Interim Chief Financial Officer

Cherry Bekaert; Philadelphia (Philadelphia County); On-site; USD 150,000 - 210,000; Full time

Job summary

A well-capitalized financial institution in Philadelphia seeks an Interim Chief Financial Officer for a full-time position lasting approximately 2-3 months. The role involves overseeing finance and accounting activities, ensuring compliance with banking regulations, and providing strategic partnership to executive leadership. Candidates should possess a Bachelor's degree in a relevant field, CPA certification, and at least 5 years of progressive experience in financial leadership. The organization is well-run and automation-driven, ensuring a smooth finance function.

Qualifications

• Minimum of 5+ years of progressive experience in accounting, financial reporting, and financial leadership.
• Strong CFO level knowledge of banking regulations, compliance, and financial reporting requirements.
• Experienced with bank reporting and reviews involving ALCO, FHLB Advances, QCR reporting, CLA audit.
• Experienced with bank reporting and reviews involving ALCO, FHLB Advances, QCR reporting, CLA audit
• Proven ability to operate effectively in a senior executive, hands‑on leadership role
• Excellent communication, judgment, and stakeholder management skills
• Schedule: Monday–Friday, 8:30 AM – 5:00 PM
• Location: On-site, Center City, Philadelphia, PA

Responsibilities

• Oversee all finance and accounting activities, including budgeting, forecasting, reporting, and audit coordination.
• Monitor the organization’s financial health, liquidity, and interest rate risk.
• Prepare and present financial results, forecasts, and analysis to executive leadership and the Board.
• Ensure timely and accurate regulatory and financial reporting in compliance with state and federal banking requirements.
• Review financial statements, projections, and budget-to-actual results; provide insights and recommendations as needed.
• Variance analyses, liquidity ratio monitoring, and dashboard reviews
• Partner with senior leadership on financial planning, cost controls, and strategic initiatives
• Oversee investment portfolio analysis and reporting
• Provide leadership and guidance to an established finance and accounting team
• Ensure strong internal controls, audit readiness, and adherence to regulatory standards

Skills

Leadership

Financial Reporting

Communication

Judgment

Stakeholder Management

Education

Bachelor’s degree in Finance, Accounting, Economics, or Business Administration

MBA (preferred)

CPA

Tools

ALCO reporting

QCR reporting

Bank reporting

Job description

Cherry Bekaert is partnered with a well-capitalized, growth-oriented financial institution in the Philadelphia market to identify an Interim Chief Financial Officer (CFO). This is a full-time, on-site engagement (5 days/week) expected to last approximately 2–3 months while a permanent search is conducted.

This organization has experienced significant asset growth over the past several years and is positioned for continued expansion. The Interim CFO will step into a stable, well-run finance function and serve as a strategic partner to executive leadership during this transition period.

Key Responsibilities

• Oversee all finance and accounting activities, including budgeting, forecasting, reporting, and audit coordination
• Monitor the organization’s financial health, liquidity, and interest rate risk
• Prepare and present financial results, forecasts, and analysis to executive leadership and the Board
• Ensure timely and accurate regulatory and financial reporting in compliance with state and federal banking requirements
• Review financial statements, projections, and budget-to-actual results; provide insights and recommendations as needed
• Variance analyses, liquidity ratio monitoring, and dashboard reviews
• Partner with senior leadership on financial planning, cost controls, and strategic initiatives
• Oversee investment portfolio analysis and reporting
• Provide leadership and guidance to an established finance and accounting team
• Ensure strong internal controls, audit readiness, and adherence to regulatory standards

Team Structure

• Direct oversight of two experienced finance professionals who manage day-to-day accounting and reporting functions
• Finance operations are well automated, stable, and running smoothly

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, or Business Administration (MBA preferred)
• CPA required
• Minimum of 5+ years of progressive experience in accounting, financial reporting, and financial leadership
• Must have strong CFO level knowledge of banking regulations, compliance, and financial reporting requirements
• Experienced with bank reporting and reviews involving ALCO, FHLB Advances, QCR reporting, CLA audit
• Proven ability to operate effectively in a senior executive, hands‑on leadership role
• Excellent communication, judgment, and stakeholder management skills
• Schedule: Monday–Friday, 8:30 AM – 5:00 PM
• Location: On‑site, Center City, Philadelphia, PA