Financial Analyst I, II, or III (depending on experience)

Job Description

The Financial Analyst I is an entry level position, performing professional analyses in the Finance Department and works under the direction of senior department staff or management. The Financial Analyst II is an experienced level position, performing a strong level of professional analyses in the Finance Department and works under the direction of senior department staff or management. The Financial Analyst III is an advanced level position, performing a high degree of professional analyses in the Finance Department and works under the direction of management. The primary purpose of this position is to perform complex financial analyses, act as a team lead in preparation of the annual budget, Allowance for Loan Loss, monthly variance analysis, peer group reporting, regulatory reporting, and financial reporting for the Board of Directors, Senior Management, Vice Presidents, NCUA, external auditors, and others in the organization. This level III analyst serves as a mentor to developing Financial staff and provides oversight and validation of assigned work as requested by Finance leadership.

Essential Functions

• Oversight and validation of month-end close process, tasks, and reporting using available databases and systems. Analyze key variances to budget by researching supporting documentation and talking to appropriate managers. Review work of other Finance staff for accuracy. Guide other Finance staff on process/ methodology design.
• Serve as a subject matter expert in the organization?s financial data. Develop, produce, and analyze reports using available databases, software, tools, and methodologies. (Axiom, Symitar, Peer-to-Peer, Finance DataMart, Power BI). Apply technical knowledge related to such systems. Develop requested models. Identify and recommend new processes, methods, and/or tools to enhance efficiency and capability.
• Manage the organization?s annual budget process including preparing the budget software, training/directing budgeters, developing projections, and integrating various income/expense components. Develop and administer budgetary policy and procedures. Ensure accuracy of results, and prepare reports for analysis, review, and final presentation.
• Organize the quarterly preparation of the NCUA 5300 Call Report, including gathering and analyzing data, and following with internal departments for clarification as needed. Complete the 990-T for the organization?s tax filing.
• Create and maintain documentation of department procedures, key events, and system revisions.
• Participate in CORE System Release testing and assessments for Finance-related functions.
• Bank Secrecy Act: Remains cognizant of and adheres to Ent policies and procedures, and regulations pertaining to the Bank Secrecy Act.

Qualifications

Minimum Formal Qualifications for the Level I Position

• Bachelor's Degree in Finance, Accounting, Economics, Business Administration, or similar related field with knowledge of financial theory.
• 1+ years' of Finance or Accounting work experience, preferably in a financial institution. (preferred)

Minimum Formal Qualifications for the Level II Position

• Bachelor's Degree in Finance, Accounting, Economics, Business Administration, or similar related field with knowledge of financial theory.
• 2+ years' of Finance or Accounting work experience, preferably in a financial institution to include:
• 1+ years' experience using Finance software systems and databases, and creating complex financial models.
• 1+ years' experience with regulatory filing of the NCUA 5300 Call Report (preferred)

Minimum Formal Qualifications for the Level III Position

• Bachelor's Degree in Finance, Accounting, Economics, Business Administration, or similar related field with knowledge of financial theory.
• Master's Degree in Finance, Accounting, Economics, Business Administration, or similar related field with knowledge of financial theory. preferred
• 4+ years' of Finance or Accounting work experience in a financial institution, preferably in a Credit Union, to include:
• 2+ years' experience using Finance software systems and databases, and creating complex financial models.
• 2+ years' experience with regulatory filing of the NCUA 5300 Call Report. Pref

Each year of relevant work experience may be exchanged for a year in a relevant degree program or vice versa. For example, a requirement of a bachelor's degree in accounting and 2+ years of account experience could be substituted for a high school diploma and 6 years of relevant accounting work experience or a master's degree in accounting and 0 years of work experience.

Technical or Specialized Knowledge/Skills:

• Advanced analytical and problem-solving skills with the ability to understand business and technical functions, process information quickly, and assess impacts on data elements.
• Mastery of financial reporting, including month-end reports and benchmarking.
• Strong command of data analysis techniques and software to include cross-tabular analysis, querying techniques, relational database systems, and relevant mathematical computations.
• Strong knowledge of Microsoft Office and databases. Literacy in the use of personal computer applications is necessary with demonstrated experience learning software systems and databases.
• Technical expertise relating to software systems used by Finance (Axiom, Symitar, Peer-to-Peer, Finance DataMart).
• Ability to manage a high level of detail with absolute accuracy.
• Understanding of Generally Accepted Accounting Principles and their application in a financial institution environment.
• Capability to handle multiple, changing assignments/priorities.
• Strong organizational and customer service skills with effective abilities in written and verbal communication.
• Ability and willingness to provide leadership, technical expertise, and training to other Finance staff.
• Advanced Excel skills, including complex formulas and macros.

Certifications Required:

• None

Environmental, Physical and Psychological Requirements

• Standing - Occasionally
• Walking - Occasionally
• Sitting - Frequently
• Lifting - Rarely (40 Lbs)
• Carrying - Rarely
• Pushing - Rarely
• Pulling - Rarely
• Balancing - Rarely
• Stooping - Rarely
• Kneeling - Rarely
• Crouching - Rarely
• Crawling - Rarely
• Reaching - Occasionally
• Handling - Occasionally
• Grasping - Occasionally
• Feeling - Occasionally
• Talking - Frequently
• Hearing - Frequently
• Repetitive Motions - Frequently
• Eye/Hand/Foot Coordination - Occasionally
• Noises louder than normal speaking volume - Occasionally
• Temperature Changes - Rarely
• Atmospheric Conditions - Rarely

Additional Information

The salary range for the level I position is $51,937.60 to $68,161.60 (S14)

The salary range for the level II position is $61,713.60 to $80,995.20 (S15)

The salary range for the level III position is $73,174.40 to $96,054.40 (S16)

These positions are eligible for our corporate bonus program based on company performance.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities.

Benefits Summary Sheet - 2023

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)