Sr. Financial Analyst

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