Job Description

Date Active

Aug 15, 2023 2:42:52 PM

Requisition #

23-1645

Hours Per Week

40

Location

145 Bank Street-NH501

City

Waterbury

State

Connecticut

Job Description/ Requirements

If you’re looking for a meaningful career, you’ll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster’s values, these set us apart as a bank and as an employer. 

 

Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!

 

Position Summary:

The director of finance is responsible to manage the financial operations of the key support units of the company. This person will play a critical role in aligning these activities with our strategic goals and objectives. This person will be closely monitoring key financial indicators, provide insightful analysis and recommendations to executive leadership, contributing to informed decision-making and achievement of our business objectives. In this position, you will be an objective and strategic financial business partner to senior executives and line(s) of business leaders.

 

Key Responsibilities:

  • Lead financial advisor to support the business line leader by providing financial and analytical counsel to facilitate decision-making around strategic business initiatives
  • Develop and implement financial planning strategies, budgets, and forecasts in alignment with organization’s goals and objectives based on discussions with executive and senior leadership
  • Generate relevant monthly reporting to support the present business performance and provide relevant variance analysis for executive and senior management
  • Conduct unbiased validation of financial justifications in support of strategic initiatives, capital, and staffing investments (provide critical analysis and assumptions) appropriately justify the investment and that it is in-line with expected returns
  • Actively participate and contribute to the accurate production/review of corporate financial deliverables, to include, but not limited to, the month end accounting close, quarterly earnings call, 10Q/10K, annual report, proxy statement, investor presentations, goodwill, etc.
  • Meet with and present financial information to senior and executive management
  • Streamline financial processes and systems to improve efficiency and effectiveness
  • Gather relevant information for management to make sound business decisions in support of business strategic direction
  • Stay current with industry changes and peer group trends; create fact-based recommendations to line of business leader and corporate management to drive process improvements
  • Understand the company's internal profitability methodologies and measurement and ensures they are current and relevant
  • Support business line as a liaison to CFO organization to ensure financial controls are being adhered to (SOX, GL Recons, policies, procedures, and regulatory requirements)
  • Acts as a trusted liaison across all areas of the bank
  • Foster a collaborative and inclusive work environment that encourages professional growth and development
  • Promote a culture of accountability, integrity, and continuous improvement
  • Provide functional advice or training to less experienced finance staff

Education, Experience & Skills:

  • Bachelor’s Degree in Finance, Accounting, or Economics
  • Five or more years of finance experience, preferably with some banking experience
  • Effective communication, analytical and data organization/interpretation skills
  • Superior skills with Microsoft Office applications (Excel, PowerPoint, Word, Outlook)
  • Prior exposure to financial budgeting, forecasting, and reporting systems, preferred
  • Strong attention to detail and accuracy is required
  • Overall understanding of accounting principles & profitability
  • Ability to multi-task, work under pressure, resourceful and meet tight deadlines while maintaining flexibility

 

The estimated salary range for this position is $125,000SD to $150,000USD. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.

 

 

#LI-JW1

#ZR

Equal Opportunities

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

Application Instructions

Please click on the link below to apply for this position. A new window will open and direct you to apply at our corporate careers page. We look forward to hearing from you!

Apply Online