Finance Analyst

FIRST PREMIER BANK•Sioux Falls, SD

60d•Onsite

About The Position

Assists in the preparation of monthly forecasts, annual budget, and state franchise taxes for the organization. Ensures the accuracy and integrity of financial data through detailed analysis, collaboration with internal teams, and adherence to regulatory standards.

Requirements

Interprets data, identifies patterns, and draws logical conclusions to support decision-making and problem-solving.
Manages time, tasks, and resources to maintain structure and meet deadlines in a dynamic work environment.
Assesses situations, identifies root causes, and develops effective solutions to overcome challenges and improve outcomes.
Clearly and effectively conveys information, ideas, and feedback through verbal, written, and interpersonal interactions.
Focuses on accuracy and thoroughness, ensuring that all aspects of a task or project are carefully reviewed and executed without error.
Degree in Accounting, Finance, or a related field is preferred.
3 to 5 years of relevant experience is preferred.
Solid understanding of Generally Accepted Accounting Principles (GAAP) and/or financial concepts is preferred.
Proficiency in Microsoft Office and familiarity with financial software tools is preferred.

Responsibilities

Supports the development of monthly forecasts and annual budgets by compiling financial data, analyzing trends, and evaluating key components of the income statement and balance sheet.
Prepares schedules based on expected growth and underlying business assumptions to inform strategic planning.
Monitors the BIN (Bank Identification Number) relationship daily.
Reviews daily account balances to prevent overdrafts, maintaining adequate funding levels, and ensuring restricted accounts adhere to regulatory and policy requirements.
Proactively identifies and addresses discrepancies to support smooth financial operations.
Manages the end-to-end process of state franchise tax payments, including reviewing tax estimates provided by external CPAs.
Executes payments through various channels such as online portals, ACH transfers, and hard checks, ensuring timely and accurate disbursement.
Maintains detailed tracking and documentation of all tax obligations to support compliance and audit readiness.
Performs general ledger maintenance across multiple financial systems by setting up new accounts and configuring automated posting codes to ensure accurate financial reporting.
Collaborates with departments across the bank to ensure the accuracy and integrity of financial reporting by addressing inquiries and resolving discrepancies related to general ledger activity.
Conducts daily reviews of general ledger budgets to identify unusual transactions or potential errors, proactively reaching out to relevant teams for clarification and resolution.
Serves as a key resource for interpreting financial data and supporting operational teams in maintaining compliance with accounting standards.
Assists in responding to internal, compliance, and external audit and review requests by gathering and organizing relevant financial data, reports, and documentation.
Coordinates with various departments to compile required materials such as policy copies, procedural documentation, and system reports.
Ensures timely and accurate responses to auditor inquiries.
Assists in the preparation of the Current Expected Credit Loss (CECL) report by compiling raw data, including historical charge-off information and risk-based assumptions, for submission to a third-party modeling provider.
Upon receiving the modeled results, reviews the calculated allowance for loan losses to ensure accuracy and reasonableness by validating totals, subtotals, and key figures.
Assists in compiling and organizing financial and operational data for the Asset-Liability Committee (ALCO) reports.
Gathers inputs from various internal sources to support analysis of interest rate risk, liquidity, and balance sheet management.

Benefits

Full medical benefits when working 20+ hours per week
Traditional and High-Deductible health plan options available
FREE dental and vision coverage
Generous Paid Time Off plans
401(k) – dollar-for-dollar match up to 5% of total compensation
Special discounts and offers for events at the Denny Sanford PREMIER Center
PREMIER Wellness Program
Paid Community Volunteer Hours – PREMIER averages 30,000 hours per year
Fun Employee Parties
Various Career advancement opportunities and growth
Appreciation is shown through concerts, outdoor bashes, cash, car giveaways and more
PREMIER employees who work 20+ hours per week are eligible for full-time benefits, including medical coverage with free vision and dental insurance.
We offer expanded Paid Time Off and a highly competitive 401(k) plan that features a dollar-for-dollar company match after 120 days of employment.
Employees can experience personal and professional growth through PREMIER University. It offers skill-based training, leadership classes and inspirational national speakers.
Through our Employee Assistance Program, employees have access to free counseling sessions, online resources and legal support.
Community Giving offers our employees purpose-driven, meaningful opportunities where they know they are making a difference.
Recognizing and rewarding success is an important part of the PREMIER culture.
We celebrate and show our appreciation with private concerts and special events.
We’ve also celebrated with surprise gifts, cash/car giveaways, Apple watches, wireless earbuds and more!
At quarterly staff meetings, employees who have gone above and beyond in their job or in their community are awarded a PREMIER Performer or PREMIER Eagle Service Award.
Employees celebrating 20, 25, 30, 35, 40, 45 and 50 year Milestone Anniversaries receive $1,000 for every year they have worked with PREMIER.