Director of Finance
Job Details
Experienced
Mountlake Terrace - Mountlake Terrace, WA
Full Time
4 Year Degree
Day
Finance
Description

SUMMARY:   Responsible for managing and participating in the bank’s interest rate risk, liquidity, Asset/Liability, and Budget processes.  This position will share responsibilities with the VP-Finance who is responsible for daily cash management, GL entries, reporting, investments, and derivative accounting.

 

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following:

  • Engage with the preparation and creation of reports that summarize the bank’s interest rate risk position and overall liquidity position.
  • Prepare, distribute, and compare budgets utilizing the company systems based upon Leadership team feedback and the 3 year strategic plan.
  • Works with the CFO to prepare a 3 Year Strategic Plan that will begin with the 2022-2025 time horizon.
  • Develops models for acquisitions including branch acquisitions and whole bank acquisitions.
  • Work with the Finance team to maintain budgeting systems that provide control of expenditures made to carry out activities, such as advertising and marketing, production and labor, maintenance, or project activities.
  • Provides management with timely reviews of organization's Board approved risk positions and progress in its various programs and activities.
  • Advises management on desirable operational adjustments due to tax code revisions.
  • Works with examiners related to the interest rate risk and liquidity position of the bank.
  • Finalizes reports required by regulatory agencies.
  • May recommend future financial plans and policies.
  • Oversees the Asset/Liability Committee, Pricing Committee, and Budget Committee.
  • Performs other duties as assigned.

 

SUPERVISORY RESPONSIBILITIES  

Although no direct employees at this time, may be responsible for managing employees.  Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.

Qualifications

EDUCATION and/or EXPERIENCE

  • College Diploma or equivalent.
  • Minimum of 3 years in Finance, Accounting or applicable fields.
  • Strong Excel and database skills related to financial management systems.
  • Ability to quickly learn stringent reporting requirements for Investor Accounting.
  • Ability to quickly solve problems and create solutions based on set parameters.
  • Detail oriented with a focus on financial presentation.
  • Strong communication and interpersonal skills.
  • Strong time management with an emphasis on meeting tight deadline requirements.
  • Ability to maintain confidentiality of sensitive information.
  • Must be bondable.

COMPUTER SKILLS

To perform this job successfully, an individual should be proficient in Microsoft Office Products and other Database software.

PHYSICAL DEMANDS AND WORK ENVIRONMENT

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • The employee will operate in a general office environment, using office equipment such as a phone and a computer.

  • The noise level in the work environment is usually quiet to moderate as compared to a private office with light foot traffic and office equipment. The employee must be able and willing and able to interact frequently with the general public.

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