If you are motivated and believe in the credit union philosophy of "People Helping People," join our team!
Position Overview:
The role focuses on performing accurate project financial analysis for projects over the defined baseline amount in investments as well as analyzing financial impacts for material contract renewals. Support leadership by providing better financial data to make sound investment decisions to support SECU’s liquidity goal. The role is crucial in overseeing the financial aspects of various projects for all of SECU by collaborating with cross functional teams to monitor actual project spend against approved project budget to prevent overspending.
Essential Responsibilities:
Note: Please include the weighted % for each responsibility. Each responsibility should be weighted at least 10%. This list is not intended to be exhaustive but should represent actions which lead to a business result. Please include highest priority first, descending in importance/impact. Limit responsibilities to 6 bullet points.
- 30% Perform financial analysis and create business case for projects. Understanding and comparing current to future costs in both Cash and Profit & Loss view, perform net cash flow, net present value, internal rate of return, payback period, cost avoidance and incremental earnings analysis.
- 30% Perform financial analysis and create business cases for contract Renewals. Understanding and comparing current to future costs in both Cash and Profit & Loss view, perform net cash flow, net present value, internal rate of return, payback period, and cost avoidance analysis. (Weighted %) Description of responsibility
- 20% Collaborate with Project Managers and/or project owners to ensure project forecast is accurately updated monthly. Oversee actual spend and ensure expenses are being charged towards respective projects and processed by accounting team accurately. Investigate expense discrepancies as necessary.
- 15% Perform Post Project Implementation analysis and review. Review all invoices, gathering actual spend, resource utilization and project implementation timeline information and compare against original approved business case. Prepare power point slide to explain main cause of variances to leadership.
- 5% Prepare monthly project spend variance report, create and close project codes in Workday as necessary & other ad hoc analysis
Required Education & Experience (Knowledge, Skills, & Abilities):
- 2 years related experience required
- Bachelor’s degree in accounting, Finance or related fields
- Familiar with Cash and Profit & Loss analysis
- Familiar with NPV, IRR,