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Financial Analyst

Abbott Laboratories Employees Credit Union
Posted 2 months ago, valid for 12 days
Location

Gurnee, IL, US

Salary

$55,639 - $92,732 per year

Contract type

Full Time

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Sonic Summary

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  • ALEC, one of the largest credit unions in Illinois, offers a collaborative work environment that supports employee growth.
  • The position requires two years of experience in an Accounting or Finance role, with a preference for candidates with three years in a financial institution.
  • Key responsibilities include maintaining ALM software, analyzing financial information, and assisting in budget processes.
  • The base salary for this role ranges from $55,638.98 to $92,731.63 per year, depending on location and experience.
  • Candidates should possess strong financial analysis skills and the ability to communicate effectively with business leaders.
 
ALEC is one of the largest credit unions in Illinois and we foster a supportive and collaborative work environment, where employees are encouraged to grow both personally and professionally. We offer a comprehensive benefits package, which even includes a medical plan with no premiums taken from your paycheck. We can’t wait to talk further with you about joining our team.

ESSENTIAL FUNCTIONS: 

  • Responsible for maintaining ALM software and ensuring accurate monthly reporting, including Board of Director, ALCO, Senior Management and Responsibility Center (RC) reports
  • Analyzes financial information to produce variance and forecast reports
  • Assembles spreadsheets and draws charts and graphs used to illustrate financial information
  • Interprets data affecting investment programs, such as price, yield, stability, future trends in investment risks, and economic influences
  • Maintains knowledge and stays abreast of developments in the fields of business, finance, and economic theory
  • Monitors fundamental economic, industrial, and corporate developments through the analysis of information obtained from financial publications and services, investment banking firms, government agencies and trade publications
  • Assists in the preparation of investment action plans based on financial analyses
  • Researches investment alternatives and makes recommendations to CFO
  • Assists in the budget and reforecast process
  • Maintains budget systems and assembles reforecast information in the Budget system
  • Evaluates profit and cost efficiencies in various areas of the organization as needed
  • Develops, maintains and distributes ad-hoc reports and financial models as needed
  • Assists Accounting with the proper application of GAAP 
  • Other duties as assigned


QUALIFICATIONS: 

  • Education Required: High School Diploma or equivalent (GED) 
  • Education Preferred: Bachelor’s degree in Accounting, Finance or Business Administration 
  • Experience Required: Two (2) years of experience working in an Accounting or Finance position 
  • Experience Preferred: Three (3) years of experience working in an Accounting or Finance position within a financial institution 
  • Knowledge, Skills and Abilities (KSAs):
  • Ability to analyze and interpret financial and accounting data and summarize in a manner which can be communicated to the business leaders in an efficient manner.
  • Financial analysis capability using financial and/or accounting applications and the Microsoft Office Suite 
  • Capable of using critical thinking skills and judgment when making decisions
  • General knowledge of current financial debt markets
  • Knowledge of US GAAP
  • Ability to perform job functions independently 
  • Ability to work as part of a team
  • Ability to verbally communicate effectively with internal and/or external members
  • Ability to use computers and job-specific technology/software efficiently 
  • Maintains confidentiality
  • Performs responsibilities with composure, quality and accuracy under stress of deadlines/requirements


The base pay for this position is $55.638.98 to $92,731.63 per year. In specific locations, the pay range may vary from the range posted. Click here to learn more about ALEC and our benefits.




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