Accounting - Budget Planning and Analysis Sr Analyst

Golden 1 Credit Union; Sacramento (CA); Hybrid; USD 94,000 - 107,000; Full time

Job summary

Golden 1 Credit Union is seeking a Budget Planning and Analysis Sr Analyst to join our Accounting team. Hybrid role based in Sacramento, CA, focusing on modeling, forecasting, and multi-year financial planning.

You’ll lead complex variance analyses, support CECL/ACL processes, and partner with leaders to inform strategic decisions with rigorous financial insights. The role requires a bachelor’s in finance/accounting/business, 5+ years in FP&A or related areas, and experience in financial

Qualifications

• Bachelor’s degree in Finance, Accounting, or related field required.
• Master’s degree preferred.
• 5+ years of budgeting, FP&A, accounting or related roles required.
• Financial institution experience preferred.
• Experience with financial modeling, forecasting, and reporting processes required.

Responsibilities

• Develop, maintain, and enhance financial models to support budgeting, forecasting, scenario planning, and long-term financial projections.
• Support the development of the annual budget, periodic forecasts, and multi-year financial plans.
• Develop and maintain an integrated budgeting and reforecasting process with monthly variance reviews.
• Lead monthly and quarterly financial variance analysis and challenge assumptions to identify drivers.
• Lead the quarterly peer reporting process, including benchmarking with peer credit unions.
• Support the quarterly ACL process under CECL and validate assumptions with leadership.
• Analyze income, expenses, loans, deposits, and balance sheet activity to assess performance.
• Collaborate on monthly board reporting packages and executive performance insights.
• Ensure GAAP compliance in reporting and strengthen forecasting accuracy.

Skills

Financial modeling

Forecasting

Financial reporting

GAAP understanding

Education

Bachelor's degree in Finance/Accounting/Business

Master's degree preferred

Job description

Job Title: Budget Planning and Analysis Sr Analyst

Status: Exempt

Reports to: Mgr - Budget Planning and Analysis

Department: Accounting

Job Code: 12121

Pay Range: $93,730 - $107,000 Annually

Location: Hybrid in Sacramento, CA

Who We Are

Golden 1 Credit Union is among the top credit unions in the country. As a member-owned, not-for-profit cooperative, Golden 1 is guided by the credit union philosophy of “people helping people.” We are committed to empowering our members and uplifting our communities as we create a more equitable and financially inclusive California. We welcome all who embrace our Core Values.

Who You Are

You are a highly analytical finance professional who translates complex financial data into meaningful insights. You are experienced in financial modeling, forecasting, and performance analysis, with the ability to collaborate across teams and influence decision-making through data-driven recommendations. You demonstrate initiative, attention to detail, and a commitment to continuous improvement in financial processes, reporting, and analysis.

What You'll Do

• Develop, maintain, and enhance financial models to support budgeting, forecasting, scenario planning, and long-term financial projections.
• Support the development of the annual budget, periodic forecasts, and multi-year financial plans, ensuring alignment with financial performance, business strategies, and organizational priorities.
• Develop and maintain an integrated budgeting and reforecasting process aligned with monthly financial statement variance reviews to improve forecast accuracy and consistency.
• Lead and coordinate the monthly and quarterly financial variance analysis process, including research, validations of results, and effective challenge of assumptions to identify key drivers of performance.
• Lead the quarterly peer reporting process, including financial benchmarking and collaboration with peer credit unions, to provide insights into competitive positioning and performance trends.
• Support the quarterly Allowance for Credit Losses (ACL) process under the CECL model, partnering with the VP – Controller and BP&A Manager to validate assumptions and ensure accuracy of reporting.
• Analyze financial information including income, expenses, loans, deposits, and balance sheet activity to assess performance, identify trends, and provide actionable recommendations.
• Partner with the VP – Controller to develop monthly board reporting packages, quarterly financial presentations, and executive-level performance insights, ensuring clarity, accuracy, and strategic relevance.
• Apply a strong understanding of Generally Accepted Accounting Principles (GAAP) to ensure financial analysis and reporting are consistent with accounting standards and regulatory expectations, translating impacts into financial forecasts and insights.
• Support the preparation of KPI dashboards, management reporting, and financial analyses that enhance transparency and decision-making across the organization.
• Research economic conditions, industry trends, and financial drivers to support forecasting assumptions and scenario analysis.
• Support process improvements in financial planning, forecasting, and reporting, including enhancements to systems, data quality, and reporting efficiency.
• Assist in the administration and testing of financial planning systems, tools, and reporting processes to ensure accuracy and reliability.
• Maintain a current understanding of accounting, financial, and regulatory requirements applicable to credit union operations.
• Collaborate with business units and cross-functional teams to support financial planning activities and provide analytical support for strategic initiatives.
• Participate in projects, initiatives, and ad hoc analyses as assigned, providing financial insight and recommendations.
• Perform other duties as assigned.

Qualificiations And Preferences

• Bachelor’s Degree in Finance, Accounting, Business, or related field required
• Master’s Degree preferred
• 5+ years of experience in budgeting, FP&A, accounting, or related roles required
• Financial institution experience preferred
• Experience with financial modeling, forecasting, and reporting processes required

Why Join Us

Golden 1 Credit Union provides its employees a market-competitive and internally equitable total rewards compensation package through a variety of programs. These programs are designed to attract, motivate, and retain employees that drive and support the achievement of Our Mission, Vision, and Strategic Goals. The Credit Union is committed a total rewards philosophy built on; a comprehensive compensation package, well-being and work-life balance, career development and growth, rewards and recognition, and a commitment to Diversity, Equity and Inclusion. We believe in fostering a workplace where every employee is recognized, valued, and motivated to contribute their best.

Disclaimer/Intent And Function Of Job Descriptions

The above information on this description has been designed to indicate the general nature and level of work performed by team members within this classification. Because the nature of positions and job functions can change over time, this job description is not designed to contain or be interpreted as a comprehensive inventory of all essential functions, duties, responsibilities and qualifications requirements of team members assigned to this job. Job duties may be changed or modified in the Credit Union’s discretion. The Credit Union will keep team members updated on key functions, duties, and requirements of their position by communications from the Credit Union and by updating the job description from time to time. Any team member with questions about the nature of their job duties is encouraged to consult with their supervisor.