Senior Business Unit Financial Analyst

Overview

To perform complex financial management and reporting for the Office of General Counsel and Internal Audit departments within Navy Federal, and to contribute to the formulation of department business strategy by planning and conducting the annual financial planning (AFP) and forecast update processes. To support the optimization of business operations by analyzing department financial performance and implementing efficiencies as needed.

Responsibilities

• Leads the design, analysis, and preparation of complex customized reports that provide Net Income, Cost, and Return on Asset results for Department Products and Services
• Synthesizes results of process and model changes and the impact of business decisions; develops recommendations and presents results to management
• Collaborates with management to identify, recommend, and facilitate implementation of new or enhanced Activity Based Costing (ABC) processes, reporting, and costing methodology
• Plans and conducts the department AFP and quarterly forecast updates. Prepares adhoc reports as needed in support of departments
• Leads the design, analysis, and preparation of complex customized reports that influence senior department management decisions regarding prioritizing the organization's financial resources
• Establishes procedures to ensure accurate and complete compilation of AFP submittals. Directs the preparation of AFP materials for senior department management review
• Analyzes and studies financial data synthesized from the AFP system and other information sources for executing current budgets and estimating future financial needs
• Serves as technical subject matter expert for cost-benefit analysis, fiscal allocation, and budget preparation; analyzes and recommends reporting process improvement to management
• Reviews consolidated summaries of department plan submissions for completeness, accuracy and compliance with budget directives
• Conducts cost studies by analyzing internal data and reviewing for reasonableness and accuracy; recommends proposals for implementation
• Oversees the preparation of variance analyses, monitors the implementation of budget revisions, and responds to information and analysis requests from senior management
• Responsible for supporting the production, analysis, and dissemination of monthly financial management information for Navy Federal
• Identifies opportunities for process efficiencies related to department financial management
• Performs other related duties as required or appropriate

Qualifications

• Significant experience in progressively responsible accounting and/or finance positions that demonstrates in-depth knowledge of financial planning and analysis, budgeting theories and practices, and variance analysis
• Proficiency with word processing, spreadsheet, database, and presentation/graphics application
• Ability to work independently with limited guidance and as part of a team, and experience with guiding and mentoring others
• Ability to work in a changing environment and assess the impact of changes on objectives and to rapidly shift priorities as circumstances change
• Extensive experience and proficiency with data querying, reporting and forecasting including demonstrated skill using automated cost accounting/planning/budgeting systems
• Strong research, analytical, and problem-solving skills including the ability to clearly present findings and alternatives to influence management decision making
• Strong interpersonal skills including the ability to interact effectively with external contacts and all levels of management and staff
• Bachelor's Degree in a related field, or the equivalent combination of training, education and experience

Desired Qualifications

• Knowledge of financial institutions operations, preferably credit unions
• Certified Public Accountant (CPA) or Master of Business Administration (MBA) highly desired
• Bachelor's degree in Accounting, Finance, or Business Administration

Hours: Monday - Friday, 8:00AM - 4:30PM

Location: 820 Follin Lane, Vienna, VA 22180

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