Financial Planning & Analysis (FP&A) Analyst - #186365

Description

Hours: 8:00 am to 5:00 pm Monday through Friday

Role: The FP&A Analyst is a key member of the Data and Analytics team, responsible for corporate financial planning and analysis, including margin planning, cash flow, liquidity, and capital planning. They also support strategic decision-making by deriving insights from financial and non-financial data to enhance business strategies. The role requires close collaboration with teammates across all levels, including executive leadership, as they contribute to the development and execution of the bank’s comprehensive Data Strategy.

Essential Functions & Responsibilities

• Contribute to the annual budgeting process with a focus on Balance Sheet and NIM margin planning
• Collaborate cross-functionally on budgets, forecasts, and strategic initiatives
• Enhance forecasting capabilities by developing financial models to support strategy
• Prepare monthly projections for review with leadership, assisting with long-term planning
• Manage daily and 90-day cash flow projections and assist with monthly, quarterly, and annual financial reports
• Analyze month-end variances against budgets and identify gaps to recommend cost-saving measures
• Analyze financial data to identify trends, supporting business strategy and financial health
• Support leadership through analytical solutions, financial analysis, and reports
• Perform cost-benefit analysis to recommend and implement cost-saving initiatives
• Summarize and present data insights for management, supporting the financial close process
• Track operational metrics and provide business recommendations based on performance indicators
• Monitor financial performance and analyze unexpected variances
• Develop solutions to improve cross-company margin and cash flow efforts
• Assist in aligning client pricing with financial strategies and improving product pricing decisions
• Automate reporting processes using financial systems and build strong partnerships across business units
  
  

Please note this description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

Requirements

Competencies & Knowledge:

• Proactive in contributing to the team and bank
• Strong business acumen with an understanding of financial and operational functions
• Advanced knowledge in financial modeling, scenario analysis, and business case creation
• Deep understanding of accounting principles and financial statements
• Proficient in designing and maintaining financial models and reports
• Experience with ProfitStar or similar financial reporting software
• Continuous improvement mindset with a high standard of excellence
• Collaborative and team-oriented with a passion for delivering superior service
  
  

Skills & Abilities

• Effective communicator, adept at presenting data to senior management
• Skilled in financial modeling, forecasting, and analysis
• Strong in Excel (macros, v-lookups, pivot tables) and SQL (queries, stored procedures)
• Demonstrated success in driving impact and influencing within an organization
• Hands-on experience with financial systems and tools, including automation
• Skilled in managing data from various sources for reporting and analysis
• Flexible and adaptable, thriving in face-paced environments with competing priorities
  
  

Education

• Bachelor’s degree in Finance, Accounting, Information Systems, or a related field, or equivalent experience required
• Quantitative degrees are an added advantage
  
  

Experience

• 3-5 years of progressive experience in FP&A, accounting, or business analysis
• At least 5 years of increasing responsibility and capability, preferably with banking experience, desired
• Ability to read and interpret financial statements, recommended
  
  

Interpersonal Skills: A high level of trust, diplomacy, courtesy, and tact is essential. The role involves extensive personal interactions, often of a sensitive nature, requiring the ability to empathize and foster strong relationships, particularly during escalations.

Physical Requirements

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to talk or hear. The employee is frequently required to sit, stand, and walk. Some light physical effort required including ability to lift up to 25 pounds.

Travel: Travel is negligible. It is primarily local during the business day, although some local evening and weekend travel may be needed.

Work Environment: This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, copy machines, filing cabinets, and fax machines.

Other

• Applicants must pass a drug screen and background check
• Internal applicants must meet the minimum requirements of their current job and submit a cover letter and resume via the employee portal
  
  

CoreFirst Employment Practices: CoreFirst provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, CoreFirst Bank & Trust complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.