bankESB
Financial Analyst
bankESB, Easthampton, Massachusetts, us, 01027
OVERVIEW / DESCRIPTION
Performs a variety of financial processing and reporting in conformance with established bank policies and procedures.
PRIMARY ACCOUNTABILITIES / RESPONSIBILITIES:
Performs any functions necessary, within scope of authority and expertise, to provide the highest level of service and responsiveness to customers. Prepares ALM (Asset Liability Management) files for all Banks for import to FPS(Financial Performance Suite). Imports and balances monthly income statement and balance sheet from the ORACLE General Ledger to FPS for all Banks and produces monthly Actual vs. Budget variance reports to end-users. System administrator for FPS which includes adding new end-users, maintenance of the Chart of Accounts, including instrument attributes such as loan prepayment speed assignment, index rates and rate spreads along with deposit index rates and rate betas. Also updating import layouts for new accounts or existing accounts. Work with ALM officer and Finance end-users to update and document quarterly loan, investment, deposit and borrowings assumptions for bankESB, bankHometown and North Shore banks. Work with ALM officer to produce monthly and quarterly ALM reporting for each asset liability committee. Work with ALM officer on annual budgeting process for HFG. Work with ALM officer to produce and organize annual audit reports for outside auditors. Train to become a system expert on Report Writer program. Develop new and useful reports for budgeting and asset liability. Continuing education in Finance and Accounting specifically within the Banking industry. Acts as a backup Wire Transfer Specialist as needed, for example, when a wire team member is out due to PTO or illness. This involves opening and closing procedures for the wire system, WITS. Processing outgoing and incoming domestic and international wires. Acts as a backup for the Accounts Payable Specialist as needed, for example, when an accounts payable team member is out due to PTO or illness. This involves working in Concur and Oracle to process invoices and expenses and then processing payments by check or ACH. Within Concur, it involves assigning invoices to the appropriate employee and reviewing for any rejected invoices.
POSITION REQUIREMENTS: High school diploma or equivalent. Associate's or Bachelor's Degree in Finance/Accounting preferred. Must be detail oriented and able to multi-task while working under pressure. Must maintain confidentiality. Proficiency with Microsoft Word and Excel as well as general computer literacy. Knowledge of accounting principles. Must have strong interpersonal skills and be a strong team player with the ability to work independently.
An Affirmative Action/Equal Opportunity
Employer of protected veterans and individuals with disabilities. Applicants for employment are considered without regard to race, creed, color, religion, sex, gender identity, sexual orientation, marital status, genetic information, national origin, age, disability, status as a veteran, Vietnam Era Veteran, or being a member of the Reserves or National Guard. Also, it is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
Performs a variety of financial processing and reporting in conformance with established bank policies and procedures.
PRIMARY ACCOUNTABILITIES / RESPONSIBILITIES:
Performs any functions necessary, within scope of authority and expertise, to provide the highest level of service and responsiveness to customers. Prepares ALM (Asset Liability Management) files for all Banks for import to FPS(Financial Performance Suite). Imports and balances monthly income statement and balance sheet from the ORACLE General Ledger to FPS for all Banks and produces monthly Actual vs. Budget variance reports to end-users. System administrator for FPS which includes adding new end-users, maintenance of the Chart of Accounts, including instrument attributes such as loan prepayment speed assignment, index rates and rate spreads along with deposit index rates and rate betas. Also updating import layouts for new accounts or existing accounts. Work with ALM officer and Finance end-users to update and document quarterly loan, investment, deposit and borrowings assumptions for bankESB, bankHometown and North Shore banks. Work with ALM officer to produce monthly and quarterly ALM reporting for each asset liability committee. Work with ALM officer on annual budgeting process for HFG. Work with ALM officer to produce and organize annual audit reports for outside auditors. Train to become a system expert on Report Writer program. Develop new and useful reports for budgeting and asset liability. Continuing education in Finance and Accounting specifically within the Banking industry. Acts as a backup Wire Transfer Specialist as needed, for example, when a wire team member is out due to PTO or illness. This involves opening and closing procedures for the wire system, WITS. Processing outgoing and incoming domestic and international wires. Acts as a backup for the Accounts Payable Specialist as needed, for example, when an accounts payable team member is out due to PTO or illness. This involves working in Concur and Oracle to process invoices and expenses and then processing payments by check or ACH. Within Concur, it involves assigning invoices to the appropriate employee and reviewing for any rejected invoices.
POSITION REQUIREMENTS: High school diploma or equivalent. Associate's or Bachelor's Degree in Finance/Accounting preferred. Must be detail oriented and able to multi-task while working under pressure. Must maintain confidentiality. Proficiency with Microsoft Word and Excel as well as general computer literacy. Knowledge of accounting principles. Must have strong interpersonal skills and be a strong team player with the ability to work independently.
An Affirmative Action/Equal Opportunity
Employer of protected veterans and individuals with disabilities. Applicants for employment are considered without regard to race, creed, color, religion, sex, gender identity, sexual orientation, marital status, genetic information, national origin, age, disability, status as a veteran, Vietnam Era Veteran, or being a member of the Reserves or National Guard. Also, it is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.