Financial Analyst I

Financial Analyst I

At VyStar, we offer competitive pay, an excellent benefit package that includes a 401(k) Plan, an extensive paid technical and on-the-job training program, and tuition reimbursement available to all full and part time employees. Part time positions start at a minimum of 30 hours per week.

We encourage you to become a part of VyStar Credit Union's family of employees.

Accountability Statement

The incumbent will be part of the Financial Planning & Analysis team and assist the Financial Planning Manager / AVP / VP, Financial Performance Manager / AVP / VP and / or SVP Financial Planning, Pricing and Profitability in carrying out the broader Finance department mission. The FP&A function refers to the corporate finance and planning imperative. FP&A creates balanced scorecards, and leads capital budgeting for new products, investments and ad hoc projects. FP&A leads the annual operating (AOP), or budget, process and long-term planning exercises including tracking variances. These duties require building and maintaining different models with business intelligence tools including Workday Financials, Workday Adaptive Planning, Empyrean Profitability Model, VyStar data lake and other sources of data / modeling. The FP&A team will work closely with the Financial Risk Management (FRM) team, Advanced Analytics team, Accounting and other business units. FP&A also maintains documentation of all models and methodologies, including a model catalog with documentation and testing of all model changes. The incumbent will support the FP&A function, at the direction of the Financial Planning Manager / AVP / VP, Financial Performance Manager / AVP / VP and / or SVP Financial Planning, Pricing and Profitability.

Essential Functions

Financial Planning & Analysis :

• Assists and performs duties with the budget cycle, formally known as the Annual Operating Plan (AOP) process :
• Interacts with key stakeholders and business units to derive key inputs, etc.
• Assists with and helps produce the AOP package including financial statements, ratios, analysis, etc.
• Assists in supporting decision-making regarding capital expenditures including branch pro-forma analysis.
• Pursues tactics for streamlining and automating AOP process to reduce operational risks.
• Assists in maintaining a rolling corporate forecast for non-interest income and non-interest expense to be included in the ALM model.
• Assists in business planning cycle, including but not limited to forecasting, and validating expected ROI, capital expenditure and challenging assumptions.
• Assists in automation of data gathering, reports and presentations to include financial statements, variance reporting, ratios, slides and other analysis.
• Performs and maintains historic and forecasted profitability processes.
• Conducts organizational, product, channel, and member-level profitability analysis.
• Maintains Key Metric and Key Ratio analyses such as Net Worth Ratio, Net Interest Margin, Return on Assets, etc.
• Assists in researching and seeking improvements to profitability process and systems, including enhancements such as liquidity-adjusted Funds Transfer Pricing.
• Assists with documentation of FP&A processes, procedures, models, and best practices.

Financial Decision Support & Reporting :

Incumbent is expected to demonstrate each of the following VyStar Excellence behaviors in performing the duties and responsibilities of their job.

Job Knowledge, Skills & Abilities

Required :

Preferred :

Education

Required :

Preferred :

Disclaimers and Work Environment

Nothing in this position description is an implied contract for employment. The position description is intended to be an accurate account of the essential functions. The functions are not all encompassing and are subject to change at any time by management.

The work environment characteristics described are representative of those that an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

As required or requested, may exert up to 20 pounds of force occasionally and / or a negligible amount of force constantly to lift, carry, push, pull or otherwise move objects.

VyStar Credit Union is not seeking outside assistance or accepting unsolicited resumes from staffing agencies or search firms for employment or contractor opportunities. Any resumes submitted by an outside vendor to any employee at VyStar via e-mail, internet, or directly to hiring managers without a valid written search agreement with the Talent Acquisition / HR department will be deemed the sole property of VyStar Credit Union.

No placement fee will be paid if a candidate is hired as a result of the referral, or through other means.

Thank you for your inquiry regarding our current job opening. Your resume will be carefully reviewed against the position requirements. Should your experience and skills match, you will be contacted by one of our Human Resources department staff members.

Thank you again for your interest in this position!

VyStar Credit Union Human Resources