Financial Planning & Business Analyst I

First National Bank Alaska•Anchorage, AK

4d•Onsite

About The Position

Start a career with First National Bank Alaska, the Best Place to Work in Alaska as recognized 11 years in a row by Alaska Business magazine readers. Attention Financial and Business Analysts! Financial Planning and Business Analysts provide analytical support for financial and business-related projects important to the development and improvement of strategies and initiatives; prepare complex financial reports. Salary: Job/salary offer would be commensurate with job level and experience. Schedule: Monday-Friday GENERAL PURPOSE SUMMARY Provides analytical support for financial and business-related projects and scheduled reporting, using past trends, current performance, and forecasting; contributes to the development and improvement of strategies and operational initiatives; analyzes financial and budget data on key areas impacting bank operations; and prepares complex financial reports for bank’s internal customers adhering to critical deadlines by performing the following essential duties and responsibilities: ESSENTIAL DUTIES AND RESPONSIBILITIES Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Analyzes financial data and prepares accurate monthly, quarterly, and annual financial reports and presentations for internal management and executive teams. Prepares and distributes reports and analysis on financial plan to actual performance for cost centers within the bank. Under general direction, prepares financial forecasts of bank earnings by assisting business units in developing and monitoring rolling budgets and forecasts; identifies and analyzes critical business performance results/trends using statistical methods, modeling and analytical methodologies, including analysis of income/expense, profitability, liquidity, capital, leverage, asset/liability management; and assists in business performance improvement recommendations. Provides support for annual financial planning process and software administration within planning software and other programs, including preparation and analysis of financial forecasts of bank earnings to assist business units in developing and monitoring rolling financial plans and forecasts. Provides financial planning training to business units and acts as a resource for continuous utilization of planning tools. Supports decision making by preparing dashboards, presentations, infographics, models & analytical scenario reports on an ad hoc project and recurring basis using data mined from internal sources, peer/competitor call reports, industry sources and publications for CEO, CFO, Executive and Management teams on business units. Provides guidance and training to other Financial Division staff members, reviewing various internally prepared reports for accuracy and variances. Prepares, coordinates, and maintains financial planning projects, objectives, processes and procedures as assigned, including capital planning analysis. Supports vendor management through periodic financial review processes. Performs other work-related duties as assigned by supervisor. Collects information and documentation needed to complete the loan file by communicating with customers, insurance and title companies, and bank personnel. Performs other work-related duties as assigned supervisor. COMPLIANCE EXPECTATIONS Stay up to date on relevant laws and regulations. Knowledgeable of and comply with bank policies, procedures, laws and regulations that apply to you and your job. Maintain customer confidence and protect the bank’s operations by you and your delegates by identifying and protecting confidential information.

Requirements

Bachelor’s degree in accounting, business, or finance and three years related and progressively responsible banking, financial industry, or accounting experience; or four years related and progressively responsible banking, financial industry, or accounting experience; or equivalent combination of education/training and experience.
Knowledge of Generally Accepted Accounting Principles (GAAP).
Ability to keyboard 40 wpm and operate a 10-key calculator by sight required.
Windows based word processing and spreadsheet software experience required.
Must have strong analytical skills and be able to work in an organized and efficient manner and on multiple projects with a high level of accuracy, attention to detail, and follow through.
Ability to read, analyze, and interpret common scientific and technical journals, financial reports and legal documents.
Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community.
Ability to effectively present information to top management and the public.
Ability to work with mathematical concepts such as probability and statistical inference.
Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
Ability to define problems, collect data, establish facts, and draw valid conclusions.
Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract variables.

Nice To Haves

Bachelor’s degree in accounting, business, or finance and four years related and progressively responsible banking, financial industry, or accounting experience; or six years related and progressively responsible banking, financial industry, or accounting experience; or equivalent combination of education/training and experience.
Knowledge of Generally Accepted Accounting Principles (GAAP), banking regulations, structure, and accounting systems; public accounting and audit experience; FMVA Certification.

Responsibilities

Analyzes financial data and prepares accurate monthly, quarterly, and annual financial reports and presentations for internal management and executive teams.
Prepares and distributes reports and analysis on financial plan to actual performance for cost centers within the bank.
Prepares financial forecasts of bank earnings by assisting business units in developing and monitoring rolling budgets and forecasts.
Identifies and analyzes critical business performance results/trends using statistical methods, modeling and analytical methodologies, including analysis of income/expense, profitability, liquidity, capital, leverage, asset/liability management.
Assists in business performance improvement recommendations.
Provides support for annual financial planning process and software administration within planning software and other programs.
Prepares and analyzes financial forecasts of bank earnings to assist business units in developing and monitoring rolling financial plans and forecasts.
Provides financial planning training to business units and acts as a resource for continuous utilization of planning tools.
Supports decision making by preparing dashboards, presentations, infographics, models & analytical scenario reports on an ad hoc project and recurring basis.
Provides guidance and training to other Financial Division staff members, reviewing various internally prepared reports for accuracy and variances.
Prepares, coordinates, and maintains financial planning projects, objectives, processes and procedures as assigned, including capital planning analysis.
Supports vendor management through periodic financial review processes.
Collects information and documentation needed to complete the loan file by communicating with customers, insurance and title companies, and bank personnel.
Stays up to date on relevant laws and regulations.
Complies with bank policies, procedures, laws and regulations that apply to you and your job.
Maintains customer confidence and protects the bank’s operations by identifying and protecting confidential information.