Financial Analyst

CoBank; Greenwood Village (CO); Hybrid; USD 67,000 - 76,000; Full time

Benefits offered by this job

Hybrid work model

Medical, Dental and Vision coverage

Tuition reimbursement

401k matching

Volunteer days

CoBank University training

GEM awards

Job summary

CoBank, a cooperative bank serving rural America, is seeking a Lead Financial Analyst support role. The position focuses on financial research, reporting, budgeting, and ad-hoc analyses to help meet bank objectives.

The role involves preparing complex financial reports, validating data from source systems, and collaborating with loan operations teams to ensure accuracy and timeliness of reporting deadlines.

Qualifications

• Bachelor's Degree required.

Responsibilities

• Prepares complex financial reports and analysis to support reporting activities and profitability trends.
• Supports monthly review and budget-to-actual variance analysis.
• Validates loan and leasing data for completeness and accuracy in reporting.
• Performs monthly and year-end reconciliations and resolves data discrepancies across systems.
• Develops ad-hoc reporting to meet division and senior management needs.
• Provides timely profitability and project reports using allocation methodologies.

Education

Bachelor's Degree

Job description

Benefits Overview

A career at CoBank can offer you the opportunity to make a personal impact on the people and communities where we do business. In order to be the best, we hire the best!

Benefits Offered by CoBank

• Careers with a purpose
• Time-Off Packages, 15 days of vacation, 10 paid sick days and 11 paid holidays
• Competitive Compensation & Incentive
• Hybrid work model: flexible arrangements for most positions
• Benefits Packages, including Medical, Dental and Vision coverage, Disability, AD&D, and Life Insurance
• Robust associate training and development with CoBank University
• Tuition reimbursement for higher education
• Outstanding 401k: up to 6% matching and additional 3% non-elective contribution & Student Loan Match
• Community Impact: United Way Angel Day, Volunteer Day and Associate Directed Contribution
• Associate Resource Groups: creating a culture of respect and inclusion
• Recognize a fellow associate through our GEM awards

Job Description

Supports Lead Financial Analyst in financial analysis, report, and ad-hoc analysis. Conducts financial research and analysis using established methods and procedures to support accurate financial data for use in determining, tracking, and realizing overall bank financial objectives. Supports the monthly analysis and annual budgeting process.

Essential Functions

• Prepares complex financial reports and analysis which support financial reporting activities, including segment analysis, budget development, and profitability related trend analysis.
• Supports the Lead Analyst in the monthly review and analysis process to ensure accuracy of reported information and timely resolution of budget to actual variances.
• Supports the Monthly Adjusted Data process by validating loan and leasing data from source systems to ensure completeness, accuracy, and reliability for internal and external commitment exposure reporting.
• Performs pre-month and month-end reconciliations, researches and resolves data discrepancies across systems, and communicates regularly with loan operations and leasing teams to address potential downstream reporting issues and meet established reporting deadlines.
• Supports the preparation and maintenance of information used by divisions in evaluating the state of the business. Proactively identifies key metrics and indicators of business trends. Develops ad-hoc reporting/analysis as needed based upon division and senior management needs.
• Provides technical research and analysis to provide definitive financial data and advice for use in determining, tracking and realizing overall bank financial objectives.
• Provides management with timely and accurate profitability accounting reports and project reports, applying allocation methodologies as appropriate.
• Performs standard monthly business processes including maintenance of desk procedures.
• Maintains knowledge of industry conditions and trends that could impact the bank.
• Participates in special projects, and performs other duties as assigned.

Education

• Bachelor's Degree required

Work Experience

• 1 year of relevant experience in accounting, finance, or farm credit banking required
• Prior Experience in management accounting or treasury-related experience preferred

Physical Exertion Details

Sedentary Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull, or otherwise move objects, including the human body. Sedentary work involves sitting most of the time, but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.

Travel Requirement Details

Occasional Travel occurs infrequently (typically, once a month or less).

About CoBank

The base pay range for this role is between $66,500 - $76,100. Compensation may vary based on individual job-related knowledge, skills, expertise, and experience. This position is eligible for a discretionary annual incentive program driven by organization and individual performance. The listed salary, other compensation and benefits information is accurate as of the date of this posting. This job will be posted for a minimum of five (5) business days or until the position is filled. CoBank reserves the right to adjust compensation for all positions and to modify or discontinue benefits programs at any time in its sole discretion, subject to applicable law.

CoBank is a cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states. The bank also provides wholesale loans and other financial services to affiliated Farm Credit associations serving more than 76,000 farmers, ranchers and other rural borrowers in 23 states around the country. CoBank is a member of the Farm Credit System, a nationwide network of banks and retail lending associations chartered to support the borrowing needs of U.S. agriculture, rural infrastructure and rural communities. Headquartered outside Denver, Colorado, CoBank serves customers from regional banking centers across the U.S. and also maintains an international representative office in Singapore.

REASONABLE ACCOMMODATION

We are committed to ensuring that our online application process provides an equal employment opportunity to all applicants, including qualified individuals with disabilities. If you are an applicant with a disability, or are assisting an applicant with a disability, and require accessibility assistance or would like to request a reasonable accommodation for any aspect of the application process, including completing an application, interviewing, or otherwise participating in the employee selection process, please submit a request by emailing [e-mail]. Include your contact information and specific details about your requested accommodation.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.

CoBank is an Equal Opportunity Employer.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran.