VP of Finance and Accounting

Skyla Credit Union•Charlotte, NC

3d•Onsite

About The Position

VP of Finance and Accounting Job Grade: 17 Working at Skyla Credit Union Skyla offers a supportive, inclusive culture while providing opportunities for growth, learning, and career advancement. Making it a strong place to build both skills and meaningful connections. Joining Skyla means having the support, tools, and guidance you need from day one. A welcoming culture where teammates and leaders genuinely care about your success and growth. A collaborative work environment focused on teamwork, development, and making an impact in the community. Flexibility and support to help you balance work while meeting member needs. A strong benefits package and meaningful perks that support your overall well-being: medical, vision, dental, 6% Match 401(k), Tuition Reimbursement, Paid Community Volunteer Opportunity, Paid Time Off, Quarterly Well Being Benefit, Interest Rate Perks on Deposit and Loan Accounts. Our Values We’re in your corner: we genuinely care about the well-being of our members and employees. We make possibilities reality! We make an impact: we exist for our communities. We provide support and opportunities to meet the needs of our friends and neighbors. We’re better together: we are a team. We work together to service and support our members and each other. We’re on a journey together: we always look for improvement opportunities to benefit our members and employees. We believe that with continuous improvement learning, there is no limit to what we can achieve together. We welcome everyone: we empower all by sharing different perspectives, unique abilities, thought processes, and creating a diverse and inclusive credit union.

Requirements

Bachelor’s degree in Finance, Accounting, or related field required
10+ years of progressive financial leadership experience in a credit union, bank, or other financial institution, including direct experience with accounting operations and GAAP-based financial reporting.
Expert knowledge of ALM, liquidity management, financial oversight, and regulatory requirements.
Working knowledge of GAAP, internal controls, and general ledger/accounting operations sufficient to direct an Accounting Manager and accounting staff.
Direct experience with financial forecasting, multi-million-dollar operating budgets, and derivatives program oversight for interest rate risk management.
Direct experience serving as a primary liaison for NCUA examinations (or examinations by a comparable federal financial regulator) and CPA audits.
Track record of leading or actively contributing to executive committees such as ALCO and Rate Committee.
Strong leadership, communication, and presentation skills, with ability to influence at all levels.
Proficiency with financial systems, ALM modeling tools, data analytics platforms, and Microsoft 365.

Nice To Haves

MBA, CPA, or CFA strongly preferred.

Responsibilities

Lead the enterprise accounting function, ensuring GAAP compliance and accurate, timely, well-controlled completion of month-end and annual close, general ledger activity, account reconciliations, accounts payable, fixed assets, and employee expense reimbursement.
Establish, maintain, and enforce accounting policies, close governance, reconciliation standards, general ledger ownership, documentation expectations, and internal control frameworks that protect the integrity of financial data and Credit Union assets.
Direct all accounting oversight, financial reporting, and financial analysis for the Credit Union and its Credit Union Service Organizations (CUSOs), ensuring accuracy, compliance, and timely reporting.
Prepare and deliver Board and management financial reporting packages.
Lead audit readiness and external audit support, including preparation and review of audit schedules, accounting documentation, and control evidence, and serve as a point of contact for internal auditors, external auditors, and NCUA examiners on accounting-related examinations, responding appropriately to exceptions and recommendations.
Oversee tax compliance support and tax accounting coordination, including collaboration with external tax advisors as appropriate.
Drive modernization of accounting systems, workflows, close processes, and reconciliation tools, including exploration of Artificial Intelligence and machine learning techniques, to improve scalability, efficiency, and control effectiveness.
Direct the finance team and overall finance function, serving as an integral member of the Senior Leadership Team and advising the CFO and Executive/Senior Management on financial planning, budgeting, cash flow, investment priorities, and policy matters.
Ensure compliance with applicable NCUA regulations and other regulatory requirements pertaining to finance and ALM, serving as the primary point of contact for NCUA examiners during examinations for items pertaining to budgeting, forecasts, liquidity, and asset & liability management.
Direct ALM simulation, modeling, and ongoing monitoring efforts, evaluating results relative to board-approved policy limits and parameters, including scenario and sensitivity testing to guide business decisions.
Direct the preparation of financial forecasts, the annual $130M+ budget, including monitoring and ongoing budget/actual performance analysis, and financial reporting for executive management and the Board.
Oversee cost center accounting and profitability feedback and analysis, including branch profitability, product profitability, and peer performance analysis, providing feedback to senior management and business units to inform strategic decisions.
Oversee on- and off-balance sheet liquidity sources, including primary and secondary liquidity, investment portfolio management, and relationships with liquidity vendors such as the Federal Home Loan Bank and non-maturity deposit outlets, and monitor concentration risk across loan, investment, and deposit portfolios.
Provide oversight of the credit union's derivatives program, ensuring compliance with regulatory expectations, effective risk management, and ongoing analysis for margin protection, including periodic education to the board and ALCO as prescribed by regulations and policy.
Lead Rate Committee discussions and oversee the development of monthly ALCO meetings, making loan and deposit pricing recommendations under the direction of the CFO in consideration of the credit union's ALM framework, earnings structure, net interest margin, and marketplace competitiveness.
Direct the recruitment, development, training, coaching, and performance management of team members across the Accounting and Finance/ALM functions, including talent development and succession planning to ensure continuity of leadership.
Comply with all Federal regulations, Credit Union policies and procedures, including Bank Secrecy and the USA Patriot Act.
Perform job duties in accordance with the Credit Union's values, mission and vision.
All other duties as assigned.