Commerce Bank - Clayton, MO
posted 3 months ago
As a FP&A Analyst at Commerce Bank, you will play a crucial role within the Financial Planning and Analysis (FP&A) team, acting as a financial liaison for designated departments within the Bank. Your primary responsibilities will include conducting monthly reporting, variance analysis, unit cost studies, budgeting, forecasting, and other financial analyses. You will collaborate with various levels of management within the Business Unit and corporate stakeholders to develop, interpret, and implement financial reporting that supports strategic planning, budgeting, and forecasting efforts aimed at driving business results. In this role, you will be responsible for executing the monthly, quarterly, and annual internal management reporting processes established by management. This includes providing accurate and timely outputs that are critical to other FP&A reporting and processes. You will perform financial forecasting, reporting, and operational metrics tracking, ensuring that the financial performance is reported accurately and prepared for regular leadership reviews. Your analytical skills will be essential as you analyze past results, perform variance analysis, and identify trends and anomalies in financial performance by comparing actual results with plans and forecasts. Additionally, you will update financial models and analyses to support strategic initiatives, research and synthesize data from multiple sources into actionable business information, and identify and drive process improvements, including the creation of standard and ad-hoc reports. Supporting Business Unit leaders with data-driven analysis will also be a key aspect of your role, along with performing other duties as assigned.