Financial Analyst

Description

JOB SUMMARY

Assists with the preparation of some of the weekly, monthly, quarterly and annual Financial Performance Reports.

ESSENTIAL DUTIES

The duties listed below may not include all responsibilities that the person in this role may be asked to perform. Incumbent may be required to perform other related duties, as assigned, including cross training across other departments, as necessary.

• Assist in preparing bank performance and consolidated monthly reports
• Support the development of annual budgets and financial forecasts
• Conduct variance analysis, comparing budgeted versus actual performance, and provide explanations
• Assist Business Units in interpreting financial results
• Provide financial analysis to guide corporate decision-making
• Reviews budget drafts with Department Managers until the budgeting process has been finalized
• Prepares Summary Financial Statement for senior management
• Prepare and analyze Branch/Region financial reports
• Participates in job specific training and other various Bank training programs, as necessary
• Maintains current knowledge of internal risk controls and loss prevention, including reporting of suspicious or unusual customer activity per Bank policy
• Maintains current knowledge and complies with all federal and state laws and regulations and all established Bank policies and procedures, including internal audit controls related to department operations
• Maintains current knowledge of all rules, regulations, and laws as they apply to BSA/OFAC/USA Patriot Act/CIP/AML

Qualifications

QUALIFICATIONS

These specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this position. The requirements listed below are representative of the knowledge, skill and/or ability required to perform the position in a satisfactory manner. Individual abilities may result in some deviation from these guidelines.

• Bachelor’s degree from an accredited college or university in Finance or a related field
• A minimum of two years of working experience in finance or accounting is desired
• Understanding of financial statements and experience with financial reporting
• Must be analytical, PC literate and knowledgeable of spreadsheet and word processing software
• Advanced knowledge of Excel required
• Flexibility, professionalism, problem solving skills and the ability to make sound financial decisions
• Attention to detail and a high degree of mental concentration as well as the ability to multitask
• Good organizational, interpersonal and communications skills
• Ability to meet deadlines, work in a fast paced environment, and perform a variety of tasks with numerous interruptions
• Ability to sit in front of a computer screen for long periods of time, which may cause visual strain
• Bilingual in English and Spanish is desired

ORGANIZATION

• This position reports to the Budget Manager
• This position does not oversee other positions

TRAINING REQUIREMENTS

All employees are required to attend scheduled mandatory trainings and complete online regulatory compliance training courses applicable to their specific job function. In all situations, employees must ensure that their actions fully comply with all federal banking laws and regulations, including internal bank policies and procedures. Failure to adhere to these requirements will be grounds for disciplinary action, including probation and possible termination.

COMMUNITY INVOLVEMENT

Lone Star National Bank’s Mission Statement includes a commitment to helping our communities grow by serving them with pride and integrity.  All employees are encouraged to volunteer for bank sponsored activities, civic, charitable and community events and to be active in the communities we serve.

LSNB is an Equal Opportunity/Affirmative Action Employer and does not discriminate in the recruitment, hiring, and conditions of employment on the basis of race, color, religion, national origin, sex (including pregnancy), sexual orientation, gender identity, marital status, disability, age, veteran status, or any other status as protected by applicable laws.

Management reserves the right to change this position description at any time according to business needs.