Sr Expense Analyst FP&A

Job Overview

Pen Fed is hiring a (Hybrid) Sr. Expense Analyst‑FP&A at our Tysons, Virginia location. The Sr. Expense Analyst will act as an advisor to management across Pen Fed, providing guidance and influence to align departmental spending with Pen Fed’s strategic goals. In this role, you will partner with management to provide high‑impact analysis that translates expense trends into executive‑level narratives that drive bottom‑line improvements, enhancing the value we provide our members.

The Sr. Expense Analyst will focus on scalability by leveraging automation tools to streamline recurring reporting, allowing more time for deep‑dive analysis. The Sr. Expense Analyst is a self‑starter who is not only analytically strong but a confident communicator capable of transforming complex data into actionable business insights for senior leadership.

Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions of this job unless doing so would cause a direct threat or undue hardship to the company.

• Analyze and forecast expenses to enable senior‑level management to make effective decisions. Forecasting activities include producing monthly estimates, a midyear forecast, and an annual plan.
• Produce and present monthly reporting for review with senior‑level team members of Pen Fed Business Units, helping them to understand results and providing insight into variance analysis as needed.
• Manage relationships with technology and risk management departments, partnering with these organizations to forecast and manage expenses.
• Identify and track risks and opportunities, running scenarios as necessary, to enable business partners to make fully informed decisions and proactively manage their earnings.
• Load data into the EPM system and check for accuracy.
• Identify ways to improve and automate reporting, create and track new reporting, performance metrics, and KPI’s to help business units track their results.
• Use existing systems and collaborate with stakeholders to improve forecasting and reporting capabilities.
• Create and maintain expense, forecast, and budgeting models.
• Participate in FP&A of the Future to drive continuous and long‑term improvements, including working with the FP&A team to help implement and enhance the new EPM system (One Stream).
• Mentor and coach analysts on best practices, analysis, and model‑building.

• Bachelor’s degree in finance, related field, or the equivalent combination of training, education, and experience is required.
• Master’s degree in accounting, finance, related field, or the equivalent combination of training, education, and experience is preferred.
• Minimum of three (3) years of relevant professional experience in consulting, financial services, banking, or credit unions.
• Strong data analysis skills and experience working with large datasets are required.
• Expert Excel skills and strong PowerPoint skills are required.
• Knowledge of coding, data visualization, and analysis packages is preferred (e.g., SQL, Python, R, Tableau, Power Query, Power BI).
• Attention to detail and accuracy is a must.
• Intermediate research, analytical, and problem‑solving skills.
• Excellent communication skills to help the team articulate results to senior management.
• Ability to work independently and in a team environment.

This position will not supervise employees.

There are no additional certifications required.

While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise.

Most roles require working in an office setting with moderate noise and the ability to lift 25 pounds.

Ability to travel is not required.

At Pen Fed, we offer a robust benefits package designed to support you both personally and professionally. You’ll have access to comprehensive health, dental, and vision plans; paid time off; and family‑friendly benefits like paid parental leave, care support, and fitness‑center access. Financial wellness is encouraged through features like a 401(k) match, employee‑loan discounts, and fully paid life…