Chief Financial Officer (CFO) Position Summary

The Chief Financial Officer (CFO) is a key member of the executive leadership team responsible for overseeing all financial and accounting functions of the bank. This role provides strategic financial guidance, ensures regulatory compliance, manages asset and liability strategies, and supports the overall financial health and growth of the organization.
The ideal candidate will combine strategic vision with hands-on execution, bringing strong leadership, community awareness, and a deep understanding of the financial and regulatory environment unique to community banking.

Key Responsibilities

Strategic & Financial Leadership

  • Serve as a strategic advisor to the CEO, executive team, and Board of Directors on all financial matters.
  • Lead financial planning, forecasting, budgeting, and reporting processes to ensure fiscal stability and transparency.
  • Develop financial strategies to support the bank’s mission, growth, and long-term sustainability.
  • Provide insights and recommendations on financial performance, profitability, and capital structure.

Accounting & Financial Operations

  • Oversee accounting, finance, investment, and treasury functions.
  • Ensure the accuracy and timeliness of financial statements, general ledger, reconciliations, call reports, and internal controls.
  • Manage liquidity, interest rate risk, and capital planning in alignment with regulatory guidance.
  • Report mortgage banking and other department and banking center metrics and profitability.
  • Periodically obtain updated market values for loan servicing and investment portfolios.
  • Oversee asset and liability management (ALCO) processes.
  • Manage bank insurance coverage, including BOLI.

Regulatory Compliance & Risk Management

  • Ensure compliance with all banking regulations, accounting standards, and reporting requirements (GAAP, FDIC, OCC, Federal Reserve, etc.).
  • Collaborate with internal and external auditors, examiners, and compliance officers.
  • Maintain robust internal control systems to safeguard the bank’s financial integrity.
  • Partner with the CEO and Board to manage enterprise risk and ensure sound decision-making.

Leadership & Collaboration

  • Lead and develop the finance and accounting team to ensure excellence, accuracy, and accountability.
  • Foster a culture of integrity, transparency, and community stewardship.
  • Work collaboratively across departments to drive efficiency, innovation, and service excellence.
  • Represent the bank professionally within the community and industry associations.

Qualifications

  •  Bachelor’s degree in Accounting, Finance, or a related field required; Master’s degree or CPA preferred.
  • Minimum 5+ years of progressive financial management experience, preferably within community banking or financial services.
  • Strong understanding of bank operations, regulatory requirements, and financial reporting standards.
  • Thorough understanding of interest rate risk.
  • Demonstrated ability to manage budgets, reporting, forecast accurately, and lead teams effectively.
  • Excellent communication, analytical, and problem-solving skills.
  • Proven track record of collaboration and community involvement.

 

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    1st National Bank is an Equal Opportunity Employer. We believe that no one should be discriminated against because of their differences, such as age, disability, ethnicity, gender, gender identity and expression, religion or sexual orientation. All employment decisions shall be made without regard to age, race, creed, color, religion, sex, national origin, ancestry, disability status, veteran status, sexual orientation, gender identity or expression, genetic information, marital status, citizenship status or any other basis as protected by federal, state, or local law.