Financial Analyst

Banesco USA• Miami, FL, US, FL

About The Position

The Financial Analyst prepares monthly financial reports for presentation at monthly Board of Directors meetings. Working closely with the VP, Financial Analysis Officer, the role also helps prepare monthly and quarterly regulatory reports and reviews various daily, weekly, monthly, and annual reports using accounting principles.

Requirements

  • Bachelor’s degree in a related field.
  • Three years of experience in the banking industry or in finance.
  • Advanced computer skills, including proficiency in Microsoft Office applications such as Word, Excel, and PowerPoint.
  • Strong verbal and written communication skills, with the ability to communicate at all levels of the organization.
  • Strong attention to detail and accuracy.
  • Ability to multitask, with strong organization, time-management, and prioritization skills.
  • Strong customer service skills to ensure satisfaction of internal customers.
  • Intermediate knowledge of accounting principles, budgeting, and financial reporting functions.
  • Intermediate knowledge of related state and federal banking compliance regulations and operational policies.
  • Ability to understand and comprehend instructions, procedures, and policies and ensure compliance with the Bank’s policies and procedures.
  • Problem-solving and analytical skills to identify problems.

Nice To Haves

  • Bilingual in English and Spanish.

Responsibilities

  • Prepare and create monthly financial reports for presentation at monthly Board of Directors meetings.
  • Prepare and analyze budget-versus-actual variances, investigate and document discrepancies, and advise other departments on necessary corrections.
  • Communicate findings and recommendations from financial report analysis.
  • Perform business cases and financial models, and update and track business cases for strategic initiatives.
  • Prepare and analyze monthly provisions.
  • Assist with expense management versus budget to ensure accuracy and appropriate allocation.
  • Update reports sent to the Bank’s affiliates.
  • Evaluate financial data and update queries.
  • Update monthly, quarterly, and annual regulatory reports, including Census, BEA, and Qualified Public Depositor (QPD) reports.
  • Prepare ad hoc reports and presentations.
  • Study business and economic trends and stay updated with industry regulations.
  • Complete the assigned annual training program.
  • Perform other functions and duties as assigned.
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