This job was posted by https://illinoisjoblink.illinois.gov : For moreinformation, please see:https://illinoisjoblink.illinois.gov/jobs/11598720 Job Summary: We arelooking for a Vice President of Finance to join a growing team. The VicePresident of Finance is responsible for planning, controlling, anddirecting the finance activities. Provides counsel and advice to the CFOregarding liquidity management, investment portfolio, Asset/LiabilityManagement, and profitability reporting. Duties include:
Works with the CFO to oversee and direct treasury and finance activitiesfor the organization.
Oversees and directs the Asset Liability Management (ALM) for SCU.Developing policies, parameters, strategies, reporting, and analysis forthe Asset Liability Committee (ALCO), and Board of Directors whennecessary.
Performs quarterly ALM reporting and back-testing. Coordinatessemi-annual ALM model validation with third-party firm. Presentsreporting and validation results to the ALCO.
Responsible for the monthly calculation of the Allowance for CreditLosses. Maintains and runs the Current Expected Credit Loss (CECL)model. Produces monthly reports and maintains supporting documentation.
Works with external auditors, federal and state examiners to ensure itfollows prescribed accounting methods set forth in regulation, law,Financial Accounting Standards Board (FASB) rules, and generallyaccepted accounting principles.
Works closely with the Data Analytics group and Financial Analyst todevelop Accounting and Finance reports in the Arkalytics platform.
Oversees periodic financial and liquidity forecasting.
Responsible for cost accounting practices and cost-center/servicedelivery unit costing analysis.
Analyzes, consolidates, and directs all finance procedures together withother statistical data, financial analysis, pricing, profitability, androutine reports.
Location: Edwardsville, IL
Position type: Full time, Direct Hire
Pay: \$120,000/yr 150,000/yr, BOE
Benefits provided by Client: Health/dental/vision, 401k with companymatch, 11 paid holidays, PTO, shot-term disability which includesmaternity leave, educational reimbursement program, employee assistantprograms, and opportunities for advancement.