Sr IT Financial Analyst
About The Position
Pennymac (NYSE: PFSI) is a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market. At Pennymac, our people are the foundation of our success and at the heart of our dynamic work culture. Together, we work towards a unified goal of helping millions of Americans achieve aspirations of homeownership through the complete mortgage journey. The Senior IT Financial Analyst provides key centralized financial services to all Information Technology groups requiring financial guidance, reporting, or analyses. General functions would include financial forecasting, pricing and product analyses, profit and loss statement management, corporate budgeting, ad-hoc analyses and reporting, and guidance pertaining to shared expense analyses, expense allocations, and department structuring.
Requirements
- Post-graduate degree in quantitative major
- 3+ years of relevant experience with financial modeling or financial engineering preferred
- Moderate skill in business intelligence tools such as Tableau
- Must be highly proficient in Excel and Google Sheets
- Ability to create and present presentations
- Organized thought process and able to conduct one-self in a professional manner
- Must be a team player with strong attention to detail and able to work independently
- Excellent critical thinking, problem solving, mathematical skills and sound judgment
- Strong business acumen and ability to interface with executive management
- Growth mindset, desire and willingness to lead objectives as opportunities arise
Nice To Haves
- Knowledge of SQL a plus
- Accounting background or knowledge of general accounting processes, procedures, and financial statements helpful
- Financial Services and, if possible, mortgage industry experience preferred
Responsibilities
- Collects analyses, and prepares reports for Information Technology services utilization and cost. Data is used to ensure appropriate cost and charge practices to business divisions and to identify and understand trends in services utilization. Works with department management to develop corrective action strategies for problem areas.
- Performs regular audits of services utilization and financial data to ensure accurate and appropriate use practices. Makes recommendations and/or brings issues to management.
- Oversees billing issue reconciliation, participates in process changes as needed, and Works in conjunction with FAV to make recommendation for continued process improvement.
- Maintain analytics models that require knowledge of financial concepts
- Seeks and implements opportunities for additional controls regarding IT spend.
- Headcount reporting for both internal (FTE/Contractors) and external (Offshore/Nearshore) resources.
- Develop the information technology budget in conjunction with the various Information Technology groups.
- Audits Profit & Loss statement to identify cost trends and miss categorizations.
- Timely response to ad-hoc reporting requests.
- Perform other related duties as required and assigned.
- Demonstrate behaviors which are aligned with the organization’s desired culture and values.
Benefits
- Comprehensive Medical, Dental, and Vision
- Paid Time Off Programs including vacation, holidays, illness, and parental leave
- Wellness Programs, Employee Recognition Programs, and onsite gyms and cafe style dining (select locations)
- Retirement benefits, life insurance, 401k match, and tuition reimbursement
- Philanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsorships
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
5,001-10,000 employees
