Analyst, Financial Planning & Analysis

Overview Are you looking to take your career from good to great? As an employee of PenFed, every day is an opportunity to thrive, and be part of a team working to ensure our organization is providing world class service to our members, employees, and our communities. We exist to help our members realize their full potential, educate and encourage their dreams, and make every effort to follow our mission and help our members “do better.” Joining PenFed is more than being an employee; it’s about being a part of the PenFed family. PenFed is hiring a (Hybrid) Analyst, Financial Planning & Analysis at our Tysons, Virginia location. Financial Planning & Analysis (FP&A) is the team which leads all forward-looking activities for PenFed providing thoughtful insights, a depth of analytical data reviews, all while professionally challenging results. FP&A also provides analysis and recommendations to the Board of Directors, CEO, CFO and the E-Team in the efforts to maximize Net Income and Net Worth for PenFed. The Analyst will play a critical role in PenFed’s FP&A Team to provide financial forecasts, analysis, and actionable recommendations to PenFed’s Finance, Business and Executive Leadership Teams. The Analyst will have an analytical mindset and attention to detail towards producing forecasts and actionable insights related to the Consumer, Home Lending and Commercial Real Estate businesses. This role will collaborate directly with Finance, Businesses and Functions and will actively participate in the development of PenFed’s Annual Financial Plan, rolling forecasts, performance tracking and ad hoc analyses to support key strategic decisions. Responsibilities Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This is not intended to be an all-inclusive list of job duties and the position will perform other duties as assigned. Create monthly profit and loss reporting to review with senior level team members of PenFed Business Units and help them understand results (actuals, budget, forecasts). Provide insight into variance analysis as needed. Assist Accounting in monthly close process. Review data in Hyperion and check for accuracy. Assist with the corporate multi-year budget, quarterly forecasts and monthly estimates. Identify ways to improve and automate reporting, create and track new reporting, performance metrics, and KPI’s to help business units track and improve upon results. Use existing systems and collaborate with stakeholders to improve and automate reporting. Identify ways to make reporting more efficient. Ability to create / maintain forecast and budgeting models. Qualifications Equivalent combination of education and experience is considered. Bachelor’s degree in Finance, related field or the equivalent combination of training, education, and experience is required. Master’s degree in Accounting, Finance, related field or the equivalent combination of training, education, and experience is preferred. Minimum of two (2) years of relevant professional experience in corporate finance, consulting, financial services, banking, or credit unions. Strong analysis and modeling skills are required. Knowledge and experience with Excel is required. Programming and/or automation experience is a plus. Some experience working with large datasets and knowledge of various data analysis software packages and tools (e.g., SQL, Oracle or another EPM, PeopleSoft ERP) is required. Experience with PowerPoint is required. Tableau, PowerBI or other data visualization experience a plus. Attention to detail and accuracy is a must. Intermediate research, analytical, and problem-solving skills. Excellent communication skills to help team articulate results and goals to senior management. Ability to work both independently and in a team environment. Supervisory Responsibility This position will not directly supervise employees. Licenses and Certifications There are no additional certifications required. Work Environment While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise. Most roles require working in an office setting with moderate noise and the ability to lift 25 pounds. Travel Ability to travel is not required. About Us Established in 1935, PenFed today is one of the country’s strongest and most stable financial institutions with over 2.8 million members and over $36 billion in assets. We serve members in all 50 states and the District of Columbia, as well as in Guam, Puerto Rico and Okinawa. We are federally insured by NCUA and we are an Equal Housing Lender. We are available to members worldwide, via the web, seven days a week, twenty-four hours a day. We provide our employees with a lucrative benefits package including robust medical, dental and vision plan options, plenty of paid time off, 401k with employer match, on-site fitness facilities at our larger locations, and more. Equal Employment Opportunity PenFed management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment. PenFed will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same. PenFed will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to PenFed. Contact human resources (HR) with any questions or requests for accommodation at 402-639-8568. LI-Hybrid