Jobs and Careers

Financial Analyst

Upper Marlboro, MD, United StatesRemotefull_timeVerifiedPosted 1 Nov 2024

💰 $120,000/yr($80,000/yr – $120,000/yr)

About the role

NASA Federal Credit Union is in search of a Financial Analyst to optimize the performance of business operations within Finance by supporting accounting and financial analyses, analyzing current and forecasting future performance by applying various analytical techniques to solve operational issues, developing analytical visualizations and supporting strategic initiatives. The Financial Analyst will ensure the principles of accounting are correctly and accurately applied thorough understanding of the business unit’s needs, objectives, processes, and systems requirements in order to maximize use and scalability of various systems, while appraising both current and future technology to better the overall business operation and profitability goals. This position will need to thoroughly understand the business unit needs, objectives, third party relationships and interactions, and regulatory compliance requirements to maximize use of various system capabilities. It will continuously monitor rules, regulations, programs, and third-party vendor integrations to maintain daily updates to the appropriate systems to ensure accuracy of all associated data fields. The Financial Analyst will perform daily maintenance of data and functional integrity of financial systems based on user interaction and vendor/investor notification, including supporting the installation and implementation of new software applicable to Finance and assures project timelines and requirements are met. This position will perform user acceptance testing for organizational implementations and releases, continuously monitoring Board Policies, Financial guidelines, programs, and third-party vendor adjustments to maintain regular updates to the appropriate systems to ensure accuracy of all associated data fields. The Financial Analyst will apply proven communication, analytical, and problem-solving skills to help maximize the benefit of system investment and ensure daily, weekly, monthly, quarterly, yearly reporting of various financial reporting and metrics are properly completed.

Essential Duties and Responsibilities: include the following with other duties may be assigned.

Remains cognizant of and adheres to credit union policies and procedures, and regulations pertaining to the Bank Secrecy Act.
Achieves department metrics and goals, develops within the team, and lives the NASA FCU Core Values.
Applies Generally Accepted Accounting Principles (GAAP) that include work that is analytical, creative, evaluative and advisory in nature and that requires an understanding of both accounting theory and practice.
Understands management’s strategic business unit goals and assist in developing tactical processes, both in procedures and utilizing software capabilities to support those goals.
Maintains training documentation, historical files, internal procedures and assists with updating policies.
Applies policies and procedures as well as federal, state and local regulations governing general accounting practices to insure accurate and effective adherence.
Performs qualitative and quantitative data analysis using analytical techniques, tools, models & simulations.
Analyzes, reviews, documents and substantiates period to period variances within monthly financial statements for NASA Federal and/or the CUSOs.
Develops data visualizations and/or dashboard reporting for management review of financial and operational results.
Maintenance of data and system integrity for financial systems including balance portfolio analytics systems.
Evaluates operational efficiency and effectiveness.
Prepares documents for internal and external audits.
Advanced skill in presenting findings, conclusions, alternatives and information clearly and concisely.
Serves on automated financial systems improvement and product configuration initiatives.
Establishes, modifies, documents, and coordinates implementation of accounting control procedures.

Education and Experience:

Bachelor’s Degree in Accounting, Finance and/or related business is required; with at least 2 years related experience.
Requires a thorough knowledge of the fundamental doctrines, theories, principles, and terminology of accountancy, and often entails some understanding of such related fields of business law, statistics and general management.

Other Skills and Abilities:

Must be highly skilled in dealing with financial and numeric data.
Must be highly skilled in use of Excel Spreadsheets.
Must be skilled in the use of MS Word.
Must be able to effectively handle multiple projects simultaneously in a fast-paced environment driven by deadlines.
Ability to work independently and as part of a team and take on new tasks with an elevated level of difficulty.
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