FP&A Analyst

About the position

Candescent is the largest non-core digital banking provider. We bring together the transformative technologies that power and connect account opening, digital banking and branch solutions for banks and credit unions of all sizes on any core. Our Candescent solutions power the top three U.S. mobile banking apps and are trusted by banks and credit unions of all sizes. We offer an extensive portfolio of industry-leading products and services with an extensible ecosystem of out-of-the-box and integrated partner solutions. In addition, our API-first architecture and developer tools enable financial institutions to optimize and expand upon their existing capabilities by seamlessly integrating custom-built or third-party solutions. And our connected in-person, remote and digital experiences reinvent customer service across all channels. Self-service configuration and marketing tools give financial institutions greater control of their branding, targeted messaging and overall user experience. And data-driven analytics and reporting tools provide valuable insights to help drive continued growth and profitability. From conversions and implementations to custom development and customer care, our clients get expert, end-to-end support at every step.

Responsibilities

• Develop and maintain financial models to support the strategic planning process.
• Analyze current and past trends in key performance indicators, including all areas of revenue, cost of sales, expenses, and capital expenditures.
• Monitor performance indicators, highlighting trends and analyzing causes of unexpected variances.
• Coordinate with business unit and corporate department leaders to prepare the annual budget and periodic forecasts.
• Provide detailed monthly and quarterly financial reviews and updates.
• Analyze complex financial information and reports to provide accurate and timely financial recommendations to management for decision-making purposes.
• Prepare monthly, quarterly, and annual reports that compare actual results to forecasts and budgets.
• Develop and maintain departmental reports and dashboards to provide critical financial and operational information to the business unit and senior management.
• Ensure quality control over financial transactions and financial reporting.
• Support long-term business planning and new initiatives analysis.
• Work with the business unit to assess the financial implications of new contracts, products, or other initiatives.
• Assist with the preparation of presentations to Board of Directors and Senior Management Team.
• Collaborate with other finance team members to support overall department goals and objectives.
• Work closely with the accounting team to ensure accurate financial reporting.
• Liaise with business unit and corporate department leaders to gather, understand, and ensure accuracy of financial data.
• Perform ad-hoc analysis and financial modeling to support specific projects.
• Identify opportunities for performance improvement across the organization.
• Participate in cross-functional teams to solve business or financial problems.

Requirements

• Bachelor's degree in Finance, Accounting, Economics, or related field.
• MBA, CPA, CFA, or other relevant graduate degree or certification is a plus.
• Minimum of 2-5 years of experience in financial analysis, budgeting, and forecasting.
• Strong understanding of Generally Accepted Accounting Principles (GAAP).
• Proficiency in financial modeling techniques and in using financial software and systems (e.g., SAP, Oracle, Hyperion, Excel).
• Excellent analytical, decision-making, and problem-solving skills.
• Attention to detail and the ability to prioritize and deliver in a fast-paced and dynamic environment.
• Strong communication and interpersonal skills, with the ability to present financial data using detailed reports and charts.
• Demonstrated ability to work collaboratively across different levels of an organization.