Overview:
PenFed is hiring a (Hybrid) Business Analyst, Business Unit Accounting at our Tysons, Virginia location. The primary purpose of this role is to provide a strong finance, accounting and technology mindset, with the ability to identify gaps, recommend process change, develop system requirements, and redesign finance and accounting processes. The role will function as an Analyst, partnering with Accounting leadership and other business partners, to ensure business areas are processing activities in an optimal manner, identify opportunities for simplification and efficiency, eliminate duplication of effort, and assess appropriate balance of risk and control. In addition, this position will establish operational objectives and work plans as well as apply knowledge of many disciplines including, business process analysis, performance benchmarking, change management, risk management/control and rationalization techniques all driving towards credit union improvement and delivery of the member experience.
Responsibilities:
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This is not intended to be an all-inclusive list of job duties and the position will perform other duties as assigned.
- Support the business goals in the accounting area of producing monthly, quarterly, and year-end reporting.
- Support the business goals in the accounting area of creating process improvements, automation, and simplification consisting of cross-functional activities and projects, and drive execution milestone deliverables with the ability build relationships and connectivity.
- Under direction of Manager or Director in Business Unit Accounting, support the execution of projects to optimize all elements of the accounting organization including but not limited to: Business Process Modernization, Shared Services Implementation, Business Case Development, Finance Automation, Internal Control Development, Finance Technology Selection, Implementation & Deployment
- Proactively engage and collaborate with functional leaders, process owners, system users, and business leadership across the company to ensure that assessment, requirements-gathering, design, and implementation activities are developed, implemented, and validated with stakeholder input.
- Adhere to project plans, track action items, issues, and risks including follow up on items with appropriate parties to ensure their resolution and/or escalate issues in a timely fashion
- Provide expert knowledge to change consultants and support the change management elements of the finance transformation to ensure that the changes are sustainable throughout the organization.
- Identify opportunities to apply process automation as well as advanced technology and data management technologies.
- Support the development of Finance/Accounting metrics associated with core projects to support management, financial and regulatory reporting.
- Support the development of documentation, procedures, and applicable training materials for new departmental processes.
- Prepare presentations and memos for stakeholders and team members.
Qualifications:
Equivalent combination of education and experience is considered.
- Bachelor’s Degree in Business Administration, Accounting or Finance with a senior level of competency.
- Minimum of two (2) years of relevant professional experience in consulting, financial services, banking, or credit unions.
- Minimum of one (1) years’ experience implementing finance applications, loan applications and/or ERP systems.
- Demonstrated data analysis skills and the ability to understand the business processes and data.
- Excellent interpersonal, oral, and written communication and organizational skills required with ability to work with all management levels.
- Knowledge of project management methodology, processes, tools, scope management, financial tracking, scheduling, and resource management. Ability to support multiple projects simultaneously and implement changes in project direction.
- Advanced experience in Microsoft Word and Microsoft Office Excel. Experience in or strong willingness to learn Tableau and SQL is a plus.
- Experience in the development of deliverables and reports and ability to condense highly technical subject matter into clear and effective communications.
- High degree of initiative and personal ownership
- Experience using AI tools preferred.
Supervisory Responsibility
This position will not supervise employees.
Licenses and Certifications
There are no additional certifications required.
Work Environment
While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise.
*Most roles require working in an office setting with moderate noise and the ability to lift 25 pounds.*
Travel
Ability to travel to various worksites and be on-call may be required.
Pay Transparency
The anticipated starting salary range for this role is $52,200.00 - $101,613.00
This position is eligible for an organizational performance based annual bonus, subject to board discretion and approval.
This position is eligible for an individual performance based annual bonus.
#LI-Hybrid