COLUMBUS - Northwest Bank, a prominent financial institution headquartered in Columbus, Ohio, has announced the appointment of Joseph Canfield as its new Chief Accounting Officer. Canfield will assume his new role at the bank on Tuesday, August 6, 2024.
Canfield, with a robust background spanning over 25 years, has a proven track record in finance and operations across multiple sectors including banking, manufacturing, and technology. Prior to this appointment, he held the position of Senior Vice President and Director of Accounting Operations at Huntington National Bank and served as Treasurer for the Huntington Foundation. His earlier career includes a significant tenure at PricewaterhouseCoopers LLC, where he was a Senior Manager in the Audit practice.
In his new role at Northwest Bank, Canfield will be responsible for managing the accounting operations, the Sarbanes-Oxley (SOX) program, external reporting, and accounts payable. Additionally, he will be tasked with spearheading the transformation of the bank's Accounting Department, integrating new accounting systems to enhance automation and utilizing business data for more insightful and timely analysis.
Doug Schosser, Chief Financial Officer of Northwest Bank, expressed confidence in Canfield's leadership and expertise, emphasizing that his appointment is crucial for the bank's ongoing efforts to modernize accounting practices and technology. Schosser also highlighted the importance of Canfield's role in supporting Northwest Bank's growth and success, benefiting employees, customers, and shareholders alike.
Canfield is a certified public accountant and boasts an impressive educational background, including a degree from Miami University in Oxford, Ohio, and executive education from the University of Pennsylvania's Wharton Leadership Program and the ABA Stonier School of Banking.
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