VP of Finance

We are looking for a VP of Finance who will ensure operational success across the Accounting and Risk/Compliance functions.

• Do you have at least 5 years of management experience?
• Do you have proficient understanding of strategic planning?
• Do you have a strong knowledge of regulatory and risk management practices?

If so, we invite you to consider a career at American 1 Credit Union. Below are more details before you decide to apply:

• Position: VP of Finance
• Location: On site in Jackson, Michigan
• Annual Salary: Starting at $122,350
• Benefits start on day one: Health, Dental, Vision, Responsible Time Off
• All offers of employment are contingent upon background screens.

The Vice President of Finance is responsible for leading the credit union's financial strategy and ensuring operational excellence across accounting and risk/compliance functions. This role provides strategic direction for financial performance, risk management, regulatory compliance, and policy management, while fostering a culture of accountability and transparency. The VP of Finance collaborates with the executive team and vice president team to align financial strategies with organizational goals, safeguard assets, and support sustainable growth.

Essential Job Functions

• Lead, Manage and Accountability: Committed to leading and managing in a way that creates an environment in which accountable employees thrive, and non-accountable people choose to leave. Effectively utilizes people analyzer to find right people, right seats.
• Team Collaboration: Collaborate with the executive and vice president and finance leadership teams in all discussions relevant to asset and liability management, financial performance, analysis and reporting and compliance and risk management. Participates in developing and evaluating the credit union's short- and long-term strategic goals and objectives and communicates such goals and objectives to credit union staff members.
• Focus on Purpose: Focused on credit union purpose of creating financial wellness in our community through everyday banking with an emphasis on our internal team development
• Safety and Soundness: Monitor the safety and soundness of the credit union through financial reporting, enterprise risk management, compliance, auditing and reporting programs.
• Accountability Measurement and Coaching: Acts as a resource for all managers to best hold their team to accountability measurements and offers coaching assistance. Serves as a mentor to help build confidence and skills within management team.
• Asset/Liability and Financial Performance Strategy: Develop and execute strategies for asset/liability management, liquidity, and capital planning to optimize financial performance and ensure long-term stability.
• Analysis and Reporting Support: Oversee accurate and timely financial reporting, forecasting, and performance analysis. Provide actionable insights to support strategic decision-making and organizational objectives.
• Risk Management Program Support: Direct the credit union's compliance and risk management programs, ensuring adherence to all applicable laws, regulations, and internal policies. Proactively identify and mitigate financial and operational risk.
• Vendor and Regulatory Relationships: Maintain strong relationships with auditors, regulators, and external financial partners. Represent the credit union in compliance and financial matters.
• Leadership Growth Support: Supports leadership in assessment, reporting, coaching, training, and improvement plan recommendations for the organization, departments, and individuals as needed.
• Strategic Recommendations: Coordinates and prepares all finance and risk strategies for the credit union and presents to executive team; includes, striking the right balance between safety and soundness and the member experience.
• Policy Program Management: Manages the development, implementation and review of all credit union policies. Responsible for Finance and Risk Management related core processes, policies and procedures. Makes recommendations to executive team and board for approval. Assures team is following all processes, policies, and procedures.
• Community Advocate: Serves as a representative of the credit union within the community and is actively visible at credit union events.

Competencies Required

• Leadership, Management and Accountability: Demonstrate institutional responsibility, administrative skill, as well as a commitment to and a vision for public service; ability to achieve positive outcomes by encouraging, supporting, coaching, developing and mentoring others. Committed to leading the company by strategically thinking about the business and managing effectively by working in the business.
• People Focused and Strong Communication: Empathetically seek understanding of what employees require and expect and use available resources, policies, and opportunities in their best interest without compromising institutional core values and core focus.
• Engaged, Collaborative and Strategic Thinking: The capacity to create an achievable vision for the future by engaging and collaborating with executive team and all employees, to foresee longer-term developments, to envision options (and their probable consequences), to select sound courses of action, to rise above the day-to-day detail, to challenge the status quo.
• Achiever, Initiative and Goal Driven: The employee drives for results and success, is committed to their job, sets high standards of performance, pursues aggressive goals, and works hard to achieve them, displays a high level of effort and commitment to work, and takes ownership. Apply new ways of thinking; create new ideas. Plans work and carries out tasks without detailed instructions; makes constructive suggestions; prepares for problems or opportunities in advance; undertakes additional responsibilities; responds to situations as they arise with minimal supervision; creates novel solutions to problems.
• Focused, Decision Making and Problem Solving : Has a strong sense of urgency about proactively solving problems and getting work done; gain support by collaborating effectively for ideas, proposals, projects and solutions, take initiative; make and/or facilitate decisions considering impact on others and/or the credit union; reach sound decisions and exercises good judgment based on balanced consideration of facts, priorities, and alternatives; make decisions in agreed upon time frame; take initiative to identify and resolve problems; demonstrate ability to examine existing problems/issues in new ways.
• Trustworthy, Reliability and Confidentiality: Personally responsible; completes work in a timely, consistent manner; works hours necessary to complete assigned work; is regularly present and punctual; arrives prepared for work; is committed to doing the best job possible; keeps commitments. Able to keep all information obtained confidential including member, employee and credit union information. Ensures core process, policies and procedures are followed.

Key Accountability Items:

• Lead, Manage and Accountability
• Asset/Liability Management and Financial Performance Strategy
• Analysis and Reporting Strategy
• Regulatory Compliance and Risk Management Program Strategy
• Policy Program Management

Requirements:

• Bachelor's degree preferred
• Minimum 5 years at a management level and demonstrated strong leadership and communication skills
• Proficient understanding of strategic planning
• Strong knowledge of GAAP, regulatory requirements, and risk management practices
• Strong knowledge of the regulatory environment of financial institutions
• Advanced knowledge of Microsoft Excel (formulas, functions, etc.) is required.

The Ideal Candidate:

• Experience managing successful teams that deliver high quality results and excellent service
• Excellent verbal and written communication skills
• Advanced knowledge of PC applications such as Microsoft Office
• Ability to work independently or as a collaborative member of a team
• Ability to direct other team members and coach others
• Knowledge of credit union products, services, policies, core processes and procedures
• Ability to provide supervisory leadership of professional- and intermediate-level staff
• Demonstrated success in managing financial operations and compliance in a regulated environment.
• Demonstrated skill in gathering, reporting, and summarizing trends in data
• Ability to make decisions and take initiative in problem resolution
• Ability to exercise tact and responsibility with handling confidential information

NOTE: The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.