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Chief Financial Officer - job 1 of 18

Want to learn more about this role and Jobot? Click our Jobot logo and follow our LinkedIn page!Job detailsLong established regional bank is seeking an highly experienced CFO with Banking / Credit Union backgroundThis Jobot Job is hosted by Tony MarascoAre you a fit? Easy Apply now by clicking the "Easy Apply" button and sending us your resume.Salary $190,000 - $210,000 per yearA Bit About UsAs a long established bank with over 100 years of history in Texas, we have a rich history of trust within the communities in which we serve. As we modernize and add more and more offerings, we aim to stay true to that historical reputation we have worked tirelessly to develop. We are a locally owned and independent community bank with the offerings of a national partner. In the coming years we will continue to see steady growth and are hiring top level talent that can support those efforts.Are you a highly skilled CFO with a background in Banking, Credit Unions, or directly related industry? If so, please continue to read as this role may be the one for youWhy join us?100+ years of historyHealthy financial historyGrowing organizationExecutive leadership roleCompetitive compensation packageBenefits• Choice of insurance options• Company matched 401(k)• Competitive PTO offeringsJob DetailsPosition Summary The CFO is responsible for overseeing the finance, accounting, and tax functions of our bank. With direct control of our financial controls, reporting, financial analysis and modeling, and audit schedule. The CFO will provide leadership across their departments and will be a member of the executive planning team.Day to Day Responsibilities• Plan & Develop fiscal guidelines, processes, and KPIs• Implement processes and manage department performance• Administer investment portfolio to maximize profitability and earnings• Work to minimize exposure and interest rate risk• Prepare quarterly ALCO reports• Stay up to date on economic forecasts and interest rates• Develop organizational financial strategy• Monitor financial performance• Prepare various financial reports• Manage internal audit• Manage tax strategy• Supervise accounting staff through departmental leadership• Continuous process improvementRequired Qualifications• Bachelor's Degree in Accounting, Finance, or related field• CPA• Prior Banking Experience• Prior Executive leadership experience• Financial reporting expertisePreferred Qualifications• Public Accounting experience• MBAInterested in hearing more? Easy Apply now by clicking the "Easy Apply" button.Want to learn more about this role and Jobot?Click our Jobot logo and follow our LinkedIn page!
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Average salary estimate

$200000 / YEARLY (est.)
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$190000K
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What You Should Know About Chief Financial Officer, Jobot

Are you ready to take the next step in your career as a Chief Financial Officer? Join us at our long-established bank in Yoakum, TX, where we are celebrating over 100 years of excellence and trust within our community. This executive leadership role is not just about managing numbers; it's about shaping the financial future of a growing organization that values its history while embracing modernization. With a salary range of $190,000 - $210,000, we offer a competitive compensation package that includes various insurance options, a company-matched 401(k), and generous PTO offerings. In this role, you'll be responsible for overseeing all finance, accounting, and tax functions, taking the reins on financial strategy and ensuring organizational growth. Your day-to-day responsibilities will include planning and implementing fiscal guidelines, managing our investment portfolio to maximize earnings, and preparing crucial financial reports. With a focus on continuous process improvement and up-to-date economic forecasting, you will play a vital role in steering our bank towards future success. If you have a Bachelor's Degree in Accounting or Finance, a CPA, and prior executive banking experience, we want to hear from you! Join us to help shape our financial landscape while thriving in a supportive work environment!

Frequently Asked Questions (FAQs) for Chief Financial Officer Role at Jobot
What are the key responsibilities of the Chief Financial Officer at the long-established bank in Yoakum, TX?

The Chief Financial Officer at this bank is pivotal in overseeing the finance, accounting, and tax functions. Key responsibilities include developing fiscal guidelines, managing the investment portfolio, preparing financial reports, administering internal audits, and creating strategies to ensure financial stability while minimizing risks.

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What qualifications are required for the Chief Financial Officer role at the bank in Yoakum, TX?

To qualify for the Chief Financial Officer role, candidates must possess a Bachelor's Degree in Accounting or Finance, hold a CPA certification, and have prior executive leadership experience in the banking sector. Expertise in financial reporting is essential to effectively handle the responsibilities of this position.

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What competitive compensation can be expected for the Chief Financial Officer position at the bank?

The Chief Financial Officer position offers a competitive salary range of $190,000 - $210,000 per year, alongside an attractive benefits package that includes a choice of insurance options, a company-matched 401(k), and generous PTO offerings.

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How does the Chief Financial Officer contribute to the bank's growth in Yoakum, TX?

The CFO plays a critical role in the bank's growth by developing and implementing financial strategies, overseeing financial performance, managing investment risks, and preparing reports that guide executive decisions. This leadership directly supports the bank's aim for modernization while maintaining its community trust.

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What kind of experience is preferred for the Chief Financial Officer role at the Yoakum, TX bank?

Ideal candidates for the CFO position also have public accounting experience and an MBA, which can further enhance their ability to contribute effectively to the financial planning and strategic direction of the bank.

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Common Interview Questions for Chief Financial Officer
Can you describe your experience managing a finance team?

Discuss your leadership style and how you encourage collaboration and professional development within your team. Highlight specific achievements or efficiencies you've introduced in your previous roles to demonstrate your impact.

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How do you handle financial forecasting and modeling?

Share your approach to developing accurate financial forecasts, including the tools and methodologies you use. Provide examples of how your forecasts have guided strategic decisions in previous positions.

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What strategies do you use to minimize financial risks?

Outline the risk assessment processes you follow and the proactive measures you've implemented to mitigate risks. Discuss instances where your strategies successfully protected the organization’s financial interests.

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Can you explain your approach to managing the investment portfolio?

Articulate your philosophy on investment management and describe how you prioritize profitability while considering risk. Provide examples of your decision-making processes regarding portfolio adjustments.

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What experience do you have with managing internal audits?

Discuss your experience in the audit process, how you ensure compliance and accuracy, and your methods for addressing any discrepancies. Highlight any improvements you've made to the audit process.

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How do you stay updated on economic trends and interest rates?

Explain the sources and methods you use to stay informed, such as subscribing to specific publications, attending industry conferences, or engaging with financial networks. Illustrate how this knowledge has influenced your financial strategies.

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Can you give an example of a financial strategy you developed that had a significant impact?

Share a specific situation where your strategic input led to positive financial outcomes for the organization. Focus on your role in crafting the strategy and the results achieved.

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How do you approach financial reporting to stakeholders?

Discuss your process for preparing and presenting financial reports, ensuring clarity for stakeholders. Highlight your experience in tailoring reports to different audiences, ensuring they understand key financial insights.

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What are your views on the role of technology in financial management?

Share your perspective on technology's impact on financial processes, such as automation or analytics. Discuss any tools you've implemented and how they improved financial efficiency or accuracy.

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What leadership qualities do you believe are essential for a successful CFO?

Highlight critical leadership qualities such as strategic vision, communication skills, and the ability to foster a collaborative culture. Provide examples of how you’ve demonstrated these qualities in your previous leadership roles.

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Jobot wants to help put the world to work. Utilizing a culture of kindness and respect, intelligent technology and experienced recruiters, Jobot helps make smarter job matches for people. Jobot's lives its mission through its commitment of kindn...

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December 8, 2024

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