Education and Experience:

Minimum of a bachelor’s degree in finance or accounting.

Minimum five (5) years’ experience in a similar position at a credit union, bank, or savings & loan. Knowledge and

Abilities:

Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents.
Ability to respond to common inquiries or complaints from members, regulatory agencies, or members of the business community.
Ability to effectively present information to top management, public groups, and/or boards of directors.
Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry.
Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
Ability to define problems, collect data, establish facts, and draw valid conclusions.
Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
Ability to operate a personal computer (with a Windows operating environment) including the knowledge and ability to utilize the full suite of Microsoft Office software programs including, but not limited to, Excel spreadsheets, Microsoft Word, and PowerPoint.
Ability to work with other software platforms as necessary to perform essential duties associated with the position. This includes, but is not limited to, Asset/Liability Management software, core data systems and associated software, and other financial management software. Familiarity with credit union accounting standards and credit union industry terminology. The mental characteristics necessary to competently perform this job involve the occasional need to be creative and imaginative; the frequent need to instruct, persuade and negotiate; and the continuous need to be resourceful in solving problems.
While performing the duties of this job, the employee is regularly required to sit and talk or hear. The employee frequently is required to use hands to finger, handle, or feel objects, tools, or controls and reach with hands and arms. The employee is occasionally required to stand and walk.
The employee must occasionally lift and/or move up to 50 pounds.
May require working with disgruntled members.

Essential Duties and Responsibilities:

The requirements listed below are representative of the knowledge, skill and/or ability required.

Report to work on time and as scheduled, as regular attendance is an essential function of the job.
Responsible for planning, controlling, and directing the credit union's accounting and financial reporting systems. Provides counsel to the President/CEO and Board of Directors regarding the credit union's internal accounting and financial reporting system policies, programs, and procedures to ensure that they comply with generally accepted accounting principles and regulations respecting accounting for credit unions. Conducts analyses and prepares regular reports that depict the financial status of the credit union.
Prepares data and reports for use in third party audit and regulatory exams in conjunction with the Vice President of Audit/Compliance.
Participates with the President/CEO in strategic planning and in organizing and controlling the organization’s corporate and operational business affairs.
Maintains conservative yet reliable records, prepared on a timely basis, that fully address all aspects of the credit union's assets, liabilities, income, expenses, and reserves.
Ensures that the entire accounting and data processing system is maintained to conform to the requirements of the Federal Credit Union Act, State legislation as might be applicable, other Rules & Regulations and Financial Management Standards prescribed and/or recommended for the prudent financial management of the credit union.
Responsible for prudently investing excess funds to maximize yields while ensuring sufficient liquidity to cover the Credit Union’s operational needs.
Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing and hiring employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
Directs departmental staff in the creation and maintenance of required systems and procedures necessary to maintain proper records and adequate accounting controls and services.
Oversees and directs treasury, budgeting, asset/liability, audit, tax, accounting, purchasing, owned real estate and insurance, and related accounting and finance activities for the organization.
Works closely with external auditors and with federal and state credit union examiners to ensure the credit union complies with prescribed accounting methods set out in regulation, law, FASB rules, and generally accepted accounting principles.
Appraises the organization's financial position and issues periodic financial and operating reports that adequately assess and report on the financial condition of the credit union.
Directs and coordinates the establishment of budget programs.
Analyzes, consolidates, and directs all cost accounting procedures together with other statistical and routine reports.
Oversees and directs the preparation and issuance of the corporation's Annual Report.
Directs and analyzes studies of general economic, business, and financial conditions and their impact on the organization's policies and operations.
Oversees the Credit Union’s Enterprise Risk Management and Vendor Management programs.
Manages the Vice President of Audit/Compliance and works with the VP of Audit/Compliance in directing and coordinating that department.
Participates in continuing education as approved by CEO, completes annual training of all required compliance regulations, including the BSA, and adheres to the regulations.
All other duties as may be assigned by the CEO and necessary to ensure the smooth, safe, and secure operations of the Credit Union.

River Valley Credit Union

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