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Financial Reporting & Analysis Manager
Frandsen Bank Saint Paul, MN
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$126k-160k (estimate)
Full Time 1 Week Ago
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Frandsen Bank is Hiring a Financial Reporting & Analysis Manager Near Saint Paul, MN

  • Administer the Profitstar financial reporting system and prepare a variety of monthly financial reports from this system to executive management and bank office presidents. Responsible for the creation and preparation of a variety of external financial reporting and analysis assignments including, but not limited to, Call reports and form Y-9 filings.Assist in the preparation of the annual Audited Financial Statements (including footnotes).
  • Calculate and distribute monthly and quarterly bonus/incentive amounts for the Bank and Holding Company employees. Provide quarterly loan origination reports to bankers for analysis/approval of incentive payouts to lenders.Complete analysis and documentation to confirm regulatory compliance with lender incentive pay rules. Maintain loan records and incentive calculations for commissioned mortgage lenders.
  • Maintain the general ledger chart of accounts and appropriate updates to core system reports.
  • Prepare cash flow projections for bi-weekly Funds Management & Investment Committee (FMIC) meetings, and a variety of supplemental reports for the quarterly Asset/Liability Committee (ALCO) meetings.
  • Prepare financial statements for the Financial Investment Services (FIS) line of business. Track FIS commissions, generate income/expense postings, calculate incentive payments for investment representatives.Provide reporting as needed to FIS program manager, CEO, and CFO.Reconcile Frandsen Insurance Services internal bank accounts for outside business.
  • Co-manage the income and expense allocations performed in the Bank.
Salary range is $89,000 - $134,000 based on the experience.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

Job Summary

JOB TYPE

Full Time

SALARY

$126k-160k (estimate)

POST DATE

05/03/2024

EXPIRATION DATE

05/20/2024

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