CFO Advisor

Job Description

Job Description

At CU*SOUTH, we're more than just a Credit Union Service Organization (CUSO); we're a community united by a mission to strengthen and grow credit unions everywhere. Every role within our organization is backed by our steadfast philosophies - from our team who bring years of professional experience to our dynamic, customer-focused culture that's rooted in responsiveness and loyalty. Our working environment celebrates those who can pivot, innovate, and act swiftly, ensuring we remain at the forefront of the credit union industry.

Joining CU*SOUTH isn’t merely about finding a job—it’s about discovering a purpose. Here, you’ll have the opportunity to evolve professionally and personally, backed by a supportive team that is unafraid to be progressive. Working for a CUSO, especially one as dedicated as CU*SOUTH, offers a unique chance to serve. With us, you’re not just contributing to our growth; you’re actively playing a role in elevating the credit union community, impacting countless members and institutions alike. Become a part of our team, where service and growth go hand in hand, and craft a fulfilling career that truly makes a difference.

PURPOSE

Our CFO Advisors are our credit union partners' high-level fractional Finance and Accounting services providers. Typically responsible for multiple clients, they are responsible for producing required CFO-level reports, spreadsheets, and analytics for their assigned clientele and attending ALCO/Board Meetings, collaboration with and possible direction of the available accounting resources, and functioning as a strategic partner to credit union senior management.

ESSENTIAL JOB FUNCTIONS

1. Prepare and examine accounting records, financial statements, and other financial reports for all assigned clients.
2. Assist in developing, evaluating, and implementing policies and procedures for the accounting department.
3. Ensure policies and procedures reflect current regulatory and GAAP requirements/standards.
4. Responsible for financial reporting, financial analyses, cash management, and forecast reports in alignment with client timing requirements for all assigned clients.
5. General ledger reconciliations, analysis of financial accounts, and preparation of journal entries. Provide end-of-month close and produce monthly financial statements for all assigned clients on a timely basis.
6. Preparation of budgets and periodic analysis of budget variances for all assigned clients.
7. Conduct special accounting studies, analyses, and special projects as requested by management.
8. Support clients through exam and audit events.
9. Provide tactical and strategic consulting; visit client sites from time-to-time to strengthen relationships and support fractional CFO job functions.
10. Track hours for billing and product profitability modeling.
11. Accuracy and attention to detail are paramount for the success of this role.

SERVICE LEVEL AGREEMENT

• Internal
  • Uphold CU*SOUTH Code of Conduct and P.R.A.I.S.E. Core Values
  • Provide same-day responses to all internal inquiries received by noon that day, provide next-day responses to all others, establishing priority to urgency on all requests
  • Provide internal support to all CUSO Development lines of business accordingly, to advocate and encourage internal collaboration
• External
  • Uphold CU*SOUTH Code of Conduct and P.R.A.I.S.E. Core Values
  • Adhere to timelines provided to Clients and communicate necessary changes to implementation timelines clearly and effectively.

JOB QUALIFICATIONS

1. B.A. in Accounting, Business Administration or equivalent and five years’ related accounting/ finance experience. CPA and/or MBA preferred but not required.
2. 5+ years’ experience leading credit unions' (or other qualifying financial institutions) finance/accounting teams.
3. Fundamental knowledge of GAAP.
4. Proficient with MS products. Expert-level Excel.
5. Detail and deadline-oriented
6. Strong analytical and problem-solving skills
7. Excellent verbal and non-verbal communication skills are required.
8. Thoroughness, excellent attention to detail, and good problem-solving skills are required.
9. Ability to work independently and initiate several projects simultaneously with minimal supervision.

WORK ENVIRONMENT & PHYSICAL ACTIVITIES

CU*SOUTH operates with a hybrid workforce strategy. Some job assignments at CU*SOUTH are primarily conducted within the office building(s) while others have moderate to extensive travel responsibilities as described in the Job Functions and/or Job Qualifications section(s) above. CU*SOUTH is committed to working with its employees to reasonably accommodate their needs to perform effectively.

Notice: This job description is not intended to be, nor should it be construed as a contract for employment. CU*SOUTH makes no guarantee of permanent employment. This job description is to be used as a guideline to give the employee an understanding of what CU*SOUTH has defined this position to be.

CU*SOUTH will make reasonable accommodations for the known physical or mental disabilities of qualified applicants unless doing so would cause an undue hardship. Disabled individuals who feel accommodation is needed to perform their job, or the job for which they have applied, must notify CU*SOUTH in writing of the need for reasonable accommodation within 180 days after the date the individual knew or reasonably should have known that an accommodation was needed. CU*SOUTH , thereafter, will make all reasonable accommodations unless to do so would pose an undue hardship.

CU*SOUTH is willing to accommodate disabilities to the extent a credit union service organization can without impacting financial control or client service. CU*SOUTH is an Equal Opportunity Employer.