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Chief Financial Officer (Boston, MA)
The City of Boston Credit Union has an incredible opportunity for a Chief Financial Officer to join its executive leadership team! The new executive will be a strategic advisor who will counsel the President/CEO and Board of Directors regarding the credit union's internal accounting, financial, and asset/liability management operations.
Reporting to the Chief Executive Officer, the Chief Financial Officer (CFO) will direct, oversee, and be responsible for the credit union's financial activities, including planning, controlling, and directing the credit union's accounting, financial, liquidity, and investment programs/systems. The incoming CFO will directly oversee the Asset Liability (ALM) program, which includes Interest Rate Risk, Concentration Risk, Liquidity & Investment measures, and controls. This individual will appraise the Credit Union's financial condition and coordinate the issuance of periodic financial and operating reports that adequately assess and report on the results of operations in conformity with Generally Accepted Accounting Procedures (GAAP) and Federal Regulations.
A bachelor's degree in Accounting or Finance is required, MSA or equivalent, and/or CPA is highly desirable. Must have 5 - 7 years of accounting /finance experience with knowledge of partnering with 3rd party vendors on ALM management. Proven leadership, mentorship, and coaching capabilities are required. Proficiency in Microsoft Software, PowerPoint, and other financial reporting techniques is required. Must have demonstrated acumen in strategy, finance, accounting, ALM, investment strategies, accounting principles, and financial regulations; possess excellent communication skills and have extraordinary integrity and trust.
About the City of Boston Credit Union:
Headquartered in South Boston with approximately $600 million in assets, the City of Boston Credit Union is a member-centric organization serving a diverse 31,000-member base. It proudly has a low-income designation. The City of Boston Credit Union was founded in 1915 by Mayor James Michael Curley so that working people could get the rates and services they deserve. Today, the City of Boston Credit Union serves anyone living, working, or attending school in 85 cities and towns across eastern Massachusetts (Suffolk, Norfolk & Middlesex Counties), also serving employees of the Commonwealth of Massachusetts.
This is a management position
This is a full time position