First Commerce Credit Union · 8 hours ago
Financial Analyst I
Tallahassee, FL
Full-time
Onsite
Mid Level
3+ years expFirst Commerce Credit Union is committed to empowering lives and transforming communities. They are seeking a detail-oriented Financial Analyst I to support financial analysis, reporting, and planning processes, ensuring compliance with guidelines and assisting in strategic decision-making.
BankingFinancial ServicesNon Profit
Responsibilities
Assist with the monthly calculation of the Allowance for Credit Losses (ACL) and ensure CECL compliance
Become proficient with asset/liability management software and help produce monthly financial statement projections
Prepare daily and monthly financial reports for management, the Board of Directors, and the Asset/Liability Management Committee (ALCO)
Gather data and provide support during the annual budget preparation process
Perform accounting and reporting duties for the investment portfolio, including monitoring pledged investments for public funds
Assist in preparing monthly Profitability Reports
Evaluate the financial strength of Credit Union vendors for vendor management purposes
Prepare monthly Budget Variance Reports with accuracy and timeliness
Assist with lease accounting using TValue software
Support the preparation of the ERM Dashboard
Contribute to the review of the quarterly Call Report prior to submission
Help maintain and update the Peer‑to‑Peer model and produce comparative industry reports
Review all computer‑generated financial model reports for accuracy and completeness
Participate in the model validation process for financial software
Perform additional duties as assigned
Qualification
Required
BA/BS in Finance or Accounting required
3+ years of experience in financial institution finance or accounting
In-depth understanding of accounting and finance principles
Excellent interpersonal and analytical skills
Strong written communication abilities
Working knowledge of Excel and Microsoft Word
Familiarity with cost accounting principles (e.g., activity‑based costing, variance analysis, transfer funds pricing, capital allocations)
Willingness to develop expertise in CECL requirements and apply them to ACL analysis
Benefits
Health, dental, and vision insurance
401(k) with company match
Generous PTO and paid holidays
Employee assistance programs
Ongoing training and professional development
Clear career advancement opportunities
$500 referral bonus when you help us find our next great hire!
Company
First Commerce Credit Union
First Commerce Credit Union is a non-profit organization that offers online and mobile banking services.
51-200 employees
Funding
Current Stage
Growth StageTotal Funding
$0.5MKey Investors
Community Development Financial Institutions Fund
2023-04-10Grant· $0.5M
Leadership Team
Cecilia Homison
CEO
Recent News
Tallahassee Democrat
2023-12-20
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