Financial Analyst I

VyStar Credit Union is a financial services organization seeking a Financial Analyst I to support its Financial Planning & Analysis function. The role assists with budgeting, forecasting, profitability analysis, financial reporting, data validation, process automation, and regulatory examination requirements.

What you'll do:

• Assists and performs duties with the budget cycle, formally known as the Annual Operating Plan (AOP) process:
• Interacts with key stakeholders and business units to derive key inputs, etc
• Assists with and helps produce the AOP package including financial statements, ratios, analysis, etc
• Assists in supporting decision-making regarding capital expenditures including branch pro-forma analysis
• Pursues tactics for streamlining and automating AOP process to reduce operational risks
• Assists in maintaining a rolling corporate forecast for non-interest income and non-interest expense to be included in the ALM model
• Assists in business planning cycle, including but not limited to forecasting, and validating expected ROI, capital expenditure and challenging assumptions
• Assists in automation of data gathering, reports and presentations to include financial statements, variance reporting, ratios, slides and other analysis
• Performs and maintains historic and forecasted profitability processes
• Conducts organizational, product, channel, and member-level profitability analysis
• Maintains Key Metric and Key Ratio analyses such as Net Worth Ratio, Net Interest Margin, Return on Assets, etc
• Assists in researching and seeking improvements to profitability process and systems, including enhancements such as liquidity-adjusted Funds Transfer Pricing

What they're looking for:

• Avid and positive team player that works well across multi-disciplined organization
• Strong communication skills including presentation, interpersonal and writing skills
• Strong analytical capabilities with strong knowledge of accounting and financial statements are essential
• Knowledge of bank / credit union budgeting and planning practices
• Superior skills in Word, Excel and PowerPoint
• Ability to work with both finance and non-finance professionals
• Ability to work independently and is a self-starter
• Exhibits flexibility and willingness to take on new responsibilities and assignments
• Bachelor's degree in finance, Accounting, Economics, or related area
• 0-3 years of bank or credit union related experience
• Knowledge of Planning Software, preferably Workday Adaptive Planning/Workday Financials or other similar models
• Knowledge of profitability software, preferably Empyrean Profitability Model or other similar models

Benefits:

• 401(k) Plan
• Extensive paid technical and on-the-job training program
• Tuition reimbursement, available to all full and part time employees
• Hybrid work arrangement