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Senior Financial Analyst
Job Description
Our client is seeking a Senior Financial Analyst for a contract opportunity. The Senior Financial Analyst will be responsible for developing, executing, and documenting complex financial analyses, this role requires knowledge and competency in financial and accounting principles, as well as proficiency in computerized applications. Utilizing tools such as SQL, Power BI, and Excel, the Senior Financial Analyst prepares analytical summaries and offers recommendations to aid managerial decision-making. The role encompasses financial planning, analysis, and reporting, including reviewing operating results, assisting with monthly financial closing activities, and preparing financial models. The Senior Financial Analyst also conducts ad hoc analyses and creates presentations to support budgeting and forecasting cycles. Working independently with broad discretion on varied and intricate assignments, the Senior Financial Analyst provides leadership in workflow and information management.
ESSENTIAL FUNCTIONS:
Department Operations
REQUIREMENTS:
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ESSENTIAL FUNCTIONS:
Department Operations
- Assist the VP/Finance and Assistant Manager, Finance in achieving established departmental goals.
- Plan and conduct in-depth analyses on a variety of comprehensive complex financial issues and prepare result summaries and recommendations.
- Financial Reporting – utilizing SQL and Power BI, ensure all department reporting is developed in an automated and sustainable manner.
- Financial Modeling – responsible for the development and maintenance of advanced financial modeling in support of senior leadership initiatives; analyze the impact of various business strategies.
- Support project efforts, testing and quality assurance.
- Confidently build relationships and work independently with third party vendors and external contacts.
- Identify areas of process improvement and initiate action towards implementation.
- Profitability Analysis - support the development and maintenance of Member, branch and product cost tracking and profitability analysis system, and analysis/reporting schedules.
- Act as point person for new data requests; collaborate with the IT department in development and maintenance of enterprise level datasets with direction from Assistant Manager, Finance.
- Serve as a resource to management and staff to assist in better understanding of financial results and measurement systems; respond to approved report and analysis requests.
- Serve as back-up to Financial Analyst(s) for Peer Benchmarking analysis.
REQUIREMENTS:
- The ideal candidate has a combination of education and experience equivalent to a bachelor’s degree in accounting, finance, or related field
- 5+ years of professional financial analysis experience.
- Experience in depository financial institution processes and procedures or similar experience is preferred.
- Strong knowledge of accounting and financial statement analysis.
- Ability to operate a PC with advanced knowledge and proficiency of various software programs including SQL, Excel, Word, PowerPoint, and Databases.
- Technically proficient in Power BI report development and governance.
- Experience with depository financial institution financial modeling and forecasting and analysis of line of business profitability is preferred.
- Excellent critical thinking skills with the ability to view business operations and financials through a risk-oriented mindset.
- Ability to proactively prioritize goals, expectations, and deadlines.
- Ability to organize workflow efficiently, self-direct personal training needs and utilize available resources.
- Ability to perform complex analysis, draw logical conclusions and make recommendations when needed.
- Excellent written and verbal communication skills.
- Ability to act independently and confidently with little or no supervision.
- Ability to distinguish and manage confidential information, materials, and conversations.
- Ability to establish and maintain effective working relationships in a diverse environment, including working with team members and management from other departments.
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Job Requirements
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