VP/Treasurer

(Job Id W339343)
Posted on 3/29/2010
Location:

Akron, OH


Job Type:

Full Time


Salary: $110000.00 to $140000.00/year
Job Description
General Duties:
? Responsible for supervising the day to day management of cash flows and borrowing availability.
? Works with other members of management to execute the Companys long term asset/liability plans.
? Supervises mortgage banking accounting including valuations, revenue recognition and cash flow planning.
? Supervises external reporting to the SEC. Supervises investment analysis and investment purchasing and sale functions.
? Responsible for correspondent bank relationships including monitoring the financial health of counterparties.
? This position requires regular interaction with various members of senior and middle management including attendance and participation in balance sheet meetings and communication necessary to manage cash flow activity.
? Significant interaction is required with organizations outside the Bank including but not limited to attorneys, auditors, examiners, correspondent institutions, mortgage service and insurance professionals and software vendors.
? Periodic interaction required with senior officers and board members on issues such as insurance, asset/liability management, stock awards and proxy disclosures. This position is responsible for maintaining a comprehensive knowledge of GAAP for financial institutions in order to consult on accounting issues and to determine appropriate disclosures in external reports.
? The position requires the ability to make appropriate decisions on cash activities on a day to day basis in order to maintain liquidity according to company policy.
? The position is also responsible for familiarity with SEC regulations in order to make appropriate disclosure decisions related to the quarterly earnings release, periodic SEC filings and the annual proxy statement.
? Supervision and review of the work of subordinates.

Detailed Duties:
? Monitor, supervise and report on the short-term and daily liquidity of the Bank including monitoring of daily borrowing capacity.
? Responsible for timely and accurate filing of Forms 8-K, 10-Q, 10-K and proxy statements with the SEC.
? Execute long-term asset and liability strategies of the company related to investments, borrowings, and wholesale deposits. Includes obtaining brokered deposits, setting rates on public fund deposits and monitoring debt covenant compliance
? Supervises mortgage banking accounting including approvals of changes in procedures, implementation of changes in accounting principles and monthly review of results
? Actively participate in the budgeting of interest income and interest expense including determining estimates of activity levels and analytic review of results.
? Attend balance sheet meetings and secondary and ALCO meetings as required. Supervise and review the preparation of Balance Sheet and ALCO packages including periodic updating of related policies.
? Supervise preparation of monthly Board financial package and assure consistency between monthly Board package and quarterly press releases.
? Supervise Investment Manager and coordinate investment purchases and sales with Investment Manger and CFO
? Support investor relations function by answering routine calls and supporting the preparation of investor presentations.
? Act as liaison with registrar and transfer agent, Edgarizing vendor and annual report typesetter and printer. Coordinate annual report production with Marketing department as needed.
? Supervise valuation and recordkeeping for all stock award plans including maintenance on subsidiary recordkeeping system.
? Lead the finance effort for any S-1, S-2, S-3 or S-4 filing coordinating appropriately with attorneys, accountants and target institutions. Facilitate the integration of acquisitions for areas related to Finance.
? Provide supervision, training, motivation and performance feedback including annual performance evaluations to subordinates.
? Act as liaison for renewal and maintenance of insurance polices other than property insurance.

Experience Required:
? Bachelors or masters degree in accounting required along with a minimum of 10 years work experience in a financial position.
? CPA and/or MBA preferred.
? Banking experience required or public accounting audit with banking clients.
SEC Reporting experience required either through banking or public accounting..
? Experience with database, presentation, general ledger and other software helpful.
? Supervisory experience required.