Financial Analyst

JOB REQUIREMENTS: Position Summary: Reporting to the SVP -Accounting &
Finance, the responsibilities in this role will include a variety of
tasks that are daily, monthly, and quarterly with the most demanding
being the tasks surrounding month end close and budgeting. There is an
emphasis on being able to refine and analyze data from various sources
and verify its accuracy through the use of multiple programs. Advanced
skills in excel are required for success in this role. The Financial
Analyst Supports financial decision-making information by collecting,
analyzing, investigating, and reporting financial data. Improves
operational efficiencies by recommending process improvements and
quality controls. Principal Duties and Responsibilities: Assist with
annual audit and regulatory examination by gathering requesting items,
preparing schedules, and assisting with questions and requests during
the engagement. Assist with completing reports for the quarterly NCUA
5300 (call) report. Maintain knowledge of finance and accounting
functions in the credit union, provide support to all areas of the
credit union. Prepare monthly yield and variance reports for management,
research, and work with departments to identify variance causes.
Reconciles financial data between systems and models to ensure
consistent, detailed and summary reporting to be provided to management,
ALCO, and other end-users. Monitors and measures risk in accordance with
the metrics outlined in WCCUs policies: Asset-Liability Management;
Concentration Risk; Investment; Liquidity Management Evaluates budget
and what-if scenarios versus historical data, performs other budgeting
duties as assigned. Performs profitability analyses and develops pricing
models to ensure product offerings are appropriately priced. Ensures
Budget, 3rd party ALM Model, Profitability Model, and Loan Analytics
Model data is reconciled and uploaded. Accurately prepares reports for
monthly ALCO and Board meetings. Serves as a Finance Liaison to other
departments as it relates to other functions and projects. Prepare,
review, and distribute financial and management reports on a weekly,
monthly, and quarterly basis. Assist with month-end closing process,
including the monthly financial statements. Develop and foster internal
business partnerships to help departments measure results and maximize
value. Make recommendations to management based on analyzing results,
monitoring variances, and identifying trends. Develop and track key
performance metrics against the companys strategic objectives. Assists
with the analysis and management of data related resources (such as VE
Loan Analytics, VISA Analytics Platform, etc.) Validate and maintain
information between source system and management reporting systems. Work
collaboratively with other team members to achieve departmental and
corporate goals. Take ownership for change and identify process
improvements where needed. Assist with the annual budget process for the
organization, document, and update model assumptions, and assist with
reporting and meeting preparations. Responsible for various internal and
external reporting including accurate preparation in accordance with
Generally Accepted Accounting Principles (GAAP) and/or regulatory
standards. Complete financial analysis on products, services,
operations. Provide written synopsis of results including opinion and
recommending actions to management. Creates, organizes, and maintains
files using database and spreadsheet programs; retrieves and organizes
data into required reporting formats; collects, retrieves, and organizes
data to identify financial discrepancies and resolves management
inquires; recommends solutions to staff ensuring that corrections or
changes are implemented properly. OTHER EXPERIENCE AND
QUALIFICATIONS: A minimum of three years of Accounting/Finance
experience in a financial, credit union, or banking industry is
required. 2 years of experience of effective uses of databases
(Tableau, Power BI, or Oracle) using user interface and/or coding
languages (e.g., SQL or DAX) to query relevant data. Ability to work in
high production environment and respond quickly and effectively under
pressure, changing priorities and tight timelines/deadlines. Ability to
lead within a team environment to make rational timely decisions with
accountability. High degree of accuracy, attention to detail, integrity,
work ethic, and willingness to learn. Ability to learn new software
products and think creatively to find new solutions/efficiencies.
APPLICATION INSTRUCTIONS: Apply Online:
https://recruiting.paylocity.com/recruiting/jobs/All/b9944418-e383-4000-853f-3d5b60a36394/Westby-Coop-Credit-Union