Chief Financial Officer

Signal Financial Federal Credit Union

Kensington, MD

Position Description

Signal Financial Federal Credit Union (Signal) is committed to connecting its members with great service, outstanding rates, convenience, accessibility, and forward-thinking leadership. Since its inception in 1947, Signal has been dedicated to providing members with a better financial alternative and improving the quality of their financial lives. Signal is looking for its next chief financial officer (CFO) to lead the credit union’s finance and accounting activities strategically.

Signal seeks a dynamic and strategic executive to maximize member-owner returns and promote financial stability and soundness. The CFO will oversee planning, budgeting, implementing, managing, and controlling all financial-related activities of the credit union. They serve as the credit union’s investment officer and provide guidance to the president, board of directors, asset-liability committee, and senior management to ensure the credit union continues to meet the needs of its members while maintaining a sound financial condition.

This role oversees the day-to-day operations of accounting, finance, treasury, and collections. The CFO is heavily involved in forecasting and strategic planning and is instrumental in maintaining the credit union's financial health to best serve the membership. In addition, the CFO will develop and mentor the accounting and finance teams and ensure operational effectiveness from all team members. They are a senior leadership team member and report directly to the chief executive officer.

The CFO will serve as the financial expert at Signal and will communicate and interact with several entities as they analyze, interpret, and deliver comprehensive analyses of financial results to the executive leadership team and the board of directors. The CFO will work closely with auditors and regulators to ensure compliance with accounting methods and NCUA regulations. In addition, the CFO has a tremendous attention to detail, an affinity for numbers, and a passion for timeliness. Excellent communication and interpersonal skills are necessary for the CFO to be successful.

Requirements:

  • Bachelor's degree required; Advanced degree and/or CPA preferred
  • 10+ years of executive leadership experience in accounting/finance at a bank or credit union
  • Exceptional leadership, communication, interpersonal, and decision-making skills
  • Ability to think strategically, synthesize complex business/financial data, and develop innovative solutions
  • Ability to multitask, maintaining a high degree of detail and accuracy
  • Action-oriented and results-driven

© 2023 DDJ Myers, an ALM First Company 800.574.8877 | www.ddjmyers.com Salary ranges from $170,000 to $223,00 annually. ABOUT DDJ MYERS, an ALM FIRST Company DDJ Myers is the executive search consultant for this organization. Our expertise is in supporting leadership teams in sustainable practices for high-performing organizations through succession planning, leadership development programs, executive coaching, board governance and renewal, and executive search. Please learn more about us at www.ddjmyers.com.

Job Position Type
Executive
Application Deadline
Mar. 1, 2024