Chief Financial Officer

Description

Ozarks Federal Savings & Loan Association, a $245MM community bank headquartered in Farmington, Missouri is seeking a Chief Financial Officer to direct the accounting, budgeting, financial and regulatory reporting, and investing and financing activities of the Association.

SPECIFIC JOB FUNCTIONS

• Oversee the financial functions of the institution.
• Responsible for overall management of general ledger and financial reporting in accordance with GAAP and regulatory requirements.
• Present monthly reports to the Board of Directors and senior management.
• Present and defend financial reporting decisions to Board of Directors, senior management, auditors, and regulators.
• Responsible for coordinating and documenting estimates used in accounting function.
• Responsible for accurate and timely submission of regulatory reports including Call Reports.
• Responsible for preparation of budgets and periodic analysis of budget variances.
• Responsible for filing of accurate corporate tax returns with all taxing entities.
• Chair Asset Liability (ALCO) Committee.
• Chair Allowance for Credit Losses (ACL) Committee, formerly ALLL.
• Coordinate ongoing Capital Management Plan.
• Manage pension plan.
• Manage institutions liquidity.
• Establish and maintain sources of wholesale liquidity.
• Coordinate and participate in decision making related to interest rates on loan and deposit products, interest rate risk management, and capital levels management.
• Manage and execute institutions investment activities in compliance with policies.
• Coordinate annual external financial audit.
• Stay current with accounting, auditing, and regulatory reporting requirements. Attend educational events as necessary.
• Oversee payroll function. Serve as backup payroll preparer when needed.
• Manage correspondent banking relationships.
• Perform analysis of branch performance, product performance, etc., and research and recommend opportunities for profitability improvement.
• Participate in strategic planning, contract negotiations, and major purchasing decisions.
• Serve on various committees and special project teams.
• Other duties as assigned.

Qualifications

REQUIREMENTS

• BS in Accounting; MBA or CPA highly desirable.
• 5 years in progressively responsible financial leadership roles in banking industry.
• Strong analytical and problem solving skills with the ability to exercise sound judgement and make decisions based on accurate and timely analyses
• Strong personal computer and industry specific software skills.
• Excellent written and verbal communication and presentation skills for communicating with board of directors, management, support staff, and vendors.

SALARY INFORMATION

Competitive salary with excellent benefits package including defined benefit pension plan, medical and dental insurance, vacation and sick leave.

Ozarks Federal is an EEO/AA employer. All qualified candidates will receive consideration without regard to race, color, religion, sex, gender, national origin, disability, or veteran status.