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St. Dominic Credit Union Limited

Finance Manager (Maternity Cover – Fixed Term 12 months)

This is an excellent opportunity for a highly motivated accountant to lead and manage the finance function in St. Dominic Credit Union Limited.

St. Dominic Credit Union is a €124 million asset organisation with a progressive outlook and strong people focused culture. We are looking for a person who shares our values, is passionate about making a difference and building success for the future.

LOCATION:   (Hybrid option available) St. Dominic Credit Union Limited Summerhill Waterford or such other location within the common bond, including sub-offices as may be determined from time to time by the CEO or Board of Directors.
REPORTING TO:     Chief Executive Officer

Principal Responsibilities 

Financial Strategies
  • Contribute financial and accounting information, analysis, and recommendations to strategic thinking and direction and business cases for new projects and products.

  • Develop financial strategic projections, forecast requirements, monitor budgets and action plans.

  • Report performance measures that support the strategic direction and assist in the monitoring and continuous improvement of every area of the credit unions operations e.g. key ratios, income analysis, product/loan analysis, cost analysis, productivity and performance, etc.

  • Administration of a large investment portfolio and ensuring regulatory and internal policy compliance regarding investments.

  • Manage liquidity to meet the credit union daily requirements.

  • Analyse and recommend to the CEO and finance committee on maximising the return on invested funds by identifying investment opportunities and maintaining relationships within the investment community. 

Financial Information & Reporting
  • Manage the reporting of financial information for every area of the business to aid decision-making

  • Monitor and report the monthly financial status of the credit union by developing forecasts, reporting results, analysing variances and developing improvements.

  • Report financial and credit control results to the senior management team, CEO, committees and the Board.

  • Production of annual projections, monthly management accounts with supporting schedules, prior year and variance reporting.

  • Oversee payroll, the accounts and bookkeeping function, the cash function, end of day procedures to include daily office balancing, all reconciliations and the electronic member payments function.

  • Liaise with other third parties, including investment advisors, banks, internal and external auditors in relation to the credit union’s finance and credit control function.

  • Co-ordinate & facilitate the statutory interim & annual audit with external auditors.

  • Responsible for the preparation of operational, regulatory and financial returns to third parties to include the Central Bank, ILCU, and Revenue.

The Requirements

The successful candidate will:

  • Be a qualified accountant with at least 5 years post-qualification experience in a financial management role preferably in the credit union, the financial services or regulated sectors. May also have experience in auditing in the credit union sector, experience in a financial management role in financial services or a similar role in a regulated entity.

  • Have excellent skills and experience in financial planning and strategy, forecasting, reporting and presentation of financial information, budgeting, managing profitability, promoting process improvement, meeting regulatory requirements, preparation of monthly and statutory accounts, and IT systems from a financial perspective. Advanced knowledge of excel is required.

  • Have significant experience in partnering with a CEO and an executive team, and in supporting and enabling the executive team to identify, develop, and implement transformative strategies and changes in their areas of operations to deliver on the goals and objectives of the organisation and to adapt quickly and successfully to opportunities, threats and challenges.

  • Act as a role model leader demonstrating the highest standards of professionalism, behaviour, ethical management, integrity and honesty. 

To apply please email plawlor@stdominicscu.ie with a cover outlining your suitability for the role and an up to date CV by 21st May 2022.

St. Dominic Credit Union Limited is an equal opportunities employer