Director Finance

Centra-Credit-Union; Columbus (IN); On-site; USD 120,000 - 180,000; Full time

Job summary

Centra Credit Union in Columbus, Indiana, seeks a Director of Finance to oversee financial reporting, regulatory compliance, and strategic financial initiatives from our corporate headquarters. This role provides informed guidance to management on financial performance, risk, and direction.

It will lead internal projects and advance strategic finance goals across the organization. The Director of Finance will drive monthly performance analyses, Board reporting, liquidity and risk monitoring, and

Qualifications

• Bachelor's degree in Finance or related field.
• 5–8 years of similar or related experience, including preparatory experience.
• Strong knowledge of financial reporting and regulatory requirements.

Responsibilities

• Prepares monthly financial performance analyses and distributes findings to management.
• Prepares the financial sections of the monthly Board of Directors packet with data integrity in mind.
• Assesses financial risk for strategies and initiatives in collaboration with senior management.
• Oversees profitability across levels and communicates opportunities for improvement to business leaders.
• Handles regulatory reporting including Call Report, Public Funds, and quarterly collateral submissions.
• Plays a key role in annual budgeting and collaborates on forecasting across the organization.
• Assists with investment program functions and classification.

Skills

Financial analysis

Regulatory reporting

Budgeting

Strategic finance

Cross-functional leadership

Education

Bachelor's degree in Finance

Job description

Description

Thank you for your interest in a career with Centra. A career at Centra Credit Union is more than a job; it is an opportunity to make a meaningful impact in our members’ financial lives and our communities. Centra was established in 1940 and is headquartered in Columbus, Indiana. Centra is ranked among the top five largest credit unions in Indiana and among the most financially sound institutions in the United States. Centra serves membership throughout central and southern Indiana as well as other areas like Jamestown, NY, and Whitakers, NC. Centra Team Members enjoy excellent benefits, an atmosphere that fosters family and work-life integration, a heritage of strong values, a high level of Team Member engagement in the achievement of results, and the opportunity for growth with the Centra Family. Credit Unions are Not for Profit, Not for Charity, But for Service. If these are the things that matter to you then please read on, we look forward to hearing from you.

Centra Credit Union has an exciting opportunity for a Director Finance at our Corporate Headquarters in Columbus, Indiana. This position is responsible for the financial reporting, including regulatory reporting, for the Credit Union. This position provides informed advice to management regarding financial performance, financial risk, and potential strategic & tactical direction. The position will be the point person for internal projects which require financial analysis and will be expected to advance strategic initiatives within the Finance area.

At Centra, we approach compensation with care and integrity, ensuring our pay practices reflect local markets while honoring our commitment to our Team Members. Compensation is just one part of our total rewards approach. Eligible positions also offer a comprehensive benefits package designed to support you and your family.

Spanish/English interpreters may be eligible for an interpreting differential.

ESSENTIAL FUNCTIONS:

• Prepares monthly financial performance analyses. Distributes completed analyses to other relevant members of management and Centra Team, using experience of banking industry to place findings of the analysis in appropriate context.
• Prepares the financial sections of the monthly Board of Directors packet. Thoroughly reviews for data integrity and ensures timely posting to the Board.
• Assesses financial risk to the organization of various strategies and potential new initiatives; collaborating with third-party partners, other Team Members and Sr. Management to convey impact. Partners with SVP Finance to monitor liquidity and interest rate risk appropriately across products and balance sheet classes.
• Oversees profitability across all levels (branch, cost center, product, & Member). Communicates directly with Line of Business leaders to convey findings and identify opportunities for improvement.
• Responsible for regulatory reporting, including the Call Report, Public Funds, and Blanket Collateral quarterly submissions
• Plays a key role in the annual budgeting process, collaborating with Team Members across the organization to project financial performance.
• Assists with investment program functions, including transaction execution support and investment classification

EDUCATION & EXPERIENCE - (EQUIVALENT COMBINATION OF EDUCATION & EXPERIENCE WILL BE CONSIDERED):

Bachelor's Degree in Related Field

Five years to eight years of similar or related experience, including preparatory experience.

Centra is an Equal Opportunity Employer

Qualifications

Education

Required

Bachelors or better in Finance.

Preferred

5-8 years related experience or better.

Equivalent combination education & experience or better.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.