Financial Analyst I

If you are motivated and believe in the credit union philosophy of "People Helping People," join our team!

PURPOSE:

Provide support to the manager and other decision-making roles by collecting and analyzing large amounts of data including the preparation of standard and ad hoc financial reports and analyses for use by key stakeholders.

DIMENSIONS:

This is base level accounting and financial analysis work which requires an

understanding of GAAP and fundamentals of financial analysis and

reporting. 

Some supervisory duties may be present including training and mentoring of

entry level Financial Analysts or Financial Analyst Interns.

DUTIES:

• Application of Generally Accepted Accounting Principles to create monthly, quarterly, and annual financial reports for use by upper management, Board of Directors, and membership.
• Analyzes transactional information and collaborates with other departments to ensure reporting and compliance requirements are met.
• Prepares accruals and monthly amortization schedules to ensure adequate revenue and expense recognition.
• Review and analysis of monthly financial variances, including the identification, and communication of key drivers impacting financial performance.
• Prepares and cross checks annual property tax listings to ensure compliance with county tax regulations. Includes data gathering to support and coordinate requests from external county auditors.
• Heavy involvement in the preparation and cross checking of the NCUA Form 5300 Call Report including the maintenance of adequate supporting documentation. Includes staying abreast of NCUA regulatory reporting changes to maintain organizational compliance.
• Prepare standardized monthly reports for both individual company and consolidated organizational financial performance.
• Prepare and gather reports to meet various regulatory, examiner, and external audit requirements.
• Report and maintain various organizational statistics.
• Assist the manager in design of financial reports to assist with the enhancement of various reporting functionalities.
• Responsible for preparation of various cost allocations and profitability analyses in support of the manager.
• Preparation of various financial reports to support branch network’s visibility of various performance metrics.
• Performs other related duties as required.

REQUIREMENTS:

Must have four-year degree preferably in Accounting, Finance or Business-related field.

CPA licensees and candidates will be given preference.

1-3 years of work experience in related business field required.

Candidates with experience using Workday Financials preferred.

Must have strong analytical and organizational skills.

Strong Excel skills are required.

Must be able to analyze large data sets and grasp complex financial methodologies.

Must be detail-oriented with an ability to perform in a fast-paced, deadline driven environment while requiring little supervision.

Must be able to cooperate and collaborate with co-workers, be cordial in all interactions with members and maintain professionalism.

Must be able to speak English fluently and adhere to the work schedule and attendance policy established by manager.

JOB ENVIRONMENT:

Hybrid remote/office setting – office setting includes physical proximity to other employees.

Some background noise from other employees, copy machine, and telephone.

PHYSICAL DEMANDS:

Must be able to comprehend and carry out verbal and written instructions.

Job requires a substantial amount of sitting.

Use hands and fingers to press keys on a computer keyboard to enter or retrieve information.

Use hands and fingers to press telephone key pad and lift telephone receiver.

Must be able to comprehend phone calls.

Must be able to lift 5 pounds.

SECU provides equal employment opportunity to all qualified persons regardless of race, color, religion, age, sex, sexual orientation, gender identity, national origin, genetic information, disability, veteran status, or other classification protected by law.

Disclaimer

State Employees' Credit Union reserves the right to fill this role at a higher/lower level based on business need.