VP of Finance

Overview

First Entertainment Credit Union is looking for a VP of Finance who will serve as a key strategic advisor and financial leader to the CFO and senior leadership team. The VP of Finance offers critical financial perspectives and data-driven recommendations necessary to drive operational excellence and sustainable growth. This role will oversee the financial planning, forecasting, asset/liability management, allowance for credit losses, and reporting functions to help meet the company’s growth objectives.

The VP of Finance will collaborate closely with cross-functional teams to ensure understanding and alignment with finance related objectives. The role will also play a critical role in developing talent, optimizing team performance, and supporting a strong culture of financial discipline, accuracy, and insight.

This is a full-time, hybrid opportunity reporting to the SVP & CFO and is based in Hollywood, CA. The targeted pay for this role in California is between $195k and $245k.

• Lead the annual budgeting process on on-going forecast updates using Profit Stars, including the maintenance, enhancement, and the optimization of the Profit Star 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.

• 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.