• Financial Analyst

    Job Locations US-CA-Los Angeles
    Category
    Accounting & Finance
  • Overview

    The Financial Analyst is responsible for analyzing financial status by collecting, monitoring, and studying data; recommending actions.

     

    Ensures compliance with established Company policies and procedures.  Demonstrates knowledge of, adherence to, monitoring and responsibility for compliance with state and federal regulations and laws as they pertain to this position including but not limited to the following: Regulation Z (Truth in Lending Act), Regulation B (Equal Credit Opportunity Act), Home Mortgage Disclosure Act, Real Estate Settlement Procedures Act, Fair Credit Reporting Act, Bank Secrecy Act in conjunction with the USA PATRIOT Act, Anti-Money Laundering and Customer Information Program, Right to Financial Privacy Act (state and federal) and Community Reinvestment Act.

     

    Responsibilities

    • Prepares and reviews monthly financial reports to profit center
    • Tracks expenses and revenues against plan and analyze fluctuations
    • Determines cost of operations by establishing standard costs; collecting operational data.
    • Assists in cost analysis process by providing trends and forecasts; explaining processes and techniques; recommending actions.
    • Improves financial status by analyzing results; monitoring variances; and identifying trends used for planning and analysis;.
    • Creates updates and prepares reports as needed.
    • Assists in budgeting and forecasting.
    • Updates plan and forecast information in the budgeting and reporting system.
    • Evaluates profit and cost efficiencies in various areas of the organization as needed
    • Develops, maintains and distributes as-hoc reports and financial analysis and reports as needed.
    • Builds and maintains rapport with internal departments.
    • Assists with internal and Regulatory audits as required.
    • Treats people with respect; keeps commitments; inspires the trust of others; works ethically and with integrity; upholds organizational values; accepts responsibility for own actions.
    • Demonstrates knowledge of and adherence to EEO policy; shows respect and sensitivity for cultural differences; educates others on the value of diversity; promotes working environment free of harassment of any type; builds a diverse workforce and supports affirmative action. 
    • Follows policies and procedures; completes tasks correctly and on time; supports the Company’s goals and values.
    • Performs the position safely, without endangering the health or safety to themselves or others and will be expected to report potentially unsafe conditions.  The employee shall comply with occupational safety and health standards and all rules, regulations and orders issued pursuant to the OSHA Act of 1970, which are applicable to one’s own actions and conduct.
    • Performs duties specific to the position and other functions as assigned.

     

    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 a college or university in Accounting, Finance or a related field required, and at least 1-2 years of related experience and/or training; or the equivalent combination of education and experience.   Educational experience, through in-house training sessions, formal school or financial industry related curriculum, should be applicable to the financial industry.
    • Prior experience in the financial services and or banking industry preferred.
    • Basic knowledge of related state and federal banking compliance regulations, and Company accounting policies and procedures.
    • Basic skills related to the consolidation and reporting of Company financial results, and formulation and implementation of Company accounting procedures.
    • Familiarity with an industry platform for enterprise-level risk, compliance, and management reporting preferred
    • Intermediate skills in computer terminal and personal computer operation; Microsoft Office applications including but not limited to: Word, Excel, PowerPoint and Outlook
    • Intermediate math skills; ability to calculate interest, commissions, proportions, and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; locate routine mathematical errors; compute rate, ratio and percent, including the drafting and interpretation of bar graphs.
    • Intermediate oral, written and interpersonal communication skills, with the ability to apply common sense to carry out instructions and instruct others, train personnel, write reports, correspondence and procedures, and speak clearly to customers and employees.
    • Current driver’s license and a vehicle with appropriate insurance coverage if required to drive in the course of performing assigned duties and responsibilities.

     

    We will consider for employment all qualified Applicants, including those with Criminal Histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance.

     

    We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.

     

     

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