Senior Reporting Analyst

Company: Local Government Federal Credit Union
Location: Raleigh
Posted on: April 1, 2025

Job Description:

Description:CIVIC CULTUREOur organization believes we can all do well by doing good. We value the contributions of diverse minds and prioritize the success and well-being of our employees. We also believe every person in our organization plays a role in supporting a healthy environment and helping to achieve our goal of prosperity for all. To this end, we recruit bright, energetic, and talented people to be members of our team. In return, we offer a dynamic workplace that presents opportunities for professional advancement and individual growth. We strive to always display integrity, self-awareness, courage, and respect for one another while continuing to seek opportunities to learn. We really believe that when our employees succeed, our community wins.
ABOUT THE POSITIONThe Senior Reporting Analyst role will be responsible for applying the principles of GAAP to help prepare robust financial reports and financial statements utilized by Management and the Credit Union Board of Directors. The individual in this role will also help manage reporting and analysis functions, prepare and distribute various internal financial and regulatory reports, lead research and resolve complex accounting and financial reporting issues. This role will serve as a primary liaison with internal and external bodies.
NORMAL DAY-TO-DAY WORK

• Prepare complex monthly financial analysis and reports for Executive Management. Draft annual, semi-annual, quarterly and monthly financial statements and forms, as well as timetable calendars for such statements.
• Perform monthly trend/variance/ratio analysis and provide context to material differences to forecast team, including a comparison of budgeted, forecasted, and actual results.
• Provide insightful recommendations based on analysis to improve budget/forecast performance by evaluating monthly results of capital expenditures, non-interest income and operating expenses.
• Develop and maintain a set of assumptions/business calculations to be incorporated into the working forecast and approved budget.
• Apply professional skepticism to interpret and understand financial results and regulatory information as well as business and financial statement interrelationships. Provide informed, proactive analysis and business insights for analytical review to enable effective decision-making for financial and regulatory reporting.
• Prepare, analyze and distribute reports summarizing financial results monthly, such as the Statement of Financial Condition, Income Statement and Statement of Cash Flows, as well as NCUA Call Report and supporting documentation for quarterly submission.
• Serve as trusted advisor to Management and team members by keeping up to date with GAAP, NCUA regulations, and Federal Reserve reporting requirements. Ensure risks associated with business activities are effectively identified, measured, monitored, and controlled.
• Work with institutional warehouse data to define the optimal way to collect, store, retrieve and analyze the data.
• Review expenses, accruals and other financial information; partner with Accounting Analysts to coordinate adjustments.
• Work directly with Management to ensure the delivery of fair, accurate, and timely items requested for financial audits and regulatory examinations.
• Take ownership for actions, decisions, and results; openly accept feedback and demonstrate both the willingness and ability to improve.
  
  
  JOB QUALIFICATIONSHere are a few skills you MUST have to be qualified for this position.
  
• 4 - 6 years of experience in Financial Accounting or Data Analysis.
• Advanced user of financial software (e.g., Excel, Sage Intacct, Workday Adaptive, Oracle, Hyperion, SAP) and data analysis tools.
• Demonstrated proficiency in data analysis, strong analytical skills and ability to interpret complex financial data and provide meaningful insights.
• Ability to function in a Consumer business office environment and utilize standard office equipment including but not limited to: PC, copier, telephone, etc.
• Ability to lift a minimum of 25 lbs. (file boxes, computer).
• Travel required on occasion.
  Here are a few qualities we'd LIKE for you to have to make you more suited for this position.
• BA/BS in Business, Accounting, Finance, Mathematics, Statistics or other analytical field of study.
• Experience with preparation of complex financial statements for a financial institution.
• Proven experience educating non-financial professionals about Budgeting and/or Accounting.
• Experience with business intelligence, database mining, and statistical analysis tools (such as SAS or Access).
  CONTACT USIf you have questions about this position description, please feel welcome to ask. You can reach our HR Department at: Civic Human Resources3600 Wake Forest Road, Raleigh, NC 27609 careers@civicfcu.org
  
  Requirements:
  
  
  
  
  
  PIe931d1e48046-37248-37213172

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