Chief Financial Officer

Key Responsibilities

• Oversees the financial/accounting functions for GNB Bank, GNB Bancorporation and its subsidiaries.
  • Manages the cash flow and treasury activities directly or through subordinates in subsidiaries and business units. Manages wholesale borrowing through FHLB, Brokered CDs, FRB, etc.
  • Establishes, oversees, and maintains accounting systems appropriate to the financial services industry and which accurately reflect the financial position of the holding company and subsidiaries.
  • Prepares work papers for CPA firm to prepare consolidated income tax return, subsidiary franchise tax returns, and other related returns as necessary.
  • Prepares audited financial statements in accordance with GAAP.
  • Works closely with regulatory agencies on reporting and safety and soundness examinations.
• Oversees the budgeting, financial planning, and financial reporting process for the bank, holding company and subsidiaries
• Prepares or oversees preparation of timely, accurate reports, which ensure adherence to requirements of regulatory authorities and management.
• Negotiates the external audit engagement for bank, KSOP, and subsidiaries.
• Coordinates the collection of data for the audits.
• Oversees and monitors asset/liability reporting, including interest rate risk positioning.
• Reviews, modifies, and updates systems, procedures, and reporting as necessary.
• Provides timely and accurate response to information needs of management at all levels.
• Assists with strategic planning and forecast analysis as requested by management.
• Recommends procedures for internal controls for the Bank and business units.
• Provides tax planning and reporting assistance.
• Manages GNB Bank’s bond portfolio.
  • Manages portfolio within regulatory requirements and fund management policy.
  • Manages portfolio to provide liquidity for the bank, maximize return on capital, and provide collateral for pledging purposes.
  • Follows, maintains, and updates funds management policy.
  • Report quarterly to ALCO bond portfolio activity.
• Establishes and maintains an accounting system directly or indirectly through subordinates, which accurately reflects the financial position of the bank.
  • Provides operating and financial data including specialized financial data such as cost and statistical data to help management make decisions regarding pricing and operating efficiencies.
  • Prepares timely and accurate reports including financial and tax reports.
  • Develops and monitors procedures for control and payment of bank expenditures.
  • Directly or indirectly manages cash flow and treasury activities.
  • Provides tax planning and reporting assistance to all functional areas.
• Works with Director of Operations on bank wide deposit pricing strategy
• Member of ESOP administrative committee. Helps guide ESOP plan strategy and liquidity to ensure the plan is healthy and functioning as intended.
• Every effort has been made to identify the essential functions of this position. However, it in no way states or implies that these are the only duties you will be required to perform. The omission of specific statements of duties does not exclude them from the position if the work is similar, related, or is an essential function of the position.

Qualification & Requirements

• Education/Experience: College Degree with advanced knowledge and/or certification in a specialized field such as professional accounting, finance, business administration. Five to seven years in financial related experience is needed including experience with computer and software applications. Excel software experience is essential. Professional certification preferred (CPA).
• Hearing/Visual Requirements: Must be able to receive employee and customer requests and assignments through verbal and written communication. Working with a computer is important so clear vision of screen is imperative.
• Skills: A high level of interpersonal skills to communicate policies, procedures and objectives effectively throughout the bank. A high level of analytical skill to assess and evaluate areas of responsibility and to participate in establishing bank financial goals is essential.
• Confidentiality: Has complete access to records and plans of the organization where utmost integrity is necessary to protect the organization’s interests and competitive position. Handles confidential and sensitive customer and employee salary information.
• Sociological: Must work well under stress and adapt to change. Proactive behavior and initiative will be required in the sales culture and implementation of goals and objectives. Leadership aptitude is needed in representing the bank to both internal and external publics.

Competencies – Major Accountabilities

• Leadership and Management: Must have strong leadership and decision-making skills with the ability to generate respect and trust from employees and external constituencies, including customers and vendors. Requires excellent organizational and project management skills with the ability to meet deadlines and manage time effectively. Requires exceptional problem-solving skills when facing operational and management challenges. Requires an innovative, continuous improvement focus to optimize service delivery in a shared services environment.
• Teamwork: Must have the ability to demonstrate interest, skill and success in getting groups to learn to work together. Promote cooperation with other departments and ensure that all team members are treated fairly. Recognize and encourage the behaviors that contribute to team work.
• Integrity and Confidentiality: Demonstrate the ability to hold confidential information and display honesty and high ethical standards. All customer and company information must be handled in a confidential manner.
• Communication: Possess the ability (both written and oral) to express thoughts and ideas effectively; actively listen to others. Must be comfortable speaking in front of groups.
• Adaptability: Must thrive in working in a positive, team-oriented environment, contributing to the ongoing success of the company. Able to adjust quickly to different work situations; remain composed under pressure and in stressful situations. Must exercise sound independent judgment under limited supervision.
• Interpersonal Awareness: Must have the ability to notice, interpret and anticipate others’ concerns and feelings, and communicate this awareness empathetically to others. Make others feel comfortable by responding in ways that convey interest in what they have to say, anticipate how others will react to a situation, and find non-threatening ways to approach others about sensitive issues.
• Collaborative Relationships: Have the ability to develop, maintain, and strengthen partnerships with others inside and outside the organization. Show an interest in what others have to say; acknowledge their perspective and ideas. Take time to get to know coworkers, build rapport and establish a common bond.
• Strategic Thinking: Have the ability to analyze the organization’s competitive position by considering market and industry trends, existing and potential customers (internal and external), and strengths and weaknesses as compared to competitors. Have an in-depth understanding of competitive products and services within the industry. Actively participate in the long-term strategy of the organization based on an analysis of the industry and marketplace and the organization’s current and potential capabilities as compared to competitors.
• Customer Service: Must understand the role of sales and customer service in a banking environment. Respond sensitively to the needs and priorities of the customer (both internal and external); recognize and take the appropriate action to meet their needs; establish an effective working relationship with customers to gain their respect and loyalty.

Benefits

No information available.