First Citizens Bank
Senior Financial Analyst - FP&A (Hybrid)
First Citizens Bank, Phoenix, Arizona, United States, 85003
Overview
This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office.This position is the senior level analyst in financial reporting and analysis for the business unit. Serves as an analytic resource for assigned systems, products, or business units by providing advanced support. Recommends improvements to current procedures, plans, and controls to achieve financial objectives, and assists in implementing recommended enhancements. Generates pricing, profitability reports, or other documentation as needed. May provide oversight for the work group through knowledge in the area of specialization.Responsibilities
Data Analysis - Sources, compiles, and interprets data. Performs complex data analysis, effectively communicating and directing analysis output.Owns the financial model for Deposit Service Charges. Refresh model monthly to review actual results based on latest detailed product data. Continually evaluate appropriateness of financial forecast assumptions taking into account model performance thresholds and recent performance period. Ensures compliance with firm Model Risk Management requirementsLeverage CRM volume data to prepare capacity analytics for the Solution Sales team and provide quarterly updates.Supports Solution Sales, Embedded Payments, Money Movement and Liquidity teams with ad-hoc analytics as requested to support business strategiesReporting - Produces reports based on data analysis, company trends, and financial processes. Conveys patterns, problems, and areas of improvement. Conducts other internal reporting projects as needed. May develop process enhancements based on reporting.Produce Product P & L and financial performance reporting monthly for Embedded Payments and Deposit Service Charge products. Pro-actively continuously evaluate for enhancements and develop new P & L views for products that do not currently have reporting in place.Produce month-end close reporting of actual results versus expectations and provide supporting commentary to business and Corporate FP & A team.Presents monthly results to the business in Monthly Business Review forums.Business Support - Provides advanced support to management, associates, and other key groups via analysis output and financial expertise. Directs information and process updates across systems. Serves as an analytics resource to wider organization or business units, offering guidance and participating in strategic initiatives. May prepare documentation, presentations, or other materials for business purposes.Provide support to the business on ad-hoc finance related questions including evaluating financial impact of planned pricing changesSupport new product launches with required financial infrastructure build outSupport business case development or other strategic investment requestsFinancial Support - Tracks performance across assigned systems, products, or business units, and identifies issues limiting potential gains. Recommends workflow changes to achieve financial goals or minimize financial impact. Assists management in implementing recommended changes, and in ensuring compliance.Produce updated financial forecasts for revenues and expenses supported by client, company trends, headcount expectations and active vendor contracts. Engages with Product teams on annual budget and quarterly forecast financial assumptions.Tracks performance against financial forecast/ budget and provides monthly and quarterly insights to Product teams.Supports GL and financial forecast system conversion efforts .Peer Leadership - Assists management with the onboarding and training of new staff. Mentors less experienced staff, including review of daily output and coachingWorks with GDC team members based in Bangalore. Communicates new deliverable requests and provides detaileQualifications
Bachelor's Degree and 6 years of experience in Finance or Analytics OR High School Diploma or GED and 10 years of experience in Finance or AnalyticsPreferred Qualifications:Cash Management / Payments product subject matter expertise6+ years of experience in finance, including development and/or direct management of driver based product P & Ls.Advanced Microsoft Excel skills required for model development and executive level output and reportingData & Analytics skills and experience to query, aggregate, validate, and summarize data accurately. Experience with Hyperion Essbase preferredStrong work ethic, ability to work independently with limited management supervisionAttention to detail in applying organization's accounting policies and proceduresAbility to complete assigned responsibilities as a team and engage with business partners with a friendly, service-oriented attitudeAbility to communicate clearly and work effectively in a complex work environment, including interacting well with increasingly senior partners and a wide variety of groups (financial planning & analysis team, accounting, and product teams)Strong organization, written and verbal communication skills with the ability to influence key stakeholders and speak about financials in an accessible styleWorking knowledge of PowerPoint and WordBasic understanding of financial statements, accounting procedures, internal and external reporting and variance analysisFirst Citizens benefits programs are designed to meet our associates where they are in life. Full-time associates (20+ hours) are offered a comprehensive benefits program, with customized offerings, including those designed to support families, however defined. More information regarding our benefits offerings can be found here: https://jobs.firstcitizens.com/benefits.
This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office.This position is the senior level analyst in financial reporting and analysis for the business unit. Serves as an analytic resource for assigned systems, products, or business units by providing advanced support. Recommends improvements to current procedures, plans, and controls to achieve financial objectives, and assists in implementing recommended enhancements. Generates pricing, profitability reports, or other documentation as needed. May provide oversight for the work group through knowledge in the area of specialization.Responsibilities
Data Analysis - Sources, compiles, and interprets data. Performs complex data analysis, effectively communicating and directing analysis output.Owns the financial model for Deposit Service Charges. Refresh model monthly to review actual results based on latest detailed product data. Continually evaluate appropriateness of financial forecast assumptions taking into account model performance thresholds and recent performance period. Ensures compliance with firm Model Risk Management requirementsLeverage CRM volume data to prepare capacity analytics for the Solution Sales team and provide quarterly updates.Supports Solution Sales, Embedded Payments, Money Movement and Liquidity teams with ad-hoc analytics as requested to support business strategiesReporting - Produces reports based on data analysis, company trends, and financial processes. Conveys patterns, problems, and areas of improvement. Conducts other internal reporting projects as needed. May develop process enhancements based on reporting.Produce Product P & L and financial performance reporting monthly for Embedded Payments and Deposit Service Charge products. Pro-actively continuously evaluate for enhancements and develop new P & L views for products that do not currently have reporting in place.Produce month-end close reporting of actual results versus expectations and provide supporting commentary to business and Corporate FP & A team.Presents monthly results to the business in Monthly Business Review forums.Business Support - Provides advanced support to management, associates, and other key groups via analysis output and financial expertise. Directs information and process updates across systems. Serves as an analytics resource to wider organization or business units, offering guidance and participating in strategic initiatives. May prepare documentation, presentations, or other materials for business purposes.Provide support to the business on ad-hoc finance related questions including evaluating financial impact of planned pricing changesSupport new product launches with required financial infrastructure build outSupport business case development or other strategic investment requestsFinancial Support - Tracks performance across assigned systems, products, or business units, and identifies issues limiting potential gains. Recommends workflow changes to achieve financial goals or minimize financial impact. Assists management in implementing recommended changes, and in ensuring compliance.Produce updated financial forecasts for revenues and expenses supported by client, company trends, headcount expectations and active vendor contracts. Engages with Product teams on annual budget and quarterly forecast financial assumptions.Tracks performance against financial forecast/ budget and provides monthly and quarterly insights to Product teams.Supports GL and financial forecast system conversion efforts .Peer Leadership - Assists management with the onboarding and training of new staff. Mentors less experienced staff, including review of daily output and coachingWorks with GDC team members based in Bangalore. Communicates new deliverable requests and provides detaileQualifications
Bachelor's Degree and 6 years of experience in Finance or Analytics OR High School Diploma or GED and 10 years of experience in Finance or AnalyticsPreferred Qualifications:Cash Management / Payments product subject matter expertise6+ years of experience in finance, including development and/or direct management of driver based product P & Ls.Advanced Microsoft Excel skills required for model development and executive level output and reportingData & Analytics skills and experience to query, aggregate, validate, and summarize data accurately. Experience with Hyperion Essbase preferredStrong work ethic, ability to work independently with limited management supervisionAttention to detail in applying organization's accounting policies and proceduresAbility to complete assigned responsibilities as a team and engage with business partners with a friendly, service-oriented attitudeAbility to communicate clearly and work effectively in a complex work environment, including interacting well with increasingly senior partners and a wide variety of groups (financial planning & analysis team, accounting, and product teams)Strong organization, written and verbal communication skills with the ability to influence key stakeholders and speak about financials in an accessible styleWorking knowledge of PowerPoint and WordBasic understanding of financial statements, accounting procedures, internal and external reporting and variance analysisFirst Citizens benefits programs are designed to meet our associates where they are in life. Full-time associates (20+ hours) are offered a comprehensive benefits program, with customized offerings, including those designed to support families, however defined. More information regarding our benefits offerings can be found here: https://jobs.firstcitizens.com/benefits.