Gogulfwinds - Orlando, FL
posted about 2 months ago
The Chief Financial Officer (CFO) at Gulf Winds Credit Union plays a pivotal role in driving financial results and shaping the long-term future of a high-performing Credit Union. This position is responsible for determining both short-term and long-term objectives in Accounting, Finance, and Risk Management for the Credit Union as a whole, as well as for significant initiatives such as mergers, acquisitions, and derivatives that drive the Credit Union's growth. The CFO oversees the development, implementation, and execution of strategic initiatives to achieve the Credit Union's objectives in accordance with policies established by the President/CEO and the Board of Directors. This role involves monitoring the performance of the Credit Union and the economic environment to mitigate risks while fostering balanced and intelligent growth. Additionally, the CFO maintains primary oversight of liquidity and interest rate risk. As a key leader within the organization, the CFO coordinates investments, efforts, and financial resources, actively seeking opportunities to strengthen Gulf Winds' operations and protect its financial strength. The CFO develops mechanisms to ensure sound information and analysis that is pertinent and timely, collaborating closely with executive management team members, auditors, and regulators. This position also provides crucial oversight to subordinate leaders in key areas such as Accounting, Finance, and Risk Management, ensuring these areas are effectively managed and aligned with the Credit Union's overall objectives, which underscores the CFO's role in maintaining the Credit Union's financial health and stability. The essential functions and responsibilities of the CFO include directing and monitoring Accounting, Finance, and Risk Management operations through subordinate leaders to ensure the Credit Union meets established goals and objectives. The CFO is responsible for collaborating with divisional leaders to develop and maintain a future-focused divisional strategic plan that drives financial growth and supports the overall strategic plan for the Credit Union. They oversee the management and maintenance of the Credit Union's Asset Liability Management (ALM) models and profitability, ensuring that the Credit Union makes informed decisions based on the best analysis available. The CFO formulates and recommends operating policies and objectives, ensures compliance with approved policies, and maintains sound services and working relationships with governmental bodies and key vendors. They analyze monthly, quarterly, and annual reports, providing insights on liquidity, investment, delinquency, and regulatory compliance, while also reviewing and evaluating investment opportunities for suitability to the Credit Union's portfolio.