Sr Expense Analyst FP&A

PenFed is hiring a (Hybrid) Sr. Expense Analyst-FP&A at our Tysons., Virginia location.  The Sr. Expense Analyst to act as an advisor to management across PenFed, providing guidance and influence to align departmental spending with PenFed’s strategic goals. In this role, you will partner with management to provide high-impact analysis that translates expense trends into executive-level narratives that drive bottom-line improvements, enhancing the value we provide our members. In addition, the Sr Expense Analyst will focus on scalability by leveraging automation tools to streamline recurring reporting, allowing more time for deep-dive analysis. The Sr Expense Analyst is self-starter who is not only analytically strong but a confident communicator capable of transforming complex data into actionable business insights for senior leadership. 

Reasonable accommodation 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.

• Analyze and forecast expenses to enable senior level management to make effective decisions. Forecasting activities include producing monthly estimates, a midyear forecast, and an annual plan.
• Produce and present monthly reporting for review with senior level team members of PenFed Business Units helping them to understand results. Provide insight into variance analysis as needed.
• Manage relationships with technology and risk management departments, partnering with these organizations to forecast and manage expenses.
• Identify and track risks and opportunities, running scenarios as necessary, to enable business partners to make fully informed decisions and proactively manage their earnings.
• Load data into the EPM system and check for accuracy.
• Identify ways to improve and automate reporting, create and track new reporting, performance metrics, and KPI’s to help business units track their results.
• Use existing systems and collaborate with stakeholders to improve forecasting and reporting capabilities.
• Create / maintain expense, forecast, and budgeting models.
• Participate in FP&A of the Future to drive continuous and long-term improvements, including working with FP&A team to help implement and enhance new EPM system (OneStream).
• Mentor / coach analysts on best practices, analysis and model-building.

Equivalent combination of education and experience is considered.

• Bachelor’s degree in finance, related field or the equivalent combination of training, education, and experience is required.
• Master’s degree in accounting, Finance, related field or the equivalent combination of training, education, and experience is preferred.
• Minimum of three (3) years of relevant professional experience in consulting, financial services, banking, or credit unions.

   

• Strong data analysis skills and experience working with large datasets required.

• Expert Excel skills and strong PowerPoint skills required.

• Knowledge of coding, data visualization and analysis packages is preferred (e.g. SQL, Python, R, Tableau, Power Query Power BI).

• Attention to detail and accuracy is a must.

   

• Intermediate research, analytical, and problem-solving skills.

• Excellent communication skills to help team articulate results to senior management.

• Ability to work independently and in a team environment.

Supervisory Responsibility

This position will not 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