Chief Financial Officer

Horizon Credit Union•Spokane Valley, WA

About The Position

The Chief Financial Officer (CFO) is a key member of the executive leadership team responsible for developing and executing financial strategies that ensure the credit union’s fiscal health while driving sustainable growth. Oversees all financial functions, including planning and financial strategy, forecasting, budgeting, asset-liability management, regulatory compliance, and operations. The CFO ensures financial sustainability, compliance with regulatory requirements, and alignment of financial strategies with the organization’s goals. Responsible for fostering strong relationships with internal and external stakeholders such as regulators and auditors. This position plays a strategic role in driving growth, innovation, and operational efficiency while maintaining the highest standards of financial integrity.

Requirements

Bachelor's degree in Accounting, Finance, or a related field.
Minimum ten years of progressive leadership experience in financial management within the banking or financial services industry.
Demonstrated leadership and in-depth knowledge of bank financial operations, regulatory compliance and financial risk management practices.
Deep understanding of credit union regulations (NCUA, DFI, CFPB) and GAAP
Expertise in financial forecasting, budgeting, and advanced financial modeling
Strong interpersonal and communication skills, with the ability to influence stakeholders at all levels
Proficiency with financial systems and tools, including core banking software and ALM systems
Strong analytical and problem-solving skills, with the ability to assess complex data, provide actionable insights, and make sound recommendations
Exceptional communication and presentation skills, with experience engaging executive leadership and Boards of Directors
Balanced, disciplined, and innovative approach and mindset
Critical-thinking and strategic mindset
Objective approach to addressing opportunities and resolving challenges
Display agility and ability to assess and adjust or fine-tune the plan as needed to support overall objectives
Strong leadership and management skills
Effective project management and resource planning skills
To perform the essential functions of this position an employee must be able to meet the following workplace demands: the ability to converse with others, detect sound, identify, and detect objects, count, read, write, operate a computer, handle, and feel objects, reach with hands/arms and be stationary and/or stand and/or move for long periods.
Occasionally an employee will lift/pull/push and carry up to 25 to 50 pounds, stoop, kneel, crouch, crawl, climb, and be able to maintain balance doing these activities.
The position requires sound reasoning, good judgment, and the ability to apply knowledge to work activities.
The noise level is moderate and typical of a normal office environment.

Nice To Haves

Master of Business Administration (MBA) or Certified Public Accountant (CPA) designation preferred.

Responsibilities

Develop and execute financial strategies that align with the credit union’s mission, vision, and strategic goals
Develop credit union Strategic Plan in collaboration with Senior Management Team and Board of Directors
Collaborate with the executive team to drive sustainable growth, profitability, and member value
Provide financial insights and recommendations to the CEO and Board of Directors to inform decision-making
Oversee budgeting, forecasting, and financial modeling processes to ensure accurate and timely financial reporting
Monitor financial performance against strategic and operational goals, identifying opportunities and risks
Lead the evaluation of new business opportunities, including mergers, acquisitions, and investments
Ensure accurate and timely preparation of financial statements in compliance with GAAP and regulatory standards
Direct the management of accounts, payroll, and internal financial controls
Serve as the primary liaison with external auditors and regulatory agencies during examinations
Oversee liquidity management, capital adequacy, and interest rate risk strategies
Optimize investment portfolios and funding strategies to meet long-term goals
Manage the credit union’s cash flow, ensuring alignment with operational needs and regulatory requirements
Coordinate Asset and Liability Committee (ALCO) functions and ensure strategies and recommendations reflect credit union-approved financial strategies, policies, and performance
Ensure compliance with all applicable laws, regulations, and internal policies
Collaborate with risk management team to identify, assess, and mitigate financial and operational risks
Provide leadership in stress testing, contingency planning, and scenario analysis
Support and enable vendor procurement strategies by providing cost analysis of vendor pricing or other like processes
Is a participative, collaborative, and supportive Team Member to Senior Management colleagues
Engage/participate in organization-wide strategic planning
Promote cross-departmental collaboration and alignment with financial goals
Advise and partner with senior leadership on financial goals and recommend strategies
Lead and manage Finance & Accounting Team, fostering a culture of accountability, innovation, and continuous improvement in accordance with the organization's policies, priorities, processes, and applicable laws
Coach and develop the team for effective performance, structure, roles, succession, and redundancy. Plans, assigns, and directs work; appraises performance; rewards and disciplines employees; addresses complaints and resolves problems
Supports project and other related work needs, such as mergers
Performs such other duties and accountabilities as assigned by the Chief Executive Officer
Aligns with and supports fellow Senior Managers in communicating the vision, mission, and values of the organization
Help develop others by sharing knowledge, educating, and/or mentoring on financial concepts or other key leadership topics
Able to fulfill key responsibilities in financial health strategy, planning, and framework
Ensures business unit structure and team members are efficient, effective, and skilled through coaching and development efforts (directly or indirectly)
Ensures required deliverables, reports, and documentation are complete, accurate, and timely
Ensures information, data, equipment, etc., are managed and secure as appropriate
Establishes and maintains good business relations with users, vendors, trade professionals, regulators, etc.

Benefits

Medical, Dental, & Vision Insurance for full-time and reduced full-time employees & their families
Telemedicine for part-time employees
Paid Group Life and Disability Insurance
Employee Assistance Program
Tuition Reimbursement Program
401K Retirement Savings
Employer 401K Retirement Contributions & Matching upon eligibility
Discretionary Annual Incentive Bonus based on eligibility criteria
Paid Time Off per Full Calendar Year:
10 hours of PTO per month (prorated for reduced full-time and part-time)
Paid Birthday Holiday
2 Paid Wellness Days
Up to 24 hours of Paid Volunteer Time annually
11 Paid Holidays
And More!