Company Description The Honesdale National Bank (HNB), founded in 1836, is the oldest locally owned community bank headquartered in Northeastern Pennsylvania, with offices across Wayne, Pike, Susquehanna, Lackawanna, and Luzerne counties. HNB provides full-service personal and business banking, including loans, mortgages, equipment leasing, safe deposit boxes, and trust and financial services based at the Corporate Center in Honesdale. The bank offers convenient access through 24-hour telephone banking, free online banking, and online bill pay, supported by secure practices that never request sensitive information via social media or unaffiliated links. As a Member FDIC, Equal Housing Lender, and Equal Opportunity Lender, HNB is committed to responsible, community-focused financial services. Additional information on locations and hours is available at www.hnbbank.bank.
POSITION SUMMARY
The Chief Financial Officer (CFO) serves as a key member of the Executive Leadership Team and is responsible for the overall financial management of the Bank. This role provides strategic direction, ensures financial strength and regulatory compliance, oversees accounting and finance operations, and supports long‑term organizational planning. The CFO leads capital planning, asset/liability management, budgeting, financial reporting, and profitability analysis to ensure the Bank’s continued safety, soundness, and growth.
ESSENTIAL FUNCTIONS AND DUTIES
Financial Strategy & Leadership
- Lead the Bank’s financial strategy, forecasting, and long‑term planning.
- Provide financial insight and recommendations to the CEO and Board of Directors.
- Oversee capital planning, liquidity management, and balance sheet optimization.
- Serve as a strategic partner in evaluating new products, markets, and business initiatives.
Financial Operations & Reporting
- Direct all accounting, finance, and treasury functions.
- Ensure timely and accurate financial statements in accordance with GAAP and regulatory standards.
- Oversee budgeting, variance analysis, and financial performance dashboards.
- Oversee internal controls, financial audits, and external audit relationships.
Regulatory & Risk Management
- Lead ALCO and collaborate closely with Risk, Compliance, and Internal Audit.
- Ensure compliance with all banking regulations, including FDIC, OCC/PA Department of Banking, and Federal Reserve requirements.
- Oversee interest rate risk modeling, liquidity stress testing, and capital adequacy assessments.
- Maintain strong governance practices and support enterprise risk management.
Treasury & Asset/Liability Management
- Manage investment portfolio strategy, liquidity positions, and funding sources.
- Oversee interest rate risk analytics, deposit pricing strategy, and balance sheet performance.
- Evaluate and optimize loan/deposit mix, cost of funds, and margin performance.
Leadership & Collaboration
- Lead, mentor, and develop the Finance and Accounting teams.
- Partner with Lending, Retail, Operations, and Technology to support organizational goals.
- Present financial results and strategic insights to the Board of Directors.
- Foster a culture of accuracy, accountability, and continuous improvement.
EDUCATION AND TRAINING
· Bachelor’s degree in accounting, finance, or a related field required.
· CPA, MBA, or equivalent advanced financial credential strongly preferred.
· Formal training in bank financial management, ALCO, interest rate risk, or regulatory reporting is highly desirable.
· Ongoing professional development in banking regulations, capital planning, liquidity management, and emerging financial technologies expected.
