Position Overview

The Financial Analyst/Staff Accountant produces, analyzes and reports the Bank’s financial position as a basis for management planning and decision making, and for fulfilling financial reporting requirements. 

Major Duties & Responsibilities

  • Preparation and analysis of internal and external financial reporting, insuring the integrity of this information.
  • Preparation of regulatory and financial reporting, financial analyses, cash management and forecasting reports
  • Prepare the annual budget(s) including periodic analysis of budget variances.
  • Develop and produce ad hoc pro forma models to assess various corporate strategies.
  • Produce daily and monthly corporate financial statements.
  • Prepare, analyze and discuss the Bank’s various financial models including IRR and liquidity.
  • Prepare General ledger entries.
  • Prepare various financial packages for use by management.
  • Support the Controller with various assignments.
  • Comply with all regulations that apply within the scope of the position, including BSA, AML, OFAC and CIP
  • Participate in community events to keep with the “Team Marine” philosophy and image

Education & Experience

  • Advance knowledge of accounting principles, as well as excellent analytical, verbal, mathematical and written communication skills.
  • Database report writing experience.
  • Advanced Microsoft Office skills, specifically Microsoft Excel, Word, and PowerPoint.
  • Experience with Jack Henry software including Cognos preferred.
  • Bachelor’s degree in Accounting or Finance.
Duties
Daily
  • Run daily reports
  • Prepare journal entries
  • Monitor and manage Bank’s cash position
Weekly
  • Prepare Management Meeting materials
  • Monitor and manage Bank’s wholesale funding sources
Monthly
  • Prepare Board of Director and Asset Liability Committee financial packages.
  • Prepare minutes for the Asset Liability Committee.
  • Prepare EOM closing entries including accruals, prepaids, fixed assets, bond accounting, investment CD, payroll accrual, loan loss provisions and OREO.
  • Calculate and post earning credits
  • Balance general ledger accounts and document variances.
  • Prepare monthly reconcilement report for all departments.
  • Prepare FHLB and FRB Pledge Reports
  • Prepare QPD Report
  • Prepare Holding Company financials for Board
Quarterly
  • Prepare data for IRR model including assumption and back testing documents.
  • Prepare Call Report
  • Prepare various Federal Reserve reports for the Holding Company.
Annually
  • Prepare Annual Budget
  • Prepare items for various audits including Accounting, IRR and Model Validations
  • Prepare items for FDIC/OFR exam
  • Prepare items for issuance of Audited Financial Statements
  • Prepare annual Holding Company regulatory filings
Project Work
  • Prepare various presentations for ad hoc projects.
  • Write reports to be used by management in Cognos for export to Excel.
  • Implement and maintain various software for the Accounting Department
  • Coordinate with various auditors