Financial Planning & Analysis Manager

Job Title
Financial Planning & Analysis Manager

Salt Lake City, UT

The Company
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 ("FP&A Manager") to join the Finance Team to manage and perform the budgeting , forecasting, profitability 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 FP&A Manager will be located in Salt Lake City, Utah and will report to the Controller.

Primary Responsibilities
  • Budgeting/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 contract.
    • 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 daily basis and assist on special projects as assigned.
  • Perform other related duties/projects as assigned or requested.
Minimum Requirements
  • Bachelor'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 FP&A Professional or other applicable professional certification
  • Experience using databases and large data sets
  • Banking experience
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