Financial Analyst

Old National Bank•Evansville, IN

15h•$52

About The Position

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving. We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values. The Financial Analyst will serve as a finance and accounting business partner to Commercial line of business executive leader and team. Responsible for all aspects of financial and strategic planning support including: 1) Reporting, monitoring, and analysis of the division’s financial and operational performance, 2) Financial evaluation of proposed strategic initiatives, acquisitions, divestitures, line expansion, pricing, product development, etc., 3) Coordination and Development of the business line’s annual strategic plan and operating budget.

Requirements

BA Degree in Accounting or Finance required, MBA preferred
5 or more years of relevant experience including budgeting, forecasting, financial reporting, and accounting at a corporate-wide or divisional level
Strong financial systems experience (e.g. Hyperion, SAP, Axiom, Microsoft Excel) required
Significant exposure to commercial banking including a strong understanding of sales and operational processes, competitive analysis, pricing, product development, etc.
Strong knowledge of financial valuation techniques
Broad based GAAP knowledge
Strong, communication, organizational, analytical and decision-making skills required

Nice To Haves

MBA preferred

Responsibilities

Reporting, monitoring, and analysis of the Commercial Division’s financial and operational performance
Coordinate the commercial division’s recurring financial and performance related management reporting; including budget variance reports, performance trend analytics, and divisional scorecards.
Recommend and oversee the development and implementation of proposed improvements in the reporting and communication processes to improve management effectiveness and accommodate growth.
Provide analysis and council to division leaders regarding financial and operational performance of the various business segments within the Commercial area.
Prepare and deliver recurring communication to executive management concerning the Commercial Division’s financial and operating performance.
Support financial analysis requests submitted by the Commercial Division, including feasibility studies for acquiring and divesting distribution platforms, merger and acquisition activity, and customer / product pricing.
Provide evaluation and counsel to Commercial division leaders regarding the financial impact of planned initiatives and strategies.
Direct and oversee competitive financial analysis and statistical studies to determine potential paths for financial improvement.
Review performance trends and recommend appropriate projections / alternatives to executive management.
Work with other areas to evaluate and counsel regarding the financial impact of planned initiatives
Serve as a commercial project manager for cross-departmental initiatives involving coordination with other sales / support areas within the bank.
Coordinate and facilitate ongoing planning and budget development activities within the Commercial Division.
Perform detailed analysis of budgets and plans to ensure both accuracy and consistency with the corporate plan as well as initiating follow up with appropriate levels of management.
Prepare and deliver the Commercial Division’s plan and budget presentations to executive management for approval.