Director of Corporate Finance
Heritage Bank has an exciting opportunity to join our organization! We are seeking a director of corporate financewho will be responsible for leading financial planning analysis and strategic advisory services, providing direction and management to the corporate finance team, overseeing budgeting and forecasting, profitability modeling, management financial reporting, and is relied upon to provide insights to enhance performance and support corporate decision making. Base Salary Range: $158,739.00 - $198,429.00 - $238,109.00annual Geographical location is Tacoma, WA. This position is full-time on-site. Typical schedule is Monday - Friday 8:00 a.m. to 5:00 p.m. The Role at a Glance: Works with senior and executive management to identify emerging opportunities and issues to improve the organization's growth and profitability through revenue enhancements, process/system improvements, cost management, capital management, and risk management. Develops management reports for business unit managers providing insight into performance and performance trends.Responsible for budgeting and forecasting process. Assists in the development and maintenance of interest rate risk models and ALCO reports. Analyzes the impact of new capital issues, share repurchases, and changes in business focus and/or strategy on risk-based capital. Develops financial models, forecasting the impact of new business proposals and/or changes to corporate strategic direction. Develops, maintains, and updates organizational and customer profitability system. Develops reports detailing relative profitability and other statistics for branches, business units, products, loan officers, and customers. Responsible for collaboratively developing and implementing a bank-wide plan to gather, measure, distribute, and report management information. Designs, implements, maintains and enhances internal controls over Corporate Finance to mitigate risk on an ongoing basis. Identify risk-related issues needing escalation to management. Maintains proper internal controls over financial reporting based on the level of reliance upon system outputs. Participates in acquisition valuation and pro forma modeling that projects impact of target on future bank performance and capital as well as performing evaluations of third-party models. Actively participates in due diligence. Develops and implements Finance department goals and long-term objectives which contribute to strategic decisions using an in-depth knowledge of industry/competitor strategies. Understands and adheres to the company's risk and regulatory standards, policies and controls in accordance with the bank's risk appetite. Provides direct reports with proper tools and authority to execute their assigned functions. Identifies and develops new skills for assigned staff through goal-setting, coaching, problem resolution, delegation, training, counseling, and performance management. Works collaboratively with management and Human Resources and recommends staffing levels and approves personnel actions such as hiring, terminations, promotions, transfers, training and development of staff, timely performance reviews and salary increases, in accordance with legal and acceptable Bank personnel practices. Maintains proficient knowledge of, and ensures bank activities are performed in compliance with, all state and federal banking laws and regulations applicable to areas of responsibility. Ensures Bank activities are performed in compliance with the Bank’s Policies and Standards, in partnership with Enterprise Risk Management and other internal banking partners. Requirements: Bachelor’s degree in Finance, Accounting, or Business, or a related field required. 10 years of recent relevant financial experience in financial planning and analysis developing and implementing strategies that align with business goals, which includes a minimum of 5 years in a management and leadership role in a financial services/community bank environment of at least $5 - $10 billion in assets required. Certified Public Accountant (CPA) preferred. Equivalent combination of education, certifications and/or relevant work experience in a similar leadership role may be considered. Provides an exceptional level of quality service for internal/external customers; responds to customers' needs, questions and concerns in an accurate, effective, and timely manner. Exhibits professional and effective listening, verbal, written and telephone etiquette business communication skills, including effective questioning strategies and presentation skills and ability to communicate effectively, clearly and persuasively in a variety of settings, formats, and audiences across business lines at all levels; with the ability to read, write, speak, and understand English well. Strong leadership and managerial skills are required to manage, motivate, and develop teams, to include oversight and management of employees in remote locations, to ensure transparency. Employee development, performance management, training and employee counseling skills required. Demonstrated ability to ensure the development of a high-performing group by leading, inspiring and coaching a team of professionals, and facilitates cooperation and motivates team members to accomplish individual and group goals. Strategic in approach to decision-making with proven ability to analyze information, develop strategies and deliver results; Demonstrated ability to develop and maintain strong working relationships with all business units and executive team to achieve common goals. Demonstrated experience in designing, implementing and operating enterprise level financial performance measurement framework, managing profitability, short-term and long-term strategic planning with deep understanding of financial concepts. Strong organizational and time management skills, with the ability to accurately manage multiple assignments, goals, projects and reporting requests, ensuring priorities are set and commitments and deadlines are met, with minimal direction and oversight. Demonstrated ability to quickly focus on key issues and make decisions under pressure of time constraints. Thoroughly understands, applies and adheres to principles, procedures, compliance requirements, state/federal regulations, and policies related to assigned area of oversight. Unquestionable integrity in handling sensitive and confidential information required. Advanced use and understanding of MS Office products (Word, Excel, Outlook), and financial management data processing systems, with the ability to adapt to new products and technologies quickly. Experience in database management and reporting – strongly desired. Strong working knowledge using Empyrean budgeting, ALM and profitability solutions – preferred. Work Environment: Climate controlled office environment. Work involves being able to concentrate on the matter at hand, under sometimes distracting work conditions and frequent interruptions during the day. Work requires regular attendance, punctuality and adherence to agreed-upon schedule(s) with willingness to work a flexible and/or extended hours, as needed. Physical Demands: Work may involve the constant use of computer screens, reading of reports, and sitting throughout the day. Ability to operate a computer keyboard, multi-line telephone, photocopier, scanner and facsimile which often requires dexterity of hands and fingers with repetitive wrist and hand motion. Typically sitting at a desk or table; intermittently standing, stooping, bending at the waist, kneeling or crouching to file materials. Occasional lifting and/or moving up to 10 lbs. (files, boxes, etc.) The above statements are intended to describe the general nature and level of work being performed and are not an exclusive list of all qualifications for this position. At Heritage Bank, we work hard, but also know how important it is to take time off to stay healthy, relax, and spend time doing what makes your heart happy! As part of our team, you’ll enjoy a total rewards package, which includes base salary based on the role, experience, and skill set, along with an exceptional benefits package (medical, dental, vision, life insurance, 401(k), community volunteer time), and generous time off policy. Full-time team members receive a minimum of 10 paid vacation days annually* and eight hours of paid sick leave per month*, while also enjoying 11 paid holidays each calendar year, and an annual float day. Heritage Bank is an Equal Opportunity Employer Salary Range Disclaimer The base salary range represents Heritage Bank’s current salary range for the position. Actual salaries will vary depending on factors including, but not limited to, qualifications, experience, and job performance. The range listed is just one component of Heritage Bank’s total compensation package for full-time and part-time employees. Depending on position, other total compensation rewards may include monthly, quarterly or annual incentive, and/or bonuses. *mon
