.