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Kitsap Credit Union · 2 days ago

Director - Finance

Bremerton, WA

Full-time

Hybrid

Senior Level, Lead/Staff

$118K/yr - $138K/yr

Kitsap Credit Union is a not-for-profit, member-owned financial cooperative committed to the financial wellbeing of its members and the communities it serves. The Director of Finance is responsible for overseeing financial forecasting, budgeting, and asset/liability management to support the credit union's financial management decision-making and operational excellence.

BankingFinancial Services

Responsibilities

Perform financial forecasting and budgeting, which includes projecting the Balance Sheet and Income Statement, reporting on results, and monitoring operating metrics and trends

Report on actual to budget performance and prepare reporting for Management and Board of Directors review

Contributes to improvements to the overall budget and forecasting process. Owns components of the annual financial plan and underlying budget for the credit union

Analyze costs, activities, operations, and forecasts data to determine departmental progress towards stated goals

Oversee the preparation of financial reports to include reviews, analysis, and interpretations

Establishes projects and goals for each area of responsibility and tracks performance

Contribute to the development and execution of balance sheet and liquidity strategies

Prepare/contribute to asset/liability and finance committee materials

Contribute to the preparation, maintenance, and execution of an investment strategy that aligns with the overall balance sheet and liquidity strategies

Contribute to or own other ad hoc analysis as needed including mergers and acquisitions, etc

Work closely with our external vendor to prepare the quarterly interest rate risk update used to evaluate interest rate risk exposure and alternative strategies when necessary. Provide data, update key assumptions, and

Qualification

Financial forecastingBudgetingAsset/liability managementInvestment portfolio analysisFinancial reportingData analysisStrategic planningLeadershipCommunicationTeam collaboration

Required

Experience in financial forecasting and budgeting, including projecting the Balance Sheet and Income Statement

Ability to report on actual to budget performance and prepare reporting for Management and Board of Directors review

Experience in contributing to improvements to the overall budget and forecasting process

Ownership of components of the annual financial plan and underlying budget for the credit union

Ability to analyze costs, activities, operations, and forecasts data to determine departmental progress towards stated goals

Experience in overseeing the preparation of financial reports to include reviews, analysis, and interpretations

Ability to establish projects and goals for each area of responsibility and track performance

Experience in contributing to the development and execution of balance sheet and liquidity strategies

Ability to prepare/contribute to asset/liability and finance committee materials

Experience in contributing to the preparation, maintenance, and execution of an investment strategy that aligns with the overall balance sheet and liquidity strategies

Ability to contribute to or own other ad hoc analysis as needed including mergers and acquisitions

Experience working closely with external vendors to prepare quarterly interest rate risk updates