First Entertainment Credit Union

VP of Finance

First Entertainment Credit Union

full-time

Posted on:

Location Type: Hybrid

Location: Hollywood • California • United States

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Salary

💰 $195,000 - $245,000 per year

Job Level

Lead

About the role

  • Lead the annual budgeting process on on-going forecast updates using ProfitStars, including the maintenance, enhancement, and the optimization of the ProfitStar model, assumptions, and reporting.
  • Lead the analysis for the allowance for credit losses under the CECL methodology.
  • Partner with business leaders to ensure accurate financial inputs, key drivers, and scenario analysis.
  • Provide executive-level insight into budget variances, trends, risks, and opportunities.
  • Serve as primary liaison with the Credit Union’s broker-dealer partner responsible for running the ALM/IRR model.
  • Review challenge, and validate model assumptions, scenarios, and outputs to ensure regulatory and strategic alignment.
  • Develop comprehensive business plans for new initiatives and conduct rigorous financial analysis to evaluate feasibility and potential returns.
  • Prepare, review, and deliver accurate and timely financial reports for the senior executive team (ELT & SLT), ALCO, Finance Committee, and the Board of Directors.
  • Build, mentor and lead a high-performing finance team, fostering a team culture of accountability and operational excellence.
  • Partner with the CFO and ELT to support strategic planning and long-range financial modeling.

Requirements

  • Bachelor’s degree in finance, Accounting, Business Administration, or related field is required. CPA or MBA preferred.
  • Minimum of 10+ years of progressive experience in financial leadership roles within the financial institution space.
  • Strong financial acumen and deep knowledge of financial planning, analysis, and reporting.
  • Knowledge and experience with member, product and branch profitability models.
  • In-depth knowledge of Credit Union products and services, procedures and guidelines, and field of membership requirements.
  • Thorough knowledge of regulations applicable to essential responsibilities.
  • Exceptional analytical skills and ability to translate financial data into actionable insights.
  • Excellent communication and presentation skills, with the ability to effectively engage and influence stakeholders at all levels.
  • Exceptional coaching skills within and across business lines. Proven track record of developing talent at all levels.
  • Exceptional interpersonal and relationship building skills. Ability to secure buy-ins and alignment with stakeholders.
  • Proficient with Microsoft Office software suite with advanced Excel skills.
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
financial planningfinancial analysisfinancial reportingcredit loss analysisCECL methodologyprofitability modelsfinancial modelingbudgetingregulatory compliancedata analysis
Soft Skills
analytical skillscommunication skillspresentation skillscoaching skillsinterpersonal skillsrelationship buildingteam leadershipstakeholder engagementoperational excellenceaccountability
Certifications
Bachelor's degree in financeBachelor's degree in AccountingBachelor's degree in Business AdministrationCPAMBA