Junior Analyst - Financial Planning & Analysis
Job Overview
PenFed is hiring a (Hybrid) Junior Analyst - Financial Planning & Analysis at our Tysons, Virginia location. The primary purpose of this role will be the financial forecasting of company’s balance sheet and income statement, which includes interest income, interest expense and other income/ expense projections and measure actual performance against goals/forecasts.
Responsibilities
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This is not intended to be an all-inclusive list of job duties and the position will perform other duties as assigned.
- Prepare monthly expense reports and review results with PenFed Business Units' senior leaders.
- Partner with business lines to develop rolling forecasts, including identifying key risks and opportunities while critically evaluating business assumptions.
- Provide insightful variance analysis and partner with business lines to deliver key information for decision-making, including development of business cases as needed.
- Support the multi-year budgeting process, quarterly forecasting, and monthly estimates; load and verify data in OneStream.
- Improve and automate reporting, develop new reports, metrics, and KPIs to improve forecasting and monitor business unit performance.
- Leverage current systems and collaborate with stakeholders to optimize and automate expense reporting and forecasting.
- Create and efficiently maintain expense, forecast, and budgeting models.
Qualifications
Equivalent combination of education and experience is considered.
Bachelor’s degree in finance or related field is required; master’s degree is preferred.
Must have advanced Excel and PowerPoint skills.
Strong data analysis skills and ability to synthesize data into key insights are necessary
Python or knowledge of similar programming languages is a plus.
Familiarity with data visualization tools like Tableau or Power BI is preferred.
Experience with large datasets and knowledge of software such as SQL, OneStream/Hyperion, and PeopleSoft ERP strongly preferred.
Attention to detail and accuracy required.
Intermediate research, analytical, and problem-solving skills required.
Excellent oral and written communication skills (for presenting expense results to senior management).
Able to work both independently and as part of a team.
Experience using A.I. tools preferred.
Supervisory Responsibility
This position will not directly supervise employees.
Licenses and Certifications
There are no additional certifications required.
Work Environment
While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise.
*Most roles require working in an office setting with moderate noise and the ability to lift 25 pounds.*
Travel
Ability to travel is not required.
#LI-Hybrid
Benefits
At PenFed, we offer a robust benefits package designed to support you both personally and professionally. You’ll have access to comprehensive health, dental, and vision plans; paid time off; and family-friendly benefits like paid parental leave, care support, and fitness center access. Financial wellness is encouraged through features like a 401(k) match, employee loan discounts, and fully paid life and disability coverage. We also support growth via education assistance, community involvement, and volunteer opportunities.
Our Purpose
Helping members achieve their dreams since 1935.
Pentagon Federal Credit Union (PenFed) is one of America's largest federal credit unions, serving 2.8 million members worldwide with $29 billion in assets. PenFed offers market-leading certificates, checking and savings, credit cards, personal loans, mortgages, auto loans, and a wide range of other financial services, always with members' interests in mind. PenFed is federally insured by the NCUA and is an Equal Housing Lender.
Berkshire Hathaway HomeServices PenFed Realty, LLC is a full-service real estate company ready to assist our clients with buying, selling and renting a home. The company is a wholly owned subsidiary of PenFed Credit Union and is the largest independently-owned brokerage in the Berkshire Hathaway HomeServices network, placing us in the top 1% of all real estate brokerages in the country.
With almost 60 offices and nearly 2,000 world-class sales professionals, we offer complete service coverage in Virginia, Maryland, the District of Columbia, Delaware, Pennsylvania, West Virginia, Florida, Tennessee, Kansas and Texas. In addition, we also offer specialized client services which include management of vacation properties and long-term rentals, corporate relocation services and national referral network.
Equal Employment Opportunity
PenFed management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment. PenFed will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same.
PenFed will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to PenFed. Contact human resources (HR) with any questions or requests for accommodation at 402-639-8568.
