What are the responsibilities and job description for the Senior Financial Analyst position at Provident Bank?
How would you like to join one of the most highly regarded financial institutions in New Jersey with deep roots in the community? Provident is a successful and highly regarded multi-billion-dollar bank that continues to grow with branches in New Jersey, Eastern Pennsylvania and New York. Our longevity is a testament to our commitment to placing our employees, customers, and the communities we serve at the center of all we do. At Provident Bank, we are committed to enhancing our customer and employees’ experience.
POSITION OVERVIEW :
Reporting to the FP&A Budget & Planning Manager, this role primarily serves as a Finance business partner to Technology, Digital and Project Management teams. This role will be responsible for overseeing the budgeting and forecasting process for technology initiatives and monitoring the strategic initiatives against initial targets. The ideal candidate should possess strong analytical skills, excellent communication abilities and providing useful data to help IT manage their business and strategic decisions.
KEY RESPONSIBILITIES :
- Manage the annual budgeting process for IT / Digital / EPMO and new technology projects and strategic initiatives. Monitor and analyze actual expenditures against the budget and identify explanations for variances. Inform key stakeholders of variances and trends on a monthly basis and propose corrective actions for minimizing over budget expense areas. recommendations and ensures effective implementation.
- Collaborate with IT and business leaders to identify technology needs, evaluate the financial impact of technology investments and prioritize them based on the company’s strategic initiatives. Monitor long-term technology investment plans to verify that they are appropriately supporting business growth and operational efficiency. Identify and escalate potential financial and budgetary risks associated with technology investments and recommend mitigation strategies.
- Oversee monthly tracking and invoicing of software / hardware expenditures throughout the organization and non-bank entities, including but not limited to PPP, Beacon, and BIAS.
- Participate in special projects and other duties, including supporting the Company’s suite of financial systems, budget / forecast related tasks and evaluation of systems
MINIMUM QUALIFICATIONS :
PREFERRED QUALIFICATIONS :
WORKING CONDITIONS
Work is typically performed in an office environment. Noise levels are usually moderate.
HAZARDS
Mainly those present in a normal office setting.
This job description may not be all-inclusive. Employees are expected to perform other duties as assigned and directed by management. Job descriptions and duties may be modified when deemed appropriate by management.
Provident Bank recognizes and supports the importance of creating a socially and culturally diverse employee base. We understand, value, and appreciate the unique perspectives that a diverse workforce can contribute to our organization. We put the employee and the customer at the center of strategy because culture is a critical differentiator for why people choose to work here.
We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to age 40 and over, color, disability, gender identity, genetic information, military or veteran status, national origin, race, religion, sex, sexual orientation or any other applicable status protected by state or local law.
