Director- Financial Planning and Analysis

Midland States Bank•O'fallon, MO

About The Position

The Director Financial Planning & Analysis will report to the Chief Financial Officer, and will be responsible for the Company’s financial planning process, which includes the development of an annual budget and working in conjunction with the Company’s ALM group to update periodic forecasts, and to provide financial analysis and business decision support. At Midland States Bank, we believe that when we can bring our whole selves to work each day, we become happier, more comfortable, more confident and more excited to do great things for our customers, each other and our company. We’re proud to be an Equal Opportunity and Affirmative Action employer. At Midland, we recruit, employ, train, compensate and promote without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. If you are looking for a place to grow, we encourage you to apply at Midland States Bank, because you belong here. If you require reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please direct your inquiries to Midland States Bank Human Resources at [email protected]. Midland States Bank may use automated tools and artificial intelligence (“AI”) to assist with recruiting, screening, and hiring decisions. In accordance with the Illinois Human Rights Act (effective January 1, 2026), these tools are designed and monitored to be neutral and job-related, and must not be used in a way that discriminates against applicants or employees based on any protected characteristic. THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT At Midland, we’re proud to be a little different. You can see it in our bright orange signs—but there’s more to it than that. With our heartfelt and personalized approach, we’re focused on meeting every customer’s needs with the brightest solutions. For more than 140 years, we’ve learned by serving customers skillfully with dedication and follow-through, we can brighten every interaction to drive our collective success. And this goes beyond traditional banking. We foster programs that empower our communities, continuously invest in our employees, and actively pursue brighter futures for all. Our humble ambition keeps us growing, giving back, and looking ahead. We’re innovating and optimizing our services to ensure we stay unique – providing strength you can count on with heart you can feel. You might say we’re unlike any other bank. And you’d be right.

Requirements

Bachelor’s Degree in Finance or Accounting
10+ years’ of progressive finance experience
5+ year’s banking or financial services experience
Thorough knowledge of centralized budget & forecasting process
Working knowledge of financial services funds transfer pricing principles is required
Working knowledge of GAAP accounting issues as they relate to the banking industry
Experience with developing unit, product and customer profitability
Experience working with accounting and reporting systems such as Cognos and Axiom
Ability to analyze, research, present, coordinate & negotiate
Ability to manage deliverables and timelines with limited supervision
Critical thinking, problem-solving, and resourcefulness skills along with intellectual inquisitiveness
Project management skills
Proven track record of success within a growing organization
Business insight
Cultivates innovation
Drives results through collaboration
Makes sound decisions
Being a brand champion
Communicates effectively
Customer focus
Being Authentic
Emotional Intelligence
Self development
Being flexible and adaptable

Nice To Haves

MBA and/or CPA is a plus

Responsibilities

Partner with members throughout the organization to understand all aspects of the business resulting in improved forecasting processes, visibility into the company performance and leading KPI/scorecard tracking and measurement.
Oversee daily, weekly and monthly reporting and the analysis of that financial information across all areas of the business identifying operational or performance concerns and causes.
Present these findings to finance leadership and other business unit leaders as appropriate
Assists with the integration of acquired entities into the unit profitability reporting and budgeting processes.
Provide support to the accounting team related to the monthly reporting package that includes financial statements, analysis of key business trends, actual versus budget variances and comprehensive executive level explanations of differences.
Drive quarterly Business Unit Review process and materials for consistency, accuracy and appropriateness for the different business units
Bridge disparate systems and challenge their output ultimately to validate or refine queries relied upon to execute strategic initiatives.
Support quarterly external reporting, including earnings releases, financial guidance, and earnings call support information.
Provide financial modeling and analysis for contracts and other ad hoc financial projects.
Serve as the business lead in the definition of requirements for and maintenance of management reporting applications that will serve to drive efficiency in processes and access to information and analysis.
Supervises employees directly including selection, development and performance management.
The role requires occasional travel for training and team meetings, and willingness to travel periodically, to locations within market as needed.
Maintain compliance with all applicable regulations including, but not limited to, the Bank Secrecy Act (BSA).