Chief Financial Officer

NextMark Credit Union

Fairfax, Virginia

USA

Position Description

NextMark Credit Union (NextMark) is searching for its next chief financial officer (CFO), with the potential for CEO succession. The CFO is a strategic leader responsible for generating and interpreting financial data to create projections that aid in strategic decision-making by the board of directors and the CEO. You will lead all aspects of the accounting department and oversee budgeting, facility, card services, audit, tax, purchasing, and insurance activities. You will create strategies and scenarios to manage the financial, risk, investment, and borrowing needs to ensure maximum earning potential and maintain liquidity requirements. 

As the CFO for this well-run credit union, you will be an integral part of the executive team, assisting the President/CEO in defining NextMark's financial goals and directing the annual 
budget preparation. Additionally, you will project income, expenses, profits, and asset/liability growth while analyzing department budgets and allocating operating budgets. The CFO also serves on the ALM Committee.
 
The CFO directs and supervises the accounting department, hires, trains, and evaluates employee performance, establishes performance expectations, recommends promotions and salary adjustments, and promotes the overall success of employees in the department. The CFO is a leader, mentor, and coach to employees and will encourage development and growth at all levels. 
You will add value through your recommendations for efficiencies and enhancements to business resumption planning and testing. Stay current on financial trends, conduct scenario testing, and make strategic and data-driven recommendations for growth opportunities.

Candidates must have credit union experience. A bachelor's degree and a professional certificate or a graduate degree in business administration, finance, or accounting is required to be considered for the role. A CPA is preferred. Motivating or influencing others is a material part of the job, requiring a significant level of diplomacy and trust. Internal and external cooperation is an important part of the job, and a high level of interpersonal skills is critical to success. Work frequently involves contact with coworkers, peers, and vendor or business partners, requiring considerable discussion of problems, material presentations, and resolving issues impacting departments. Excellent analytical skills, people skills, and self-direction. The ability to work within deadlines and under pressure is essential. Hybrid work environment is a possibility.

Job Position Type
Executive
Application Deadline
Oct. 29, 2022