VP, Finance - Winchester, United States - Winchester Savings Bank

    Winchester Savings Bank
    Winchester Savings Bank Winchester, United States

    1 month ago

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    Description
    Job Description

    Job Description

    SUMMARY/OBJECTIVE
    Manage and direct all areas of internal and external financial reporting and analysis, financial modeling, budget preparation and reporting.

    ESSENTIAL FUNCTIONS
    Oversee day-to-day operations of the finance department, including the preparation of external financial reporting
    Oversee the accuracy and timeliness of financial statements and ensure compliance with relevant regulations and accounting principles
    Oversee the development and monitoring of annual budgets
    Lead the preparation of quarterly Asset Liability Management (ALM) and liquidity reports
    Lead the preparation of Allowance for Credit Loss (ACL) quarterly calculation
    Perform Treasury functions as needed
    Work with 3rd party to prepare and file annual tax return for Bank and subsidiaries
    Collaborate with other departments to develop and implement financial strategies in alignment with the Bank's strategic objectives
    Ensure compliance with relevant regulations and accounting principles

    COMPETENCIES

    Excellent written and verbal communication skills; proficient knowledge of excel and word; knowledge and understanding of Federal and State banking laws, regulations and GAAP.


    REQUIRED EDUCATION AND EXPERIENCE
    Bachelor's Degree in Finance, Accounting or related field; CPA or MBA preferred
    10+ years of relevant finance/accounting experience is required
    Proven experience in financial leadership roles
    Excellent analytical and problem-solving skills

    NOTICE


    This list of duties is not intended to be all- inclusive and may be expanded to include other duties that may be deemed necessary by management from time-to-time.


    The Bank reserves the right to modify, interpret, or apply the job description in any way the company desires and that the job description is not a contract for employment.

    All employment is "at will".

    Also, employee is expected to have knowledge of and adherence to Bank policies and procedures.

    The employee complies with state and federal regulations and specific BSA/AML related regulations and all information security related regulations.

    Work Environment:
    This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.

    EEOC Statement:


    WSB provides equal employment opportunity to all individuals regardless of their race, color, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law.

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