Chief Financial Officer (CFO)
Location: Painesville, OH| Reports to: CEO | Executive Leadership Team
Lead with Purpose. Drive Financial Strength. Shape the Future of Member-Owned Banking.
LCE Federal Credit Union is a forward-thinking, member-owned financial institution committed to improving the financial well-being of our members and communities. We are seeking a strategic, visionary, and values-driven Chief Financial Officer to help lead our next phase of growth, innovation, and operational excellence.
This is more than a finance role—it’s an opportunity to be a trusted executive partner, steward our financial health, and play a pivotal role in shaping the future of a mission-driven organization.
The Opportunity
We’re looking for a CFO who brings both expertise and heart to help guide our next chapter.
LCE Federal Credit Union is seeking a strategic, knowledgeable, and forward-thinking Chief Financial Officer (CFO) to lead all financial operations of the credit union. As a key member of the Leadership Team, the CFO will oversee accounting, financial reporting, budgeting, forecasting, regulatory compliance, and internal controls—while helping guide the credit union’s growth and long-term financial stability.
What You’ll Do
- Provide strategic financial guidance to the CEO, Board of Directors, and leadership team.
- Lead all financial operations including budgeting, forecasting, reporting, and analysis.
- Prepare monthly, quarterly, and annual financial statements.
- Develop and maintain financial policies, procedures, and strong internal controls.
- Ensure accurate and timely compliance with federal, state, and local regulatory requirements.
- Serve as primary contact for auditors, examiners, and the Supervisory Committee.
- Act as the designated Compliance Officer and BSA Officer.
- Updates and maintains all credit union policies.
- Manage cash flow, asset/liability structure, investments, and insurance programs.
- Oversee internal audit functions such as cash counts, drawer audits, and loan reviews.
- Provide financial insight to LCE’s strategic planning and operational decision-making.
- Participate in vendor evaluation and capital purchasing decisions.
- Lead and mentor accounting and finance team members.
What We’re Looking For
- Bachelor’s degree in accounting, finance, or related field or CPA, CMA, or other accounting certification preferred.
- Minimum 1 year of experience leading a finance or accounting team (CFO or Controller experience preferred).
- Strong knowledge of accrual accounting and financial statement preparation.
- Excellent communication, analytical, and decision-making skills.
Why Join LCE Federal Credit Union
- Competitive executive compensation: $75,000-$90,000/Yr (Offer based on experience)
- Medical, dental, vision insurance
- Paid Time Off
- 401(k) with company contribution
- ST/LT Disability
- Make a meaningful impact in a member-owned, mission-driven organization
- Join a collaborative executive team that values innovation and leadership
- Opportunity to shape the future of a trusted community financial institution
- Schedule: Hours are Monday - Thursday 8:00 a.m. to 4:45 p.m. and Friday 8:45 a.m. to 5:45 p.m.
- Must be available for Board Meetings after hours 1x per month.
Ready to Lead with Purpose?
If you’re a strategic financial leader who thrives in a mission-driven environment and wants to make a lasting impact, we invite you to apply.
\LCE Federal Credit Union was chartered in July of 1960 as a not-for-profit organization in Painesville, Ohio. It was established to serve the employees of Lake County and their immediate family members. The credit union originally had one employee and served less than one hundred members. Over the last 65+ years we have consistently added new membership groups, and now LCE serves all of Lake, Ashtabula and Geauga Counties! We currently serve over 5,000 members. We are solely owned and operated by our members, under the direction of a voluntary, nine-member Board of Directors. We are your Local Community Experts!
Credit unions, like other financial institutions, are closely regulated and operate in a very prudent manner. The National Credit Union Share Insurance Fund (NCUSIF), administered by the National Credit Union Administration, an agency of the federal government, insures deposits of credit union members at more than 9,000 federal and state-chartered credit unions nationwide. Deposits are insured up to $250,000.\
Pay: $75000.00 - $90000.00 / hour
Benefits:
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Vision insurance
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Dental insurance
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Health insurance
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Paid time off
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401(k)
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Other
Job Type: fulltime
Schedule:
Education: Bachelor's degree
Work location: On-site
