What are the responsibilities and job description for the Chief Financial Officer position at PremierBank?
Description
PremierBank is an award winning locally owned, community bank offering a full range of high-quality banking services, delivered with personalized service. We are a true community bank, dedicated to building strong customer relationships and serving as a trusted financial partner in the communities that we serve.
We recognize that our employees are our most valuable asset, and we’re committed to offering career development opportunities, competitive compensation, and generous benefits to support their growth and well-being. We’re proud to be recognized as a workplace award winner, with an average employee tenure of over 9 years, a reflection of our strong, supportive work culture. As an organization, we encourage open communication in an environment of mutual respect, where hard work is rewarded, and a professional atmosphere is valued within the workplace.
We currently have a career opportunity for a Chief Financial Officer (CFO) to join our Executive Leadership team at our Fort Atkinson location.
The Chief Financial Officer (CFO) serves as a key member of the Executive Leadership Team and is responsible for ensuring the financial strength, accounting integrity, and strategic financial direction of the Bank. This role provides leadership across accounting, financial reporting, budgeting, capital planning, and liquidity management while serving as a strategic advisor to the President, CEO, and Board of Directors.
The ideal candidate brings strong technical accounting discipline, executive presence, and a growth mindset, with the ability to balance operational excellence with strategic leadership as the Bank continues to evolve.
ESSENTIAL DUTIES:
The following are the primary responsibilities and expectations of the Chief Financial Officer:
- Provides executive leadership and oversight of all financial functions, including accounting, financial reporting, budgeting, capital planning, and liquidity management. Ensures accuracy, integrity, and compliance with GAAP and applicable regulatory requirements.
- Prepares, reviews, and presents financial statements, budgets, forecasts, and key financial analyses to the Executive Team and the Board.
- Partners with leadership to support strategic planning, budgeting processes, and organizational initiatives that impact financial performance. Provides strategic financial guidance to support decision-making, including profitability analysis, capital planning, balance sheet management, and risk assessment.
- Leads financial process improvement, organizational change, and modernization initiatives that enhance efficiency, scalability, reporting quality, and decision-making. Partners with internal stakeholders on financial systems, reporting tools, and process improvements to enhance efficiency and accuracy.
- Supports growth initiatives including branch expansion, strategic investments, profitability analysis, and long-term enterprise planning.
- Develops a high-performing finance team while fostering collaboration, accountability, and continuous improvement.
- Partners with internal leadership and external advisory partners to support asset/liability management, liquidity positioning, interest rate risk monitoring, investment oversight, and overall balance sheet strategy.
- Ensures strong internal controls and financial governance practices are in place and operating effectively. Maintains strong knowledge of regulatory changes, accounting standards, and industry trends impacting financial institutions. Represents the Bank with external auditors, regulators, and other external stakeholders as needed.
- Serves as a key advisor to the President, CEO, and Board on financial strategy, risk management, and emerging financial trends impacting the Bank.
- Performs other duties as assigned by the President.
ADDITIONAL RESPONSIBILITIES
In addition to core financial leadership responsibilities, the CFO will also contribute to broader organizational initiatives and operational support efforts, including:
- Participates in cross-functional initiatives supporting operational efficiency, process improvement, and system enhancements.
- Supports development and implementation of Bank-wide policies and procedures as they relate to financial governance and reporting.
- Serves on internal committees and participates in organizational projects and initiatives beyond core financial responsibilities.
LEADERSHIP RESPONSIBILITIES
This position is responsible for the direct supervision of Finance and Accounting staff and related functions. The CFO provides leadership, direction, and performance management to ensure departmental effectiveness, regulatory compliance, and high-quality financial output.
The CFO collaborates with executive leadership and provides financial guidance across departments as it relates to planning, budgeting, and financial performance.
Requirements
The following qualifications and experience are generally considered necessary to successfully perform this role. Equivalent combinations of education, experience, and skills may also be considered.
- Bachelor’s degree in Business, Finance, Accounting, or a related field required. CPA strongly preferred.
- Master’s degree and/or Graduate School of Banking or similar executive banking education preferred; willingness to pursue encouraged.
- Minimum of 7-10 years of progressive financial management or accounting experience in a banking or financial institution environment.
- Strong background in financial reporting, budgeting, accounting systems, internal controls, and regulatory compliance.
- Experience with asset/liability management, liquidity management, and interest rate risk preferred.
- Demonstrates leadership experience, including supervision and development of professional staff.
- Demonstrates executive presence, sound judgment, and the ability to effectively influence executive leadership and the Board.
- Experience in regulatory exams, external audits, and financial institution regulatory reporting preferred.
- Strong knowledge of banking regulations, GAAP, and financial institution accounting practices.
- Excellent analytical, organizational, and strategic thinking skills.
- Strong written, verbal, and interpersonal communication skills with ability to present to executive leadership and the Board.
- Ability to manage multiple priorities and complex financial issues in a dynamic environment.
- High level of integrity, discretion, and professionalism.
In addition, the RIGHT candidate will have personal values that align with the core values we live by:
- Intentionally Customer Focused
- Collaborative
- Integrity. Professionalism. Respect. In ALL we do.
- Accountability
- Community Minded
We offer a great team environment, competitive salary and an excellent benefit package which includes, medical, dental, vision, life, short-term and long-term disability insurance, and both Traditional and Roth 401(k) retirement plans with company contributions and matching. Generous paid time off starts on day one, with three weeks of PTO available upon hire!
If you meet the above qualifications and are looking for a great opportunity to utilize your talents and skills at a leading organization, apply now!
PremierBank is an affirmative action and equal opportunity employer and adheres to EEO Guidelines to offer employment without regard to race, color, religion, marital status, sex, sexual orientation, gender identity, pregnancy, age, national origin, disability, veteran status, or any other basis. All qualified applicants will receive equal consideration for employment.