Redwood Credit Union
Overview
Redwood Credit Union is seeking a strategic, experienced, and hands-on financial leader to join our leadership team as a
Senior Vice President of Accounting and Finance . In this key role, you will strategically plan, develop, organize, implement, direct, and evaluate Redwood Credit Union's fiscal position with an emphasis on the financial position as it relates to the strategic objectives and the overall accuracy and integrity of financial reporting.
Responsibilities
Evaluate and advise Senior Leadership on the impact of long-range plans for new programs/strategies and regulatory action and their impact
Develop policies, procedures, programs, and implement these upon approval
Serve on and/or direct a number of committees to ensure effective interface among Accounting and Finance and Senior Leadership, departments and branches to ensure established policies, programs, objectives, and goals are communicated
Attend and actively participate in Board of Directors meetings, Senior Leadership Team meetings and strategic planning sessions
Collaborate with leaders of other departments to prepare for critical business opportunities
Represent Redwood Credit Union to outside entities such as examiners, auditors, vendors, and support companies
Communicate the Credit Union’s actual performance versus budgets and objectives to Senior Leadership
Provide leadership to drive growth and pricing strategies and identify opportunities for improvement
Planning
Direct, develop, coordinate, and monitor fiscal decisions and the budgetary process
Translate RCU’s strategic business plans into accounting strategies and operational plans
Participate in the development of the Credit Union's plans and programs as a member of the Senior Leadership Team
Develop and implement plans and policies to attain goals and objectives, measure progress, and implement adjustments as appropriate
Prepare short- and long-term goals and objectives for the Accounting and Finance Departments
Develop strategies to support growth and earnings objectives
Develop and present opportunities to the Senior Leadership Team to enable better service to Members
Review and identify cost-effective and efficient utilization of Redwood Credit Union resources
Program Management
Ensure RCU accounting practices are current within the industry with emphasis on efficiency and cost effectiveness
Develop and maintain, timely, accurate and efficient reporting mechanisms, including rate/volume analysis, net interest spread analysis, product profitability and departmental accounting
Report monthly budget variances and necessary adjustments
Ensure conformance with established policies, procedures and State and Federal laws and regulations
Delegate, coordinate, and review work to ensure quality of work and efficient operation
Establish credibility throughout the organization through effective listening and problem solving
Conduct departmental meetings to disseminate pertinent information and discuss procedures, policies and/or problems to ensure optimum teamwork
Coordinate the development and maintenance of written Accounting Department procedures
Ensure timely payment of bills and maintaining accurate files
Ensure the maintenance, retention, storing and control of all records, receipts and documents relating to the operation of the Credit Union
Ensure the accurate preparation and timely submittal of reports to appropriate departments and outside agencies
Prepare RCU financial reports including financial statements, branch accounting, projections, analysis and cost accounting of services
Ensure reconciliation of cash, general ledger accounts, overages and shortages and general ledger
Coordinate information necessary for Credit Union audits by accountants, supervisory committee, regulator examinations, CUNA Insurance, or any approved agency or firm
Review, analyze and implement procedural changes in maintaining accounting and auditing requirements
Provide leadership and guidance for direct reports
Recruit, select, train, motivate, mentor, evaluate, and develop direct reports
Provide exceptional service to all Members and internal clients
Direct the recruitment, development, training and performance review of Accounting and Finance team members
Establish and maintain sound relationships with financial institutions, including commercial and investment institutions
Ensure the accurate execution of financial instrument purchases such as certificates and investment bonds. Provide recommendations for investment portfolio management
Ensure the accurate preparation and analyze asset/liability management reports. Provide recommendations to manage interest rate risk
Other Functions
Collect and compile data and provide analysis for complex special projects as assigned
Performs other related duties as required
Establish and maintain relationships with key contacts in the community including volunteer centers and non-profit organizations
Participate in community events, community volunteer boards and associations
How to Apply If you are a visionary leader with a passion for driving results and making a difference, we want to hear from you! Apply now to join our team and help shape the future of our company.
About Redwood Credit Union (RCU) At Redwood Credit Union, our mission is to passionately serve the best interests of our Members and communities. Since 1950, we have been dedicated to supporting the financial well-being of our Members through better rates, low or no fees, and best-in-class customer service. Our purpose is to inspire hope and elevate the financial well-being of our communities one person at a time, through good times and bad. As a not-for-profit financial institution, we are committed to a people-first approach, which is reflected not only in how we serve our Members, but also in how we treat our employees. Our leadership team is deeply focused on fostering a culture of heart and empathy, integrity, passion, inclusion, meaningful relationships, excellence, and ensuring financial well-being for all.
Why work for Redwood Credit Union?
29th largest credit union in the U.S. and the largest financial institution based in the North Bay
Awarded a 5-Star Rating based on 6/30/24 financial data by Bauer Financial
Recognized by Newsweek as one of Americas Greatest Midsize Workplaces 2025
Recognized by Newsweek as one of Americas Best Credit Unions 2024
Recognized by Forbes as one of Americas Best Small Employers 2023
Voted Best Places to Work in the North Bay 20 years in a row
World-class Employee Engagement scores
Rated Superior in Service by more than 90% of Members, surveyed by SF Gate
Industry leading Net Promoter Scores across the U.S
Minimum Qualifications
In-depth knowledge of financial auditing, accounting, finance, and cost accounting related to credit union or financial institutions
Thorough knowledge of regulatory requirements for financial institutions, with knowledge of regulatory reporting requirements for credit unions
Thorough knowledge of modern management techniques and practices
Current knowledge of Federal and State accounting related laws, rules, and regulations
Current knowledge of national and local economic trends and condition
Knowledge of data processing, relating to designing programs and systems to accommodate workflow and reporting
Strong negotiation skills
Skill in the operation of a personal computer and spreadsheet, word processing, and presentation software with Intra/Internet access
Ability to effectively plan, lead, organize, and control to assure successful completion of departmental goals and Credit Union objectives
Ability to provide strategic business direction to support business plans and risk management objectives, and all other strategic initiatives
Ability to analyze problems and opportunities, identify and evaluate alternatives, and develop sound, effective approaches
Ability to plan, implement, and evaluate the achievement of goals, objectives, and work plans
Ability to lead, motivate, and direct team members. Ability to communicate effectively, both verbally and in writing
Ability to establish and maintain effective working relationship with a diverse group of people including directors, regulators, Members, team members, attorneys, vendors, and other parties
This position requires occasional travel to other office locations, and some evening or weekend work may be necessary to meet project deadlines or attend events
Licenses and Certifications
CPA preferred or Certified Management Accountant (CMA)
The ideal candidate has a bachelor's degree in accounting, finance, or closely related field, with a minimum of twelve years’ experience at a financial institution, and a minimum of five years of progressive leadership experience. MBA and CPA preferred.
Compensation: Base starting range: $300,000 to $335,000 annually commensurate with experience.
Our base salary starting range is based on scope and responsibilities of the position, candidate's work experience, education/training, key skills, and internal peer equity. We offer a competitive total rewards package including a wide range of medical, dental, vision, financial, and other benefits.
Benefits
Competitive medical, dental, and vision insurance, mental health offerings
Employee performance incentive plan
Salary Advancement – Merit increase based on performance
401(k) program with employer match
Time Off – Competitive PTO accrual plus 11 paid company holidays and your birthday off
RCU Discounts and Perks
Longevity program (sabbatical) based on every five years of service
RCU employees are eligible for a .75% discount off RCU standard collateral auto loans
RCU employees are eligible for a 1% discount on all recreational or boat loan products
2% discount off Visas and LOC Loans through RCU
0% interest loan to support employees with various immigration related expenses such as visa application fees and relocation costs. Loan amount up to $1000
0% interest loan to support employees with expenses associated with the naturalization process. Loan amount up to $15000
0% interest on garment, fitness, or home office equipment loan of up to $500
100% financing for employee purchased homes
Physical Requirements
Ability to stand, bend, stoop, sit, walk, twist, and turn
Ability to lift up to 15 pounds
Ability to use a computer keyboard and calculator
Work environment is indoors; majority of the time is spent sitting at a desk
Redwood Credit Union is not offering Visa transfers and/or sponsorships for this position.
Internal Team Members: If you are a current Team Member, please apply through the internal careers page located in RCUNET.
We are an Equal Opportunity Employer
Job Details
Seniority level: Not Applicable
Employment type: Full-time
Job function: Finance and Sales
Industries: Banking
#J-18808-Ljbffr
Senior Vice President of Accounting and Finance . In this key role, you will strategically plan, develop, organize, implement, direct, and evaluate Redwood Credit Union's fiscal position with an emphasis on the financial position as it relates to the strategic objectives and the overall accuracy and integrity of financial reporting.
Responsibilities
Evaluate and advise Senior Leadership on the impact of long-range plans for new programs/strategies and regulatory action and their impact
Develop policies, procedures, programs, and implement these upon approval
Serve on and/or direct a number of committees to ensure effective interface among Accounting and Finance and Senior Leadership, departments and branches to ensure established policies, programs, objectives, and goals are communicated
Attend and actively participate in Board of Directors meetings, Senior Leadership Team meetings and strategic planning sessions
Collaborate with leaders of other departments to prepare for critical business opportunities
Represent Redwood Credit Union to outside entities such as examiners, auditors, vendors, and support companies
Communicate the Credit Union’s actual performance versus budgets and objectives to Senior Leadership
Provide leadership to drive growth and pricing strategies and identify opportunities for improvement
Planning
Direct, develop, coordinate, and monitor fiscal decisions and the budgetary process
Translate RCU’s strategic business plans into accounting strategies and operational plans
Participate in the development of the Credit Union's plans and programs as a member of the Senior Leadership Team
Develop and implement plans and policies to attain goals and objectives, measure progress, and implement adjustments as appropriate
Prepare short- and long-term goals and objectives for the Accounting and Finance Departments
Develop strategies to support growth and earnings objectives
Develop and present opportunities to the Senior Leadership Team to enable better service to Members
Review and identify cost-effective and efficient utilization of Redwood Credit Union resources
Program Management
Ensure RCU accounting practices are current within the industry with emphasis on efficiency and cost effectiveness
Develop and maintain, timely, accurate and efficient reporting mechanisms, including rate/volume analysis, net interest spread analysis, product profitability and departmental accounting
Report monthly budget variances and necessary adjustments
Ensure conformance with established policies, procedures and State and Federal laws and regulations
Delegate, coordinate, and review work to ensure quality of work and efficient operation
Establish credibility throughout the organization through effective listening and problem solving
Conduct departmental meetings to disseminate pertinent information and discuss procedures, policies and/or problems to ensure optimum teamwork
Coordinate the development and maintenance of written Accounting Department procedures
Ensure timely payment of bills and maintaining accurate files
Ensure the maintenance, retention, storing and control of all records, receipts and documents relating to the operation of the Credit Union
Ensure the accurate preparation and timely submittal of reports to appropriate departments and outside agencies
Prepare RCU financial reports including financial statements, branch accounting, projections, analysis and cost accounting of services
Ensure reconciliation of cash, general ledger accounts, overages and shortages and general ledger
Coordinate information necessary for Credit Union audits by accountants, supervisory committee, regulator examinations, CUNA Insurance, or any approved agency or firm
Review, analyze and implement procedural changes in maintaining accounting and auditing requirements
Provide leadership and guidance for direct reports
Recruit, select, train, motivate, mentor, evaluate, and develop direct reports
Provide exceptional service to all Members and internal clients
Direct the recruitment, development, training and performance review of Accounting and Finance team members
Establish and maintain sound relationships with financial institutions, including commercial and investment institutions
Ensure the accurate execution of financial instrument purchases such as certificates and investment bonds. Provide recommendations for investment portfolio management
Ensure the accurate preparation and analyze asset/liability management reports. Provide recommendations to manage interest rate risk
Other Functions
Collect and compile data and provide analysis for complex special projects as assigned
Performs other related duties as required
Establish and maintain relationships with key contacts in the community including volunteer centers and non-profit organizations
Participate in community events, community volunteer boards and associations
How to Apply If you are a visionary leader with a passion for driving results and making a difference, we want to hear from you! Apply now to join our team and help shape the future of our company.
About Redwood Credit Union (RCU) At Redwood Credit Union, our mission is to passionately serve the best interests of our Members and communities. Since 1950, we have been dedicated to supporting the financial well-being of our Members through better rates, low or no fees, and best-in-class customer service. Our purpose is to inspire hope and elevate the financial well-being of our communities one person at a time, through good times and bad. As a not-for-profit financial institution, we are committed to a people-first approach, which is reflected not only in how we serve our Members, but also in how we treat our employees. Our leadership team is deeply focused on fostering a culture of heart and empathy, integrity, passion, inclusion, meaningful relationships, excellence, and ensuring financial well-being for all.
Why work for Redwood Credit Union?
29th largest credit union in the U.S. and the largest financial institution based in the North Bay
Awarded a 5-Star Rating based on 6/30/24 financial data by Bauer Financial
Recognized by Newsweek as one of Americas Greatest Midsize Workplaces 2025
Recognized by Newsweek as one of Americas Best Credit Unions 2024
Recognized by Forbes as one of Americas Best Small Employers 2023
Voted Best Places to Work in the North Bay 20 years in a row
World-class Employee Engagement scores
Rated Superior in Service by more than 90% of Members, surveyed by SF Gate
Industry leading Net Promoter Scores across the U.S
Minimum Qualifications
In-depth knowledge of financial auditing, accounting, finance, and cost accounting related to credit union or financial institutions
Thorough knowledge of regulatory requirements for financial institutions, with knowledge of regulatory reporting requirements for credit unions
Thorough knowledge of modern management techniques and practices
Current knowledge of Federal and State accounting related laws, rules, and regulations
Current knowledge of national and local economic trends and condition
Knowledge of data processing, relating to designing programs and systems to accommodate workflow and reporting
Strong negotiation skills
Skill in the operation of a personal computer and spreadsheet, word processing, and presentation software with Intra/Internet access
Ability to effectively plan, lead, organize, and control to assure successful completion of departmental goals and Credit Union objectives
Ability to provide strategic business direction to support business plans and risk management objectives, and all other strategic initiatives
Ability to analyze problems and opportunities, identify and evaluate alternatives, and develop sound, effective approaches
Ability to plan, implement, and evaluate the achievement of goals, objectives, and work plans
Ability to lead, motivate, and direct team members. Ability to communicate effectively, both verbally and in writing
Ability to establish and maintain effective working relationship with a diverse group of people including directors, regulators, Members, team members, attorneys, vendors, and other parties
This position requires occasional travel to other office locations, and some evening or weekend work may be necessary to meet project deadlines or attend events
Licenses and Certifications
CPA preferred or Certified Management Accountant (CMA)
The ideal candidate has a bachelor's degree in accounting, finance, or closely related field, with a minimum of twelve years’ experience at a financial institution, and a minimum of five years of progressive leadership experience. MBA and CPA preferred.
Compensation: Base starting range: $300,000 to $335,000 annually commensurate with experience.
Our base salary starting range is based on scope and responsibilities of the position, candidate's work experience, education/training, key skills, and internal peer equity. We offer a competitive total rewards package including a wide range of medical, dental, vision, financial, and other benefits.
Benefits
Competitive medical, dental, and vision insurance, mental health offerings
Employee performance incentive plan
Salary Advancement – Merit increase based on performance
401(k) program with employer match
Time Off – Competitive PTO accrual plus 11 paid company holidays and your birthday off
RCU Discounts and Perks
Longevity program (sabbatical) based on every five years of service
RCU employees are eligible for a .75% discount off RCU standard collateral auto loans
RCU employees are eligible for a 1% discount on all recreational or boat loan products
2% discount off Visas and LOC Loans through RCU
0% interest loan to support employees with various immigration related expenses such as visa application fees and relocation costs. Loan amount up to $1000
0% interest loan to support employees with expenses associated with the naturalization process. Loan amount up to $15000
0% interest on garment, fitness, or home office equipment loan of up to $500
100% financing for employee purchased homes
Physical Requirements
Ability to stand, bend, stoop, sit, walk, twist, and turn
Ability to lift up to 15 pounds
Ability to use a computer keyboard and calculator
Work environment is indoors; majority of the time is spent sitting at a desk
Redwood Credit Union is not offering Visa transfers and/or sponsorships for this position.
Internal Team Members: If you are a current Team Member, please apply through the internal careers page located in RCUNET.
We are an Equal Opportunity Employer
Job Details
Seniority level: Not Applicable
Employment type: Full-time
Job function: Finance and Sales
Industries: Banking
#J-18808-Ljbffr