Expense Analyst, FP&A

Job Overview

Pen Fed is hiring a (Hybrid) Expense Analyst, FP&A at our Tysons, Virginia location. The 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. This role requires partnering 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 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. This is not intended to be an all-inclusive list of job duties, and the position will perform other duties as assigned.

• 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. Provide 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 One Stream 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.
• Maintain and update expense, forecast, and budgeting models.

• 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 two (2) years of relevant professional experience in consulting, financial services, banking, or credit unions.
• Strong data analysis skills are required.
• Strong Excel and PowerPoint skills required.
• Knowledge of coding, data visualization and analysis packages is preferred (e.g. SQL, Python, R, Tableau, Power BI, Power Query)
• Attention to detail and accuracy is a must.
• Intermediate research, analytical, and problem-solving skills
• Excellent communication skills to help team articulate expense results to senior management.
• Ability to work independently and in a team environment.
• Experience using AI tools is preferred.

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.

The anticipated starting salary range for this role is $52,200.00 - $93,112.00

This position is eligible for an organizational performance based annual bonus, subject to board discretion and approval.

This position is eligible for an individual performance based annual bonus.

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 and disability coverage.

We also support growth via education assistance, community involvement, and volunteer opportunities.

Helping members achieve their dreams since 1935. Pentagon Federal Credit Union (Pen Fed) is one of America's largest federal credit unions, serving 2.8 million members worldwide with $29 billion in assets. Pen Fed offers market-leading certificates, checking and savings, credit cards, personal loans, mortgages, auto loans,…