Description
LAFCU is seeking an experienced, strategic Chief Financial Officer to lead the financial direction of the credit union. This executive level role is responsible for overseeing financial strategy, accounting, treasury, budgeting, investments, audit, tax, regulatory reporting, and overall financial risk management.
The CFO serves as a key member of the Executive Team and works closely with leadership, the CEO, and the Board to support long-term organizational growth, financial strength, and operational excellence.
Key Responsibilities
- Serve as a member of the Executive Team and contribute to strategic planning, business goals, and organizational initiatives.
- Lead and develop the Accounting and Finance teams.
- Oversee treasury, budgeting, audit, tax, accounting, purchasing, real estate, insurance, and investment activities.
- Prepare and review financial reports, forecasts, budgets, and capital plans.
- Ensure accurate financial, statistical, accounting, and regulatory reporting.
- Manage investment activities, safekeeping of assets, and liquidity planning.
- Work with auditors, examiners, regulatory authorities, and the Board.
- Develop and review financial policies and procedures to ensure compliance.
- Analyze budgets, identify efficiencies, and recommend financial improvements.
- Support business development and participate in community-related events.
Requirements
- 10–15 years of similar or related financial leadership experience.
- Bachelor’s degree in finance, accounting, business administration, or related field.
- MBA, CMA, or CPA preferred.
- Strong knowledge of accounting, finance, investments, budgeting, regulatory reporting, and risk management.
- Excellent analytical, leadership, communication, and interpersonal skills.
- Ability to influence, collaborate, resolve complex issues, and present to executive leadership and the Board.
- Proficiency with accounting, spreadsheet, word processing, and financial data processing systems.
Summary
WHY LAFCU?
LAFCU is a credit union that’s been serving our community for 90 years. We have expanded to provide financial services to people and businesses across the entire state of Michigan. We are very involved in serving our community and you’ll see LAFCU rolling up their sleeves and giving back.
We are a full service financial institution; providing relevant products and services such as overdraft protection, debit and credit cards, savings and checking accounts, auto loans, mortgage loans and much more.
With a particular focus on serving people of modest means, LAFCU is committed to enhancing its members' financial well-being and creating long-lasting positive change across generations. Awarded the prestigious Dora Maxwell Social Responsibility Community Service Award, LAFCU is known for its people-helping-people mission, which has led to award-winning financial literacy programs for all ages. A three-time honoree as a national ‘Best Credit Union to Work For,’ named a Best Place to Work for Women, and recognized globally for its diversity, equity, and inclusion initiatives, LAFCU stands out
In addition to our competitive compensation package; including 401k, we have a strong tuition assistance program; and believe strongly in work/life balance.
LAFCU actively promotes diversity, equity, and inclusion in our workplace. We welcome and encourage applicants from all backgrounds to apply, as we believe diverse perspectives contribute to our overall success.