What are the responsibilities and job description for the Financial Analyst position at First Mid-Illinois Bancshares?
Responsibilities include, but are not limited to :
- Manage investment pledges for public funds customers, ensuring compliance with regulatory and contractual requirements.
- Maintain ongoing communication with public funds customers to ensure pledging signatures are added and released in a timely manner.
- Collaborate with Treasury Management personnel to ensure the timely removal of pledging when accounts are moved to IntraFi and / or other related platforms.
- Prepare and maintain accurate and timely reports for use by the Finance Team, Asset-Liability Committee (ALCO), Senior Management, and Board of Directors.
- Oversee the preparation and distribution of daily Cash Position Reports, maintaining accuracy and consistency in reporting practices.
- Monitor and report correspondent activities related to Regulation F, ensuring compliance with all applicable guidelines.
- Maintain accurate and up-to-date documentation for correspondent bank accounts, including account agreements, account activity, and user access.
- Administer interest payments and accounting for brokered CDs and other specified investments, ensuring timely processing and accurate records.
- Assist with the procedures and collection of reports related to internal audit, external audit, and / or regulatory exams, ensuring timely and accurate submission of required documentation.
- Collaborate with finance, accounting, and operational teams to ensure alignment and accuracy across investment and financial activities.
- Assist in ad hoc reporting and analysis projects as required to support management decision-making.
- Complete required training associated with job functions and ensure adherence to all internal policies and applicable regulatory standards.
- Perform other duties as assigned. Qualifications Education / Experience :
- Bachelor’s degree with major in accounting or finance, and / or a minimum of 5 years’ experience in an accounting / financial reporting role.
Skills :
