Financial Projects and Efficiency Improvement Manager

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 Projects and Efficiency Improvement ManagerACCOUNTABILITY STATEMENT

The incumbent will be a part of the Financial Projects and Efficiency Improvement Team and assist the Senior Vice President of Financial Projects, M&A and Investor Relations in carrying out the broader company mission and will manage efficiency improvement in addition to other financial projects, at the discretion of the SVP, Financial Projects, M&A and Investor Relations.

This involves all matters of efficiency for business units, products and members, scorecard/ dashboards (efficiency reporting), related consulting engagements, and longer-term planning exercises including tracking and reporting on efficiency and variances. These duties require building and maintaining models utilizing various business intelligence tools. Under the direction of the SVP, Financial Projects, M&A and Investor Relations, this position provides leadership and oversight to financial projects including but not limited to efficiency initiatives.

ESSENTIAL RESPONSIBILITIES

• Analyzefinancial and operational results to better understand company performance including evaluating whether the company's assets and investments are the best use of the company's capital by looking at return on investment (ROI) and comparisons with other ways the company might utilize itscash flow.
• Communicateresults and recommendations to senior management for improvements that will lead to cost reduction, revenue generation andstreamlined operations.
• Work with large volumes of data including within models as needed to detect trends and isolate essential relevant information for sound decision making and development of long and short-term financial strategies.
• Build concise, visually appealing, and easy to understand presentations for C-Suite and Board of Director audiences using graphics, charts, and relevant images to enhance overall impact.
• Take initiative in supporting changes needed to improve efficiency related to impacts from strategic initiatives such as M&A and new business/projects.
• Provide insights to senior management around financial modelling, forecasts, efficiencies, and profitability to actualize business goals.
• Gauge the company's overall financial health by using key financial ratios such as theEfficiency Ratio, OpEx/Average Assets, Net Worth Ratio, Loan to Deposit Ratio, Net Interest Margin, Return on Assets, and others.
• Develop, communicate, and execute a vision for meeting business needs via dashboards and/or data visualizations and democratizing the data asset; vision must identify and create the ability for our business to make decisions.
• Managing, creating, and maintaining dashboard environment including visual and performance standards.
• Compare intended outcomes with actual outcomes and adapt approach and framework appropriately and in line with changes.
• Participate in continuous personal and department performance improvement activities.
• Manages the interaction with key stakeholders and business units to discuss, establish, review, and maintain efficiencies.
• Develops and manages efficiency reporting including ratios, analysis, etc.
• Manages and facilitates decision-making regarding expenditures, focusing on those not included in the Annual Operating Plan (AOP).
• Identifies and explains efficiency variances through key relationships with stakeholders.
• Assist in streamlining and automating processes to reduce operational risks.
• Analyze the trends of Key Performance Indicators (KPIs) and identify the cause of any unexpected variances.
• Extract relevant peer metrics as needed for comparative purposes.
• Ad-hoc business performance reporting.

EDUCATION & EXPERIENCE

Required:

• Bachelor's degree in Finance, Accounting, Economics, or related area
• 5+ years of related experience

Preferred:

• Master's degree in Finance or Business (or equivalent combination of education and significant relevant experience)
• 2+ years of functional experience with budgeting, profitability, and data mining activities and/or 2+ years of experience in statistical/quantitative analysis tools such as SQL, Power Bi, or other tools
• 2+ years of experience in Financial Analytics/modeling using Excel, or other budgeting, forecasting or profitability systems.
• Knowledge of financial institutions products and services
• Proficiency in data analytics

KNOWLEDGE, SKILLS & ABILITIES

• Avid and positive team player that will work well across multi-disciplined organization.
• Ability to work with both finance and non-finance professionals.
• Able to alter presentations based on audience understanding some presentations will be more general with others intended for those with strong financial backgrounds (Executive Team)
• Strong analytical capabilities with knowledge of accounting/ financial reporting and financial modeling
• Understanding of business metrics
• Strong research, communication, interpersonal, and presentation skills
• Ability to work with and analyze large volumes of data.
• Ability to work independently and is a self-starter.
• Exhibits flexibility and willingness to take on new responsibilities and assignments.
• Advanced Excel, PowerPoint, and Word skills
• Must be highly motivated and organized including the ability to multi-task and manage unstructured tasks within specific guidelines and time constraints.
• Must possess strong verbal and written communication skills.
• Ability to coach and mentor junior analysts.

DISCLAIMERS AND WORK ENVIRONMENT

Nothing in this position description is an implied contract for employment. The position description is intended to be an accurate account of the essential functions. The functions are not all encompassing and are subject to change at any time by management.

The work environment characteristics described are representative of those that an employee encounter while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

As required or requested, may exert up to 20 pounds of force occasionally and/or a negligible amount of force constantly to lift, carry, push, pull or otherwise move objects.

VyStar Credit Union is not seeking outside assistance or accepting unsolicited resumes from staffing agencies or search firms for employment or contractor opportunities. Any resumes submitted by an outside vendor to any employee at VyStar via e-mail, internet, or directly to hiring managers without a valid written search agreement with the Talent Acquisition / HR department will be deemed the sole property of VyStar Credit Union.

No placement fee will be paid if a candidate is hired as a result of the referral, or through other means.

Thank you for your inquiry regarding our current job opening. Your resume will be carefully reviewed against the position requirements. Should your experience and skills match, you will be contacted by one of our Human Resources department staff members.

Thank you again for your interest in this position!

VyStar Credit Union Human Resources