Financial Analyst
Vibrant Credit Union•Moline, IL
•Onsite
About The Position
The Financial Analyst is responsible for preparing and analyzing various weekly, monthly, and annual financial reports, including, but not limited to, reconciliation of investments, management of cash position, concentration, and scorecard metrics. This role will assist with budgeting, forecasting, and support the Credit Union’s internal and external financial reporting processes and audits.
Requirements
- Bachelor's degree in business, accounting, finance, or related field
- Two years' experience in a financial institution
- Strong analytical and mathematical skills are a must.
- Enthusiastic about solving significant, complicated problems and challenges
- Extensive knowledge of MS Office software with extensive experience in MS Excel
- Experience working with Fiserv DNA, Prologue, or financial reporting systems
- Working knowledge of accounting transactions, debits, credits, GL entries
Responsibilities
- Responsible for preparation and maintenance of Board and Committee financial reports such as concentration, liquidity scorecard, and investments
- Monitor the Credit Union's cash position, borrowing availability and liquidity needs
- Assist in compiling data and creating support for the Credit Union's Call Report, annual budget, forecast updates and any ad hoc financial analysis requests
- Support asset/liability management processes by compiling quarterly ALM input materials, maintaining assumption documentation and assisting with related analysis
- Assist with CECL and allowance reporting, including reserve support and allowance reconciliation
- Participate in regulatory exams, internal and external audits
- Responsible for preparation of MALCO minutes
- Successfully reconcile investment portfolio and update monthly reporting and pledging of securities
- Assist with monthly financial statement preparation, quarterly regulatory reports, and annual financial statements
- Assist with system rate updates
- Identify variances from expected results, research underlying drivers and report findings
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
Upload and Match Resume
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
