4484 Gulfport Ms Financial Analyst Ii

JOIN THE KEESLER FEDERAL CREDIT UNION TEAM!

Keesler Federal Credit Union team members enjoy competitive salaries and a wide range of benefits, some of which include:

• Medical, dental, and vision insurance
• Section 125 Flexible Spending Accounts for Health Care and Dependent Care expenses
• Employee and Dependent Life Insurance
• 401(k) Retirement Plan with 100% match on the first 5% contributed by you
• Paid Leave
• Tuition Reimbursement and Competitive Scholarships
• Short Term & Long Term Disability Benefits 

WE CURRENTLY  DO NOT SPONSOR WORK RELATED VISAS  

Position:          Financial Analyst II

Department:   Accounting

Reports to:     Vice President – Accounting & Finance

FLSA:             Exempt                                                       

SUMMARY:

The position of Financial Analyst II is responsible for assisting the Senior Financial Analyst in ALM model management, assistance with annual budget preparation, regular forecasting/variance reporting, liquidity forecasting, cost/benefit analysis and profitability determination.

SUPERVISORY RESPONSIBILITIES:

None

ESSENTIAL FUNCTIONS:

• Assists in overseeing the accuracy of the interest rate risk simulation model, verifying accuracy, reasonableness and consistency of data and assumptions.  Responsible for the maintenance of assumptions and model inputs in ALM, Profitability and CECL software.
• Effectively work with external third parties involved in the ALM process and assumptions as applicable to ensure accurate and timely results.
• Assisting in monitoring the reporting schedule (Board, I-ALCO and ALCO) and ensures timely report preparation.
• Assist in preparing the ALLL monthly analysis and monthly entries.
• Acts as expert in understanding ALM data and the software programs used to produce management reports.
• Understands the credit union’s assets, liabilities, and financial objectives and insures that reporting requirements specified in the credit union’s ALM, investment and liquidity programs are met.
• Work with various departments in order to collect data, interpret data, and help manage the interest rate risk of the organization.
• Monitors the ongoing liquidity position of the credit union.  Identifies events and trends and produces liquidity forecasting reports.
• Assist in preparation of annual budget, including balances sheet and income statement forecasts and assembly of budget as needed.  Assist in compilation of budget information from various departments.
• Provide reporting and analysis to departments as needed including variance reports, forecasting reports and various ad hoc reports requested.
• Prepares accurate and timely reports and analyses setting forth progress, adverse trends, and appropriate recommendations or conclusions.
• Works with the Vice-President of Accounting and Finance or Senior Financial Analyst to produce ad-hoc financial reports and charts.
• Build and maintain appropriate profitability and product yield reporting.
• Able to assist in the preparation of the 5300 Call Report and monthly financial statements.
• Maintains adequate documentation of reports produced and sources of data to meet the requirements of auditors and examiners.
• Provides recommendations to improve financial analysis and reporting process.
• Prepare various general ledger reconciliations as assigned.
• Prepares and updates financial management policies and/or procedures. 

1. ALLL
2. Investment
3. ALM
4. Liquidity
5. Business Deposit
6. Over Draft
7. Non- Deposit Investments

• Responsible for compliance with all Federal regulations including Bank Secrecy Act (BSA) and Office of Foreign Assets Control (OFAC)

KNOWLEDGE AND SKILLS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.  The requirements listed below are representative of the knowledge, skills and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education:

• BS or BA in a relevant field of study (Accounting, Finance, Economic, General Business or equivalent).  A Certified Public Accountant is preferred. 

Experience and Other Requirements:

• Three years to five years of similar or related experience in financial institution risk management or related field.
• Excellent analytical ability and ability to conduct thorough research, interpret and understand laws and regulations, and provide workable recommendations and solutions to problems.
• Knowledge of credit union operations or financial institutions preferred.
• Must possess the ability to handle multiple, conflicting deadlines.
• Must possess the ability to interact positively with all levels of the organization, including Management, the Board, other Volunteers, coworkers, and the public to promote a team effort and maintain a positive attitude even under extreme pressure.
• Excellent oral, written, telephone, organizational and interpersonal communication skills required.

Interpersonal Skills

• Courtesy, tact, and diplomacy are essential elements of the job.  Work involves much personal contact with others inside and/or outside the organization for purposes of giving or obtaining information, building relationships, or soliciting cooperation.

 Computer Skills:

• Extensive use of personal PC required with advanced proficiency in Microsoft applications, including Word, Excel, and PowerPoint.
• Must be proficient using e-mail and the internet.

Certificates, Licenses and Registrations:

None required, but CPA or MBA preferred

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to sit, stand, walk; talk and hear; use hands to finger, handle or feel objects, tools or controls; and reach with hands and arms.  The employee is occasionally required to stoop, kneel, or crouch; and lift and/or move up to 20 pounds. 

WORK ENVIRONMENT

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Extensive use of personal computer is required.  The noise level in the work environment is usually that of a normal office environment. 

DECLARATION

The Human Resources Department retains the sole rights and discretion to make changes to this job description.