Northwest Community Credit Union believes in providing our employees an environment where they can flourish personally and professionally. We are proud that we have never lost sight of our founders' commitment to providing each individual, and our community, with uncommon care. Join a team with a rich heritage of serving our region for more than 70 years!
Northwest Community Credit Union serves members from offices in 14 locations across Oregon.
Chief Financial Officer
Position Primary Purpose:
Leads the credit union’s accounting and finance initiatives. Provides effective advice on financial strategies and their implementation, directs the accounting and finance function, and serves as a member of the Asset-Liability (ALCO) and Pricing Committees. Ensures compliance with generally accepted accounting principles (GAAP) and related laws and regulations.
- Participates in strategic and operational governance processes of the credit union as part of the Executive Leadership Team (ELT). Develops and coordinates the credit unions Asset Liability Management (ALM) strategy and participates as a member ALCO and Pricing Committees.
- Manages cash, investments, and liquidity in accordance with board-established policies and prudent financial management practices. Oversees cash flow analysis, legal investments of excess funds, and maintenance of liquidity requirements.
- Monitors and reports to CEO and Board of Directors on the financial performance of the credit union. Researches and makes recommendations for improvements in performance and investments that match desired risk and returns. Works with ELT to prepare plans, policies, and reports on related accounting and financial matters.
- Monitors, calculates, and evaluates the adequacy of the Allowance for Loan Losses (ALL) and makes recommendations for adjustments to the level.
- Reviews reports to analyze projections of income and expenditures against actual figures and suggests methods to improve the planning process as appropriate. Monitors financial performance utilizing a variety of analysis techniques, including peer comparisons and asset-liability management. Assesses and analyzes new opportunities, including cost benefit analysis and implications for mergers, new equipment, or technology, staffing additions, new locations, etc.
- Develops and maintains systems of internal controls and financial procedures to provide for the safety and soundness of assets throughout the organization.
- Acts as liaison for the credit union with external and internal auditors and state examiners when completing their review of the financial position of the credit union.
- Reinforces continuous collaboration and respective communication between all departments by promoting strong, positive, and productive working relationships where employees can flourish.
- All other duties as assigned.
Bachelor’s Degree in Business or related field required with a minimum of 10 years’ experience directing accounting and finance functions. CPA required. Master’s Degree and previous financial services experience preferred. Excellent knowledge of financial and accounting practices and procedures, with a strong understanding of governmental regulations and reporting requirements. In-depth knowledge of investments, financial research, and reporting a must. Superior interpersonal and communication skills to influence others to understand and support financial strategies.