Job Details

ID #17270288
State Massachusetts
City Maynard
Job type Permanent
Salary USD TBD TBD
Source Softworld, Inc.
Showed 2021-07-25
Date 2021-07-25
Deadline 2021-09-23
Category Et cetera
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Sr Financial Analyst

Massachusetts, Maynard, 01754 Maynard USA

Vacancy expired!

Job Number: 234695

Sr Financial Analyst

Our Banking client is looking to add a Sr. Financial Analyst to their team that is both hands-on and managerial. This hire will provide asset liability management analytics, develop accounting efficiencies, prepare, understand, and review financial statements, prepare profit modeling, balance sheet risk management and mitigation planning, economic scenario and stress testing, interest rate and liquidity risk analytics, and associated regulatory compliance support.

  • Exercises policies, procedures and controls to the accounting/finance department.
  • Prepares and analyzes monthly, quarterly, and annual reporting requirements.
  • Responsible for the ALM model, assumptions, and reports.
  • Provides robust statistical analytics to support portfolio modeling, member behavior, pricing sensitivity, pricing studies. Continuously improves analytical capability of the team to provide insightful and relevant recommendations to drive business decision making.
  • Reviews financial statements and related comprehensive analyses for variances and trends.
  • Be able to independently analyze and summarize the impacts of new and/or proposed accounting guidance, processes and procedures.
  • Be innovative in collaborating with other departments to develop effective financial data and reports from various systems.
  • Ability to dissect raw accounting data into a summarized analysis.
  • Ability to perform research on current and new accounting and/or finance related issues.
  • Enhances, improves, and maintains written procedures for the accounting department.
  • Initiates, develops and maintains financial and operational accounting efficiencies.
  • Engages all accounting/finance personnel to understand and apply regulatory and accounting controls, policies, and procedures.
  • Provides innovative ideas to the accounting/finance department as well as improve efficiencies to various aspects of the department.
  • Supports the supervision of the accounting staff.
  • Serves as a primary resource for other areas to explain to them accounting/finance transactions, reporting requirements and/or any accounting/finance discrepancies.
  • Assists in the coordination and preparation of third party audit and review materials.
  • Leads the implementation of changes in accounting/finance changes (for systems and reporting) as well as the implementation of new accounting standards and policies.
  • Performs ad hoc projects and analyses for management.
  • Manages and responsible for the professional development of Financial Analysts
  • Completes all required Bank Secrecy Act related training annually and maintain knowledge of current BSA policies, specifically those related to cash handling (CTR filing) and identifying and reporting possible suspicious activity.
Job Competencies:

  • Bachelor's degree in accounting/finance or related work experience.
  • Strong organizational skills with attention to detail.
  • Strong analytic, financial modeling and reporting skills.
  • Ability to work with advanced spreadsheets, general ledger accounting systems, and other general technology such as report writers and budget software.
  • Manages a team of 4 to 5 Financial Analysts
  • Must have Capital Planning and Stress Test Experience (CPST and DFAST)
  • Proficiency in the use of software applications, databases and spreadsheets
  • Proficient with Microsoft applications
Education and Experience Requirements:

  • Bachelor's degree in accounting/finance or related work experience.
  • Minimum 4 years financial analyses and 2 years of supervisory experience.
  • Ideally would like someone with a CFA or CPA

THIRD PARTY AGENCIES, SUBCONTRACTORS, AND RECRUITERS NEED NOT APPLY. Applicants received from firms will not be considered. Subcontracting is not available for this position.

Vacancy expired!

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