EVP Chief Financial Officer

Capital Farm Credit • College Station, TX

7d • Onsite

About The Position

Provides strategic and operational leadership to the Association’s long term financial objectives and financial activities. Develops and implements financial objectives, strategies and policies that enhance profitability and moderate risk. Prepares, presents, and interprets financial reports for the Chief Executive Officer (CEO), Association Directors, and governmental agencies. Has broad responsibility for the organization’s fiscal operating results. Leads the Association’s financial and capital planning, loan pricing, cash management, accounting, tax and financial analysis and reporting and ensures a sound financial control environment. Has considerable unreviewed latitude for decision making in the planning and accomplishment of Association goals. Exceptional people leadership skills and executive presence. Ability to convey complex topics in a succinct straightforward manner.

Requirements

• Bachelor’s degree in finance, Accounting, Business, or a related field
• Ten (10) or more years of experience in cash management, treasury, ICFR compliance, tax, enterprise budgeting, financial reporting and accounting, including loan accounting & participation accounting within a cooperative.
• In depth knowledge of preferred stock management and capital management.
• Experience in relating these topics with the Board of Directors and associated committees.
• Experience managing reporting to credit agencies to maintain CFC's credit rating.
• Previous experience as a senior executive maintaining all aspects for the functions above in an enterprise-wide role.
• General knowledge of accounting/financial systems and specialized knowledge of accounting/finance principles within a cooperative or other Farm Credit entity.
• Knowledge of the Farm Credit Act, FCA regulations and other federal and state laws as necessary.
• Skill in oral and written communication and strong executive presence.
• Intermediate to advanced skill level in Microsoft Office applications.
• Ability to perform advanced accounting/financial analyses under limited supervision.
• Ability to use or create financial models to report current state and to project performance against Association metrics.
• Strong sense of people, with a proven track record of successfully leading a dispersed team.

Nice To Haves

• Master’s degree in business administration, finance or accounting preferred.

Responsibilities

• Develops sound, progressive, and effective Association programs in the areas of funding, investments, cash management, forecasting, budgeting, financial and tax reporting, internal controls, and similar activities of the Association within guidelines established by FCA and the association’s Board of Directors.
• Oversees planning activities, including establishment of performance standards and monitoring departmental performance.
• Develops and executes the annual operating budget, capital budget, capital plan, and interest rate policy.
• Develops the long-range financial plan and business objectives for the Association in conjunction with the CEO, Executive Management Team (EMT) and Board of Directors.
• Provides financial and operational analysis to support managerial decision-making processes.
• Develops, implements, and monitors loan product pricing programs designed to meet earnings requirements, adequately compensate for risk and are competitive in the marketplace.
• Analyzes and recommends appropriate levels of capital for the Association and makes recommendations for uses of excess capital for consideration by executive staff and the board, including the Association’s patronage program.
• Leads the finance and accounting functions including providing hands on coaching and mentoring to staff, assignment of responsibilities with clearly assigned responsibilities and tasks. Oversees staffing, including selection, performance evaluations and training and development.
• Effectively manages the Association’s fixed assets.
• Develops, analyzes, and recommends new or improved policies and procedures that contribute to the successful operation and financial soundness of the Association.
• Operates sound, progressive, and effective association programs in the area of loan accounting within guidelines established by the FCA, the Association's board and within the bounds of sound business practices.
• Responsible for departmental budget. Commits expenditure of funds within delegated approval authority limits.
• Serves as chairperson of the Asset/Liability Committee and coordinates the Association’s asset/liability management programs to facilitate the assessment and control of interest rate risk and ensures compliance with association financial objectives.
• Oversees the allowance for loan loss calculation and adjustments.
• Keeps the Association’s EMT and Board of Directors informed on significant items affecting the Association’s financial operations.
• Communicates Association board policy and management philosophy on fiscal related items to Association staff and where applicable, to other associations.
• Serves as a member of system-wide work groups or committees as appropriate.

Benefits

• Incentive Program: Company-wide, goals-based rewards.
• Accrued Time Off: Earn 13 days of annual leave and 15 days of sick leave per year, plus enjoy 12 paid holidays annually.
• Retirement: 401(k) with up to 9% employer contribution/match.
• Health Coverage: Affordable medical, dental, and vision plans.
• Parental Leave: 8 weeks of paid parental leave.
• Life & Disability Insurance: Employer-paid coverage.
• Education & Wellness: Tuition reimbursement and up to $400 for wellness expenses.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive