Financial Planning (Hybrid/Onsite Live Oak, TX)

Randolph Brooks Federal Credit Union; Texas; On-site; USD 45,000 - 62,000; Full time

Benefits offered by this job

401(k) with matching

Medical, vision & dental

Tuition reimbursement

Pharmacy discount programs

FSA / HSA options

Job summary

Randolph-Brooks Federal Credit Union in Live Oak, Texas is seeking an entry-level Financial Analyst to support financial reporting and analysis for management.

You will prepare journal entries, reconciliations, budgets, and profitability analysis, collaborating with teams across the credit union. A Bachelor's degree in Finance or Accounting and proficiency with Microsoft Office 365, especially Excel, are required.

Qualifications

• Bachelor’s degree in Finance, Accounting, or related field.
• Less than one year of job-related experience.
• Solid understanding of GAAP fundamentals.
• Ability to work independently and in a team environment.
• Proficiency with Microsoft Office 365, especially Excel.

Responsibilities

• Produce financial, statistical, and operational analyses for management.
• Prepare monthly journal entries for general ledger accounts.
• Prepare routine reconciliations to support ending balances.
• Assist in semi-annual operating and capital budgets.
• Analyze profitability drivers across departments and products.
• Aggregate investment data for accounting purposes.
• Support quarterly Call Report and other regulatory reports.
• Collaborate with business units and Finance teams on projects.

Skills

GAAP fundamentals

Excel

Office 365

Independent work

Education

Bachelor's degree in Finance/Accounting

Job description

Established in 1952, Randolph-Brooks Federal Credit Union is a full-service financial cooperative whose mission is to improve members’ economic well-being and quality of life. With assets exceeding $19.6 billion, RBFCU serves more than 1.1 million members at branches throughout Texas and Oklahoma, and online at rbfcu.org and the RBFCU Mobile® app.

Recognized for financial stability, our credit union has consistently received the highest ratings of “Five Star” and “Superior” from respected organizations that evaluate financial institutions in the United States.

We’re frequently recognized as one of the best workplaces on a local and national level.

This position is for our ASC location, (main campus) located at: 1 Ikea-RBFCU Pkwy, Live Oak, TX 78233.

Essential Functions and Responsibilities:

Financial Reporting and Analysis:

• Produce various financial, statistical, and operational analysis as requested by management or other departments in the Credit Union.
• Analyze financial results, perform variance analysis, and identify key trends.

Reconciliation and Transaction Monitoring:

• Prepare and process monthly journal entries on moderately complex general ledger accounts such as borrowings.
• Prepare routine account reconciliations to support ending balances.

Budget and Profitability Reporting and Analysis:

• Assist in the preparation of semi-annual operating and capital budgets.
• Conduct analysis to measure key drivers of profitability across departments and products.
• Help prepare and maintain profitability reports for senior management and the board.

Other Deliverables:

• Assist in the aggregation of investment data for accounting purposes.
• Perform peer review/reconciliations of other financial reports to ensure data integrity.
• Assist in the preparation and construction of the quarterly Call Report and other regulatory reports.
• Perform close review, analysis, and monthly/quarterly/year-end reporting processes.

Collaboration and Communication:

• Collaborate effectively with business units across the Credit Union as well as other teams in Finance on recurring and ad hoc projects.
• Demonstrate flexibility and the willingness to work closely within a team environment.
• Work independently on assigned work and in a group environment.
• All other duties as assigned (note: essential functions and responsibilities may change, or new ones may be assigned at any time with or without notice).

Requirements:

• Bachelor’s degree in Finance, Accounting, or related field
• Less than one year of job-related experience
• Demonstrates a solid understanding of GAAP fundamentals including the ability to analyze and interpret financial statements
• Capable of working independently on assigned work and in a group environment
• Strong knowledge of Microsoft Office 365 suite with proficiency in excel

Preferred:

• Working knowledge of how a financial institution operates

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

RBFCU is proud to offer a comprehensive benefits package, including:

• 401(k) with matching incentives — up to 10 percent
• Medical, vision and dental benefits available to employees and their families from the first day of employment
• Tuition reimbursement plans
• Pharmacy discount programs
• Flexible Spending (FSA), Health Savings (HSA) and Dependent Care account options