CHIEF FINANCIAL OFFICER (CFO) POSITION SUMMARY Exceeding $94 million in assets, located in Monticello, Mississippi, Ferguson Federal Credit Union is currently seeking a financial executive to fill the role of Chief Financial Officer (CFO). Reporting directly to the President/CEO, this individual will manage the accounting and finance functional areas of the credit union, as well as oversee the compliance and payment solutions (collections) departments.
Responsibilities will include managing general accounting, financial reporting, investments, asset liability management, and budgeting. Additionally, this individual will oversee auditing activities and ACH operations. A Bachelor’s degree in Finance, Accounting, or a related field plus a minimum of 10 years of experience in asset/liability management (ALM), financial planning and analysis, balance sheet management, and credit and/or treasury management functions within a financial institution is required, or an equivalent mix of education and work experience. A Master’s degree or a CFA/FRM designation is desired.
COMPANY DETAIL Ferguson was chartered in 1968 and operated in a small vacant office of St. Regis Corporation with the purpose of offering financial services to the employees of the lumber mill in Monticello. As we grew, we established a branch close to the mill and increased our membership by serving Miles Lumber Companies. Today, we serve 12 counties in Southwest Mississippi and have been recognized as one of the fastest-growing credit unions in the State. In keeping with the global credit union mission of “people helping people”, Ferguson offers the highest quality products and services, lowest fees, competitive interest rates, and the most personalized service in our area. Though we continue to grow and push the boundaries set by traditional financial institutions, we are dedicated to maintaining our hometown atmosphere and attitude. Being a part of Ferguson is more than just having a savings account or a loan; it is being a part of a truly great community organization, sharing a common goal with employees and fellow members, and contributing to a healthy cooperative. You may recommend others for candidacy by contacting Mallory Yates, Director of HR & Staff Development at (601) 806-3328, extension 9928 or email HR@fergusonfcu.org or myates@fergusonfcu.org.