[Remote] Financial Analyst - FP&A

Note: The job is a remote job and is open to candidates in USA. Rize Federal Credit Union is hiring a Financial Analyst – FP&A to own forward-looking financial planning and analysis. The role leads budgeting and reforecasting, develops financial and liquidity projections, analyzes variances, and prepares reporting for the Asset Liability Committee and Board.

Responsibilities

• Lead the annual budget cycle end to end: calendar, templates, departmental input, consolidation, review, and the final Board-approved package
• Build and maintain balance sheet, income statement, and capital projections under the assumption set approved by the VP, Finance
• Produce volume projections for loan production, certificate maturities and rollovers, cash flow, and deposit growth
• Run two reforecast cycles per year, documenting what changed against the original budget and why
• Maintain the forecast model, including documentation, version control, and a traceable path from every input to every published figure
• Produce monthly budget variance analysis for the balance sheet and income statement, with a written narrative explaining each material variance, not just its size
• Break interest income and interest expense variances into rate and volume components
• Analyze operating expense variances, including compensation, fee income, and non-operating items
• Track the full-year outlook against budget and flag emerging shortfalls early enough for management to act
• Produce the monthly Cash Flow Projection Report for the Asset Liability Committee
• Back-test cash flow forecasts against actual results twice a year, documenting variance drivers and model adjustments
• Monitor and project cash requirements, cash availability, and funding requirements, including daily cash position and short-term funding analysis
• Produce recurring deliverables using the department's analytical and automation tooling, and verify every published figure against its source before release
• Produce the monthly Contingency Funding Report, including liquidity stress scenarios and available borrowing capacity
• Forecast liquidity and periodically back-test those projections
• Prepare and upload quarterly asset liability management data to our ALM service provider

Skills

• At least 3 years of financial analysis experience, preferably in a financial institution
• Demonstrated ownership of a full annual budget cycle, from calendar through Board-approved package
• Proven experience building and maintaining multi-year financial forecasting models
• Experience producing variance analysis with a written explanatory narrative, not variance columns alone
• Strong financial statement knowledge and an understanding of the structure of a credit union or bank balance sheet and income statement
• Working knowledge of interest rate risk, deposit behavior, and loan prepayment behavior, and how each affects a forecast
• Demonstrated ownership of a recurring deliverable through a full production cycle, including reconciliation and integrity checks, whether manual or automated
• Bachelor's degree in finance, accounting, economics, business administration, or a related field
• High proficiency in Microsoft Excel, including complex formulas, PivotTables, and other methods of working with large datasets
• Experience with a budgeting and forecasting platform
• Familiarity with SQL and the ability to write queries against a core or data warehouse extract
• Experience with a general ledger system, including retrieving account-level detail and reconciling a report to it
• Ability to specify a deliverable before producing it: the objective, the check that proves the result correct, and the ordered steps
• Understanding of how datasets are structured, including what uniquely identifies a record and how combining two sources can duplicate or drop records
• Understanding of why a repeatable process must produce the same result when run twice, and of the controls that prevent double-counting or overwriting a prior period
• Ability to describe an error in terms of the expected result, the observed result, and where the two diverge
• Ability to document a recurring process well enough that another team member can run it without help
• Sound judgment in handling member-level data, including recognizing when aggregated figures will do instead of identifiable records
• Excellent interpersonal, verbal, and written communication skills, with a friendly and professional demeanor
• Ability to present analytical results to audiences without a finance background, including the Board of Directors
• Composure under deadlines that demand extreme accuracy, and the ability to juggle multiple, changing priorities
• A high level of integrity, the highest level of discretion on confidential matters, and the ability to work independently or as part of a team
• MBA, CFA, CMA, or Certified Corporate FP&A Professional
• Experience with data visualization software such as Power BI or Tableau

Benefits

• Remote and Hybrid Option is available

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