Skip Navigation
Madison-Davis, LLC

Chief Financial Officer

  • Dallas, Texas
  • Full Time

Apply for the Chief Financial Officer position

"*" indicates required fields

Max. file size: 10 MB.
Drop files, or upload here
Madison-Davis is committed to protecting and respecting your privacy, and we will only use your personal information to contact you regarding the services you requested from us. Your contact information will not be shared or sold to third parties for marketing purposes. We would like to contact you about our products and services, as well as other content that may be of interest to you; messaging frequency will vary based on hiring needs and opportunities. If you consent to us contacting you for this purpose, please check the box below.
I agree to receive communications from Madison-Davis
You may unsubscribe from these communications at any time by replying STOP. You may also text HELP for more information. Mobile messaging and data rates may apply.
This field is for validation purposes and should be left unchanged.

Title: Chief Financial Officer

Office Status: Hybrid

Salary: $225,000 base $400,000-$500,000 total compensation

A commercial bank in Texas is looking for the Head of Finance/CFO position that will lead and build out their finance function. This person will be reporting into the CEO as well as the board of directors in developing strategy to support the continued growth of this firm.

Responsibilities:
-Oversee financial planning, budgeting, and forecasting processes, ensuring accuracy and alignment with strategic goals.
-Develop and implement financial strategies and policies to support the overall, and unique, business objectives.
-Refine profitability reporting systems to encourage loan and deposit growth consistent with the Bank’s overall profitability objectives.
-Provide financial analysis and recommendations to guide decision-making at the executive and board levels.
-Monitor financial performance, analyze variances, and identify areas of improvement or risk.
-Manage the Allowance for Credit Losses using CECL methodologies.
-Conduct financial analysis and due diligence for potential business opportunities.
-Evaluate the financial viability and risks associated with new projects, markets, or ventures.
-Provide financial insights and guidance on long-term growth strategies, capital allocation, and profitability enhancement.
-Identify, assess, and mitigate financial risks, including market risks, regulatory compliance, and operational risks.
-Implement effective internal controls and financial reporting systems to safeguard assets and ensure compliance with laws and regulations.
-Develop and maintain insurance policies to protect the company’s assets and manage potential liabilities.
-Oversee all required regulatory reporting to assure compliance in the most cost-effective manner and minimize legal liabilities.
-Oversee budget planning, preparation, and administration processes to control operating expenses and achieve the bank’s strategic objectives.

Qualifications:
-CPA is required.
-8 years of accounting experience.
-Previous banking and financial service experience