Financial Analyst

Talentify; Mason City (IA); Hybrid; USD 60,000 - 90,000; Full time

Job summary

First Citizens Bank is seeking an experienced accounting professional to uphold the bank's mission by analyzing financial status through data collection, monitoring, and analysis. The role emphasizes integrity and accuracy in financial reporting and payable processing.

Responsibilities include financial analysis & performance reporting, accounts payable processing, and supporting daily cash management along with special projects, all while maintaining confidentiality and compliance with

Qualifications

• Bachelor's degree in accounting preferred.
• CPA designation preferred.
• Two years accounting or banking experience preferred.
• Ability to learn new computer software programs.

Responsibilities

• Analyze financial trends and performance; prepare and reconcile reports for management and auditors.
• Process accounts payable invoices, verify transactions, schedule disbursements, and manage payments.
• Support daily cash position and undertake special projects; ensure compliance and security.

Skills

Integrity

Attention to Detail

Math Reasoning

Cooperation

Judgment & Decision

Organizing & Planning

Critical Thinking

Monitoring

Systems Analysis

Education

Bachelor's degree in accounting

CPA designation

Two years accounting experience

Job description

POSITION SUMMARY

Upholds FCB's mission, by analyzing financial status through the collection, monitoring, and studying of data. This position requires a thorough knowledge of standard accounting systems, generally accepted accounting principles, and financial analysis.

ACCOUNTABILITIES

Financial Analysis & Performance Reporting: 45%

• Identifies financial trends and performance by comparing actual results to plans and forecasts, and prepares and reconciles reports across multiple categories for distribution to management at all levels.
• Participates in the preparation of monthly, quarterly, and annual financial statement preparation for management, outside auditors, and regulators.

Accounts Payable: 45%

• Processes and maintains the accounts payable invoice system for paying invoices by verifying transaction information, scheduling and preparing disbursements, and obtaining authorization of payment.
• Maintains a database of vendors including payment information and generates 1099s for vendors.
• Coordinate the collection and organization of vendor due diligence documentation, including financial statements and SOC reports, and assist in review to support accounting and compliance requirements.
• Processes and maintains the prepaid and auto entry system of accounting.

Other: 10%

• Performs back up to FCB's daily cash position and daily reconciliations.
• Performs special projects as assigned.
• Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies.
• Maintains customer confidence and protects bank operations by keeping information confidential.
• Contributes to team effort by accomplishing related goals, as needed.
• Participates in civic and community activities to generate visibility and contact for the bank.
• Attends mandatory compliance and security sessions. Monitors daily work for adherence to compliance and security regulations, policies/procedures, and promptly corrects any deficiencies.

COMPETENCIES

Integrity/Confidentiality

• Demonstrates the ability to hold confidential information and displays honesty and high ethical standards.

Attention to Detail/Accuracy

• Is careful, exact, and free from mistakes and errors. Adheres closely to a set of standards.

Mathematical Reasoning

• Demonstrates the ability to choose the right mathematical methods or formulas to solve a problem.

Cooperation

• Is pleasant with others on the job and displays a good-natured, cooperative attitude.

Judgment/Decision Making

• Considers the relative costs and benefits of potential actions to choose the most appropriate one.

Organizing, Planning & Prioritizing Work

• Develops specific goals and plans to prioritize, organize, and accomplish work.

Critical Thinking

• Uses logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.

Monitoring

• Monitors/assesses performance of yourself, other individuals, or organizations to make improvements or take corrective action.

Systems Analysis and Evaluation

• Determines how a system should work and how changes in conditions, operations, and the environment will affect outcomes. Identifies measures or indicators of system performance and the actions needed to improve or correct performance, relative to the goals of the system.

ENVIRONMENTAL CONDITIONS

• Work is performed primarily indoors in an office setting.
• Remote work may be available upon supervisor approval.

PHYSICAL AND MENTAL DEMANDS

• Position accountabilities are typically performed while sitting for most of the day. The physical and mental demands of this position are representative of those that must be met by an employee to successfully perform the essential position accountabilities. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential position and accountabilities. First Citizens Bank reserves the right to review each requested accommodation and determine if it poses an undue hardship.

KNOWLEDGE, SKILLS AND ABILITIES

• Bachelor's degree in accounting or related field preferred.
• CPA designation preferred.
• Two years accounting or banking experience preferred.
• Ability to learn new computer software programs necessary.
• Demonstrated effective written and verbal communication skills required.
• Knowledge of and ability to cross-sell FCB products and services to customers-such as the ability to identify customers' needs, communicate services, explain advantages, and close sales activity.
• Skill in working with the public, presenting a professional image of the bank, and servicing prospective and current customer inquiries, requests, and complaints.
• Knowledge of current compliance related issues plus new and updated regulations.