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Kitsap Credit Union · 8 hours ago

Director, Finance

Bremerton, WA

Full-time

Hybrid

Senior Level, Lead/Staff

$111K/yr - $138K/yr

8+ years exp

Kitsap Credit Union is a not-for-profit financial cooperative committed to the financial wellbeing of its members and the communities it serves. The Director of Finance is responsible for overseeing financial forecasting, budgeting, asset/liability management, and ensuring the integrity of finance reporting systems to support strategic decision-making.

BankingFinancial Services

No H1B

Responsibilities

Perform financial forecasting and budgeting, which includes projecting the Balance Sheet and Income Statement, reporting on results, and monitoring operating metrics and trends

Report on actual to budget performance and prepare reporting for Management and Board of Directors review

Contributes to improvements to the overall budget and forecasting process. Owns components of the annual financial plan and underlying budget for the credit union

Analyze costs, activities, operations, and forecasts data to determine departmental progress towards stated goals

Oversee the preparation of financial reports to include reviews, analysis, and interpretations

Establishes projects and goals for each area of responsibility and tracks performance

Contribute to the development and execution of balance sheet and liquidity strategies

Prepare/contribute to asset/liability and finance committee materials

Contribute to the preparation, maintenance, and execution of an investment strategy that aligns with the overall balance sheet and liquidity strategies

Contribute to or own other ad hoc analysis as needed including mergers and acquisitions, etc

Work closely with our external vendor to prepare the quarterly interest rate risk update used to evaluate interest rate risk exposure and alternative strategies when necessary. Provide data, update key assumptions, and review and create presentations of the results

Manage large confidential data sets involving deposit and loan data for statistical analysis

Analyze various revenue and balance sheet strategies in partnership with business leads and present meaningful results to Management for consideration

Develop and maintain pricing models for loan and share products

Coordinate the preparation of the annual operating budget for non-interest income and expense in conjunction with department leads and other Finance personnel

Perform Credit Risk Management (CRM) analysis, including analysis of the qualitative factors affecting the Allowance for Loan Loss (ALLL) reserves and a quarterly economic report to Management explaining the results

Provide information and support, as requested, during regulatory examinations and financial audits

Perform financial analysis calculating estimated return on investments for requested strategic projects. Calculate actual return on investment for select strategic projects one year after implementation

Collaborate with leaders across the organization; lead initiatives to improve business processes and drive efficiency

Qualification

Financial forecastingBudgetingAsset/liability managementInvestment portfolio analysisMicrosoft Office SuiteCredit Risk ManagementAnalytical skillsInfluencing skillsCommunication skillsOrganizational skillsTime managementCollaborationAttention to detail