Chief Finance Officer

Hours of Work: Full Time, Monday through Friday 8:00 a.m. to 5:00 p.m. 

Location: 6003 Old Cheney Road, Lincoln, NE 68516 

JOB SUMMARY

The Chief Financial Officer (CFO) is a key member of the Executive Committee and a strategic leader in shaping the Bank's financial direction and growth. The CFO oversees all financial operations, including budgeting, forecasting, asset-liability management, and financial reporting. In coordination with the Controller, the CFO ensures accuracy and integrity of the Bank's financial statements and the timely preparation of regulatory reports. This role also provides high-level insights supporting executive level decision-making and strategic planning.

KEY JOB FUNCTIONS

• Oversee the Bank’s Finance team to ensure finance operations and accounting systems support accurate reporting, sound financial controls, and efficient operations.
• Manage the Bank’s liquidity position and oversee the daily cash settlement process to ensure adequate funding is available to meet the Bank’s operating needs.
• Oversee asset-liability management (ALM) and quarterly interest rate risk reporting. Lead the Bank’s Asset Liability Committee (ALCO) meetings and work with ALM consultants to implement ALM/derivative strategies.
• Work with the Chief Compliance Officer to oversee internal/external audits and exams. Prepare Audit Committee packets and provide the Committee with updates on all audit and exam related activities at least quarterly.
• Oversee the preparation of the Bank’s audited financial statements and ensure the financial statements are prepared in accordance with generally accepted accounting principles (GAAP) and FDICIA requirements.
• Review regulatory reports for accuracy and completeness and ensure all regulatory reports (Call Report, FR-Y reports, Summary of Deposits, etc.) are filed timely for the Bank and Holding Company.
• Provide tax accountants with the necessary financial information to calculate the Bank’s quarterly tax estimate payments and review estimate payment calculations and tax returns for accuracy and completeness. Coordinate annual tax planning meetings.
• Oversee the Bank’s annual budget process and meet regularly with department heads to review performance, provide financial guidance, and ensure alignment with strategic goals.
• Provide oversight of the Bank’s investment portfolio and bond accounting to ensure alignment with the Bank’s investment policy, risk tolerances, liquidity needs, and regulatory requirements.
• Analyze financial reports and business performance, comparing projections and forecasts against actual results. Recommend improvements to enhance budgeting and financial planning processes.
• Lead the Bank’s profitability reporting initiatives using Axiom financial reporting software to provide organizational, product and customer profitability reporting to Executive Management to maximize financial performance and data driven decision-making.
• Oversee derivative accounting and ensure reporting is accurate, timely and in compliance with GAAP. Provide reporting to ALCO and the Board to monitor derivative performance and effectiveness.
• Collaborate with Executive Committee team members and senior management to prioritize strategic planning initiatives and resource allocation.
• Oversee holding company accounting and process preferred stock dividend payments.
• Actively participate in Bank Committee meetings including IT Steering Committee, Compliance Committee and Risk Committee.

JOB SPECIFICATIONS

Work Direction: This position reports to the President/Chief Executive Officer

Supervision: This position has supervisory responsibilities

Work Schedule: This is a full-time position. Typical hours for this position are Monday through Friday from 8:00 am to 5:00 pm. Occasional evening and weekend hours may be required depending on workload, volume or project demands, as necessary in a leadership role.

* Applicants must be able to fulfill entire shift on each day for consideration. This is not a temporary position. 

QUALIFICATIONS

To succeed in this role, the individual must fulfill each performance objective and primary responsibility satisfactorily. The following requirements reflect the necessary knowledge, skills, and abilities. Accommodation may be provided for individuals with disabilities.

 EDUCATION AND EXPERIENCE

• Bachelor’s degree in Accounting, Finance, Economics, or related field.
• Certified Public Accountant (CPA) designation preferred.
• 10+ years of progressive experience in accounting or finance, including 5+ years in a leadership role, preferably within the banking or financial services industry.
• Prior experience in a community bank or similar financial institution, with a strong understanding of regulatory reporting and asset/liability management (ALM)
• Familiarity with bank regulatory frameworks, including FDIC, OCC, FRM and FFIEC reporting requirements.

KNOWLEDGE, SKILLS, ABILITIES

• Deep knowledge of generally accepted accounting principles (GAAP) and financial management best practices.
• Understanding of bank operations, including lending, deposits, investments, and treasury functions.
• Expertise in bank financial regulatory reporting, including Call Reports, FR-Y reports, capital requirements, and liquidity ratios.
• Strong grasp of budgeting, forecasting, and strategic planning in a financial institution context.
• Knowledge of banking software, general ledger systems and reporting tools.
• Proven leadership and team management skills, with the ability to mentor and develop finance staff.
• Strong analytical and critical thinking skills, capable of interpreting complex financial data to support decision-making.
• Excellent communication and interpersonal skills, with the ability to collaborate across departments and present financial information to executives, board members and regulators.
• High degree of integrity, discretion, and professionalism, especially in handling sensitive financial data and confidential customer information.
• Ability to think strategically while managing day-to-day operations – balancing big-picture vision with attention to detail.
• Strong project management abilities, especially when implementing systems, controls, or process improvements.