FP&A Business Partner

PSECU Pennsylvania State Employees Credit Union; United States; Hybrid; USD 90,000 - 120,000; Full time

Job summary

PSECU is seeking a Finance professional to join as an FP&A Business Partner who provides insights and financial analysis to various lines of business. The role emphasizes budgeting, forecasting, reporting, and strategic financial planning.

Collaborate with business partners to drive improvements, evaluate business cases, and support long-range financial plans. Hybrid work schedule with on-site and remote work expectations in the US.

Qualifications

• Bachelor's in Accounting, Finance, or related field; MBA preferred.
• Advanced Excel skills required for financial modeling and reporting.
• Comprehensive knowledge of financial principles and planning.
• Strong analytical, communication, and problem-solving abilities.

Responsibilities

• Prepare annual budgets, operating plans, and routine forecasts with business lines.
• Develop tools to support driver-based planning and long-term forecasting.
• Analyze actual performance vs plans and explain variances to partners.
• Perform scenario, sensitivity, and what-if analyses for decision making.
• Prepare financial analyses for business cases, ROI, NPV, IRR, and cost savings.

Skills

Advanced Excel

Financial modeling

Forecasting

Analytical thinking

Communication

Problem solving

Education

Bachelor's in Accounting

Bachelor's in Finance

MBA

Tools

Excel (Advanced)

Job description

Members Achieve More isn't just a tagline for us, it's part of everything we do! We're looking for passionate individuals to join our team to help us maintain that focus every day. Want to work somewhere that's remained strong for 90 years, that encourages you to learn, grow, and pursue your dreams? If yes, then read on...

The FP&A Business Partner provides valuable insights and financial analysis to the lines of business to be used for strategic decision making. Collaborates with the lines of business to drive continuous improvement in reporting, forecasting, planning and financial analysis, and provide support to the lines of business for all financial analysis and planning related activities. Evaluates and analyzes business case requests and provides recommendations on how to proceed. Performs work under minimal supervision. Handles complex issues and problems and refers only the most complex issues to higher-level staff. Possesses comprehensive knowledge of subject matter. Provides leadership, coaching, and/or mentoring to a subordinate group. May act as a lead or first-level supervisor.

Schedule: Monday - Friday, 8:00am -4:00pm. This position will be a hybrid model both in person and remote with minimum of onsite expectation of 40% or as needed.

Planning & Forecasting:

• Prepare annual budgets, operating plans, and routine forecasts in consultation with the lines of business.
• Develop and maintain tools to assist with driver-based planning.
• Partner with lines of business to prepare long-term financial forecasts to plan ahead for future contract renewals, software replacements, etc.

Financial Reporting & Analysis:

• Prepare reporting and analysis of actual performance compared to operating plans for line of business partners.
• Clearly articulate themes and performance drivers, and review with lines of business to ensure root causes of variances are understood.
• Make recommendations to enhance business performance and adjust forecasts as necessary.

Scenario Analysis:

• Perform sensitivity, scenario, and what-if analysis.
• Assess financial impact of changes to business operations, new business opportunities, or acquisitions.

Business Case Review:

• Prepare the financial analysis of business case requests and ad hoc analyses, to be used for decision making.
• Prepare and/or review financial analysis to include ROI, NPV, IRR, cost savings, revenue analysis, etc.
• Partner with lines of business to facilitate business case process.

Partnership & Collaboration:

• Serve as the trusted financial partner for lines of business by providing support, analysis, and insights to assist with informed decision making and long-term financial plans.

Other duties as assigned.

Qualifications:

• Bachelors: Accounting, Bachelors: Finance, Bachelors (Required), MBA 4 to 6 years’ experience in Finance, Financial Planning & Analysis, or Accounting.
• Required Advanced Excel Skills
• Required Any equivalent combination of experience and education.
• Required Comprehensive knowledge of financial, accounting, and economic principles. Advanced analytical and financial modeling skills. Critical thinking and problem solving skills Strong communication, story-telling, and people skills.
• Required Certified Corporate Financial Planning & Analysis Professional (FPAC) - N/A

In 1934, 22 ordinary people pooled $90 of their own money and formed PSECU, a not-for-profit credit union, to provide a better life for themselves and their families. Since then, PSECU has grown to over $8 billion in assets, more than 590,000 members, and approximately 850 employees. We’ve been recognized by several organizations for our high-quality, low-cost financial products and services, positive member experience, and commitment to helping our Members Achieve More.