Chief Financial Officer (CFO)

Mid Atlantic Federal Credit Union
$150,000 - $220,000 - MAFCU offers Carefirst Medical, HSA option available as well, Dental, and Vision (Low cost premium options). 401K Match. -Flexible spending accounts -Travel insurance, basic life insurance + AD&D at no cost. - Employee Assistance Pro
United States, Maryland, Germantown
12820 Wisteria Drive (Show on map)
May 30, 2025
Chief Financial Officer (CFO) Location: Mid-Atlantic Federal Credit Union (Mid-Atlantic FCU) - Germantown, MD Reports to: CEO About Mid-Atlantic FCU: Mid-Atlantic FCU is a member-owned financial cooperative dedicated to providing personalized financial solutions, fostering financial well-being, and supporting our local communities. We prioritize innovation, service excellence, and financial stability for our members. Position Overview: The Chief Financial Officer (CFO) will play a critical role in shaping Mid-Atlantic FCU's financial strategy, ensuring long-term sustainability, and driving financial performance. As a key member of the executive team, the CFO will oversee financial planning, risk management, investment strategies, and regulatory compliance, while fostering a culture of transparency and financial discipline. Key Responsibilities: Strategic Financial Leadership: Develop and execute Mid-Atlantic FCU's financial strategies aligned with organizational goals. Advise the CEO and Board of Directors on financial performance, risk management, and strategic opportunities. Lead financial planning processes, including budgeting, forecasting, and long-term financial modeling. Financial Operations and Oversight: Supervise accounting, financial reporting, budgeting, and cash management functions. Ensure accurate and timely preparation of financial statements in accordance with regulatory and GAAP standards. Oversee investment activities and maintain strong asset-liability management practices. Risk Management and Compliance: Manage liquidity, interest rate risk, and capital adequacy in accordance with NCUA regulations and industry best practices. Develop and maintain internal controls and policies to mitigate financial and operational risks. Collaborate with internal and external auditors to ensure financial integrity. Team Leadership and Development: Build and mentor a high-performing finance team, fostering a culture of accountability and continuous improvement. Promote professional growth and development within the finance/accounting team. Stakeholder Communication: Serve as a liaison with regulators, auditors, and financial institutions as needed. Prepare financial presentations for the Board of Directors and senior leadership. Qualifications: Bachelor's degree in Finance, Accounting, Business Administration, or a related field (MBA or CPA preferred). 10+ years of progressive financial leadership experience, ideally within the credit union or banking sector. Deep understanding of financial regulations (NCUA, GAAP) and industry trends. Strong strategic planning, analytical, and problem-solving skills. Exceptional communication and leadership abilities. Experience with financial technology platforms and data analytics is a plus. Benefits: Competitive salary with annual performance and compensation reviews. Comprehensive benefits package, including health, dental, and retirement plans. Professional development opportunities. A supportive, mission-driven work environment.