Financial Analyst

POSITION SUMMARY:

Upholds FCB’s mission, by analyzing financial status through the collection, monitoring, and studying of data. This position requires a thorough knowledge of standard accounting systems, generally accepted accounting principles, and financial analysis.

ACCOUNTABILITIES:

Accounting/Reporting:                                       50%

• Identifies financial status by comparing and analyzing actual results with plans and forecasts.
• Gathers, prepares, and develops reports and reconciles performance measurement data for multiple categories to be distributed to all levels of management.
• Substantiates financial transactions by reconciling various general ledger accounts.
• Participates in the preparation of monthly, quarterly, and annual financial statement preparation for management, outside auditors, and regulators.

Accounts Payable:                                           40%

• Processes and maintains the Concur Invoice system for paying invoices by verifying transaction information, scheduling and preparing disbursements, and obtaining authorization of payment.
• Maintains a database of vendors including payment information.
• Generates 1099s for vendors.
• Processes and maintains the prepaid and auto entry system of accounting.

Other:                                                              10%

• Performs back up to FCB’s daily cash position and Accounting’s daily reconciliations.
• Performs special projects as assigned.

• Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies.

• Maintains customer confidence and protects bank operations by keeping information confidential.
• Contributes to team effort by accomplishing related goals, as needed.

• Participates in civic and community activities to generate visibility and contact for the bank.
• Attends mandatory compliance and security sessions.  Monitors daily work for adherence to compliance and security regulations, policies/procedures, and promptly corrects any deficiencies.

COMPETENCIES:

Integrity/Confidentiality

• Demonstrates the ability to hold confidential information and displays honesty and high ethical standards.

Attention to Detail/Accuracy

• Is careful, exact, and free from mistakes and errors.  Adheres closely to a set of standards.

Mathematical Reasoning

• Demonstrates the ability to choose the right mathematical methods or formulas to solve a problem.

Cooperation

• Is pleasant with others on the job and displays a good-natured, cooperative attitude.

Judgment/Decision Making

• Considers the relative costs and benefits of potential actions to choose the most appropriate one.

Organizing, Planning & Prioritizing Work

• Develops specific goals and plans to prioritize, organize, and accomplish work.

Critical Thinking

• Uses logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.

Monitoring

• Monitors/assesses performance of yourself, other individuals, or organizations to make improvements or take corrective action.

Systems Analysis and Evaluation

• Determines how a system should work and how changes in conditions, operations, and the environment will affect outcomes.  Identifies measures or indicators of system performance and the actions needed to improve or correct performance, relative to the goals of the system.

ENVIRONMENTAL CONDITIONS

• Work is performed primarily indoors in an office setting.
• Remote work may be available upon supervisor approval.

PHYSICAL AND MENTAL DEMANDS:

• Position accountabilities are typically performed while sitting for most of the day.   The physical and mental demands of this position are representative of those that must be met by an employee to successfully perform the essential position accountabilities.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential position and accountabilities.  First Citizens Bank reserves the right to review each requested accommodation and determine if it poses an undue hardship.

KNOWLEDGE, SKILLS AND ABILITIES

• Bachelor's degree in accounting or related field required.
• CPA designation and two years accounting or banking preferred.
• Ability to learn new computer software programs necessary.
• Demonstrated effective written and verbal communication skills required.
• Knowledge of and ability to cross-sell FCB products and services to customers-such as the ability to identify customers’ needs, communicate services, explain advantages, and close sales activity.
• Skill in working with the public, presenting a professional image of the bank, and servicing prospective and current customer inquiries, requests, and complaints.
• Knowledge of current compliance related issues plus new and updated regulations.