Chief Financial Officer (CFO) - Strivector
Phoenix, AZ 85053
About the Job
Strivector Corp is a National Staffing and Recruiting agency established in 2012 and headquartered in Austin, Texas. We are a preferred partner for several Fortune 500 companies nationwide. Strivector has been consistently rated a rare 4.6/5 on Google, Indeed and Glassdoor by our candidates, customers, employees and contractors.
Elevate your professional journey with us. Strivector s premier client (a well-known market leader in their space) is hiring for the following full-time direct hire position.
POSITION OVERVIEW
As a Chief Financial Officer your roles and responsibilities will include:
- Develops sound and effective programs in the areas of capital, funding, investments, cash management, forecasting, budgeting, audit, vendor management, loss reserves, regulatory reporting, strategic planning, financial reporting & metrics, human resources, payroll/benefits, branch operations, loan operations, deposit operations and similar activities within guidelines established by the Bank and the Board of Directors; provides supervision and support to all assigned areas of department operations where service or assistance is needed; and oversees activities of department support personnel and opens and closes department.
- Participates and assists the Bank in formulating and meeting its overall strategic business plans and goals, including the Bank s annual operating budget, capital plan and budget, and interest rate risk (IRR) strategy; at the direction of the CEO coordinates the preparation and execution of the Bank s strategic business plan; develops strategies and tactical business plans to help achieve organizational objectives; participates in the development and implementation of both long- and short-range financial plans; recommends new efforts to improve ROE/ROA; determines the appropriate allocation of resources to ensure maximum profits commensurate with the best interests of shareholders, customers and employees; and provides expert financial advice and input to the Board of Directors and Senior Management.
- Serves as chairperson of the Bank s Management Asset/Liability Committee (MALCO) and coordinates the Bank s asset/liability management programs to facilitate the assessment and control of interest rate risk and ensures compliance with Bank financial objectives.
- Assists in capital raise activities and in planning and executing the banks planned future IPO or public listing, maintaining lists of shareholders, shareholder relations and communications and participating in quarterly and periodic investor conference calls.
- Plans, coordinates, and executes effective processes related to the Bank s capital and asset and liability structure by evaluating the structure, position and strategies in order to maximize the Bank s interest margin and overall profitability while managing the Bank s interest rate risk position in a safe and sound manner, including, but not limited to, the review of the Bank s loan portfolio for pricing and maturity distribution, the review of the Bank s investment portfolio to ensure adequate pre-purchase analysis is performed on all investment securities and that investments are performing as expected, the review of the Bank s deposit pricing and maturity stratification, and that adequate liquidity is maintained via lines of credit or liquid investments.
- Conducts financial and management reporting processes; prepares forecasting and budgeting plans and conducts regular and ad-hoc financial reporting as required by the Board of Directors, President and CEO, shareholders, and other members of Senior Management, including, but not limited to, production reporting, financial analysis at the product and cost center level, and expense control.
- Develops, implements, and monitors accounting policies, procedures, practices, and internal controls; establishes and maintains accounting, and fiscal controls and the preparation and interpretation of internal and external financial reports; conducts business line and product profitability analysis; and works with the Chief Credit Officer in the calculation and methodology of the Bank s allowance for loan and lease losses (ALLL)/current expected credit losses (CECL).
- Oversees the preparation of all regulatory filings including quarterly Call Reports, tax filings, in addition to other reports that may be requested by various regulatory agencies.
- Participates in the evaluation of potential merger and acquisition (M&A) candidates and coordinates the preparation of M&A financial projections.
- Assures audit compliance and procedure quality control are maintained for the department and Bank; reviews, recommends, and initiates corrective actions; oversees certification and audit activities for all branches and departments; and ensures department follows established Bank policies, procedures and state and federal regulations.
- Treats people with respect; keeps commitments; inspires the trust of others; works ethically and with integrity; upholds organizational values; and accepts responsibility for own actions.
- Assures compliance with all Bank policies, procedures and processes, and all applicable state and federal banking laws, rules and regulations, and adheres to Bank Secrecy Act (BSA) responsibilities that are specific to the position.
QUALIFICATIONS
Most importantly, you need to be a passionate Chief Financial Officer who enjoys his work and is considered to be one of the best within your organization. The ideal Chief Financial Officer would be someone with deep experience in many (if not all) of the following:
- Bachelor s degree from a college or university; or 10+ years of related experience and/or training. Work related experience must consist of management experience in the financial services industry.
- Educational experience, through in-house training sessions, formal school, or financial industry related curriculum, should be business or financial industry related.
- A CPA designation, professional banking school completion and accreditation and/or advanced education beyond a college degree is preferred, ideally in a financial or business discipline, such as master s degree or MBA.
We understand that even if you are a seasoned you may Chief Financial Officer not have all the skills listed here.
ADDITIONAL INFORMATION
Compensation: Based on Experience. One of the best in the industry
Minimum Education: Bachelor s degree from a college or university
Minimum Experience: 10-12 years of similar experience-
Type of position: Full-time Permanent position with benefits
Location: Phoenix, AZ
Location: Phoenix, AZ
Remote / Hybrid: No
Relocation accepted: Yes, Full relocation benefits are provided.
Relocation accepted: Yes, Full relocation benefits are provided.
Source : Strivector
