2404-3 CFO

Coffee County Bank
CFO

We are seeking a dynamic individual to join our team as the Chief Financial Officer. The CFO will be responsible for the following:

• Strategy, Planning and Leadership
  1. Member and strategic business partner of the Executive Leadership Team.
  2. Assess and evaluate financial performance of organization regarding long-term operational goals, budgets, and forecasts. Provide insight and recommendations to both short-term and long-term growth plan for the organization.
  3. Identify, acquire, and implement systems and software to provide critical financial and operational information. Evaluate departments and make suggestions for automating processes and increasing efficiency.
  4. Create and establish yearly financial objectives that align with the company’s plan for growth and expansion.
  5. Engage with consultants, auditors, and investors.
  6. Recruit, interview, and hire finance, accounting, and payroll staff as required.
  7. Implement policies, procedures, and processes as deemed appropriate.
• Financial Analysis, Budgeting and Forecasting
  1. Prepare and present monthly financial budgeting reports including monthly profit and loss by branch, forecast vs. budget by branch. Additional reporting as needed.
  2. Review and analyze monthly financial results and provide recommendations for improvement.
  3. Identify, develop, and execute analysis of business initiatives, product launches, and/or new service offerings.
  4. Develop operating budget and provide related reporting.
  5. Lead accounting and operations departments while ensuring that all necessary reporting, reconciliations, and controls are in place and functional.
• Accounting, General Ledger, Administration and Operations
  1. Supervise the accounting department and financial staff to ensure the proper functioning of all systems, databases, and financial software. Provide regular maintenance and backup of all accounting systems.
  2. Review and ensure application of appropriate internal controls and financial procedures.
  3. Ensure timeliness and accuracy of financial and management reporting data.
  4. Oversee the preparation and communication of weekly, monthly, and annual financial statements.
  5. Oversee the preparation and timely filing of all local, state, and federal tax returns.
  6. Oversee the month-end closing process, review procedures, and eliminate inefficiencies.
  7. Oversee preparation of monthly, quarterly, and annual financial statements including, but not limited to quarterly Call Reporting.
  8. Review all month-end closing activities including general ledger accounts, balance sheet accounts and overhead cost allocation.
  9. Enhance and implement financial and accounting systems, processes, tools, and system controls.
• Financial Management
  1. Manage cash flow planning process and ensure funds availability.
  2. Oversee cash, investments, and asset management area.
  3. Serve as a key point of contact along with the Executive Team for Federal and State Exams
  4. Utilize forward-looking models and activity-based analyses to provide financial insight into the organization’s plans and operating budgets.
• Financial Relations and Policies
  1. Engage Finance Committee and Executive Leadership team to develop short term and long-term plans, projections and budgets.
  2. Represent company to financial partners, institutions, investors, public auditors, and officials.
  3. Remain current on audit best practices as well as state, federal and local laws regarding company operations.
• Cash Management
  1. Oversee weekly cash management and AP Department, sign checks, authorize large wires, and ACHs

Chief Financial Officer (CFO) – Position Requirements

1. Bachelor’s degree in accounting or finance required
2. Master’s degree in accounting or financed preferred
3. CPA preferred
4. 3+ years minimum experience as a CFO is preferred
5. Accounting or finance experience required
6. Background coordinating with I.T. staff to manage and/or upgrade accounting system. Systems implementation experience strongly preferred.
7. Outstanding communication and presentation skills.
8. Demonstrated leadership ability, confidence, and executive presence – ability to motivate staff.
9. Excellent analytical, reasoning, and problem-solving skills.
10. Significant experience working with external auditors, internal controls, and regulatory compliance-related issues.

Qualified candidates may send resumes to jnogodula@coffeecobank.com.