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Chief Financial Officer


   Closing Date: Nov. 06, 2019

Employer:XCEL Federal Credit Union
Job Location: Bloomfield - Essex County
Employment Type:Full Time

Description:

XCEL Federal Credit Union, a $193 million non-profit financial cooperative is searching for an experienced Chief Financial Officer (CFO) reporting directly to the President/CEO. As a member of the Senior Management team, the CFO will be responsible for overseeing the overall finances of the organization. This role will be responsible for directing the organization’s financial plans, establishing policies and procedures to safeguard the organization’s assets, and reporting the operating results of the credit union to both the Board of Directors’ and credit union regulators in compliance with both GAAP and Federal rules and regulations. The CFO will also be responsible for managing, and directing the credit union’s accounting, financial reporting, and collections systems. The qualified candidate will be responsible for preparing and delivering a final annual budget that reflects both operational and strategic planning goals. The CFO will develop periodic financial forecasts to reassess the expected performance against established goals working with the Senior Management team for key input. The CFO will have responsibility for managing the credit union’s asset/liability management function, organizational and product profitability, and the credit union’s investment securities portfolio.

Qualifications:

The ideal candidate will have a Bachelor’s degree in Accounting or Finance with a minimum of 10+ years of progressive advancement. Candidate must demonstrate a history of strong contributions in the financial services industry with a minimum of 5 years’ experience as a financial leader.

XCEL Federal Credit Union offers a competitive salary and benefit package. Please email your resume and salary requirements to HR@xcelfcu.org. EOE
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