VICE PRESIDENT OF FINANCE

Job Summary

Reporting to the CFO, the VP of Finance must be a strategic individual who can lead people. The VP of Finance is responsible for the management and oversight of all aspects of financial management, including accounting, treasury, regulatory and financial reporting, financial risk management, budget and forecasts preparation, as well as development of internal control policies and procedures. The incumbent must have strong leadership qualities and business acumen. The position requires a strong background in ALM, complex fixed income investments, as well as secondary markets. The position will provide strategic support to senior management including preparing executive and senior management financial presentations, capital expenditure analysis, industry/peer group comparisons, and other projects requested by executive and senior management.

Essential Duties - To perform this job successfully, an employee must be able to perform each essential duty satisfactorily. This list is a summary and does not detail each essential duty of the position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Employee must spend over 50% of work time on these general categories of duties, which require significant discretion and independent judgment.

1. Create an inspiring team environment with a culture of open communication.
2. Discover and provide ongoing training needs and provide appropriate coaching for team.
3. Direct all aspects of accounting and treasury function, to include all transactions related to general ledger, ALM, investments, secondary markets and financial reporting.
4. Assist in developing strategies to increase revenue, profitability, and manage all aspects of balance sheet performance.
5. Responsible for the annual budgeting processes.
6. Develop and coordinate all relationships with partners and third parties.
7. Ensure compliance with generally accepted accounting principles (GAAP), NCUA and other regulatory agency guidelines. Adhere to all compliance standards set forth by Federal and State laws and Regulations.

Supervisory Responsibilities

• Supervise and manage in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
• This position directly supervises management of department.

About Us

Established in 1936, Los Angeles Police Federal Credit Union has won numerous regional and national “Best Places to Work” awards and offers highly competitive salary and benefits packages.

We're a not-for-profit organization founded upon the principle of “people helping people.” We provide banking services, but we're not a bank. Rather than being privately owned or owned by investors, we're a cooperative that answers to our members.

Our mission is to enhance the quality of life for the law enforcement community. Our mindset is continuous learning, improvement, and innovation.

Our field of membership includes law enforcement sworn and non-sworn personnel and their families in Los Angeles, Orange, Ventura, Riverside, and San Bernardino Counties. We offer unique products and services that benefit them and cater to their unique needs.

World Class Full-Time Benefits Package

• Health Benefits^*

• Vacation & Sick Leave 

• Holiday Pay (13 days) 

• Volunteer Paid Time Off

• Voluntary 401k deferrals^** to our traditional and Roth plan options

• Employer retirement contribution^**

• Education Reimbursement

^* 100% premium-free coverage for Medical HMO options, Dental HMO, Vision, Life, Disability, and EAP Plan. Associate pays difference for Medical PPO and Dental PPO.

^** Subject to retirement plan's eligibility guidelines.

QUALIFICATIONS

Education & Experience

• 5 years of similar or related demonstrated experience in a financial institution.
• Bachelor's degree in business, finance, accounting or equivalent required.
• Demonstrated excellent verbal/written communication and organizational skills.
• Must also be experienced and knowledgeable with rules and regulations governing investments, ALM, lending, secondary markets, etc.

Language Skills

Fluent English language skills required. Ability to read, analyze, explain, and interpret complex documents. Ability to respond effectively to sensitive and complex inquiries or complaints.

Los Angeles Police Federal Credit Union (LAPFCU) is an equal opportunity employer committed to a diverse and inclusive workforce. Applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy), age, sexual orientation, national origin, marital status, parental status, ancestry, disability, gender identity, veteran status, genetic information, other distinguishing characteristics of diversity and inclusion, or any other protected status.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Qualified applicants with arrest and/or conviction records will be considered for employment in a manner consistent with federal and state laws, as well as applicable local ordinances, including but not limited to the Los Angeles Fair Chance Ordinances.