Financial Planning - Honolulu, United States - Bank of Hawaii

Description

Job Description

Under the direction of the Segment Finance Officer, this position works closely with assigned business unit managers to forecast and prepare monthly, quarterly and annual financial/management reports.

This position also provides support to senior Management Reporting Analysts as necessary in various planning, budgeting and reporting processes, as well as assisting with data pulling and financial analyses as needed.

Assigned business units for this position include business units with non-interest income, non-interest expense, and balance sheets. Responsibilities can vary depending on the business unit assigned.

If applicable or appropriate, assists in business unit's compliance with applicable laws, regulations, regulatory requirements and Bank policies and procedures, including but not limited to those related to Fair Banking, Anti-Money Laundering laws and regulations, Bank Secrecy Act and USA PATRIOT Act.

Responsibilities

Creates and executes reports for senior/executive management highlighting unit performance. Provides variance reporting against operating, capital and/or business unit forecasts/budgets. Maintains cost allocation methodologies through updated activity-based cost studies or discussions with support service units or distribution channels.

Able to analyze and explain risk-based economic reporting concepts, including income and expense allocations, funds transfer pricing, allocated equity and economic provision.

Works with business unit managers to develop monthly forecast and annual budget and plan. Assists in creating strategic plans and business unit, capital and operating budgets as necessary.

Monitors and reports on the status of assigned business units against projected deliverables, objectives and budgets that were developed during the planning process.

Compiles, interprets and reports on information from various data sources to explain developing trends of interest to the business unit manager.

Also provides information on an ad hoc basis as requested.

Communicates with business unit users and/or other database users to ensure that the necessary data for financial management reporting purposes is gathered.

Proposes and implements solutions to correct/improve data, if necessary. Clearly and concisely presents relevant context and findings.

Identifies "out of balance" situations in line of business or product profitability reporting, unreasonable relationships to activity costs for a particular cost center, and potential anomalies in forecast or budget inputs.

Utilizes database tools and business unit interaction to isolate problems and assist in development of solutions. Increases knowledge of the various databases, business units and industry knowledge to facilitate implementing resolution.

Performs all other miscellaneous responsibilities and duties as assigned.

This position requires use of a personal computer and other standard office equipment (fax, copier, calculator and telephone).


Qualifications

MINIMUM QUALIFICATIONS:

Education:
Bachelor's degree from accredited institution in finance, accounting or related field, or equivalent work experience.

Experience: - 3 years of work experience in accounting, finance or related field. Financial reporting experience preferred. Banking or financial services industry preferred.

Technical Skills:
Demonstrated proficiency and expertise with personal computers and Microsoft applications (Outlook, Word, Excel and Power Point). Knowledge of or ability to use bank systems and software preferred.

Other Job Qualifications:
Demonstrated verbal and written communication skills, including presentation skills. Must be analytical, detail oriented and organized. Must be able to meet deadlines and handle multiple priorities. Able to work flexible hours including holidays, weekends and evenings as needed or assigned.

All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of any legally protected classification including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or protected veteran status.

Bank of Hawaii takes affirmative action in support of its policy to advance in employment legally recognized individuals including minorities, women, protected veterans and individuals with disabilities.

As a Bank of Hawaii employee, you ensure (or assist with ensuring) compliance with applicable laws, regulations, regulatory requirements and Bank policies and procedures, including but not limited to those related to Fair Banking, Anti-Money Laundering laws and regulations, Bank Secrecy Act and USA PATRIOT Act.

Delivering exceptional customer experiences is at the heart of what we do at Bank of Hawaii. We listen, understand and deliver what our customers need to help them build a better tomorrow. We are an EEO/AA employer, including disability and veterans. For Bank of Hawaii's full EEO statement, please visit