Business Unit Financial Analyst I

:

Overview

To perform financial and management reporting for Navy Federal business unit products and services, and to contribute to the formulation of department business strategy through business case proposals, tracking and evaluations. To support the optimization of business operations (money, materials and people) by analyzing current product and financial performance.

Responsibilities

• Perform qualitative and quantitative data analysis using analytical techniques, tools, models, simulation, etc.
• Gather, analyze and synthesize quantitative and qualitative data of business processes to determine and promote data driven business decisions
• Interpret results of analysis; present recommendations, alternatives and implications
• Prepare and reviews internal and external reports, schedules and statements
• Prepare business case valuation metrics and tracking reports with proposals on action items for leadership.
• Establish procedures to ensure accurate and complete profitability reporting
• Review profitability reporting for reasonableness of reports, correlations of drivers with results and updates required for Lending owned models.
• Assist with preparation of Business Case review materials and Profitability analysis for senior department management
• Build relationships with the product teams and support areas to drive collaboration, enable fluid and consistent communications, and ensure operational results correctly translate into financial results.
• Ability to look at current results, drivers, and assess fit with the longer term outlook.
• Conduct cost studies by analyzing internal data and reviewing for reasonableness and accuracy; recommends proposals for implementation
• Conduct variances analyses, generate reports, coordinating with the forecasting team to incorporate updates on business cases, and responding to information and analysis requests from management
• Responsible for supporting the production, analysis and dissemination of monthly financial management information for Navy Federal
• Identify opportunities for enhanced efficiencies and potential gaps and/or problems related to generating revenue and suggests corrective alternatives
• Perform other duties as assigned

Qualifications

• Experience in understanding and applying financial and accounting principles, practices and methodologies
• Skill exercising initiative and using good judgment to make sound decisions
• Experience in working and participating in cross-functional, multi-dimensional teams and projects
• Demonstrated research, analytical, and problem-solving skills
• Advanced organizational, planning and time management skills
• Ability to communicate clearly and precisely on technical and business topics
• Effective skill interpreting and synthesizing large amounts of information
• Effective analytical thinking skills to include summarizing information and clearly identifying key elements, patterns, results or relationships
• Experience in working effectively with diverse internal and external contacts
• Working knowledge of data querying, reporting, forecasting, analysis and operations research, including statistical methods and modeling
• Knowledge of financial institutions operations, preferably credit unions
• Bachelor's degree in a related field such as Finance, Data Analytics or the equivalent combination of training, education, and experience
• Masters of Business Administration (MBA) highly desired

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

Location: 820 Follin Lane, Vienna, VA 22180

About Us

Navy Federal provides much more than a job. We provide a meaningful career experience, including a culture that is energized, engaged and committed; and fierce appreciation for our teams, who are rewarded with highly competitive pay and generous benefits and perks. Our approach to careers is simple yet powerful: Make our mission your passion.

• Best Companies for Latinos to Work for 2024

• Computerworld® Best Places to Work in IT

• Forbes® 2024 America's Best Large Employers

• Forbes® 2024 America's Best Employers for New Grads

• Forbes® 2024 America's Best Employers for Tech Workers

• Fortune Best Workplaces for Millennials™ 2024

• Fortune Best Workplaces for Women ™ 2024

• Fortune 100 Best Companies to Work For® 2024

• Military Times 2024 Best for Vets Employers

• Newsweek Most Loved Workplaces

• 2024 PEOPLE® Companies That Care

• Ripplematch Recruiting Choice Award

• Yello and WayUp Top 100 Internship Programs

From Fortune . ©2024 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, Navy Federal Credit Union. Equal Employment Opportunity: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected Veteran. Hybrid Workplace: Navy Federal Credit Union is a hybrid workplace, and details will be discussed during your interview process. Disclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team's discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.