About this opportunity
Solvay Bank lists this VP, Director of Finance opportunity in city of syracuse, New York. Review the employer’s description below for duties, qualifications and application requirements.
Job description
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VP, Director of Finance
Management Syracuse, NY, US
8 days ago Requisition ID: 1572
Salary Range: $150,000.00 To $190,000.00 Annually
At Solvay Bank, our formula for success combines the traditions of our culture and a sharp strategic vision. We are a growth-oriented community bank that fosters excellence, pride, teamwork and engagement in our workplace. Consider an opportunity as part of our finance team.
VP, Director of Finance We are seeking an experienced Director of Finance to lead the financial management, strategy, and planning of the bank. This role oversees budgeting, forecasting, asset/liability management (ALM), revenue growth strategies and regulatory financial reporting, while providing strategic insights to executive leadership. The Director ensures the bank maintains strong financial health, regulatory compliance, and sustainable profitability.
The successful candidate will have a blend of financial strategy, regulatory compliance and strong leadership skills. They will have a graduate degree in Accounting or Finance. A minimum of 15 years’ progressive experience required. Prior financial institution experience and CPA strongly preferred.
For over 109 years Solvay Bank has been dedicated to our customers and community. Join us and enjoy the many rewards; matched 401(k) retirement savings, health and dental coverage, and more.
Internal applications must be submitted by 06/24/2026
Solvay Bank is an EOE/AA/Disability/Veteran
The Director of Finance is responsible for supporting the financial strategy, planning, and performance management of the bank. This role oversees budgeting, forecasting, asset/liability management (ALM), revenue growth strategies and regulatory financial reporting, while providing strategic insights to executive leadership. The Director ensures the bank maintains strong financial health, regulatory compliance, and sustainable profitability.
Key Responsibilities Partner with the CFO, to develop and execute financial strategies aligned with the bank’s growth objectives
Provide actionable insights on profitability, liquidity, capital planning, and balance sheet optimization
Support strategic initiatives including loan growth, deposit strategies, and product pricing
Financial Planning & Analysis (FP&A) Lead the annual budget, multi-year financial plan, and rolling forecasts
Analyze key drivers of bank profitability, including net interest margin (NIM), non-interest income, and expense management
Develop and maintain financial models to support lending, deposit growth, and investment strategies
Prepare and present financial performance reports to executive leadership and the Board of Directors
Asset/Liability Management (ALM) Oversee ALM processes, including interest rate risk analysis and balance sheet positioning
Monitor liquidity, funding strategies, and capital adequacy
Partner with Treasury and ALCO to optimize earnings while managing risk
Utilize ALM models and scenario analysis to inform decision-making and investment strategies
Oversee preparation of accurate and timely financial statements in accordance with GAAP
Ensure integrity of the general ledger and financial reporting systems
Manage month-end, quarter-end, and year-end close processes
Manage oversight of all reserves, Allowance for Credit Losses (ACL) and loan modifications and accounting considerations
Regulatory Reporting & Compliance Ensure timely and accurate completion of all required regulatory filings (e.g., Call Reports)
Oversee all monthly, quarterly and annual financial reporting requirements
Maintain compliance with applicable banking regulations and internal controls
Oversee internal and external audits and regulatory examinations
Stay current on changes in banking regulations and accounting standards
Capital & Liquidity Management Monitor capital ratios and support capital planning strategies
Oversee liquidity management, cash flow forecasting, and funding sources
Provide analysis on dividend strategy, capital deployment and stress testing
Lead and develop the finance and accounting team
Establish clear goals, accountability, and performance expectations
Promote a culture of collaboration, accuracy, and continuous improvement
Process & Systems Optimization Evaluate and enhance financial systems, reporting tools, and data analytics capabilities
Drive automation and efficiency in financial reporting and planning processes
Qualifications Education & Experience
Bachelor’s degree in Finance, Accounting, or related field (MBA preferred)
CPA strongly preferred
15+ years of progressive finance experience, with significant experience in banking or financial services
Demonstrated experience with ALM, regulatory reporting, and bank financial performance management
Deep understanding of banking financial metrics (NIM, ROA, ROE, efficiency ratio)
Strong knowledge of banking regulations, Call Reports, and compliance requirements
Expertise in financial modeling, tax planning, forecasting, and balance sheet analysis
Experience with ALM software and financial reporting systems
Strong leadership, communication, and presentation skills
Ability to translate complex financial data into actionable insights
Preferred Experience
Experience working directly with Asset/Liability Committee (ALCO)
Familiarity with CECL (Current Expected Credit Loss) methodology
Experience in community or regional banking environments
Exposure to loan portfolio analytics and deposit pricing strategies
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Who can apply
Review the original listing for work authorization, qualifications and employer requirements.