The CFO will have primary day-to-day responsibility for planning, implementing, managing, and controlling all financial-related activities of the company. This includes responsibility for directing functions including accounting, annual audits, customer accounting support, tax compliance, monthly close processes, monthly reporting, forecasting, budgeting, long-range planning, supporting strategic partnerships, price modeling, return on investment, investor relationships and liquidity risk management analysis and other value-added financial analysis. This is a hands-on leadership role that requires someone who can support both high-level complex accounting and finance responsibilities as well as not being afraid to dive into the details on a day-to-day basis. The CFO is responsible for developing tools and systems to provide critical financial and operational information to the CEO and Board and makes actionable recommendations on both strategy and operations. The CFO is a member of the Banks Executive Committee and Asset Liability Committee (ALCO) and reports to the CEO.
Responsibilities
- Direct and oversee all aspects of the Finance & Accounting operations of the Bank
- Manage communication, preparation, support and remediation for the bank and company Audit Committee of internal and external audits
- Coordinate with other executives in preparing for and managing examinations from FDIC, UDFI and FRB
- Ensure credibility of finances by providing timely, accurate analysis of budgets, financial trends, forecasts
- Prepare data for tax preparations, remit quarterly payments and work with tax professionals to file tax returns throughout year
- Submit financial reports; (Annually): Federal Reserve (FR)Y-6, Y-10. (Semi-Annual): FR Y-9SP. (Quarterly): FR Y-8, Asset Concentration report, CALL report
- Work within ALCO to maintain appropriate CFP and liquidity levels
- Review and maintain lines of credit with correspondent banks and FRB (BIC-1)
- Enhance and implement financial and accounting systems, processes, tools and control systems
Qualifications
- Advanced Business degree in Accounting or Finance and/or MBA. CPA or MBA preferred but not required
- Extensive background in regulatory, market and macroeconomic banking environments
- Firm grasp of financial technology (FinTech) aspects of business
- Evidence of financially sound decisions related to IT and other investments and infrastructure
- Solid leadership and management background
Join Continental Bank as our Chief Financial Officer and be at the forefront of driving financial excellence within our organization. If you are a seasoned finance professional with a passion for strategic financial management, we invite you to apply and contribute to our mission of supporting businesses nationwide.
Job Type: Full-time
Pay: From $200,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee assistance program
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Vision insurance
Schedule:
Ability to Relocate:
- Salt Lake City, UT 84101: Relocate before starting work (Required)
Work Location: In person
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