Financial Business Analyst
1 week ago
River Run Services LLC manages a shared services organization supporting two community banks, Newburyport Bank and Pentucket Bank. The company aims to provide scale, advanced products, and operational efficiencies while maintaining its independent mutual bank status.
The estimated annual salary for this position is around $70,000 - $90,000 depending on experience.
This role requires working closely with the Chief Financial Officer (CFO), Controller, and other leadership team members to produce timely, accurate, and useful financial reporting information.
Main Responsibilities:
- Maintaining financial reporting databases to ensure accuracy of current and historical information.
- Supporting various aspects of financial reporting processes such as management reporting, board reporting, financial statement creation, and regulatory reporting.
- Creating monthly financial reporting materials for distribution to management.
- Compiling information for regulatory reporting requirements, including the quarterly Call Report, other FRB, and FDIC reporting.
- Supporting the creation of the annual report financial statements.
- Supporting the Bank's Asset Liability Management (ALM) program including maintaining cash management, investment, and borrowing databases.
- Supporting the creation of the Balance Sheet and Income Statement for the annual 3-year Strategic Planning process.
- Preparing earnings forecasts and other projections as necessary.
- Establishing and maintaining a bank-wide profitability process for divisions and projects.
- Driving financial and profitability analysis projects such as review of legal entities, departments, divisions, loan products, and deposit products.
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