Sr. Financial Analyst

Department : Finance Reports to SVP / Chief Financial Officer

Interested in this role You can find all the relevant information in the description below.

Employment Status : Full-Time Classification : Exempt

Position Summary

Responsibilities entail the preparation of financial statements, assisting with the annual budget, Modeling of CECL reserves, and Asset Liability Management to include ALCO analytics & reporting.

Maintain data in accounting and finance modeling software. Perform various What-If analysis for senior / executive management.

Assist the Accounting Manager with internal and external audit and exam activities. Provide prompt, accurate, and courteous service to all internal members (co-workers) at all times.

Responsibilities

Prepare monthly financials, ratios, and slides for the board packet.

Upload and maintain monthly financial data in Asset / Liability Management (ALM) software.

Models and / or forecasts the credit union's overall financial performance. Analyzes the forecasted results and makes recommendations to the senior / executive team regarding the credit union's ALM.

Assist with the preparation of the annual budget and quarterly forecast.

Maintain budget data in budget forecasting software.

Research monthly budget variances and provide variance explanations for the balance sheet and income statement.

Perform various What-If scenarios within forecasting software.

Analyzes the credit union's branch profitability, product profitability, and member profitability results.

Prepare / distribute quarterly profitability reports to department managers and senior / executive team.

Produce reports for Asset / Liability Management Committee meetings and Pricing Committee meetings. Participate in, support, and contribute to committee discussions.

Provide data extract files to third-party ALM providers for quarterly reporting.

Model Net Economic Value (NEV) in ALM software.

Works effectively with senior / executive management to develop methods to improve department efficiencies that will ensure financial goals are met

Completes various projects and prepares financial presentations for senior / executive team.

Provide audit and exam support as assigned.

Stays abreast of industry and business issues and understands and applies this knowledge in current activities.

Ensure the financial safety, soundness, and security of the credit union and its membership.

Comply with BSA regulations when performing all job requirements and stay abreast of updates / requirements of BSA / OFAC / CIP through completion of training courses assigned annually by the supervisor and attendance at quarterly all-employee meetings discussing BSA compliance activities.

Other duties as assigned.

Knowledge

Knowledge of Asset / Liability Management, Financial Forecasting, Branch Profitability, Product Profitability, Customer Profitability, and Generally Accepted Accounting Principles.

Knowledge of Jack Henry software (ProfitStar) is preferred.

Knowledge of Credit Union operations is a plus.

Skills

Strong analytical skills

Strong organizational and time management skills.

Attention to detail and accuracy.

Superior computer skills with advanced knowledge in Excel and PowerPoint.

Project management skills for managing long-term projects to timely and successful completion.

Self-motivated individual willing to learn, accept responsibility, and tackle new challenges.

Experience

A minimum of 5 years of finance / forecasting experience with a finance or accounting degree or 10 years of finance / forecasting experience without a degree is required.

Credit union experience is preferred

Abilities

Ability to analyze and interpret information involving numerical calculations.

Ability to effectively and professionally communicate with strong reporting skills in both small and large group settings.

Ability to manage multiple projects and meet firm deadlines.

Ability to multi-task in a fast-paced environment and adjust to changing workflows.

Ability to work under general supervision to accomplish goals.

Education

Bachelors degree or equivalent in Finance / Economics and work.

ADA Requirements

Perform primarily sedentary work with limited physical exertion and occasional lifting of up to 5 lbs. Must be capable of climbing / descending stairs in emergencies.

Must be able to operate routine office equipment including telephone, copier, facsimile, and calculator. Must be able to routinely perform work on a computer for an average of 6-8 hours per day.

Must be able to work extended hours whenever required or requested by management. Must by capable of regular, reliable and timely attendance.

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