VP, Finance

The VP of Finance is a key member of the upper management team responsible for the overall integrity of Harvard FCU’s financial reporting, accounting operations, and collections functions. The VP leads these teams to ensure accurate and timely financial information, strong internal controls, effective asset quality management, and compliance with all applicable laws and regulations. The VP of Finance is a strategic partner to the CFO, supporting balance sheet management, budgeting and forecasting, and enterprise performance measurement in alignment with Harvard FCU’s mission and risk appetite.

Responsibilities

Financial Management & Reporting:

• Oversee preparation, accuracy and timeliness of financial statements/management reports (e.g. monthly, quarterly and annual financial packages)
• Ensure reporting complies with GAAP, NCUA regulations and internal policies
• Direct preparation and submission of regulatory filings (e.g. NCUA Call Reports, state and federal reports) and support examinations and audits
• Develop/maintain robust financial dashboards/KPIs to support strategic decision-making

Accounting Operations & Internal Controls:

• Lead daily accounting operations (e.g. general ledger, accounts payable/receivable, investments, fixed assets, prepaid and accrual processes, and account reconciliations)
• Design, implement, and monitor internal control framework to safeguard assets, ensure data integrity and support operational efficiency
• Oversee month/year-end close processes, ensuring adherence to timelines and accuracy standards
  Manage relationships with auditors, examiners and other third parties; coordinate audits and agreed-upon procedures

Finance, Planning & Analysis:

• Partner with CFO to develop annual budget, multi-year forecasts, and scenario analyses
• Provide analysis/insight into trends in net interest margin, non-interest income, operating expenses, and credit quality
• Support Asset/Liability Management (ALM) activities (e.g. analysis of interest rate risk, liquidity, funding costs, and portfolio performance)
• Contribute to pricing decisions for loans/deposits and evaluate financial impact of new products/strategic initiatives

Collections & Asset Quality:

• Provide strategic leadership/oversight of collections and recovery function (e.g. policies and procedures for early/late-stage collections, repossessions, charge-offs and recoveries)
• Ensure delinquency, non-performing assets and charge-offs are managed within board-approved risk tolerances and regulatory expectations
• Oversee methodologies for the Allowance for Credit Losses (ACL), including modeling assumptions, documentation, and governance
• Collaborate with other departments to identify emerging credit risk, adjust underwriting/collection strategies, enhance portfolio quality

Leadership & Team Development:

• Lead, mentor, and develop high-performing teams; set goals and expectations; provide regular coaching/feedback
• Foster a culture of accountability, continuous improvement, ethics and service to members
• Promote collaboration between departments to support organizational goals

Governance, Compliance & Risk Management:

• Ensure activities comply with NCUA regulations, state and federal laws and internal policies
• Participate in management and board committees
• Continuously assess and mitigate financial, operational and credit-related risks

Other Responsibilities:

• Represent Harvard FCU with professionalism in forums, industry groups and vendor relationships
• Lead/support special projects and strategic initiatives

Requirements/Skills Needed

Basic Qualifications:

Basic Qualifications are the minimum threshold a candidate must meet in order to be considered for this role.

• Bachelor’s degree in Accounting or equivalent work experience required
• Minimum of 8 years’ relevant work experience
• Supervisory experience

Additional Qualifications and Skills:

The following qualifications are strongly preferred. If you meet some, but not all, you are still encouraged to apply; we value employees with a willingness to learn.

• MBA or Master’s Degree in relevant field preferred
• Knowledge of Microsoft Office Suite, advanced excel skills
• Advanced knowledge of accounting principles and tax regulations
• Demonstrated experience with Financial systems and data query tools

Certificates and Licenses:

• CPA Preferred

How to Apply

Apply here: https://careers.harvard.edu/job/vp-finance-in-cambridge-ma-united-states-jid-1636