Western Alliance Bank

FP&A - Financial Analyst Senior

Req No.
2017-3541
Western Alliance Bank
Category
Accounting & Finance
Type
Regular Full Time
Phoenix

Overview

The Financial Analyst is primarily responsible for preparing budgets, forecasts and ongoing analysis of Western Alliance Bancorporation's (WAL) financial performance. This includes all financial modeling and analysis supporting FP&A and M&A activities. Primarily will be responsible for design and administration of WAL monthly forecast performance package with variance analysis to budget and/or forecasted information, as well as illustrating key performance trends with commentary.  In addition, position will also be involved with administering WAL’s Management Planning software (Hyperion) in support of our segment reporting on an actual and forecasted basis.  It will also be significantly involved in forecast template design and distribution and administering transfer pricing rules (FTP, Expense Allocations, Capital Allocations).  It will also perform other duties, as assigned, to support of WAL’s overall financial planning & analysis function.

Responsibilities

Budgeting/Forecasting:  Coordinate and prepare all annual budgets and monthly forecasts (3 year forward horizon). This includes, but not limited to, coordinating all field submissions and corporate items, consolidations, validation and preparation of WAL’s monthly forecast package. Assist with the annual strategic planning process as well.  Also prepare all communications (calendars, guidance, change processes, reporting) to business units as it relates to forecasting and reporting

 

Analysis:  Preparing monthly and adhoc financial analysis as it relates to WALs financial performance (variance of actuals vs budget/forecasts, trend analysis). Focus on financial and non-financial metrics.  Design reports on Hyperion planning tool to facilitate these analysis.  Assist with analysis supporting senior management and/or investor presentations on performance

 

Financial Modeling:  Develop and administer financial models for trend and sensitivity analysis.  This includes the potential impact of acquisitions and/or new business strategies on WAL’s baseline projections.

 

Reporting:  Assist with the preparation of all reporting required to senior management and business line managers on financial performance.  This includes all monthly actual and forecasted performance.

 

Other: 

  • Assist in continued enhancements to reporting and analysis of WAL’s financial performance.
  • Prepare competitive and acquisition research using the SNL tool for data mining and analysis, as assigned.
  • Perform other tasks assigned by VP of FP&A, Chief Accounting Officer, CFO, or other members of senior management as needed.

Qualifications

These specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this position.  The requirements listed below are representative of the knowledge, skill and/or ability required to perform the position in a satisfactory manner.  Individual abilities may result in some deviation from these guidelines.

  • Bachelor’s degree in business, accounting, or another relevant area of study from a four-year college or university
  • 3 to 5 Years relevant work experience including accounting, budgeting, financial analysis, or data analysis.
  • Financial services industry experience preferred, but not required.
  • Proven analytical skills necessary to research and prepare a variety of reports and analyses.

Specific skills and experience preferred

  • Advanced Excel knowledge (Vlookup, Pivot Tables, If/Then Formulas, etc.)
  • Experience working with various data files and layouts and creating data extracts
  • Experience with multi-dimensional databases (Hyperion, SRC, Cognos, etc.).  Hyperion Essbase preferred.
  • 2 years’ experience creating reports using a reporting tool

 

Other Skills and Abilities

  • Proven ability to effectively handle multiple projects concurrently.
  • Exceptional oral, written and interpersonal communication skills with the ability to apply common sense to carry out instructions, interpret documents, understand procedures, write reports and correspondence, and speak clearly to customers and employees.
  • Ability to deal with difficult problems involving multiple facets and variables in non-standardized situations.
  • Ability to define problems, collect data, establish facts, and draw valid conclusions. 
  • Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
  • Ability to travel to other locations for business needs and to assist with the needs of subsidiaries of Western Alliance Bancorporation.
  • Exceptional organizational and time management skills.
  • Ability to work with no supervision while performing duties.

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