Financial Planning and Analysis Manager

Job Title
Financial Planning and Analysis Manager

Salt Lake City, UT

WebBank (the "Bank") is headquartered in Salt Lake City, Utah and is an FDIC insured, Utah state chartered bank. WebBank is a leading national provider of online consumer and small business loans made in partnership with finance companies, OEMs, retailers and financial technology companies.

Position Summary
WebBank is looking for a Financial Planning & Analysis Manager ("FPandA Manager") to join the Finance Team to manage and perform the budgeting, forecasting, profitability analysis and prospective Strategic Partner analysis and prospective Strategic Partner analysis activities of the Bank.  This position will be cross-trained to assist with the daily cash settlement process and will also assist with various special projects.  The FPandA Manager will be located in Salt Lake City, Utah and will report to the Controller.

Primary Responsibilities
  • Budget/Forecasting
    • Create annual budget with inputs from all departments.
    • Maintain up-to-date records explaining budget and forecast variances.
    • Update the current year forecast monthly.
    • Make recommendations for improving Bank financial performance.
    • Assist senior management with the financial information needed for acquisitions and new bank products.
    • Perform ad-hoc financial analysis and assist with projects as required.
    • Prepare and maintain up-to-date procedures for all budgeting and forecasting functions.
  • Strategic Partner Analysis
    • Conduct a detailed cost analyses that ensures pricing is commensurate with risks to the Bank for all new and re-negotiated contracts.
    • Prepare projections for potential increases in SP Program Threshold Amounts.
  • Daily Funding Settlement Process
    • Assist the settlement team as a backup in initiating all Strategic Partner daily wires and ACH funding.
  • Financial Reporting
    • Assist in preparing tables for footnote disclosures.
    • Prepare budget status reporting for ALCO and Board of Directors meetings.
    • Produce other ad hoc reports as needed.
  • Interact with Controller and CFO on a daily basis and assist on special projects as assigned.
  • Perform other related duties/projects as assigned or requested.
Minimum Requirements
  • Bachelors's degree in Accounting, Economics or Finance
  • Five years of experience with budgeting, forecasting and complex modeling
  • Power user of Excel with complex linked spreadsheets
  • Solid computer skills with other Microsoft Office software
  • Exceptional written communication skills
Preferred Requirements
  • MBA or Master's degree in Accounting, Economics or Finance
  • Certified FPandA Professional or other applicable professional certification
  • Experience using databases and large data sets
  • Banking experience
If you would like to apply for this position,  please send your resume to: