ANALYST

4Front Credit Union • Traverse City, MI

274d

About The Position

The Analyst I position in the Finance department is responsible for completing a wide range of financial analyses, including financial modeling, forecasting, budgeting, and product and branch profitability. The role involves creating and updating data sets, reports, and dashboards using data visualization tools and platforms. The Analyst will complete month-end financial reporting, ratios, and dashboards, and work on financial analysis projects and other special projects as assigned.

Requirements

• Associates's degree in finance, accounting, business, or a related field or commensurate experience preferred.
• Knowledge of financial analyses.
• Experience with financial modeling and visualization programs such as Microsoft Power BI, Tableau, and ProfitStars.
• Strong Excel skills.
• One or more year(s) of relevant experience preferred.
• Excellent problem solving skills.
• Strong technical and analytical skills.
• Able to organize, coordinate, and direct projects.
• Solid oral and written communication abilities.
• Able to use all related hardware and software applications including spreadsheets.
• Able to use 10-key.

Nice To Haves

• Project management experience is a plus.

Responsibilities

• Collect and organize financial data from various sources, including balance sheets, income statements, and transaction records.
• Calculate key financial ratios such as liquidity ratios, leverage ratios, and profitability ratios.
• Analyze historical financial performance to identify trends and potential issues.
• Create graphical representations of data for easy visualization.
• Create, analyze, summarize, and deliver regularly scheduled reports for managerial and executive leadership.
• Compare key financial ratios to groups of credit union peers and visualize findings.
• Gather, compile, and validate loan data necessary for collateralizing existing borrowing lines.
• Analyze and summarize financial statements and key performance indicators for Credit Union Service Organizations.
• Gather, prepare, and validate critical information and financial data necessary for third-party reporting completed by existing vendors.
• Assist in tracking cash flows, including deposits, withdrawals, loan disbursements, and repayments.
• Monitor the availability of liquid assets, such as cash and short-term investments, to meet short-term obligations.
• Prepare liquidity reports to assess the credit union's liquidity position.
• Assist in managing the cash reserve and ensuring compliance with regulatory liquidity requirements.
• Maintain accurate records of financial transactions in electronic databases.
• Assist in preparing documentation required for regulatory compliance, such as liquidity reports.
• Document and summarize the institution's borrowing activities.
• Report current concentrations of callable and long-term securities.
• Compile and visualize financial performance and key ratios in a presentation deliverable.
• Collaborate with the internal departments to provide data and analysis.
• Assist in preparing financial reports for board meetings.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Associate degree