SUMMARY: Responsible for the production of critical financial analyses to support ALEC’s financial reporting, investment portfolio, Asset/Liability Management (ALCO) model, Budgeting and Profitability Analysis. 

ESSENTIAL FUNCTIONS:

·       Responsible for maintaining ALM software and ensuring accurate monthly reporting, including Board of Director, ALCO, Senior Management and Responsibility Center (RC) reports

·       Analyzes financial information to produce variance and forecast reports

·       Assembles spreadsheets and draws charts and graphs used to illustrate financial information

·       Interprets data affecting investment programs, such as price, yield, stability, future trends in investment risks, and economic influences

·       Maintains knowledge and stays abreast of developments in the fields of business, finance, and economic theory

·       Monitors fundamental economic, industrial, and corporate developments through the analysis of information obtained from financial publications and services, investment banking firms, government agencies and trade publications

·       Assists in the preparation of investment action plans based on financial analyses

·       Researches investment alternatives and makes recommendations to CFO

·       Assists in the budget and reforecast process

·       Maintains budget systems and assembles reforecast information in the Budget system

·       Evaluates profit and cost efficiencies in various areas of the organization as needed

·       Develops, maintains and distributes ad-hoc reports and financial models as needed

·       Assists Accounting with the proper application of GAAP

·       Other duties as assigned

QUALIFICATIONS:

·       Education Required: High School Diploma or equivalent (GED)

·       Education Preferred: Bachelor’s degree in Accounting, Finance or Business Administration

·       Experience Required: Two (2) years of experience working in an Accounting or Finance position      

·       Experience Preferred: Three (3) years of experience working in an Accounting or Finance position within a financial institution                 

·       Knowledge, Skills and Abilities (KSAs):

·       Ability to analyze and interpret financial and accounting data and summarize in a manner which can be communicated to the business leaders in an efficient manner.

·       Financial analysis capability using financial and/or accounting applications and the Microsoft Office Suite

·       Capable of using critical thinking skills and judgment when making decisions

·       General knowledge of current financial debt markets

·       Knowledge of US GAAP

·       Ability to perform job functions independently

·       Ability to work as part of a team

·       Ability to verbally communicate effectively with internal and/or external members

·       Ability to use computers and job-specific technology/software efficiently

·       Maintains confidentiality

·      Performs responsibilities with composure, quality and accuracy under stress of deadlines/requirements

TRAVEL REQUIREMENTS: Up to 5% local and national travel to attend training, networking events and conferences

CORE VALUES:

·       Maintain personal respo