Director, Finance

Function

The Director of Finance is responsible for directing the financial strategy and investment activities of Nizari Progressive Federal Credit Union (Nizari PFCU). This role ensures that the Credit Union’s financial resources are effectively managed to achieve sustainable growth, profitability, and member value. The Director of Finance provides oversight of financial operations, reporting, budgeting, forecasting, and investment portfolio management, ensuring compliance with all applicable regulations and alignment with the Credit Union’s mission and goals.

Regular Responsibilities

• Oversee and manage the Credit Union’s investment portfolio, ensuring alignment with strategic objectives, risk tolerance, and regulatory requirements.
• Develop and recommend investment strategies that optimize returns while maintaining safety, liquidity, and compliance.
• Provide financial leadership and guidance to support short- and long-term strategic planning.
• Direct financial reporting processes, including preparation of monthly, quarterly, and annual financial statements in compliance with GAAP and NCUA regulations.
• Monitor key financial metrics and recommend actions to maintain economic stability and growth.
• Lead budgeting and forecasting processes, working with department leaders to align budgets with organizational objectives.
• Analyze financial data, trends, and market conditions to inform investment and operational decision-making.
• Ensure compliance with all applicable federal, state, and NCUA financial regulations.
• Collaborate with senior leadership to evaluate new products, services, and strategic initiatives from a financial perspective.
• Oversee accounting functions to ensure accuracy, efficiency, and strong internal controls.
• Manage external audits, regulatory examinations, and relationships with auditors, vendors, and financial partners.
• Mentor and guide finance team members, fostering professional development and high performance.

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, or related field; Master’s degree preferred.
• CPA, CFA, or similar professional designation strongly preferred.
• Minimum of 7–10 years of progressive financial management experience in a credit union, bank, or other regulated financial institution.
• Demonstrated expertise in investments, asset-liability management, and financial reporting.
• Proven ability to manage budgets, forecasts, and strategic financial planning processes.

Required Knowledge

• In-depth knowledge of credit union/banking financial operations, including lending, deposits, and capital management.
• Strong understanding of investment principles, portfolio management, and risk management practices.
• Comprehensive knowledge of GAAP, NCUA regulations, and other relevant financial regulatory standards.
• Familiarity with asset-liability management models and liquidity management.
• Knowledge of financial technology tools and reporting systems.