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Hills Bank Senior Vice President and Chief Financial Officer in Hills, Iowa

Senior Vice President and Chief Financial Officer

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  • Hills, IA, USA

  • Salary

  • Full Time

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SCOPE:

The Chief Financial Officer has the primary strategic responsibility for planning, implementing, and managing all financial-related activities of the Bank. Provide counsel to the Chief Executive Officer and Board of Directors regarding the Bank's internal accounting and financial reporting policies, programs, and procedures to ensure that they comply with generally accepted accounting principles (GAAP) and applicable banking regulations. Oversee the analysis and reporting of the financial status of the Bank. Responsible for directing the Bank's investment portfolio.

ACCOUNTABILITIES:

Strategic Management:

  • Responsible for the strategic direction and oversight of the Bank's financial management to advance the Bank's objectives and direct the Finance and Accounting departments in support of those objectives.

  • Assess financial performance of Bank with regard to long-term operational goals, budgets and forecasts.

  • Provide insight and recommendations to both short-term and long-term growth plan of Bank.

  • Create and establish yearly financial objectives that align with the Bank's plan for growth and profitability.

  • Collaborate and support other business units relating to financial matters that may improve their profitability and efficiency while developing and maintaining positive relationships with key partners and stakeholders.

Finance and Accounting Department Oversight and Management:

  • Provide direction, organization, and supervision to the accounting, budget preparation, and finance functions.

  • Monitor key performance indicators and the overall budget to assess and enhance performance.

  • Establish financial policies and systems to support corporate strategies and ensure continual compliance and adherence to regulatory guidance.

  • Hire, train, coach and evaluate the performance of direct reports. Establish and maintain positive working relationships within department, bank and other external entities.

Administrative:

  • Attend and participate in appropriate board and officer level committee meetings.

  • Ensure that effective internal controls are in place for compliance with GAAP and all applicable federal and state laws and rules for financial and tax reporting.

  • Serve as Treasurer for Hills Bancorporation and Hills Bancorporation Foundation.

  • Oversee all treasury activities including investments, borrowings, and liquidity management.

Financial Reporting:

  • Oversee timely preparation of and review of various internal, external and regulatory financial reports for the holding company and the Bank, including financial statements and filings required by the Securities and Exchange Commission (SEC).

  • Oversee preparation of all budgets based on projected operating costs and the overall asset and liability management plan including a 5 year financial plan.

  • Assist in the formation of the investment and asset/liability management strategy for the Bank through participation in the investment and asset/liability management committees of the Bank and function as the chairperson of the ALCO committee.

  • Evaluate the Bank's net interest margin including the establishment of loan and deposit rates, the attainment of non-interest income goals and non-interest expense controls, and the provision for loan losses.

Other Duties:

  • Enhance professional growth and development through participation in seminars and workshops.

  • Participate in appropriate bank events, activities, and community associations.

EDUCATION AND SPECIAL REQUIREMENTS:

  • Bachelor's degree (B. A.) from four-year college or university.

  • Certified Public Accountant (C.P.A.) certificate required.

  • Seven to ten years related banking and accounting/auditing experience with a public accounting firm required.

  • 12+ years of progressively responsible financial leadership roles (includes 7 to 10 years noted above).

  • Prior experience in leading treasury, including ALCO and budget and forecasting processes, preferred.

  • Post graduate industry-specific education (e.g., Graduate School of Banking, etc.) preferred.

  • Knowledge of GAAP, SOX compliance, banking regulatory, and SEC reporting required.

  • Previous management of projects, departments, or other supervisory role is required.

  • Position requires occasional overnight travel to attend various training conferences, workshops, or seminars.

EQUAL OPPORTUNITY EMPLOYER

Our goal is to keep our employees and customers safe. Until further notice, we have implemented the following requirement for our current and future employees.

A face mask with at least 2 layers of fabric MUST be worn over the mouth and nose by ALL employees

+ + When entering and exiting the facilities

  • In the lobby

  • For all meetings with a customer(s) present

  • For employee-only meetings in an office or conference room where plexiglass and/or distancing are not possible

  • Whenever you are away from your workstation or office

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