Job Information
Olympia Federal Savings Chief Financial Officer in Olympia, Washington
Description OlyFed employees love the places we work and the communities we serve. In addition to a generous benefit package and opportunities for career growth, OlyFed employees are able to boast about working for an organization with a positive reputation and a proven commitment to our communities. OlyFed prides itself on a history of personal, high-quality service to our customers and community. The spirit of giving is built into our charter and culture. Each year OlyFed dedicates more than 10% of its revenues to community support. In addition to corporate financial contributions, our employees extend the policy of community involvement by donating their time and talents. We are looking for a Chief Financial Officer to join our team. The CFO is responsible for the organization's Financial functions, actively participates in strategic business plan objectives including financial planning and budget management, and carries out department expectations and business plan objectives. ESSENTIAL DUTIES & RESPONSIBILITIES: Develop and implement key performance indicators in collaboration with the CEO to support and propel the strategic business plan. Active participant in the development, execution, and promotion of the strategic direction of the Association. Oversee strategic direction of the Accounting and Finance functions. Manage overall performance, ensuring all goals and deliverables are met. Ensure proactive/effective coaching and development of staff. Actively factor succession planning strategies into staffing plans. Develop strategies to grow revenue and assets, increase profitability and efficiencies, and manage all aspects of balance sheet performance. Provide expertise and guidance regarding the financial position of the Association. Analyze trends, make recommendations, and provide reports to assist the Board of Directors. Oversee administration of investment portfolio to provide liquidity and safety, while optimizing earnings in accordance with established policies. Partner with senior leadership to develop an effective budget that supports strategic initiatives, association health, and effective use of resources. Annual external financial audit process and prepare financial statements and disclosures. Chair of the Asset-Liability Committee (ALCO). Evaluate validity of interest rate risk (IRR) model. Research, analyze and prepare complex reports on historical and forecasted financial. Staff management including staffing, coaching, communication, performance, and meetings. Represent OlyFed internally and externally, in a manner consistent with our values and culture. Assist CEO with any special assignments, projects, and reports. And other duties as assigned. Requirements KNOWLEDGE, SKILLS AND ABILITY REQUIREMENTS: Maintain a high degree of confidentiality and business ethics at all levels. Thorough understanding of accounting, banking and loan regulations and Association policies and procedures with demonstrated ability to interpret and apply quickly and independently. Excellent public and customer relations skills to effectively communicate with internal and external customers, determine their needs, and maintain their confidence. Organization and flexibility to prioritize workload in a fast-paced, customer-driven environment. Utilize analytical techniques and exercise independent judgment to identify strategies to solve problems and complex customer needs. Detailed understanding of a financial institution's general ledger and investment accounting. Develop, read, and analyze financial reports, and gather, organize and compile numerical data into accurate, meaningful reports. Gather and scrutinize data to identify issues and trends. Exercise customer confidentiality and discretionary judgment. Read, write, speak, and understand English well. Proficiency in basic computer programs with ability