Financial Analyst ; On-Site Baytown, Tx

Financial Analyst I (On‑Site) Baytown, Tx

Full Time Baytown, TX, US

Salary Range: $25.41 To $31.76 Annually

The Junior Financial Analyst is responsible for preparing the operating budget, maintaining profitability models, reporting program analysis, and conducting ad hoc reporting as needed. Provide prompt, accurate, and courteous service to all internal members (co-workers). Adhere to all policies, procedures, State Laws, and Regulations.

• 25% Gathers and prepares the monthly ALCO presentation and supporting documentation. Prepares and submits quarterly ALM data files to third‑party vendors. Responds to ad hoc data requests from senior management and department heads. Performs trend analysis and variance reporting. Ensures accuracy and completeness of all reporting materials.
• 25% Effectively works with department managers and senior management to prepare the annual budget. Provides recommendations for loan and deposit growth. Compiles organization data, analyzes historical results and evaluates economic and market conditions to prepare forecasts and projections. Prepares what‑if modeling for the annual strategic planning session and as needed for the executive team.
• 20% Researches monthly operating budget variance and monitors cost analysis for new projects. Provides variance explanations to management. Participates in quarterly budget variance meetings with managers.
• 20% Updates and maintains the credit union's branch, product, and member profitability models, assumptions, allocations, and funds transfer pricing accuracy. Prepare and distribute profitability reports to department managers and the senior leadership team. Participates in Retail Management Profitability meetings.
• 5% Compiles and submits collateral files monthly to secure lines of credit. Assists with the Federal Reserve Bank and the Federal Home Loan Bank audits.
• 5% Performs all other duties as assigned by Director of Finance.

One year to three years of similar or related experience.

(1) A bachelor's degree, or (2) achievement of formal certifications recognized in the industry as equivalent to a bachelor's degree (e.g., information technology certifications in lieu of a degree).

Work involves much personal contact with others inside and/or outside the organization for the purpose of first‑level conflict resolution, building relationships, and soliciting cooperation. Discussions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication.

Superior computer skills with advanced knowledge in Excel and PowerPoint. Project management skills for managing long‑term projects to timely and successful completion. Performs all aspects of work with a high degree of effectiveness, efficiency, and accuracy. Understanding of GAAP (Generally Accepted Accounting Principles).

While performing the duties of this job, the employee is regularly required to use hands or fingers, handle or feel; reach with hands and arms; talk and hear. The employee frequently is required to stand, walk, and sit. Specific vision abilities required of this…