Financial Analyst

Company: CSBS
Location: Washington
Posted on: March 4, 2025

Job Description:

CSBS Corporate, 1300 I Street NW, Washington, District Of Columbia, United States of America Req #258Tuesday, December 17, 2024The Finance Analyst will be responsible for maintaining and analyzing both historical and current financial data to assess the financial health of CSBS. Conducting financial forecasting and performing variance and reconciliation analyses. Additionally, the analyst will utilize advanced forecasting tools to automate data analysis, evaluate capital expenditures, and develop predictive financial models to aid in strategic decision-making. This position also requires the analysis of financial processes to identify and implement improvements, participation in the annual budgeting process, establishing financial benchmarks, and monitoring financial metrics to notify stakeholders of critical deviations. The analyst will also keep abreast of industry trends to enhance financial forecasting accuracy.Essential FunctionsTo perform this job successfully, an individual must be able to perform each essential duty and responsibility satisfactorily. Reasonable accommodations may be made to enable an individual with disabilities to perform the essential functions. Other duties may be assigned to meet business needs.

• Analyze historical and current financial data to understand CSBS's financial status.
• Perform financial forecasting, variance analysis of actual versus forecast, and reconciliation of internal accounts.
• Utilize forecasting tools to automate financial data analysis.
• Evaluate capital expenditures, depreciation, and amortization.
• Maintain predictive financial models to support organizational decision-making.
• Analyze processes to identify gaps that can improve financials.
• Participate in the annual budget process.
• Track current financial data to alert management in case of deviation.
• Study industry-specific research and available data to predict trends.
• Create financial reports that enable management teams to make strategic decisions to meet business goals.
• Obtain knowledge of invoicing functionality in all NMLS related systems.
• Manage business stream related invoice renewals, review and validate system reports, and create related invoices.Minimum QualificationsEducation and Experience
  • Bachelor's degree, preferably with a major in finance, economics or accounting.
  • 5-7 years proven experience working as a financial analyst.
  • Certified Public Accountant (CPA), preferred.Knowledge, Skills, and Abilities
    • Financial Accounting: Deep understanding of financial principles and practices, including Generally Accepted Accounting Principles (GAAP).
    • Financial Analysis: Expertise in analyzing financial data to detect trends, forecast future performance, and assess financial health.
    • Data Analysis Tools: Proficiency in financial forecasting and analysis tools such as Excel, SAP, Oracle, or specialized financial modeling software.
    • Budgeting: Understanding of budget preparation, analysis, and management.
    • Economic and Industry Trends: Awareness of the economic and industry-specific trends that can influence financial forecasting and strategic planning.Requirements
      • Due to the nature of CSBS's business in support of state financial services supervision, all CSBS employees have the potential of interacting with confidential information related to the supervision of financial services companies ("Confidential Supervisory Information"). As a result, in addition to general business conflicts of interest, all CSBS employees are expected to disclose conflicts of interest in financial services companies on at least an annual basis and to proactively avoid such conflicts.
      • Protect the confidentiality, integrity, and availability of CSBS information and information systems in accordance with CSBS policies and procedures.Working Conditions
        • General office.Compensation at CSBSAt CSBS, salary offers are determined within the established range based on a candidate's experience, education, and the market demand for the role. Where appropriate, we also carefully benchmark against similar internal positions to ensure equity and consistency.In addition to competitive salaries, CSBS offers a comprehensive benefits package, a flexible hybrid work environment, and an inclusive culture. Learn more about our benefits, culture, and work environment by visiting CSBS Careers.
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Keywords: CSBS, Washington DC , Financial Analyst, Accounting, Auditing , Washington, DC