Chief Financial Officer; CFO

ARE WE THE COMPANY FOR YOU?

Are you looking for a position that you can really enjoy? Cornerstone Financial Credit Union is truly a positive and fun place to work! Our employees love working together as a team, learning new things, and helping others! We value our employees and provide excellent benefits and the opportunity to grow in a professional business environment. We are looking for a full time Chief Financial Officer (CFO) to join our growing team!

This position is located at our Nashville location.

Cornerstone Financial Credit Union currently has seven locations that surround the Nashville area. These locations serve over 45,000 members. Founded in 1955, Cornerstone Financial Credit Union is guided by the philosophy of people helping people
. At Cornerstone, we not only offer the most competitive rates possible, but also provide exceptional service to our members and their families. We are Not for profit,
Not for Charity, but for Service
.

The Chief Financial Officer is responsible for safeguarding the financial health, stability, and long‑term sustainability of Cornerstone Financial Credit Union. This role oversees financial strategy, accounting operations, budgeting, asset/liability management (ALM), CECL modeling, investments, and risk management. The CFO partners closely with the President, Senior Management Team, and Board of Directors to guide the credit union's financial direction and ensure alignment with Cornerstone's mission and strategic goals.

The CFO ensures that the Credit Union's accounting practices are in compliance with generally accepted accounting practices (GAAP) and state and federal regulations.

• Provide strategic financial insight to the President, Senior Management Team, and Board of Directors, to include but not limited to planning, economic analysis, and forecasting.
• Direct financial strategies that promote sustainable growth, operational efficiency, and strong financial performance.
• Evaluate financial and operational data to identify opportunities for improvement, cost reduction, and member enhancement.

• Oversee preparation of all financial reports in accordance with GAAP and NCUA requirements - including internal financial reports, regulatory call reports, and board package reports.
• Ensure timely and accurate monthly, quarterly, and annual reporting.
• Develop, implement, and evaluate accounting policies and procedures and internal controls. Ensure policies and procedures reflect current regulations and are communicated to and implemented by staff.
• Coordinate with external and internal auditors and State and Federal examiners on all audits and examinations.

• Lead ALM processes, including monitoring interest rate risk and liquidity risk, and develop strategies to mitigate exposure.
• Oversee ALM and CECL modeling with third party vendors to ensure models are completed and reported to ALCO and Board of Directors in a timely manner.
• Lead monthly ALCO meetings, including preparation and presentation of related reports.

• Coordinates the preparation, implementation, and monitoring of the annual budgeting process.
• Monitor budget performance monthly and provide actionable insights to department leaders.

• Manage the Credit Union's investment portfolio, ensuring compliance with investment policies and regulatory guidelines.
• Responsible for purchase and sale of investment securities in support of overall financial strategy of the Credit Union and investment policy.

• Oversee accounting and operational services departments, ensuring strong performance, operational efficiency, accountability, and staff development.
• Ensure adequate staffing, training, and succession planning within these departments.

• Ensure compliance with federal, state, and NCUA regulations governing credit union financial operations.
• Prepare and/or review all required tax filings, regulatory reports, and certifications.

• Represent the credit…