Vice President of Finance and Accounting

TITLE:

VP of Finance and Accounting

Location:

3700 South Blvd. Suite 400 Charlotte, NC 28209 CLASSIFICATION:
Exempt DEPARTMENT:
Accounting JOB GRADE: 17

REPORTS TO:

Chief Financial Officer primary functions:

Reporting to the Chief Financial Officer, the Vice President of Finance and Accounting leads Skyla’s accounting, finance, and asset/liability management (ALM) functions. This role oversees GAAP-based accounting, financial reporting, and internal controls directed day-to-day through the Accounting Manager along with budgeting, forecasting, ALM, liquidity, concentration risk, and the derivatives program. The VP serves as the primary liaison for regulatory examinations across both functions, leads key financial committees, and ensures accounting and financial strategies advance the credit union’s safety, soundness, and member value.

• 1. Lead the enterprise accounting function, ensuring GAAP compliance and accurate, timely, well-controlledcompletion of month-end and annual close, general ledger activity, account reconciliations, accounts payable, fixed assets, and employee expense reimbursement. Direct this work day-to-day through the Accounting Manager, reviewing escalated reconciliation or posting issues and resolving exceptions as needed.
• 2. Establish, maintain, and enforce accounting policies, close governance, reconciliation standards, general ledger ownership, documentation expectations, and internal control frameworks that protect the integrity of financial data and Credit Union assets.
• 3. Direct all accounting oversight, financial reporting, and financial analysis for the Credit Union and its Credit Union Service Organizations (CUSOs), ensuring accuracy, compliance, and timely reporting.
• 4. Prepare and deliver Board and management financial reporting packages.
• 5. Lead audit readiness and external audit support, including preparation and review of audit schedules, accounting documentation, and control evidence, and serve as a point of contact for internal auditors, external auditors, and NCUA examiners on accounting-related examinations, responding appropriately to exceptions and recommendations.
• 6. Oversee tax compliance support and tax accounting coordination, including collaboration with external tax advisors as appropriate.
• 7. Drive modernization of accounting systems, workflows, close processes, and reconciliation tools, including exploration of Artificial Intelligence and machine learning techniques, to improve scalability, efficiency, and control effectiveness.
• 8. Direct the finance team and overall finance function, serving as an integral member of the Senior Leadership Team and advising the CFO and Executive/Senior Management on financial planning, budgeting, cash flow, investment priorities, and policy matters.
• 9. Ensure compliance with applicable NCUA regulations and other regulatory requirements pertaining to finance and ALM, serving as the primary point of contact for NCUA examiners during examinations for items pertaining to budgeting, forecasts, liquidity, and asset & liability management.
• 10. Direct ALM simulation, modeling, and ongoing monitoring efforts, evaluating results relative to board-approved policy limits and parameters, including scenario and sensitivity testing to guide business decisions.
• 11. Direct the preparation of financial forecasts, the annual $130M+ budget, including monitoring and ongoing budget/actual performance analysis, and financial reporting for executive management and the Board.
• 12. Oversee cost center accounting and profitability feedback and analysis, including branch profitability, product profitability, and peer performance analysis, providing feedback to senior management and business units to inform strategic decisions.
• 13.…