VP of Finance & Accounting

Background

At Community First, empowering people is our purpose. Providing financial solutions for every stage of life is our mission. And it has been for more than 85 years.

As one of Florida’s largest credit unions, we know that living one’s best life means different things to different people; and that’s the essence of our purpose. By being attentive to the diverse needs of our employees, members, and community, we provide opportunities, services, and support that enable them to truly be themselves and define their own “best life.” Maybe that’s why more than 170,000 of your Florida neighbors count on us to help them achieve it. And why you should, too.

Summary

Role:

The Vice President of Finance & Accounting, under the direction of the CFO, is responsible for supervision and control of the general accounting functions and for the financial statement and report preparation. This role will be responsible for managing an accounting system that properly reflects the financial position of the credit union while ensuring the accuracy of internal and external recording and reporting of financial transactions. Ensure that accounting activities are in accordance with Generally Accepted Accounting Principles (GAAP) and regulatory requirements. This individual will provide analytical and planning support to the CFO. With the direction of the CFO, this position is responsible to lead the preparation of Community First’s annual budget and forecast process.

Responsibilities

Major Duties and Responsibilities:

• Provide analytical support for projects, products and services development, strategic initiatives and ad hoc situations to enhance organizational decision making and issue.
• Direct the development and monthly review of financials to assure accurate and timely financial information is provided to management and the Board of Directors to effectively manage the operations. Ensures all financial statements, reporting, and activities comply with Generally Accepted Accounting Principles (GAAP) and regulatory requirements.
• Coordinate Asset Liability Management with the CFO and other members of ALCO. Provide support for preparation and review of results from ALM models to assure credit union is operating with in desired risk targets. Annually review ALM and Investment policies to maintain compliance between Board risk limits and regulatory limits for a well- capitalized credit union. Execute the ALM and Investment Strategies along with monitoring of secondary marketing of mortgages. Timely and accurate preparation of Annual Budgets, monitoring of variances monthly at ALCO, make and implement recommendations to achieve budget targets while ensuring achievement of asset liability management objectives.
• Oversee the annual budget by establishing guidelines for budgeting, establish deadlines and partnering with the Senior Leadership Team to create operational budget for each area of the credit union.
• Prepare and/or oversee the production of various quarterly and annual reports (i.e. unclaimed property report, Quarterly Call Report, ad hoc reports and studies, etc.) and assist in preparations and response to questions tied to the annual audit and exam to support the efficient operations of the credit union.
• Provide timely and accurate Financial Report, Tax filings and Regulatory Reporting. Additionally, work with cMyers to evaluate and update the budget model for financial and budget variance reporting.
• Coach and develop team; empower team to take appropriate risk/action; assess skills and coordinate training as necessary; enhancing knowledge and greater understanding of ‘big picture’ and credit union focus.
• 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. Must be in full compliance with applicable FASB, OTS and SEC pronouncements and regulations, and FDICIA.

Requirements

Major Duties and Responsibilities:

• Provide analytical support for projects, products and services development, strategic initiatives and ad hoc situations to enhance organizational decision making and issue.
• Direct the development and monthly review of financials to assure accurate and timely financial information is provided to management and the Board of Directors to effectively manage the operations. Ensures all financial statements, reporting, and activities comply with Generally Accepted Accounting Principles (GAAP) and regulatory requirements.
• Coordinate Asset Liability Management with the CFO and other members of ALCO. Provide support for preparation and review of results from ALM models to assure credit union is operating with in desired risk targets. Annually review ALM and Investment policies to maintain compliance between Board risk limits and regulatory limits for a well- capitalized credit union. Execute the ALM and Investment Strategies along with monitoring of secondary marketing of mortgages. Timely and accurate preparation of Annual Budgets, monitoring of variances monthly at ALCO, make and implement recommendations to achieve budget targets while ensuring achievement of asset liability management objectives.
• Oversee the annual budget by establishing guidelines for budgeting, establish deadlines and partnering with the Senior Leadership Team to create operational budget for each area of the credit union.
• Prepare and/or oversee the production of various quarterly and annual reports (i.e. unclaimed property report, Quarterly Call Report, ad hoc reports and studies, etc.) and assist in preparations and response to questions tied to the annual audit and exam to support the efficient operations of the credit union.
• Provide timely and accurate Financial Report, Tax filings and Regulatory Reporting. Additionally, work with cMyers to evaluate and update the budget model for financial and budget variance reporting.
• Coach and develop team; empower team to take appropriate risk/action; assess skills and coordinate training as necessary; enhancing knowledge and greater understanding of ‘big picture’ and credit union focus.
• 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. Must be in full compliance with applicable FASB, OTS and SEC pronouncements and regulations, and FDICIA.

Compensation and Benefits

Starts at $137K

How to Apply

Apply online at https://www.communityfirstfl.org/careers

Community First Credit Union is an Equal Opportunity Employer. Community First values and celebrates diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected Veteran.