Financial Planning & Analysis Analyst II

At VyStar, we offer competitive pay, an excellent benefit package that includes a 401(k) Plan, an extensive paid technical and on-the-job training program, and tuition reimbursement--available to all full and part time employees.  Part time positions start at a minimum of 30 hours per week. We encourage you to become a part of VyStar Credit Union's family of employees. Financial Planning & Analysis Analyst II ACCOUNTABILITY STATEMENT The incumbent will be the part of the Financial Planning and Analysis (FP&A) team and assist the FP&A management team in carrying out the broader company mission. The Financial Planning and Analysis (FP&A) function refers to the corporate finance and planning role. This includes all aspects associated with planning, forecasting, analysis, and reporting to aid senior management with decision-making. The FP&A team leads the Annual Operating Plan (AOP), or budget, process and prepares profitability reporting for business units, delivery channels, products, and members/households. The team also prepares ad-hoc analysis for new business initiatives, products, and expansion. These duties require building and maintaining various models using business intelligence tools and corporate financial management programs. The FP&A team will work closely with the Financial Risk Management (FRM) team, Accounting, and other business units. ESSENTIAL FUNCTIONS: Modeling Analyze and enhance historic and forecasted profitability models for business units, delivery channels, products and members/households including activity-based costing, transaction-driven cost allocations and sensitivity analysis. Assist in development and maintenance of long-term forecast, working closely with department leadership to formulate business’s medium to long-term financial and strategic plans. This includes producing models to project long-term growth and determining the impacting business factors, Analyze financial and operational results to better understand company performance including evaluating whether the company’s current assets and investments are the best use of the company’s excess working capital, by looking at return on investment (ROI) and comparisons with other ways the company might utilize its cash flow (e.g., other possible investments) Review existing processes and procedures to develop recommendations for improvement efforts. Communicate results and recommendations to various stakeholders for improvements that will lead to cost reduction, revenue generation and streamlining operations. Ability to drive a project from inception to delivery to include design, development, testing and implementation Assist in the Annual Operating Plan (AOP), or budget, process to include interaction with key stakeholders and business units to develop key performance indicators (KPI) to help enhance their budgeting process Review and analyze various aspects of the AOP for reasonability and create KPI dashboards. Analyze the…