Chief Financial Officer

Chino Commercial Bank, N.A.•Chino, CA

28d

About The Position

SUMMARY The Chief Financial Officer (CFO) is responsible for directing and managing all financial activities of the Bank, including accounting, financial reporting, regulatory reporting, budgeting, and asset management. The CFO provides strategic financial leadership to ensure the Bank’s financial stability, regulatory compliance, and long-term profitability. This role oversees financial reporting, Call Report preparation, audit compliance, financial planning, and regulatory reporting while advising senior leadership and the Board of Directors on financial strategy and performance. This officer must maintain compliance within audit, internal controls, security, BSA, and CTR standards. ESSENTIAL DUTIES Financial Leadership Provide strategic financial leadership to support the Bank’s business objectives. Counsel executive leadership regarding fiscal control, profitability, and financial performance. Develop and implement financial strategies aligned with the Bank’s growth plans. Monitor financial trends, economic conditions, and industry developments. Financial Reporting & Accounting Direct preparation of financial statements including: Balance Sheets Income Statements Board Reports Shareholder Reports Ensure compliance with Generally Accepted Accounting Principles (GAAP). Oversee accounting operations including Accounts Payable and Accounts Receivable. Regulatory Compliance Ensure compliance with all federal and state banking regulations. Oversee preparation and submission of: Call Reports Regulatory filings Government financial reports Maintain compliance with: Internal audit requirements Internal controls BSA/AML and CTR regulations Banking regulatory standards Financial Planning & Budgeting Prepare annual budgets and financial forecasts. Monitor actual performance against budget. Identify financial risks and opportunities for operational improvements. Recommend cost control and financial efficiency initiatives. Asset & Capital Management Oversee investment of Bank funds. Monitor liquidity and capital requirements. Analyze long-range financial trends and capital needs. Audit & Risk Management Oversee internal and external audit activities. Ensure adherence to Bank policies and regulatory standards. Recommend and implement corrective actions when necessary. Leadership & Staff Management Lead and supervise accounting and finance staff. Develop department policies and procedures. Conduct performance reviews and provide coaching and development. Ensure proper staffing, training, and cross-training. SECONDARY DUTIES The position of Chief Financial Officer performs duties specific to the position and other functions as assigned.

Requirements

Bachelor’s degree in Accounting, Finance, or Business Administration.
CPA or MBA preferred
At least eight years of related experience and/or training; or the equivalent combination of education and experience.
Work related experience should consist of an in-depth background in accounting, management and supervisory skills.
Educational experience, through in-house training sessions, formal school or financial industry related curriculum, should be applicable to the financial industry.
Intermediate experience, knowledge and training in progressively responsible branch or department operations, management and supervisory activities.
Advanced knowledge of general accounting, payroll, budgeting, and related accounting and record keeping systems in a financial institution.
Advanced knowledge of related state and federal banking compliance regulations, and Bank accounting policies and procedures.
Exceptional skills related to the consolidation and reporting of Bank financial results, and formulation and implementation of Bank accounting procedures.
Advanced organization skills with the ability to provide leadership, supervision and training for three or more employees using positive supervisory techniques to ensure maximum productivity; demonstrated ability in organization and delegation skills.
Knowledge of human resource and labor laws and policies.
Intermediate skills in computer terminal and personal computer operation; mainframe computer system; excel, and word processing and spreadsheet software programs.
Intermediate typing skills to meet production needs of the position.
Intermediate math skills; calculate interest, commissions, proportions, and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; locate routine mathematical errors; compute rate, ratio and percent, including the drafting and interpretation of bar graphs.
Exceptional oral, written and interpersonal communication skills with the ability to apply common sense to carry out instructions and instruct others, interpret documents, understand procedures, write reports and correspondence, speak clearly to customers and employees.
Thorough understanding of management procedures; ability to plan department or Bank activities (setting objectives, developing strategies, budgeting, and developing policies and procedures); initiative to organize various functions necessary to accomplish department or Bank activities; effectively staff (selecting, training and developing employees); directing employees towards the desired objectives (delegating, motivating, resolving problems); controlling the function (developing performance standards, measuring results, taking corrective action and rewarding employees as appropriate).
Ability to deal with complex problems involving multiple facets and variables in non-standardized situations.
Excellent organizational and time management skills.
Ability to work with no supervision while performing duties.
Current California driver’s license and a vehicle with appropriate insurance coverage if required to drive in the course of performing assigned duties and responsibilities.
The incumbent must be able to perform this position safely, without endangering the health or safety to himself or herself or others.

Nice To Haves

CPA or MBA preferred

Responsibilities

Direct and manage all financial activities of the Bank, including accounting, financial reporting, regulatory reporting, budgeting, and asset management.
Provide strategic financial leadership to ensure the Bank’s financial stability, regulatory compliance, and long-term profitability.
Oversee financial reporting, Call Report preparation, audit compliance, financial planning, and regulatory reporting
Advise senior leadership and the Board of Directors on financial strategy and performance.
Maintain compliance within audit, internal controls, security, BSA, and CTR standards.
Provide strategic financial leadership to support the Bank’s business objectives.
Counsel executive leadership regarding fiscal control, profitability, and financial performance.
Develop and implement financial strategies aligned with the Bank’s growth plans.
Monitor financial trends, economic conditions, and industry developments.
Direct preparation of financial statements including Balance Sheets, Income Statements, Board Reports, Shareholder Reports
Ensure compliance with Generally Accepted Accounting Principles (GAAP).
Oversee accounting operations including Accounts Payable and Accounts Receivable.
Ensure compliance with all federal and state banking regulations.
Oversee preparation and submission of Call Reports, Regulatory filings, Government financial reports
Maintain compliance with Internal audit requirements, Internal controls, BSA/AML and CTR regulations, Banking regulatory standards
Prepare annual budgets and financial forecasts.
Monitor actual performance against budget.
Identify financial risks and opportunities for operational improvements.
Recommend cost control and financial efficiency initiatives.
Oversee investment of Bank funds.
Monitor liquidity and capital requirements.
Analyze long-range financial trends and capital needs.
Oversee internal and external audit activities.
Ensure adherence to Bank policies and regulatory standards.
Recommend and implement corrective actions when necessary.
Lead and supervise accounting and finance staff.
Develop department policies and procedures.
Conduct performance reviews and provide coaching and development.
Ensure proper staffing, training, and cross-training.