Business Finance Role
As a key member of Business Finance, this role serves as a strategic partner, providing financial support to the Commercial Bank. This role will oversee business line finance responsibilities, including:
Essential Functions:
- Experience acting as a Line of Business CFO supporting Commercial
- In-depth knowledge of the banking industry
- Create a business review clearly stating the priorities, success measures, and projected financial outcomes of the business line
- Play a lead role with the creation of the annual budget and subsequent forecasts, including data gathering and preparation of exhibits for senior leadership, including identification of potential financial risks and opportunities
- Analyze and/or create where necessary, production and budget metrics impacting the income statement and balance sheet
- Work with the Commercial Bank to explain variances to budget/forecast and clarification of profitability reporting
- Ability to work with and influence leadership across all levels
- Prepare financial statements, analyze performance and provide insights and explanations, enabling business leaders to make more informed decisions
- Provide financial expertise and guidance on key decisions and initiatives
- Provide targeted financial expertise to help improve financial performance
- Provide guidance for quarterly earnings, analyst calls and Board of Directors meetings
- Establish strong KPIs and metrics to track overall business performance
- Maintain documentation of all processes within the Business Finance team, including the creation of process documentation that may not currently exist
- Support the development and documentation for line of business strategic plan
- Perform ad-hoc analysis, as necessary
- Ability to manage, develop and supervise other individuals as part of a team
Additional Essential Functions:
- Ensure compliance with Northwest's policies and procedures, and Federal/State regulations
- Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency
- Work as part of a team
- Work with on-site equipment
Additional Responsibilities:
- Complete other duties and special projects as requested by management
- Safety and Health for Supervisors with Direct Reports
- Provide leadership and positive direction for maintaining the safety and loss prevention program
- Actively participate in and support employee participation in the safety and loss prevention program by ensuring that employees know how to properly report a safety issue, making sure that all accidents are promptly reported to Human Resources and documented, and ensuring that prompt action is taken whenever workplace hazards are identified
- Help implement emergency procedures
Qualifications:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education: Bachelor's Degree Finance, Accounting or related degree And Master's Degree Finance, Accounting or Business Administration
Work Experience: 12 - 15 years Accounting, Finance or related work experience And 8 - 12 years Experience leading a business line/P&L And 8 - 12 years Financial planning and analysis, accounting, strategic planning with financial services industry