AVP, Director of Finance Position Available In Knox, Tennessee

AVP, Director of Finance UT Federal Credit Union

• 2.9 Knoxville, TN Job Details Full-time $80,000
• $95,000 a year 2 days ago Qualifications Management Computer literacy 3 years Finance Math Financial report interpretation Accounting Organizational skills Computer skills Typing Senior level Leadership Communication skills

Full Job Description SUMMARY:

The AVP, Finance is responsible for analyzing and forecasting cash needs to ensure adequate funding for credit union operations, managing correspondent accounts to maximize returns, and assisting the Chief Financial Officer with the investment portfolio. This role involves managing quarterly ALM analysis, utilizing financial performance software for forecasts and reports, performing fixed asset accounting and capital budget tracking, assisting with annual budget preparation and variance analysis, and developing profitability models. Additionally, the position includes maintaining records, posting transactions, preparing monthly reports for the Board of Directors, providing trade recommendations, and performing due diligence on investment partners.

ESSENTIAL DUTIES AND RESPONSIBILITIES

include the following. Other duties may be assigned. Analyze and forecast cash needs of the credit union to ensure adequate funding is available for all credit union operations. Manage all correspondent accounts to maximize returns on daily liquid funds. Assist the Chief Financial Officer in managing the credit union’s investment portfolio, including maintaining records, posting all related transactions, preparing monthly reports for the Board of Directors, providing trade recommendations to enhance revenue while managing liquidity and interest rate risk, and performing due diligence on all investment partners used by the credit union. Manage the credit union’s quarterly Asset Liability Management (ALM) analysis by uploading data, reviewing and modifying inputs and assumptions, validating outcomes, and compiling quarterly reports for the Board of Directors. Utilize the credit union’s financial performance suite software to create financial forecasts, prepare dashboards and reports, and provide insights to support strategic decision-making within the credit union. Perform fixed asset accounting and capital budget tracking. Assist with the preparation of the credit union’s annual budget and analyze budget variances. Assist the Chief Financial Officer with the development, implementation, and maintenance of department/branch, product, and member profitability models. Back-up the AVP/Controller as needed with monthly GL reconcilements and financial report preparation.

SUPERVISORY RESPONSIBILITIES

None.

MINIMUM REQUIREMENTS

Maintains a positive attitude with employees and members, and remains flexible while focused on accepted practices, policy, productivity and effectiveness. Promotes awareness of the credit union mission and brand statement to the credit union membership. Strong knowledge of financial products and services. Regular and predictable attendance. Maintains a professional appearance in accordance with established dress code policy. Technological skills and knowledge, including computer literacy.

PERFORMANCE STANDARDS

Maintains conservative, yet reliable records prepared on a timely basis, that fully address all aspects of the credit union’s assets, liabilities, income, expense, and reserves. Ensures that the accounting process is maintained to conform to the requirements of the Federal Credit Union Act, State legislation as might be applicable, other Rules and Regulations and Financial Management Standards prescribed and/or recommended for the prudent financial management of the credit union.

QUALIFICATION REQUIREMENTS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. EDUCATION and/or

EXPERIENCE

Accounting or Finance degree from a recognized university. At least three (3) years’ experience in a similar position at a financial institution. Equivalents in education and experience considered.

LANGUAGE SKILLS

Ability to read, analyze, and interpret financial reports and legal documents. Ability to respond to common inquiries or complaints from members, regulatory agencies, or members of the community. Ability to effectively present information to top management, public groups, and/or boards of directors. OTHER SKILLS and

ABILITIES

Familiarity with credit union accounting standards and credit union industry terminology. Must have a clear understanding of financial institution accounting. Understands all deadlines and does what is necessary to meet them. Excellent typing and computer skills, including email and core system. Strong leadership skills. Good attitude and professional, courteous personality conducive to dealing with staff and members. Excellent listening, oral and written communication skills. Accurate, detailed, self-starter who can exercise independent judgment when addressing problems. Excellent organizational skills, math skills, good reasoning ability and problem-solving skills. Ability to operate a personal computer, including a full working knowledge and ability to utilize the following software programs:

• Spreadsheet
• Word processing
• Email, Internet, and other programs as specified
• Financial management software Complete familiarity with the credit union’s data processing system including input requirements, output capabilities, system maintenance, upgrading, and general operations.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to sit and talk or hear. The employee frequently is required to use hands to finger, handle, or feel objects, tools, or controls and reach with hands and arms. The employee is occasionally required to stand and walk. The employee must occasionally lift and/or move up to 30 lbs. The employee should be able to work overtime as needed, attend meetings, seminars and travel.

WORK ENVIRONMENT

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee occasionally works near moving mechanical parts. The noise level in the work environment is usually quiet.