Junior Financial Analyst
1 week ago
As a Financial Analyst I, you will collaborate closely with the Manager of Budgeting and Analysis to execute annual budgeting processes, conduct monthly financial performance evaluations, and facilitate quarterly financial forecasting. Your role will also encompass cost and profitability assessments, acquisition evaluations, and various special projects.
Key Responsibilities:
- Maintain and enhance the Budgeting/Forecasting Model's system.
- Collaborate with the Manager and other analysts to produce Funds Transfer Pricing (FTP) and Monthly Operating Performance Reports.
- Conduct financial analysis and problem-solving related to performance reporting and transfer pricing.
- Coordinate, consolidate, and analyze the annual budget and quarterly forecasts.
- Provide financial analysis and planning support to various organizational units.
- Assist in acquisition analysis and special projects as directed by the Manager.
- Uphold a commitment to established Bank programs, including CustomerFirst and Equal Employment Opportunity.
- Gather data from diverse systems and prepare comprehensive reports using Excel, PowerPoint, and Adobe Acrobat.
- Create detailed narratives summarizing financial results.
Qualifications:
- A Bachelor's Degree or equivalent is required.
- A minimum of 1 year of financial analysis experience is essential.
- Advanced proficiency in Excel, including macros and pivot tables, is required.
Skills and Knowledge:
- Previous experience in report preparation is advantageous.
- Ability to manage and analyze high volumes of data efficiently, organizing findings into clear and concise presentations.
- Strong problem-solving skills, with the ability to distinguish between symptoms and root causes.
- Capacity to prioritize tasks and manage multiple projects under tight deadlines.
- Excellent verbal and written communication skills to engage with all levels of personnel.
- Strong analytical skills and the ability to apply basic procedures relevant to the position.
Compensation:
The starting base salary for this position is $36.69 per hour. Compensation may vary based on skills, experience, and location. This role is eligible for bonuses and/or commissions.
Benefits and Perks:
City National Bank is dedicated to providing a comprehensive benefits package to support our colleagues. We are committed to diversity and inclusion, ensuring equal opportunity for all applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other protected status.
About City National:
Founded in 1954, City National Bank has a legacy of integrity and community focus, dedicated to fostering exceptional client relationships. As a subsidiary of the Royal Bank of Canada, we continue to drive significant growth while prioritizing personal connections in business.
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