Chief Financial Officer (Credit Union)

We are a well-established, member-owned federal credit union with more than 70 years of dedicated service to our community. With over $415 million in assets and 14 branches spanning nine states, we serve more than 28,000 members through personalized financial solutions, competitive rates, and a strong commitment to both individual success and broader community support. Our cooperative structure allows us to focus on exceptional member service rather than shareholder returns, and we continue to grow while remaining deeply rooted in cultural heritage and open to all who share our values.

The Chief Financial Officer (CFO) is a strategic executive leader who reports directly to the CEO and serves as a vital member of the senior leadership team. This exempt role oversees all financial operations, accounting, treasury management, budgeting, asset-liability management (ALM), investments, information technology, and regulatory compliance activities. The CFO plays a central role in ensuring financial stability, driving operational efficiency, supporting strategic growth initiatives, and fostering a high-performing finance and IT team while championing the organization's mission of delivering the highest level of personalized service to help members achieve financial success.
Responsibilities

• Deliver outstanding service to both internal and external members in full alignment with our Service Promises: treat every individual with respect; take full responsibility for requests; make it easy to work with us; provide fast responses and resolutions; deliver accurate information; and proactively tailor solutions to fully meet needs.
• Develop every employee to their highest potential by identifying growth areas and providing targeted coaching, training, or corrective action.
• Recognize and celebrate high performers while holding all team members accountable for performance, attitude, and behavior.
• Conduct monthly one-on-one meetings with direct reports to review the prior month's performance, set clear goals for the upcoming period, and create individualized development plans.
• Demonstrate enthusiastic support for the corporate mission, core values, and long-term strategic objectives.
• Perform all duties in compliance with bylaws, NCUA regulations, Board policies, established service standards, and internal procedures.
• Train, supervise, coach, assign, direct, coordinate, and review the work of Accounting and IT staff while maintaining a highly motivated, well-trained team and positive employee relations.
• Oversee the full scope of financial functions, including management of the accounting/bookkeeping department, treasury operations, budgeting, purchasing, liquidity management, ALM, and insurance activities.
• Prepare timely, accurate financial statements and reports; maintain complete and precise financial, statistical, and accounting records.
• Coordinate Asset-Liability Committee (ALCO) activities, prepare and review all ALCO reports, and implement interest-rate-risk and liquidity-risk management initiatives.
• Recommend new hires for Accounting and IT departments; train, direct, and evaluate employee performance within those areas.
• Direct the organization's investment activities as custodian of funds, securities (including subordinated debt), and assets; promote the credit union in financial markets to secure capital sources; execute and document all investment purchases; and ensure proper safekeeping, control, and accounting for all assets and securities.
• Lead the preparation and evaluation of budgets and capital plans; analyze departmental and operating budgets; monitor disbursements and expenditures of funds or capital assets.
• Develop and review operational procedures to achieve maximum efficiency and cost reduction.
• Collaborate with internal and external auditors, examiners, and regulators during all comprehensive audits and examinations.
• Review and recommend updates to ALCO and Investment policies and procedures to maintain full regulatory and internal compliance.
• Oversee preparation of monthly participation remittance reports for sold and purchased loans.
• Work with the CEO to periodically monitor and adjust rates on certificates of deposit, money market accounts, and high-dividend checking products as market conditions require.
• Monitor bi-weekly submission of backup withholding (T4X) payments to state and federal agencies.
• Prepare the CECL (Current Expected Credit Loss) calculation and corresponding provision for loan losses in coordination with the CEO and CLO at least quarterly (or more frequently as needed).
• Perform other related duties as assigned to support overall organizational success.

Qualifications

To perform this job successfully, an individual must be able to execute each essential duty at a high level. Reasonable accommodations may be made for individuals with disabilities.

Education & Experience

• CPA designation required; Bachelor's degree in Accounting (MBA strongly preferred).
• Four to six years of progressive related experience in financial leadership, accounting, and/or credit union/banking operations, or an equivalent combination of education and experience.

Language Ability Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents. Ability to respond effectively to inquiries or complaints from members, regulatory agencies, or business partners. Ability to prepare speeches and articles for publication that conform to prescribed style and format.

Mathematical & Reasoning Ability Strong command of probability, statistical inference, and advanced financial mathematics. Ability to apply fractions, percentages, ratios, and proportions to practical business situations. Ability to define problems, collect data, establish facts, draw valid conclusions, interpret complex technical instructions (in mathematical or diagram form), and manage multiple abstract and concrete variables. Demonstrated prudent judgment and deductive reasoning are essential.

Computer & Technical Skills Proficiency with word processing, spreadsheet, accounting, payroll, and internet-based software systems.

Supervisory Responsibilities Directly supervises three employees in the Accounting Department. Carries out supervisory responsibilities in accordance with organizational policies and applicable laws, including interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; and addressing complaints and resolving problems.

Special Skills

• Proficiency in English required; Ukrainian language skills mandatory.
• Exceptional verbal and written communication skills.
• Strong keyboarding skills.
• Demonstrated courtesy, tact, and diplomacy in all interactions.

Compensation

We offer a highly competitive executive compensation package designed to attract and retain top talent. Base salary typically ranges from $160,000 to $180,000 annually (commensurate with experience, credentials, and market conditions for a credit union of this size and complexity), plus performance-based incentives and bonuses. Exact compensation will be discussed in confidence during the interview process.

This is an outstanding opportunity for a seasoned financial leader who thrives in a mission-driven, member-focused environment and is ready to make a lasting impact on our continued growth and success.