Chief Financial Officer

Chief Financial Officer Abbott Laboratories Employees Credit Union - 2.3 Gurnee, IL Job Details Full-time $217,901.33 - $363,168.89 a year 3 hours ago Qualifications Strategic goal setting CPA Accounting and finance experience

Full Job Description SUMMARY:

ALEC is a $1.1 billion credit union in northern Illinois. The CFO is responsible for the effective management, operation, results and strategic advancement of the Finance, Accounting, and Operations departments.

ESSENTIAL FUNCTIONS

Manages the overall financial activities of the credit union, including the preparation and interpretation of financial statements, asset liability management, investing and budgeting Provides leadership in the development for the continuous evaluation of short and long-term strategic financial objectives Prepares all credit union financial statements in accordance with GAAP and applicable federal and state regulatory laws for financial reporting Produces all financial and statistical reports for presentation to the Board of Directors Provides management with analysis and advice on the financial implications of business activities Responsible for the preparation of the annual budget along with financial forecasting Provides CEO with recommendations to strategically enhance financial performance and business opportunities Manages and optimizes the organization's investment portfolio in order to achieve the organizational investment goals of liquidity, safety and return Oversees and manages the preparation and submission of the 5300 Call Report Prepares monthly reports and analysis to the ALCO committee Reports financial results at monthly board meetings Supervises the budget for the Finance, Accounting, and Operations departments to ensure they are consistent with the overall strategic plan and budget of the credit union Negotiates significant vendor contracts and completes the vendor management process Other duties as may be assigned

QUALIFICATIONS

Education Required:

Master's degree in Business Administration (MBA) or related field, Certified Public Accountant (CPA) designation

Experience Required:

8 years of progressive, strategic management experience in an accounting or finance role Knowledge, Skills and Abilities (KSAs): Ability to assess, plan and deliver strategic initiatives Ability to perform job functions independently Ability to work as part of a team Ability to resolve complex problems with independent action Ability to effectively present information to employees, Senior Management and the Board of Directors Ability to verbally communicate effectively with internal and/or external members Ability to use computers and job-specific technology/software efficiently Maintains confidentiality Performs responsibilities with composure, quality and accuracy under stress of deadlines/requirements Ability to attract, develop and retain talent and build high performing teams

SUPERVISORY RESPONSIBILITIES

Responsible for overseeing employees' performance, identifying development areas, addressing employee relations issues and providing direction, support, training and regular coaching. Responsible for communicating organizational needs and updates

Supervises:

Accounting Director, Operations Manager, and Finance Manager TRAVEL:

Up to 10% local travel. Up to 10% national travel may be required to attend conferences and visit micro branches. The base pay for this position is $217,901.33 to $363,168.89 per hour. In specific locations, the pay range may vary from the range posted. Click here to learn more about ALEC and our benefits.