Financial Planning & Analysis Lead

Job Description

The FP&A Lead is responsible for working with various departments at Northwest to develop, prepare, and analyze internal reporting. This position is also responsible for the coordination, data gathering, and preparing of annual expense, and CAPEX budgets and forecasts.

Essential Functions

• Play a leading role in developing the annual budget and periodic forecasts to include timeline development, data gathering, and preparing exhibits for presentation to senior leadership

• Support the development and documentation of the annual long term strategic plan

• Prepare and analyze budget metrics to assess budget outputs, including loan/deposit growth, loan/deposit yields, loan origination and run-off assumptions, inter-company activity, and year-over-year variance analysis in anticipation of approval by the Board

• Build Planning & Profitability reports to enable budget variance reporting

• Assist lines of businesses in understanding budget variance reports

• Lead the redevelopment and enhancement of line of business profitability reporting (e.g., Retail Banking, Commercial Lending, Consumer Lending, etc.). This will include working closely with senior leadership to develop the preferred reporting format for profitability reporting as well as identifying direct costs and determining the appropriate allocation methodologies

• Gather, review, and incorporate data for profitability report assumptions (quarterly/annually/as needed) from multiple disparate sources to assist in the development of activity-based costing methodologies specific to Northwest Bank

• Understand and be able to explain to users, funds transfer pricing methodologies

• Identify and determine reporting frequency, format, and distribution

• Coordinate balance sheet and income statement analysis

• Lead routine review meetings with senior management and ancillary report users for input, validation, and to provide support

• Maintain documentation of all processes within the Budget & Profitability team, including the creation of process documentation that does not currently exist

• Maintain compliance with Northwest policies and procedures as well as industry regulations

• Assist in analysis of ROI on proposed capital projects, as necessary

• Identify and recommend improvements to procedures

• Perform ad-hoc analysis, as necessary

Additional Essential Functions

• Ensure compliance with Northwest’s policies and procedures, and Federal/State regulations

• Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency

• Work as part of a team

• Work with on-site equipment

Safety and Health for those without supervisory duties

• Abide by the rules of the safety and loss prevention program

• Perform work tasks in a safe manner

• Report any and all injuries to supervisor

• Know what to do in case of an emergency

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education

Bachelor's Degree Accounting, Finance, or related degree

Work Experience

6 - 8 years Accounting and Finance related work experience And

6 - 8 years Banking Experience

6 - 8 years Budgeting and profitability reporting

General Employee Knowledge, Skills, and Abilities

• Ability to establish effective working relationships among team members and participate in solving problems and making decisions

• Ability to present and express ideas and information clearly and concisely in a manner appropriate to the audience, whether oral or written

• Ability to actively listen to what others are saying to achieve understanding, sharing information with others and facilitating the open exchange of ideas and information

• Ability to establish courses of action for self to accomplish specific goals, develop and use tracking systems for monitoring own work progress, and effectively use resources such as time and information

• Ability to make right decisions based on perceptive and analytical processes, practicing good judgment in gray areas

Additional Knowledge, Skills and Abilities

• Knowledge of core systems

• Knowledge of general ledger systems

• Knowledge of budget financial planning software

Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.