Overview
Financial Planning & Analysis Analyst Jobs in Boston, USA at The Cape Cod Five Cents Savings Bank
The FP&A Analyst supports financial planning, forecasting, reporting, and performance analysis across a multi‑bank holding company. This role helps senior leadership understand financial results, evaluate strategic initiatives, and drive data‑informed decision‑making.
Salary Grade: 17 Essential Job Functions & Responsibilities Financial Planning & Forecasting
- Support development of annual budgets and multi‑year financial plans for the holding company and each subsidiary bank.
- Build and maintain financial models, including balance sheets, income statements, and capital planning models.
- Coordinate data submissions and assumptions from business units and bank subsidiaries.
Financial Performance Analysis
- Analyze consolidated and bank‑level financial results, including NIM, loan and deposit trends, credit quality metrics, non‑interest income, and operating expenses.
- Prepare monthly and quarterly variance analyses versus budget, prior year, and forecast.
- Identify trends, risks, and opportunities that affect profitability, efficiency, and capital levels.
- Track and report key performance indicators (KPIs) such as ROA/ROE, efficiency ratio, capital ratios, liquidity ratios, and loan growth.
- Ad‑hoc reporting and analysis based on requests from management across the Bank (e.g., customer trends, unexpected deposit activity, fluctuations in banking activity).
Management Reporting
- Prepare monthly management‑level financial reports for ALCO, Executive Committee, the Board of Directors, and various Board Committees.
- Prepare ad‑hoc executive dashboards and presentations for internal reporting.
- Consolidate financials from multiple bank charters into clearly aligned management reports.
- Provide insights and recommendations to guide financial and operational decision‑making.
Profitability Measurement and Business Analytics
- Assist the Director of Financial Planning & Analysis and Financial Planning & Analysis Manager in establishing, coordinating, and maintaining a Bank profitability measurement solution and performing business analytics.
- Assist in the assessment of profitability measurement for Mutual Bancorp subsidiary banks to include:
- Organizational profitability measurement of branches and profit and cost centers.
- Provide analysis and review of current product line profitability for management assessment.
- Assist in responding to ad‑hoc requests from Senior Management for business analyses.
Data & Systems
- Maintain and enhance FP&A tools, reporting mechanisms, and financial databases.
- Work with Data & Analytics teams to improve data integrity, reporting accuracy, and automation.
- Support implementation or optimization of corporate planning software.
Qualifications Education & Certifications
- Bachelor’s degree in Finance, Accounting, Economics, or related field.
Experience
- 2–5 years of experience in FP&A, corporate finance, banking finance, or related field.
Knowledge, Skills & Abilities
- Strong financial modeling and analytical skills.
- Proficiency with Excel; experience with BI tools (Power BI, Tableau) preferred.
- Knowledge of banking financial statements, regulatory ratios, and bank performance drivers strongly preferred.
- Excellent communication skills—ability to distill complex information for executives.
- Strong attention to detail, organization, and cross‑functional collaboration.
- Analytical thinking and problem solving.
- Business and financial acumen specific to banking.
- Intellectual curiosity and proactive mindset.
- High integrity and commitment to accuracy.
Competencies
- Must have cyber security awareness to protect the digital environment, the Bank, and customers.
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Title: Financial Planning & Analysis Analyst
Company: The Cape Cod Five Cents Savings Bank
Location: Boston, USA
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