Treasury Analyst - Branchburg, NJ
About The Position
Financial Resources FCU is seeking a Financial Analyst to perform analytical and operational support duties within the Finance Department. This role will assist the SVP Finance and Accounting, analyze financial statements, and conduct various financial analyses including profitability, pricing, peer data, valuations, liquidity, concentration, investment activities, budgeting (with modeling and what-if scenarios), loan analytics, and reconciliations. The Financial Analyst will also prepare reports on key performance indicators, ad hoc analysis, and cost/benefit information as needed. The position is located in Branchburg, NJ, with an initial 90-day on-site requirement, followed by a hybrid work model (3 days in office, 1 day remote) as part of a 4-day work week program.
Requirements
- Bachelor's degree in Finance and advanced training/education. MBAs are preferred
- 5 years of progressive work experience in a financial institution, accounting or finance position
- 4 years of financial, ALM, budget and investment experience
- 4 years of experience in performing financial analysis of financial products and services
- Professional, well-developed, interpersonal skills necessary for communicating with members, co-workers and vendors on Credit Union-related matters
- Proficiency in Microsoft Office Applications with advanced Excel skills required
- Proficiency in financial modeling
- Thorough knowledge of GAAP
Nice To Haves
- MBAs are preferred
Responsibilities
- Monitor daily cash balances
- Ensure payroll, vendors, debt payments and other obligations can be met
- Forecast future cash needs and maintain adequate liquidity
- Invest excess cash in appropriate instruments (e.g. money market funds, Treasuries, commercial paper, CDs)
- Balance safety, liquidity and yield in investments
- Arrange borrowing facilities, bank lines, bonds or other financing
- Manage the company's debt structure and borrowing costs
- Manage interest rate risk, foreign exchange risk, liquidity risk and sometimes commodity price risk
- Use hedging strategies when appropriate
- Maintain relationship with banks and financial counterparties
- Present strategies for negotiation of services, credit facilities and payment systems
- Oversee investment portfolio management
- Oversee liquidity contingency funding plans
- Oversee FHLB borrowings and other wholesale funding
- Oversee asset-liability management (ALM)
- Oversee interest rate risk monitoring
- Oversee cash flow forecasting
- Oversee capital and net worth planning
Benefits
- A competitive salary
- Generous paid time off
- Health, dental and vision plans for employees and their families
- Health Savings and Flex Spending Accounts
- Short and Long Term Disability Programs
- Parental Leave Programs
- 401K with employer match and potential for additional profit-sharing contributions
- Paid volunteer days
- Opportunities for career advancement and continuous learning and development and tuition reimbursement
- Work/Life Balance Programs
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
