Financial Analyst

Abbott Laboratories Employees Credit Union•Gurnee, IL

About The Position

ALEC is one of the largest credit unions in Illinois and we foster a supportive and collaborative work environment, where employees are encouraged to grow both personally and professionally. We offer a comprehensive benefits package, which even includes a medical plan with no premiums taken from your paycheck. We can’t wait to talk further with you about joining our team.

Requirements

High School Diploma or equivalent (GED)
Two (2) years of experience working in an Accounting or Finance position
Ability to analyze and interpret financial and accounting data and summarize in a manner which can be communicated to the business leaders in an efficient manner.
Financial analysis capability using financial and/or accounting applications and the Microsoft Office Suite
Capable of using critical thinking skills and judgment when making decisions
General knowledge of current financial debt markets
Knowledge of US GAAP
Ability to perform job functions independently
Ability to work as part of a team
Ability to verbally communicate effectively with internal and/or external members
Ability to use computers and job-specific technology/software efficiently
Maintains confidentiality
Performs responsibilities with composure, quality and accuracy under stress of deadlines/requirements

Nice To Haves

Bachelor’s degree in Accounting, Finance or Business Administration
Three (3) years of experience working in an Accounting or Finance position within a financial institution

Responsibilities

Responsible for maintaining ALM software and ensuring accurate monthly reporting, including Board of Director, ALCO, Senior Management and Responsibility Center (RC) reports
Analyzes financial information to produce variance and forecast reports
Assembles spreadsheets and draws charts and graphs used to illustrate financial information
Interprets data affecting investment programs, such as price, yield, stability, future trends in investment risks, and economic influences
Maintains knowledge and stays abreast of developments in the fields of business, finance, and economic theory
Monitors fundamental economic, industrial, and corporate developments through the analysis of information obtained from financial publications and services, investment banking firms, government agencies and trade publications
Assists in the preparation of investment action plans based on financial analyses
Researches investment alternatives and makes recommendations to CFO
Assists in the budget and reforecast process
Maintains budget systems and assembles reforecast information in the Budget system
Evaluates profit and cost efficiencies in various areas of the organization as needed
Develops, maintains and distributes ad-hoc reports and financial models as needed
Assists Accounting with the proper application of GAAP
Other duties as assigned