Financial Analyst

Job Description

Job Description

ALEC is one of the largest credit unions in Illinois and we foster a supportive and collaborative work environment, where employees are encouraged to grow both personally and professionally. We offer a comprehensive benefits package, which even includes a medical plan with no premiums taken from your paycheck. We can’t wait to talk further with you about joining our team. ESSENTIAL FUNCTIONS: Responsible for maintaining ALM software and ensuring accurate monthly reporting, including Board of Director, ALCO, Senior Management and Responsibility Center (RC) reports Analyzes financial information to produce variance and forecast reports Assembles spreadsheets and draws charts and graphs used to illustrate financial information Interprets data affecting investment programs, such as price, yield, stability, future trends in investment risks, and economic influences Maintains knowledge and stays abreast of developments in the fields of business, finance, and economic theory Monitors fundamental economic, industrial, and corporate developments through the analysis of information obtained from financial publications and services, investment banking firms, government agencies and trade publications Assists in the preparation of investment action plans based on financial analyses Researches investment alternatives and makes recommendations to CFO Assists in the budget and reforecast process Maintains budget systems and assembles reforecast information in the Budget system Evaluates profit and cost efficiencies in various areas of the organization as needed Develops, maintains and distributes ad-hoc reports and financial models as needed Assists Accounting with the proper application of GAAP Other duties as assigned

QUALIFICATIONS: Education Required: High School Diploma or equivalent (GED) Education Preferred: Bachelor’s degree in Accounting, Finance or Business Administration Experience Required: Two (2) years of experience working in an Accounting or Finance position Experience Preferred: Three (3) years of experience working in an Accounting or Finance position within a financial institution Knowledge, Skills and Abilities (KSAs): Ability to analyze and interpret financial and accounting data and summarize in a manner which can be communicated to the business leaders in an efficient manner. Financial analysis capability using financial and/or accounting applications and the Microsoft Office Suite Capable of using critical thinking skills and judgment when making decisions General knowledge of current financial debt markets Knowledge of US GAAP Ability to perform job functions independently Ability to work as part of a team Ability to verbally communicate effectively with internal and/or external members Ability to use computers and job-specific technology/software efficiently Maintains confidentiality Performs responsibilities with composure, quality and accuracy under stress of deadlines/requirements

The base pay for this position is $55.638.98 to $92,731.63 per year. In specific locations, the pay range may vary from the range posted. Click

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to learn more about ALEC and our benefits.