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Financial Analyst I

Midland States Bank
Midland States Bank Salary
Effingham, IL Full Time
POSTED ON 3/21/2026
AVAILABLE BEFORE 4/21/2026

Position Title: Financial Analyst I

Locations: Effingham_IL

Time Type: Full time

Req ID: JR1195-Effingham_IL

At Midland, we’re proud to be a little different. You can see it in our bright orange signs-but there’s more to it than that. With our heartfelt and personalized approach, we’re focused on meeting every customer’s needs with the brightest solutions.

For more than 140 years, we’ve learned by serving customers skillfully with dedication and follow-through, we can brighten every interaction to drive our collective success. And this goes beyond traditional banking.

We foster programs that empower our communities, continuously invest in our employees, and actively pursue brighter futures for all.

Our humble ambition keeps us growing, giving back, and looking ahead. We’re innovating and optimizing our services to ensure we stay unique - providing strength you can count on with heart you can feel.

You might say we’re unlike any other bank.

And you’d be right."

At Midland States Bank, base salary is one component of our Total Rewards program. Exact compensation is determined by factors such as (but not limited to) education, skills, internal equity, and experience. This position offers additional compensation in the form of short-term incentives (i.e. bonus and/or commission) and may include long-term incentives (i.e. stock awards). Benefits for this role include comprehensive healthcare, well-being benefits, paid family leave as well as generous paid time off. Total Rewards also include banking perks, an Employee Stock Purchase Plan, 401K plan with company match and may include the opportunity to participate in our Non-Qualified Deferred Compensation plan. Incentives and benefits are subject to eligibility requirements.

Financial Analyst I

Salary Range: $22.00 - $26.49 an hour

Position Summary

As a member of the Financial Planning & Analysis (FP&A) team, this position is responsible for assisting and maintaining the budget/forecasting and financial reporting system (Axiom) of the bank. Additionally, this position will prepare analysis of financial data for all aspects of the bank, including budgeting and forecasting.

Primary Accountabilities

  • Assist with the monthly earnings process and financial variance analysis.
  • Assist with the development, implementation, and ongoing coordination of the quarterly forecast and budgeting process.
  • Assist in the ongoing evaluation and analysis of operating business units using financial analysis and modeling tools including general ledger research.
  • Assist with the production of monthly, quarterly and year-end management reports including ad hoc reports as requested by management.
  • Assist in the performance and provide backup of the company wide Management Reporting and Budgeting/Forecasting system, including but not limited to:
  • Data integration from multiple sources including the core and warehouse
  • Report Writing
  • User Administration
  • Update system with new releases
  • Maintain system security to the users
  • Support the quarterly rolling forecast and the annual forecast budget
  • Assist with the development, implementation, and maintenance of the internal reporting structure.
  • Work on activities and projects with others inside and outside of the Finance department; may lead small projects and coordinate resources.
  • The role requires occasional travel for training and team meetings, and willingness to travel periodically, to locations within market as needed.
  • May require work in a Midland office to ensure collaboration and support of internal and external customers.
  • Maintain compliance with all applicable regulations including, but not limited to, the Bank Secrecy Act (BSA).
  • Other duties as assigned.

Position Qualifications

Education/Experience:

  • Bachelor’s degree in Accounting or Finance.
  • 3-5 years experience, preferably Budget/Management Reporting system experience in a banking environment.
  • Superb communication, presentation, and interpersonal skills.
  • Ability to interact with all levels of management.
  • Excellent analytical skills.

Competencies:

  • Business insight
  • Cultivates innovation
  • Drives results
  • Makes sound decisions
  • Being a brand champion
  • Collaborates
  • Communicates effectively
  • Customer focus
  • Being Authentic
  • Emotional Intelligence
  • Self development
  • Being flexible and adaptable

If you require reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please direct your inquiries to Midland States Bank Human Resources at HR@midlandsb.com.

THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT

At Midland States Bank, we believe that when we can bring our whole selves to work each day, we become happier, more comfortable, more confident and more excited to do great things for our customers, each other and our company. We’re proud to be an Equal Opportunity and Affirmative Action employer. At Midland, we recruit, employ, train, compensate and promote without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. If you are looking for a place to grow, we encourage you to apply at Midland States Bank, because you belong here.

If you require reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please direct your inquiries to Midland States Bank Human Resources at HR@midlandsb.com.

THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT

Salary : $22 - $26

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