Job Description

Date Active

Dec 15, 2022 3:08:08 PM

Requisition #

22-2286

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!

 

Job summary:

  • Financial advisor to support the executives of line of businesses by providing financial and analytical counsel to facilitate decision-making around strategic business initiatives
  • Develop annual budgets, quarterly forecasts, and long-range strategic plans in partnership with managers including the validation and input into planning system tool and document assumptions
  • Prepare monthly financial reporting (GAAP & Profitability) and provide required variance analysis for management and able to clearly communicate a cohesive and concise story around business drivers
  • Research and prepare, analyzes company and/or line of business financial reports
  • Actively participate in the administration, review and approval of the variable compensation plans, if applicable
  • Provide unbiased validation of financial justifications are in support of strategic initiatives (provide critical analysis and assumptions appropriately justify the investment and is in line with expected returns
  • Understand the company's internal profitability methodologies and measurement
  • Assist with the education of business line management on the components of profitability measurement and economic profits (EP)
  • May 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, investor presentations, etc.
  • Meet with and present financial information to line of business and executive management
  • Identifies and executes upon process improvement opportunities
  • May provide functional advice or training to less experienced financial analysts
  • May provide supervisory oversight to analyst(s), as necessary
  • Act as a finance liaison between the line of business, Finance, and Accounting
  • Support business line as a liaison to Accounting to ensure financial controls are being adhered to (SOX, GL Recons, etc.)

Requirements:

  • Undergraduate degree in Finance, Accounting, or Economics
  • Minimum of 5 years of experience in the Financial Sector
  • Superior skills with Microsoft Office applications (Excel, PowerPoint, Word, Outlook)
  • Strong communication, analytical and data organization/interpretation skills
  • Prior exposure to financial budgeting, forecasting and reporting systems, required
  • Attention to detail and accuracy is required
  • Overall understanding of accounting principles
  • Proven ability to multi-task, work under pressure, and meet tight deadlines while maintaining flexibility

 

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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!

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