Financial Analyst

First Mid Bank & Trust•Mattoon, IL

18h•Onsite

About The Position

Responsible for supporting the company’s financial management and reporting functions through analysis, modeling, reporting, and operational support across treasury, balance sheet management, and financial planning activities. This role is designed to be flexible in scope, allowing coverage of a broad range of responsibilities while providing backup support to other members of the Finance team, including other Financial Analysts and the Senior Financial Analyst. The position contributes to Asset Liability Committee (ALCO) reporting, asset-liability management (ALM), interest rate risk (IRR) analysis, budgeting and forecasting processes, investment portfolio administration, and regulatory and audit support. Strong analytical skills, attention to detail, and the ability to adapt to evolving priorities are essential for success in this position. Primary areas of responsibility may vary based on team needs and may shift over time to support cross training, coverage, and evolving Finance priorities.

Requirements

Bachelor’s degree with major in accounting or finance, and/or a minimum of 5 years’ experience in an accounting/financial reporting role.
Ability to take initiative in learning, developing, and improving processes and procedures across multiple functional areas.
High level of interpersonal skills to effectively communicate complex issues with colleagues, management, and external constituents.
Strong analytical skills to analyze financial and procedural data with attention to detail and accuracy.
Adequate knowledge of internal policies and procedures and relevant laws and regulations to perform job duties within the proper control environment.

Responsibilities

Assist in the preparation and maintenance of periodic reporting and analytics used by the Finance Team, ALCO, Senior Management, and the Board of Directors.
Support ALM and IRR processes through data gathering, validation, analysis, and documentation of key inputs and assumptions, including ongoing recordkeeping aligned with internal controls and governance expectations.
Perform trend analysis, variance review, and ad hoc modeling to support balance sheet strategy, liquidity management, and interest rate risk monitoring.
Support budgeting and forecasting processes, including departmental and cost center reporting, and assist with ongoing enhancements to reporting tools and methodologies (including Axiom-related reporting and analysis as assigned).
Assist with recurring and ad hoc financial analysis that supports management decision making, planning, and operational reporting needs.
Assist with daily and periodic cash position reporting and monitoring of funding sources (which may include Federal Reserve, correspondent accounts, and FHLB-related activity as assigned).
Perform duties or provide backup coverage for processes related to liquidity monitoring, public funds activity, and brokered funding activity as assigned.
Maintain accurate documentation and record retention supporting investment portfolio activity, including transaction support, reconciliations, system inputs, and related internal reporting.
Perform duties and/or backup coverage related to safekeeping, pledging, and collateral documentation, ensuring records are complete, timely, and audit-ready.
Support ongoing administration of select investment-related processes (such as interest processing, capital contributions and distributions, reporting schedules, and supporting documentation) as assigned.
Support finance-owned policy governance and oversight activities by assisting with documentation, tracking, updates, testing support, and related reporting as assigned.
Assist with internal audit, external audit, and regulatory exam requests by compiling data, documentation, and support schedules in a timely and accurate manner.
Collaborate with finance, accounting, treasury management, and operational teams to ensure alignment and accuracy across processes and reporting.
Provide backup support across Finance processes as needed to ensure continuity of critical reporting and operational workflows.
Complete required training associated with job functions and ensure adherence to internal policies and applicable regulatory standards.
Perform other duties as assigned.