Director, Finance

About Us

Kitsap Credit Union is a not-for-profit, member-owned financial cooperative with more than 300 employees and 14 branches throughout Western Washington. We have a passion for making a positive difference. As a $2 + billion-asset credit union, we are deeply committed to our members’ financial wellbeing and the prosperity and quality of life in the communities we serve. We are proud to be led by individuals with the experience and skills to drive our organization towards our goals for strategic growth and operational excellence. Our KCU Cares Foundation program focuses on providing resources and support for those struggling with homelessness or hunger and improving the financial well-being of the people in our communities. And beyond monetary efforts, we have provided thousands of hours in staff volunteerism and in-kind support.

At Kitsap Credit Union, our success is built on trust-based relationships and personalized service. We understand our employees are key to our success. They provide the personalized service to our members and contribute to the communities where we live. We are committed to providing a supportive, mission-driven, and inclusive culture where employees can grow their careers. To learn more, visit kitsapcu.org.

About the Role

Kitsap Credit Union is searching for a Director of Finance. The Director of Finance is responsible for ensuring integrity and credibility of the business plan development that includes loan, deposit, and liquidity quarterly and annual forecasts and the development of the financial contingency plans. This position will ensure asset/liability management, balance sheet and liquidity strategy development, investment portfolio analysis and management, budgeting, product and responsibility center reporting, and deposit and loan pricing models. The position actively participates in all functions of planning, controlling, and overseeing the credit union’s finance reporting systems to support KCU’s financial management decision-making and contributing to improvement in Operational Excellence.

Quick Facts

Reports to: VP, Finance

Employment Type: Exempt, Hybrid, Salaried, Full-time  

Salary Range: $150,000 - $170,000 depending on experience  

Bonus Target: 12% potential incentive of base pay 

Grade: 15BC  

Industry: Banking

Principal Accountabilities

• Perform financial forecasting and budgeting, which includes projecting the Balance Sheet and Income Statement, reporting on results, and monitoring operating metrics and trends.


• Report on actual to budget performance and prepare reporting for Management and Board of Directors review.


• Contributes to improvements to the overall budget and forecasting process. Owns components of the annual financial plan and underlying budget for the credit union.


• Analyze costs, activities, operations, and forecasts data to determine departmental progress towards stated goals.


• Oversee the preparation of financial reports to include reviews, analysis, and interpretations.


• Establishes projects and goals for each area of responsibility and tracks performance.


• Contribute to the development and execution of balance sheet and liquidity strategies.


• Prepare/contribute to asset/liability and finance committee materials.


• Contribute to the preparation, maintenance, and execution of an investment strategy that aligns with the overall balance sheet and liquidity strategies.


• Contribute to or own other ad hoc analysis as needed including mergers and acquisitions, etc.


• Work closely with our external vendor to prepare the quarterly interest rate risk update used to evaluate interest rate risk exposure and alternative strategies when necessary. Provide data, update key assumptions, and review and create presentations of the results.


• Manage large confidential data sets involving deposit and loan data for statistical analysis.


• Analyze various revenue and balance sheet strategies in partnership with business leads and present meaningful results to Management for consideration.


• Develop and maintain pricing models for loan and share products.


• Coordinate the preparation of the annual operating budget for non-interest income and expense in conjunction with department leads and other Finance personnel.


• Perform Credit Risk Management (CRM) analysis, including analysis of the qualitative factors affecting the Allowance for Loan Loss (ALLL) reserves and a quarterly economic report to Management explaining the results.


• Provide information and support, as requested, during regulatory examinations and financial audits.


• Perform financial analysis calculating estimated return on investments for requested strategic projects. Calculate actual return on investment for select strategic projects one year after implementation.


• Collaborate with leaders across the organization; lead initiatives to improve business processes and drive efficiency.

Required Skills and Abilities

• Strong, innovative analytical skills.


• Proficient with Microsoft Office Suite software.


• Ability to learn and establish cross-functional credibility quickly.


• Excellent verbal and written communication skills to all levels of an organization.


• Ability to influence without direct authority.


• Comfortable working in fast paced, demanding environments.


• Excellent organizational skills and attention to detail.


• Excellent time management skills with a proven ability to meet deadlines.


• Ability to provide unbiased, objective, and impartial recommendations or decisions.


• Demonstrate a high level of engagement and active collaboration contributing to a positive team environment.


• Understand, model, and represent KCU’s core values.

Required Qualifications and Education

• Bachelor's Degree in Finance, Business Administration, Economics, or related field, or equivalent experience.


• 8+ years of related work experience.

Preferred Qualifications and Education

• CPA strongly preferred.


• Experience in a bank or credit union.

Supervisory Status 

This position supervises others and is responsible for being results oriented, collaborative, delegate effectively, and embrace the organization’s core values, ensuring team effectiveness.

Working Conditions

This position will be required to work in an office environment with moderate noise levels, and, with or without reasonable accommodation is required: 

• Must be able to remain in a stationary position for a minimum of 75% of the time.


• Constantly operates a computer and other office productivity machines.


• The person in this position frequently communicates with peers, supervisors, vendors, and employees to exchange accurate information and answer questions.


• Works in an indoor office environment but expected to attend meetings in buildings that require travel in outdoor weather conditions.

Our Values

Integrity: We believe in acting with honesty, trust, and respect which are at the forefront of our daily engagement.

Responsibility: We believe that responsibility is holding ourselves accountable for our decisions, actions, and their outcomes.

Collaboration: We believe in the power of a diverse group of people working together to achieve a united outcome.

Authenticity: We believe activities in actions that demonstrate our commitment to be transparent, dependable, and genuine in every day.

What We Offer

Not only are we one of the largest credit unions in Washington State, and growing, but we are also a company that cares about its employees. We back that up for our employees by offering competitive pay and a benefits package that helps support you and your family’s lifestyle. We value our employees, and we strive to keep our benefits comprehensive and affordable. Some of our benefits include:

Careers | Kitsap Credit Union (kitsapcu.org)

• Free onsite parking


• Annual time off and sick time accrued


• 11 paid holidays


• 1 Personal Floating day


• Medical, Dental, Vision, Short- and Long-term Disability, Life and AD&D Insurance


• Employee Assistance Program


• Choose from a PPO medical plan or a High Deductible with a Health Savings Account


• 3% KCU funded Safe Harbor Contribution to your 401K


• KCU will match up to 2% of your 401K contributions


• All 401K contributions are 100% vested


• Potential annual incentive in all roles within Kitsap Credit Union


• Tuition reimbursement


• 8 hours of paid volunteer time off


• Discounts on KCU's products and services


• Enjoy unlimited ORCA transit access through KCU for less than $45 a year—your cost as an employee

We believe in the power of belonging – it’s in our DNA as a not-for-profit, member-owned cooperative. Our un-bank-like structure ensures that we remain all about people: our members, our employees, and the people in the communities where we live and work. We work hard to provide a collaborative and inclusive environment where you can grow and excel in your career.  

We are dedicated to serving our members by providing personalized experiences, convenient access, and highly competitive products and services. But it goes much deeper than that. For more than 86 years, we have been relentless about making a positive difference in our communities. We understand that when our members and communities succeed, we all succeed, and that success can’t happen without great employees.

****** Employment is contingent upon satisfactory background check.  Kitsap Credit Union is an Equal Opportunity Employer. All qualified applicants for employment will receive consideration without regard to sex, marital status, race, color, religion, national origin, age, veteran status, disability, genetic information, or any other protected status. ****** 

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