The Financial Analyst is responsible for providing support in the key areas of Finance: forecasting, asset liability management, liquidity management, and investments. This individual will maintain and create reports related to these areas. They will conduct analysis in these areas and in other areas with support of management. The Financial Analyst will communicate and interface with all levels of credit union personnel including members of the Asset Liability Committee (ALCO) and leadership. The individual will possess good data analysis and extraction skills combined with communication and organizational skills.
Duties and Responsibilities
Assumes responsibility for the effective performance of the Financial Analyst functions:
Assists in the preparation and analysis of regular reporting, ad-hoc requests, and other tasks related to budget variance, asset liability management, investments, liquidity, profitability, and forecasting
Performs various duties related to the credit unions investments and secondary funding sources including settlement, safekeeping, and pledging
Provides support in the annual budget process in forecasting, gathering data, providing information to, and translating information from departments
Updates, maintains, and extracts data from forecasting and budgeting software (PROFITstar or like software) and profitability software (PROFITability or like software) with the assistance of senior finance associates
Prepares various exam and audit materials as directed
Learns and utilizes auxiliary systems and third-party resources to access data, including but not limited to lending, payroll, and financial systems
Works with cross-functional teams as directed by Finance leaders
Assumes responsibility for establishing and maintaining effective communication and coordination with area personnel and management:
Assists and supports Credit Union personnel as needed
Keeps management informed of area activities and of any significant problems
Attends and participates in meetings as required
Assumes responsibility for maintaining effective business relations with vendors and other trade professionals:
Maintains and conveys the Credit Union’s professional reputation
Aids and acts as the Credit Union’s representative as needed.
Assumes responsibility for related duties as required and assigned by Finance leaders:
Stays informed of trends and changes in the finance field
Completes special projects as assigned
Serves as a financial resource for management
Performs all duties in a manner that is fully compliant with applicable industry regulations as well as KEMBA policy and procedures
Develops an understanding of Credit Union history, philosophy, organization, policies, and operational procedures
On a self-direct basis, continues to improve individual level of competency through training and certification on established educational programs
Relates to others beyond giving and receiving instructions:
Communicates with coworkers or peers without exhibiting behavioral extremes
Performs work activities requiring negotiating, instructing, supervising, persuading, or speaking with others
Responds appropriately to feedback from supervisor
Performs other duties as required by management
Required Qualifications
Undergraduate degree in Accounting, Finance or related education and experience
At least 1 year of related experience in banking, finance, insurance, accounting, or related
Strong Excel and other Microsoft Office Suite software skills
Solid organizational and analytical skills
Good written and oral communication skills
Strong sense of priority, attention to detail, time management, and high degree of accuracy
Ability to work in a fast-paced, deadline driven environment
Experience with SQL or other programming languages; preferred
Physical Demands
The physical demands listed below represent those necessary to perform the essential functions of this role. Reasonable accommodation may be provided to enable individuals with disabilities to perform these functions.
The employee is regularly required to sit, use their hands, reach with arms, and communicate verbally and orally. Occasional standing, walking, and lifting of objects up to 25 pounds are required. Vision requirements include close, distance vision, and focus adjustment.
Equal employment opportunity, including veterans and individuals with disabilities.
