Chief Financial Officer is responsible for developing an organization's overall financial policies. Provides strategic direction of all financial functions including accounting, budget, credit, insurance, tax, and treasury. Being a Chief Financial Officer ensures that proper financial controls are in place and that financial transactions support the overall business strategy while conforming with applicable laws and regulations. Requires an advanced degree. Additionally, Chief Financial Officer may require the Certified Public Accountant (CPA) credential. Typically reports to chief executive officer (CEO) or chief operating officer (COO). Responsible for the development of functional or business unit strategy for the entire organization. Defines corporate vision and strategy establishes company direction and focus. Executes multiple high impact initiatives to achieve overall corporate goals. (Copyright 2024 Salary.com)
Position may be based out of Luana Savings Bank's Polk City, Norwalk, or Luana locations.
The CFO Oversees all record keeping, budgeting, tax and accounting activities of the financial institution. Makes recommendations relating to budget preparation, profit forecasts, and operational changes as needed. Responsible for the bank's funds management activities and investment portfolio. Issues reports on financial stability, liquidity, income and expenses; provides economic analysis and market share data for planning and competitive analysis; analyzes securities and investment activities. Leads the Asset and Liability Committee (ALCO) and asset/liability management (ALM) functions of the bank. Reviews, ensures compliance, and makes recommendations to finance-related bank policies and plans. Conducts or supervises accounting, budgeting, and/or financial analysis functions, as well as the necessary mathematical/financial projection models/systems to support such activities. Responsible for compiling financial and accounting reports, preparation of accounting entries, and adjustments to the bank's operating statements. Call report preparation will be a high priority. Presents to the Board of Directors Monthly. Reports to the CEO.
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Luana Savings Bank is a TOP WORKPLACE named continuously by the Des Moines Register and is consumer-voted BEST BANK in the entire METRO per the Des Moines Register Metro's Best Competition. Operating with around 100 employees across 6 locations, we provide a team atmosphere where new ideas are encouraged. Every staff member is important and appreciated. We understand a successful business relies on staff contentment to provide the best customer experience possible. Our extremely low turnover rate and employee longevity, as many as 50 YEARS OF SERVICE, is a testament to why professionals choose a career with Luana Savings Bank.
Luana Savings Bank is an Equal Opportunity Employer.