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1 Financial Analyst Job in Gurnee, IL

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Abbott Laboratories Employees Credit Union
Gurnee, IL | Full Time
$65k-80k (estimate)
1 Week Ago
Financial Analyst
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$65k-80k (estimate)
Full Time 1 Week Ago
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Abbott Laboratories Employees Credit Union is Hiring a Financial Analyst Near Gurnee, IL

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
  • 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
QUALIFICATIONS:
  • Education Required: High School Diploma or equivalent (GED)
  • Education Preferred: Bachelor's degree in Accounting, Finance or Business Administration,
  • CPA preferred
  • 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 of Finance position within a financial institution
Starting pay: $75,000 annually.

Job Summary

JOB TYPE

Full Time

SALARY

$65k-80k (estimate)

POST DATE

06/20/2024

EXPIRATION DATE

07/05/2024

WEBSITE

alecu.org

HEADQUARTERS

GURNEE, IL

SIZE

25 - 50

FOUNDED

1990

TYPE

Private

CEO

THOMAS REIMHOLZ

REVENUE

$10M - $50M

INDUSTRY

Banking

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The following is the career advancement route for Financial Analyst positions, which can be used as a reference in future career path planning. As a Financial Analyst, it can be promoted into senior positions as a Financial Analyst III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Financial Analyst. You can explore the career advancement for a Financial Analyst below and select your interested title to get hiring information.

If you are interested in becoming a Financial Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Financial Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Financial Analyst job description and responsibilities

Broadly speaking, a financial analyst works with financial data to help organizations make business decisions.

02/23/2022: Mcallen, TX

Build financial models to perform financial forecasts, predict business scenarios, and provide other data analysis to help make business decisions.

02/10/2022: Newark, NJ

Every financial analyst’s job will hold different responsibilities depending on their specialty and where they work.

12/27/2021: Dallas, TX

They often develop and execute complex methodologies that enable them to generate useful pointers from the financial data and problem statements that their clients provide.

12/11/2021: Manchester, NH

Financial analysts who have little to no professional experience are responsible for gathering data, financial modeling and creating or maintaining spreadsheets.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Financial Analyst jobs

To become a senior or junior level financial analyst, one may be required to earn a Master’s of Business Administration.

12/07/2021: Baltimore, MD

Obtaining a finance degree (bachelor’s or MBA) and working towards becoming a financial analyst requires the development of skills, expertise, and specific abilities.

03/03/2022: Omaha, NE

To be a financial analyst, one should be good with numbers, comfortable presenting research, analytical, and have great ability to research large amounts of data and pay attention to small details.

12/27/2021: Youngstown, OH

Earning a finance degree and taking the steps to become a financial analyst requires specific abilities and the development of specialized skills.

12/11/2021: Burlington, VT

With relevant work experience and appropriate training, finance students can become equipped to pursue the path of becoming a financial analyst.

03/06/2022: Burlington, VT

Step 3: View the best colleges and universities for Financial Analyst.

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