Financial Planning and Analysis Associate

Allegacy; Winston-Salem (NC); On-site; USD 70,000 - 100,000; Full time

Job summary

Allegacy Financial is seeking a Financial Analyst to assist in financial, statistical, analytic and asset/liability management functions. You will support the IRR model, develop budgets, and help produce routine financial reports and presentations.

The role emphasizes strong analytical abilities, advanced Excel skills, and effective communication to present complex financial information and drive strategic recommendations.

Qualifications

• Must possess strong analytical skills and good judgment.
• Must be a self-starter capable of working with minimal supervision.
• Must have urgency and strong work ethic.
• Able to manage multiple tasks concurrently.
• Ability to generate/analyze data with advanced financial analysis techniques.
• Excellent written and verbal communication of complex financial information.
• Proficient in MS Excel including macros; database skills required.
• Willingness to learn new skills and take on more responsibilities.
• Must be able to work overtime as needed.
• Eligible to be bonded.

Responsibilities

• Deliver outstanding service to internal and external members consistent with Service Promises.
• Exercise critical thinking to understand processes and identify opportunities.
• Support Senior Financial Analyst in maintaining IRR model.
• Collaborate to ensure modeling assumptions are accurate and drive strategic actions.
• Analyze financial information and advise based on best practices aligned with company goals.
• Assist with development of organizational budgets.
• Contribute to cross-functional projects and teams.
• Plan and monitor timelines to meet reporting deadlines.
• Prepare information for routine financial reports, analysis, and presentations.
• Monitor key performance metrics and communicate insights to management.
• Perform trend and variance analysis, modeling, and what-if scenarios.
• Build relationships across Allegacy Financial as a business partner.
• Manage special project assignments as requested.
• Assist coordination with NCUA examiners and external auditors.
• Monitor and reconcile investment portfolio.

Skills

Analytical skills

Strong communication

Self-starter

Time management

Financial analysis techniques

Multi-tasking

Ability to work overtime

Bonding eligibility

Education

Tools

MS Excel (macros)

Database skills

Job description

Description

General Accountability

The primary purpose of this position is to assist Allegacy Financial in living out its mission, “to help you make smart financial choices”. To achieve this goal the employee must provide outstanding service to both internal and external members. This position conducts financial, statistical, analytical, and asset/liability management functions and performs complex budgetary functions.

Specific Accountabilities

• Deliver outstanding service to both internal and external customers that meets or exceeds our Service Promises
• Exercise critical thinking to understand current processes and identify areas of opportunity
• Support Senior Financial Analyst in maintaining the credit union’s in-house Interest Rate Risk (IRR) model
• Work closely with Senior Financial Analyst to ensure accuracy of modeling assumptions and potential strategic actions
• Analyze financial information and make recommendations based on best practices that are consistent with short/long term goals of the company
• Assist with the development of budgets for the organization
• Work on cross-functional projects and/or teams
• Plan and monitor timelines to meet strict deadlines for internal and external reporting requirements
• Gathers, compiles, and prepares information for routine financial reports, analysis, and presentations
• Monitor and track key performance metrics/indicators and reporting to management, including proactively highlighting success while identifying areas of improvement with possible alternatives
• Perform trend and variance analysis, modeling and what-if scenarios to assist in reaching strategic goals
• Establish relationships with all areas of Allegacy Financial to be viewed as a business partner
• Manage special project assignments as requested
• Assist in coordination and communication with NCUA examiners and external auditors
• Monitor and reconcile investment portfolio

Knowledge, Skills and Abilities

• Strong analytical skills; must possess the ability to make quick decisions and use good judgment
• Must be a self-starter who can work with minimal supervision, with the expectation of working as a motivated and cooperative team member
• Must possess a high sense of urgency and work ethic
• Must be able to manage multiple tasks concurrently
• Must have ability to generate and analyze research data including an advanced knowledge of appropriate financial analysis techniques
• Strong communication skills including ability to effectively express complex ideas and highly technical financial information verbally and in writing in an understandable manner
• Must demonstrate high level skills in MS Excel, including macros
• Database skills required
• Willingness and ability to learn new skills and take on additional responsibilities
• Ability to work overtime as needed
• Eligibility to be bonded