What are the responsibilities and job description for the Interim Chief Financial Officer (CFO) 16796765 position at Cherry Bekaert?
Interim Chief Financial Officer (CFO)
On-site | Philadelphia, PA
Cherry Bekaert is partnered with a well-capitalized, growth-oriented financial institution in the Philadelphia market to identify an Interim Chief Financial Officer (CFO). This is a full-time, on-site engagement (5 days/week) expected to last approximately 2–3 months while a permanent search is conducted.
This organization has experienced significant asset growth over the past several years and is positioned for continued expansion. The Interim CFO will step into a stable, well-run finance function and serve as a strategic partner to executive leadership during this transition period.
Key Responsibilities
- Oversee all finance and accounting activities, including budgeting, forecasting, reporting, and audit coordination
- Monitor the organization’s financial health, liquidity, and interest rate risk
- Prepare and present financial results, forecasts, and analysis to executive leadership and the Board
- Ensure timely and accurate regulatory and financial reporting in compliance with state and federal banking requirements
- Review financial statements, projections, and budget-to-actual results; provide insights and recommendations as needed
- Variance analyses, liquidity ratio monitoring, and dashboard reviews
- Partner with senior leadership on financial planning, cost controls, and strategic initiatives
- Oversee investment portfolio analysis and reporting
- Provide leadership and guidance to an established finance and accounting team
- Ensure strong internal controls, audit readiness, and adherence to regulatory standards
Team Structure
- Direct oversight of two experienced finance professionals who manage day-to-day accounting and reporting functions
- Finance operations are well automated, stable, and running smoothly
Qualifications
- Bachelor’s degree in Finance, Accounting, Economics, or Business Administration (MBA preferred)
- CPA required
- Minimum of 5 years of progressive experience in accounting, financial reporting, and financial leadership
- Must have strong CFO level knowledge of banking regulations, compliance, and financial reporting requirements
- Experienced with bank reporting and reviews involving ALCO, FHLB Advances, QCR reporting, CLA audit
- Proven ability to operate effectively in a senior executive, hands-on leadership role
- Excellent communication, judgment, and stakeholder management skills
Engagement Details
- Schedule: Monday–Friday, 8:30 AM – 5:00 PM
- Location: On-site, Center City, Philadelphia, PA