Financial Analyst

Regions Bank; Birmingham (AL); On-site; USD 57,000 - 76,000; Full time

Benefits offered by this job

Paid Vacation/Sick Time

401K with Company Match

Medical, Dental and Vision Benefits

Disability Benefits

Health Savings Account

Flexible Spending Account

Life Insurance

Parental Leave

Employee Assistance Program

Associate Volunteer Program

Job summary

Regions Bank is seeking a Financial Analyst to gather, organize, analyze, and communicate financial information in support of line of business partners. You will analyze data, prepare detailed reports, and monitor unit performance against plans and budgets. Proficiency in Excel, PowerPoint, and BI tools is essential.

The role is onsite in Birmingham, AL, with regular hours and no relocation assistance. Compensation details align with market references and vary by experience and location.

Qualifications

• Bachelor's degree in Accounting, Finance, or a directly related field.
• Beginner financial analysis and modeling skills
• Good attention to detail
• Good quantitative and technical aptitude
• Good verbal and written communication skills
• Intermediate PowerPoint and Excel skills
• Working knowledge of financial statements

Responsibilities

• Analyze, consolidate, and interpret financial data.
• Assist in preparation of detailed reports and presentations for management.
• Monitor business unit financial performance against plans, forecasts, and budgets.
• Consolidate operating and financial projections for short-term and long-term plans.
• Support Cost (DNIE) studies and variance analysis.
• Provide Financial Manager support with LOB partners.
• Assist with monthly and annual budget processes and validations.
• Utilize BI tools (Excel, SQL Developer, Essbase, Qlik) to support analyses.

Skills

Financial analysis

Attention to detail

Quantitative aptitude

Communication skills

Financial statements knowledge

Education

Bachelor's degree in Accounting, Finance, or related field

Tools

Power BI

Tableau

Qlik

SQL Developer

Excel

PowerPoint

Oracle Hyperion Essbase

Job description

Job Description

At Regions, the Financial Analyst gathers, organizes, analyzes, and communicates relevant financial information in support of line of business partners.

Primary Responsibilities

• Analyzes, consolidates, and interprets financial data
• Assists in the preparation of detailed reports and presentations for review by all levels of management
• Assists in monitoring business unit financial performance against plans, forecasts, and budgets
• Assists in consolidating a wide range of operating and financial projections for the development of both short-term and long-term business plans

This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.

Requirements

• Bachelor's degree in Accounting, Finance, or a directly related field

Skills and Competencies

• Beginner financial analysis and modeling skills
• Good attention to detail
• Good quantitative and technical aptitude
• Good verbal and written communication skills
• Intermediate PowerPoint and Excel skills
• Working knowledge of financial statements

Additional Responsibilities

• General understanding of Support Cost (aka Support Expense) results and how the Cost Team transforms Direct NIE into Support Costs.
• Cost Studies: Perform new studies, updates, and maintenance. Monitor charges/recoveries, perform variance analysis, and business analytics.
• General Financial Manager and Financial Analyst support with Line of Business partners.
• Monitoring of changing organizational and expense account hierarchies via monthly RDMWG (Reporting Dimension Management Working Group).
• Support of annual budget process: defining study group/area hierarchies, defining Direct Non-Interest Expense (DNIE) pools, confirming volume assumptions, aligning shared service (HR, Technology, Facilities, Cyber Security) expense pools to appropriate study groups, pushdown validation, and results validation.
• Support of monthly actual processing via multiple validations: volumes, rate times volume, recoveries/residual, and checking for backdated entries.
• Support of multiple forecast processing cycles: similar to budget process with a minimal turnaround time.
• Utilization of BI Tools (primarily Excel, SQL Developer, Essbase, and Qlik) to support aforementioned responsibilities.

Additional Skills

• Expert level Excel 365 skills (index, match, arrays, v and x functions, pivot tables, charts, VBA, complex nested functions), Oracle Hyperion Essbase.
• Mid-level SQL coding capabilities for Oracle, SQL Server, Data Lake and other database platforms which serve as data repositories for transactional volumes, financial, and profitability information for cost processes and cost results.
• Ability to work with large volumes of data using appropriate tools (Management Studio, SQL Developer, QLIK, Tableau) to create consumable business information and insights.
• Functional capabilities using/programming BI Tools (Tableau, Qlik, Power BI, etc.)

This position is intended to be onsite, now or in the near future. Associates will have regular work hours, including full days in the office three or more days a week. The manager will set the work schedule for this position, including in-office expectations. Regions will not provide relocation assistance for this position, and relocation would be at your expense.

This position may be filled at a higher level depending on the candidate’s qualifications and relevant experience.

Regions will not sponsor applicants for work visas for this position at this time. Applicants for this position must be currently authorized to work in the United States on a full-time basis.

Position Type

Full time

Compensation Details

Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.

Job Range Target

Minimum:
$56,651.65 USD

Median:
$76,470.00 USD

Incentive Pay Plans

This job is not incentive eligible.

Benefits Information

• Paid Vacation/Sick Time
• 401K with Company Match
• Medical, Dental and Vision Benefits
• Disability Benefits
• Health Savings Account
• Flexible Spending Account
• Life Insurance
• Parental Leave
• Employee Assistance Program
• Associate Volunteer Program

Location Details

Regions Center

Location: Birmingham, Alabama

Equal Opportunity Employer/including Disabled/Veterans

Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.