Project Financial Analyst

SECU; North Carolina; Hybrid; USD 75,000 - 110,000; Full time

Job summary

SECU is seeking a Finance Analyst to conduct rigorous project financial analysis, develop business cases for investments and contract renewals, and partner with project teams. You will monitor spend against budgets, perform variance analyses, and present actionable insights to leadership to support liquidity goals.

The role requires strong Excel/PowerPoint skills, experience with budgeting and forecasting, and the ability to work in a hybrid environment with cross-functional teams.

Qualifications

• 2 years related experience required.
• Bachelor's degree in accounting, Finance or related fields.
• Familiar with Cash and Profit & Loss analysis.
• Familiar with NPV, IRR, Payback period, ROI analysis.
• Familiar with capitalization, depreciation, amortization asset lifecycle accounting principles.
• Experience in financial budgeting, forecasting and variance analysis.
• Experience in financial analysis, preferably in project finance.
• Experience in creating various monthly reports.
• Experience in process simplification/improvements.
• Experience in financial modeling.
• Proficient in Microsoft Excel, PowerPoint, and other basic software products.
• Ability to collaborate effectively with cross-functional teams.
• Ability to work under pressure and meet tight deadlines.
• Ability to synthesize financial information into concise recommendations.
• Excellent communication and presentation skills.
• Excellent quantitative and analytical problem-solving skills.
• Exceptional attention to detail.
• Strong judgement, professional maturity and integrity.
• Strong interpersonal, verbal and written communication skills.
• Comfortable presenting to all levels of management.

Responsibilities

• 30% Perform financial analysis and create business case for projects, evaluating cash flow, NPV, IRR, payback and incremental earnings.
• 30% Perform financial analysis and create business cases for contract Renewals, including cash flow, NPV, IRR, payback and cost avoidance analysis.
• 20% Collaborate with Project Managers to ensure monthly forecast accuracy and proper expense charging; investigate discrepancies.
• 15% Perform Post Project Implementation analysis; gather spend data, timelines, and variance causes for leadership slides.
• 5% Prepare monthly project spend variance reports and manage Workday project codes as needed.

Skills

Financial analysis

Forecasting

Communication

Presentations

Cross-functional collaboration

Attention to detail

Decision support

Education

Bachelor's degree in accounting or Finance

MBA or related advanced degree (preferred)

Tools

Excel

PowerPoint

Workday

Clarity Project Management Tool

PowerBI

Job description

If you are motivated and believe in the credit union philosophy of "People Helping People," join our team!

Position Overview:

The role focuses on performing accurate project financial analysis for projects over the defined baseline amount in investments as well as analyzing financial impacts for material contract renewals. Support leadership by providing better financial data to make sound investment decisions to support SECU's liquidity goal. The role is crucial in overseeing the financial aspects of various projects for all of SECU by collaborating with cross functional teams to monitor actual project spend against approved project budget to prevent overspending.

Essential Responsibilities:

Note: Please include the weighted % for each responsibility. Each responsibility should be weighted at least 10%. This list is not intended to be exhaustive but should represent actions which lead to a business result. Please include highest priority first, descending in importance/impact. Limit responsibilities to 6 bullet points.

• 30% Perform financial analysis and create business case for projects. Understanding and comparing current to future costs in both Cash and Profit & Loss view, perform net cash flow, net present value, internal rate of return, payback period, cost avoidance and incremental earnings analysis.
• 30% Perform financial analysis and create business cases for contract Renewals. Understanding and comparing current to future costs in both Cash and Profit & Loss view, perform net cash flow, net present value, internal rate of return, payback period, and cost avoidance analysis. (Weighted %) Description of responsibility
• 20% Collaborate with Project Managers and/or project owners to ensure project forecast is accurately updated monthly. Oversee actual spend and ensure expenses are being charged towards respective projects and processed by accounting team accurately. Investigate expense discrepancies as necessary.
• 15% Perform Post Project Implementation analysis and review. Review all invoices, gathering actual spend, resource utilization and project implementation timeline information and compare against original approved business case. Prepare power point slide to explain main cause of variances to leadership.
• 5% Prepare monthly project spend variance report, create and close project codes in Workday as necessary & other ad hoc analysis

Required Education & Experience (Knowledge, Skills, & Abilities):

• 2 years related experience required
• Bachelor's degree in accounting, Finance or related fields
• Familiar with Cash and Profit & Loss analysis
• Familiar with NPV, IRR, Payback period, ROI analysis
• Familiar with capitalization, depreciation, amortization asset lifecycle accounting principles
• Experience in financial budgeting, forecasting and variance analysis
• Experience in financial analysis, preferably in project finance
• Experience in creating various monthly reports
• Experience in process simplification/improvements
• Experience in financial modeling
• Proficient in Microsoft Excel. PowerPoint, and other basic software products
• Ability to collaborate effectively with cross-functional teams
• Ability to work under pressure and meet tight deadlines and work through multiple iterations of work when necessary.
• Ability to synthesize financial information into concise, insightful and actionable recommendations
• Excellent communication and presentation skills
• Excellent quantitative and analytical problem-solving skills
• Exceptional attention to detail related to providing accurate and timely data
• Must possess strong judgement, professional maturity and personal integrity
• Must Possess strong interpersonal, verbal and written communication skills
• Comfortable interacting with and presenting to all levels of management

Preferred Education & Experience (Knowledge, Skills, & Abilities):

• 2-5 Years of related experience
• Proficient in Workday Financial Tool
• Proficient in Clarity Project Management Tool
• Experience creating dashboards in PowerBI
• Knowledge of project management principles and practices
• MBA or similar degree

Job Environment & Physical Requirements:

• Hybrid expectations
• Sitting for prolonged periods
• Telephone for prolonged periods
• Computer for prolonged periods

SECU provides equal employment opportunity to all qualified persons regardless of race, color, religion, age, sex, sexual orientation, gender identity, national origin, genetic information, disability, veteran status, or other classification protected by law.

Disclaimer

State Employees' Credit Union reserves the right to fill this role at a higher/lower level based on business need.