Financial Planning & Analysis Lead

OH0713 NW Bancshares HQ

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.