VP Finance - Madison, Wis.


The Chief Financial Officer is responsible for providing strategic and day-to-day direction related to the accounting and financial activities of the World Council of Credit Unions including timely and accurate reporting of World Council operations, financial conditions and risks; and for assisting in the design and achievement of World Council's long-term financial and business objectives.


  1. Lead both strategic and day-to-day operations of finance and accounting
    • Direct and participate in the organization's development, implementation and evaluation of strategic financial objectives.
    • Develop short- and long-term financial plans and projections to meet the goals and strategies of the organization.
  2. Fiscal Management
    • Develop and coordinate the preparation and implementation of the organization's operating budget. Periodically review performance indicators and operating results against budget projections. Analyze and report on significant trends and variances. Develop and maintain a system of periodic financial projections to ensure proactive adjustments to budget assumptions.
    • Ensure adequate liquidity while maximizing investment returns, providing for and overseeing the management and security of World Council funds and monitoring long-term solvency.
    • Ensure integrity, accuracy and transparency of finance, accounting, budgeting, and reporting.
    • Integrate all departments to corporate level accounting and reporting.
    • Ensure financial integrity, timeliness and appropriate compliance of foreign accounts and fiscal operations.
    • Oversee control programs and procedures which are consistent with established World Council policies.
    • Assure that World Council management receives timely, accurate and relevant financial statements.
    • Oversee employee retirement plans, including monitoring compliance with applicable laws, employee notifications, tax filings and external audit requirements.
    • Manage the capital improvement budget to ensure compliance with the annual operating budget.
    • Prepare timely and accurate financial reports for management, CEO and the Board of Directors.
  3. Accounting Oversight
    • Oversee accounting department and ensure positive and timely client service to internal departments.
    • Manage preparation of budgets, business plans and financial plans to achieve organizational goals.
    • Integrate organizational budget preparation, monitoring, reporting, forecasting as well as linkage to core areas and strategic goals.
    • Direct and oversee tax, accounting, insurance, banking activities, wires, capital budgets, cash and investment management, purchasing, payroll insurance, risk management and facilities.
    • Manage accounts receivable, collections, accounts payable, payroll and disbursements.
    • Manage and forecast cash flow.
    • Review and monitor payroll processes to ensure timely and accurate payrolls, compliance with employment laws related to payroll, timely and accurate tax deposits, and that appropriate procedures are in place for confidentiality and internal controls.
    • Maintain written accounting policies and procedures.
  4. Donor Related Accounting
    • Participate and collaborate in grant and contract proposal development.
    • Monitor and ensure restricted funding is applied according to donor specified requirements.
    • Prepare, submit and negotiate annual Negotiated Indirect Cost Rate with USAID.
    • Set target and manage annual corporate support.
    • Prepare external financial reporting obligations such as A-133 government grant audit and IRS form 990.
    • Oversee fiscal management of and reporting of grants and contracts as determined by USAID, OM circulars, federal guidelines, FAR, other donor requirements and private donations.
    • Ensure adherence to applicable donor regulations and reporting requirements.
    • Provide information and assistance to donor personnel on financial matters, as needed.
  5. Technology
    • Maintain data management and reporting systems.
    • Train and lead systematic data entry for systematization of accounting processing.
    • Automate entry and duplication of data.
    • Integrate field data entry into headquarters systems.
    • Lead and support IT upgrades to improve financial and accounting efficiencies, risk management.
  6. Compliance
    • Update and maintain financial and accounting policies and procedures.
    • Liaise with and prepare monthly Board and Audit and Risk Management Committee Financial and risk reports.
    • Lead audit preparations and drafts response as appropriate.
    • Liaise with Auditor regarding audit issues.
    • Develop and monitor a system of internal controls to assure that receipts and disbursements are accounted for according to GAAP and donor requirements.
    • Assist in the selection of World Council's audit firm every three years by distributing RFP and preparing recommendations for submission to the Audit and Risk Management Committee.
    • Interface with outside tax preparers for preparation of all tax filing requirements. Prepare necessary documentation for complete and accurate tax returns.
  7. Strategic Support
    • Provide strategic counsel on financial profitability and expense management, business performance and cost allocation.
    • Participate in SMT in development and execution of strategic plans.
    • Support managers with analytical review of revenues and expenses.
    • Advise on short- and long-term financial strategic management.
    • Serve as treasurer on the Board of Directors of WOCCU Services Group (WSG), a for-profit company wholly-owned by World Council.
    • Coordinate and/or direct special projects of analyses as may be assigned by the CEO.
  8. Leadership
    • Communicate effectively with internal and external clients and constituencies.
    • Liaise with internal client departments and support a culture of service of proactive solutions and team support.
    • Serve as a representative for the organization with identified audiences per delegation and consultation with the CEO.
    • Build team relationships across departments.
    • Lead department staff to interface with other department staff in maintaining a positive corporate culture.
    • Represent the organization at meetings, conferences and projects in the area of finance. Maintain effective working relationships with applicable donor personnel, other credit union development organizations, external auditors, attorneys and other parties.


To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to ensure individuals with disabilities to perform the essential functions.

Education and Experience: Bachelor's degree in Accounting or equivalent education and work experience. Minimum of eight years of financial and accounting experience to include development and maintenance of accounting and financial management system, preferably within a public accounting environment. Five years of management and supervisory experience. Knowledge of federal and local payroll rules and regulations and nonprofit taxation. Familiarity with employee retirement plans, including 401(k) and defined benefit plans.

Language Skills: Fluency in English, familiarity with Spanish preferred.

Computer Skills: Excel, Word, PowerPoint, payroll and general ledger accounting software applications.



The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of the job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of the job, the employee may occasionally be exposed to outdoor weather conditions extreme heat and/or cold and working in unusual places. The noise level in the work environment is usually moderate.



The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to sit (occasionally for extended periods of time). The employee is frequently required to talk, hear, reach and stand; rarely required to stoop, kneel, crouch or crawl. The employee must occasionally lift and/or move up to 25 pounds.



Certified Public Accountant



Supervision of Senior Accounting Manager, Staff Accountants, Accounting Assistant and Staff Accountant/Payroll.


Up to 40 days per year; domestic and international.

This list of duties and responsibilities is not intended to be all-inclusive and can be expanded to include other duties or responsibilities that management deems necessary.

Forward resume and cover letter, including salary requirements to:
World Council of Credit Unions
Fax: +1-608-338-0533
EEO AAP Employer