JOB FUNCTION / SUMMARY:

This position is responsible for conducting moderately complex financial analysis and modeling for the assigned division; provides consultation on financial performance and budgetary trends; recommends cost savings or enhancement practices as applicable.

ESSENTIAL DUTIES & RESPONSIBILITIES:

• Creates and utilizes modeling to analyze moderately complex financial actions and prepares recommendations for policy, procedure, control, or action.
• Analyzes financial information to determine present and forecast future financial performance; provides interpretation of financial trends to aid in strategic decision making.
• Performs analysis to identify division performance and budget trends recommends improvements accordingly; assists in the development and finalization of the budget, planning, and other financial requirements.
• Compiles and prepares periodic variance reports and management reviews; conducts applicable research for variances.
• Evaluates moderately complex profit plans, operating records, and financial statements to indicate return on investment or project status.
• Administers division incentive plan; tracks metrics and calculates payments; conducts correlation assessments with area performance.
• Establishes databases of pertinent information for use in analyzing future plans and forecasts.
• Makes recommendations to management regarding cost saving or profit generating opportunities and profitability improvement strategies.
• Coordinates with various levels of management to gather, analyze, summarize, and prepare recommendations regarding financial plans, new business planning, trended future requirements, and operating forecasts.
• Researches and prepares economic reports on subjects such as rate of return, depreciation, working capital requirements, investment opportunities, investment performance, and impact of governmental requirements.
• Incumbent is required to comply with all applicable federal, state, and local banking and industry related laws and regulations including but not limited to the Bank Secrecy Act.

SUPERVISORY RESPONSIBILITIES:

None