Chief Financial Officer

Title : Chief Financial Officer

Experience level:Executive

Location: Pharr, TX

Experience required:5 Years10 Months

Education level:Bachelor s degree

Job function:Accounting/Auditing

Industry:Banking

Compensation:$161,000 -$250,000

Relocation assistance:Yes

CLIENT NAME: Lonestar National Bank

Among other duties, the Chief Financial Officer manages the processes for preparation of consolidated financial statements for

the company in conformity with generally accepted accounting principles.

ESSENTIAL DUTIES

The duties listed below may not include all responsibilities that the person in this role may be asked to perform. Incumbent may be

required to perform other related duties, as assigned, including cross training across other departments, as necessary.

• Manages the processes for preparation of consolidated financial statements for the company in conformity with generally accepted accounting principles
  
• Ensures that accounting and reporting policies are followed and conform to general practices within the banking industry
  
• Reviews and determines correct accounting estimates, which are an integral part of the financial statements
  
• Manages the external financial reporting activities to assure integrity, timeliness and conformity to applicable laws and
  

• regulations (OCC, FDIC and other applicable federal and state banking authorities)
  

• Manages internal financial reporting and analytical activities
  
• Evaluates & manages the effectiveness of internal controls relative to financial accounting
  
• Coordinates examinations by independent public accountants, prepares statements for financial audit
  
• Integral in the preparation of financial budgets for the company
  
• Manages the hiring, daily activities, coaching, evaluating and counseling of reporting staff
  
• Participates in job specific training and other various Bank training programs, as necessary
  
• Maintains current knowledge of internal risk controls and loss prevention, including reporting of suspicious or unusual customer activity per Bank policy, and ensures adherence by the respective department personnel
  
• Maintains current knowledge and complies with all federal and state laws and regulations and all established Bank policies and procedures, including internal audit controls related to department operations, and ensures adherence by the respective department personnel
  
• Maintains current knowledge of all rules, regulations, and laws as they apply to BSA/OFAC/USA Patriot Act/CIP/AML, and ensures adherence by the respective department personnel
  

QUALIFICATIONS

These specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this position. The requirements listed below are representative of the knowledge, skill and/or ability required to perform the position in a satisfactory manner. Individual abilities may result in some deviation from these guidelines.

• A self-starting team player who possesses a BBA in Accounting or Finance and is a Certified Public Accountant (CPA)
  
• Must have a minimum of five years in public accounting related directly to the Commercial Banking industry or ten years of comparable Banking industry experience in commercial bank accounting, financial reporting, and analytics.
  
• Strong managerial skills and the ability to guide and direct a group of officers and employees are essential
  
• Must be PC literate, have strong Excel spreadsheet and budgeting software skills
  
• Problem solving skills and the ability to make sound financial decisions, as well as flexibility and professionalism
  
• Attention to detail and a high degree of mental concentration are required, as well as the ability to change quickly from one task to another
  
• Good organizational, interpersonal, and communications skills are also required
  
• Must be able to meet deadlines, work in a fast paced environment, and perform a variety of tasks with numerous interruptions
  
• Bilingual in English and Spanish is desired
  

ORGANIZATION

• This position reports to the Chief Financial Officer of Bancshares
  
• This position oversees the Finance division
  

MUST HAVES

• CPA
  
• BBA Accounting - Finance
  
• Must have a minimum of five years in public accounting related directly to the Commercial Banking industry or ten years of comparable Banking industry experience in commercial bank accounting, financial reporting, and analytics.