Director, Financial Planning & Analysis (Finance)

Job Description
ALEC is one of the largest credit unions in Illinois, backed by the strength and stability of over $1.1 billion in assets. Every day, we work hard to prove our commitment to provide the very best financial products and services to more than 30,000 ALEC members. We welcome bright, service-oriented professionals who want to build their career and help our credit union continue to expand its presence, offerings and the people it serves. ALEC is looking for a CFO to join our team.

The CFO is responsible for the effective management, operation, results and strategic advancement of the Finance, Accounting, and Operations departments.

Manages the overall financial activities of the credit union, including the preparation and interpretation of financial statements, asset liability management, investing and budgeting
Provides leadership in the development for the continuous evaluation of short and long-term strategic financial objectives
Prepares all credit union financial statements in accordance with GAAP and applicable federal and state regulatory laws for financial reporting
Produces all financial and statistical reports for presentation to the Board of Directors
Provides management with analysis and advice on the financial implications of business activities
Responsible for the preparation of the annual budget along with financial forecasting
Provides CEO with recommendations to strategically enhance financial performance and business opportunities
Manages and optimizes the organization’s investment portfolio in order to achieve the organizational investment goals of liquidity, safety and return
Prepares monthly reports and analysis to the ALCO committee
Reports financial results at monthly board meetings
Supervises the budget for the Finance, Accounting, and Operations departments to ensure they are consistent with the overall strategic plan and budget of the credit union
Bachelors degree in Business Administration or related field, Certified Public Accountant (CPA) designation
Masters degree in Business Administration (MBA)
Experience Required: 8 years of progressive, strategic management experience in an accounting or finance role
Ability to use computers and job-specific technology/software efficiently
Performs responsibilities with composure, quality and accuracy under stress of deadlines/requirements
Responsible for overseeing employees’ performance, identifying development areas, addressing employee relations issues and providing direction, support, training and regular coaching.

Accounting Director, Operations Manager, and Finance Manager
TRAVEL:
Up to 10% local travel. Up to 10% national travel may be required to attend conferences and visit micro branches. The base pay for this position is $217,901.33 to $363,168.89 per hour.