Vice President of Finance – Winnebago Community Credit Union

The Vice President of Finance (VP of Finance) serves as a key member of the executive leadership team, responsible for the strategic financial management and stewardship of the credit union’s financial operations. This role oversees financial planning and analysis, budgeting, asset-liability management (ALM), treasury functions, accounting operations, and regulatory compliance. The VP of Finance will ensure the integrity, accuracy, and transparency of financial reporting while driving financial strategies that support the credit union’s long-term growth, stability, and mission of serving members.

• Lead the development and execution of short- and long-term financial strategies aligned with the credit union’s mission, vision, and business goals.
• Advise the CEO, Board of Directors, and executive team on financial planning, investment strategies, risk management, and business growth opportunities.
• Support and influence strategic decision-making with data-driven financial modeling and scenario analysis.
• Direct all accounting functions, including general ledger, accounts payable/receivable, and month-end/year-end close processes.
• Ensure timely and accurate financial reporting in accordance with Generally Accepted Accounting Principles (GAAP) and regulatory requirements (e.g., NCUA, CFPB).
• Oversee preparation of monthly, quarterly, and annual financial statements and board reporting packages.
• Manage liquidity, interest rate risk, and balance sheet optimization through effective ALM practices.
• Develop and monitor investment strategies that maximize returns within the credit union’s risk tolerance and policy framework.
• Participate in setting loan/deposit rates.
• Assist/serve as trustee of the credit union’s 401K plan
• Help/develop, perform, and oversee various internal audit procedures, i.e., cash counts, teller drawer audits, review of employee accounts, loan documentation, wire transfers, etc.
• Manage relationships with card processors, fraud service providers, and dispute platforms.
• Oversee debit card back-office operations, including transaction processing, settlement, and reconciliation of card-related general ledger accounts.
• Oversee cash flow management and funding strategies to ensure operational and lending liquidity.
• Ensure compliance with all applicable federal and state financial regulations and internal policies.
• Serve as liaison with external auditors, examiners, and regulatory agencies; coordinate annual audits and regulatory exams.
• Directly or through subordinates, oversee and manage the financial and accounting functions of the credit union to include: ALM, CECL, AP, AR, budgets, collections, GL, financial analysis, financial reporting and recordkeeping, investments, payroll, and taxes.
• Identify and mitigate financial risks through internal controls and ongoing risk assessments.
• Lead the annual budgeting process, including departmental collaboration and executive presentation.
• Participate in interviewing, hiring, and training activities.
• Track performance against budget and provide variance analysis to executive leadership and the board.
• Build, mentor, and lead a high-performing finance and accounting team.
• Hold periodic staff meetings. Identify areas for improvement, changes in procedures, new developments, or changes in services or products. Keep staff up to date on trends and general credit union information.
• Prepare and present regular reports to the CEO and Board of Directors.
• Foster a culture of accountability, continuous improvement, and cross-functional collaboration.
• Ensure staff have access to professional development and training opportunities.

• Expert-level knowledge of GAAP, NCUA regulations,…