At VyStar, we offer competitive pay, an excellent benefit package that includes a 401(k) Plan, an extensive paid technical and on-the-job training program, and tuition reimbursement--available to all full and part time employees. Part time positions start at a minimum of 30 hours per week.
We encourage you to become a part of VyStar Credit Union's family of employees.
Financial Planning & Analysis System Lead ACCOUNTABILITY STATEMENTThe incumbent will be the part of the Financial Planning & Analysis team and assist the Financial Planning Manager/AVP/VP or SVP Financial Planning, Pricing and Profitability in carrying out the broader Finance department mission. Responsibilities include maintaining the technical aspects of Workday Adaptive Planning software, ensuring accurate headcount reconciliation between systems, and supporting business units through comprehensive reporting, budgeting, and forecasting.
FP&A leads the annual operating (AOP), or budget, process and long-term planning exercises including tracking variances. These duties require building and maintaining different models with business intelligence tools including Workday Financials, Workday Adaptive Planning, VyStar data lake and other sources of data/modeling. The FP&A team will work closely with the Financial Risk Management (FRM) team, Advanced Analytics team, Accounting and other business units. FP&A also maintains documentation of all models and methodologies, including a model catalog with documentation and testing of all model changes.
ESSENTIAL FUNCTIONS:
- Workday Adaptive Planning Maintenance and Improvement:
- Oversee the technical aspects of Workday Adaptive Planning software.
- Ensure system integrity, data accuracy, and optimal performance.
- Stay up to date on quarterly system upgrades, enhancements, and integrations as needed.
- Provide technical support and training to users.
- Continuously monitor and improve the financial planning model to enhance accuracy and efficiency.
- Develop and implement best practices for model maintenance and data management.
- Collaborate with stakeholders to identify opportunities for process improvements and automation within the planning model.
- Conduct regular reviews and updates of the planning model to reflect changes in business operations and strategies.
- Collaborate and manage tickets with external support consultants as their assistance is needed for model management or enhancements.
- Assist on other financial systems as needed including but not limited to ALM forecasting and profitability systems.
- Headcount Reconciliation and Compensation Forecasting:
- Perform regular headcount reconciliation between Workday HCM and Adaptive Planning system.
- Ensure seamless integration and data flow between Workday HCM and Adaptive Planning. This includes collaboration with HR and IT teams to maintain data consistency and accuracy.
- Identify and resolve discrepancies in headcount data across systems.
- Maintain and improve compensation forecasting models to support budgeting and financial planning.
- Analyze compensation data to provide insights and recommendations for efficiencies in associated financials.
- Ensure that compensation forecasts align with overall financial goals and budgets.
- Provide detailed reports on headcount and compensation trends to support strategic decision-making.
- Documentation of Financial Systems and Procedures:
- Develop and maintain comprehensive documentation of Workday Adaptive Planning.
- Ensure all forecasting processes are well-documented and easily accessible to relevant stakeholders.
- Create user guides, training materials, and standard operating procedures for financial systems.
- Regularly review and update documentation to reflect changes in systems and processes.
- Provide training and support to users on documented procedures and best practices.
- Budgeting/Forecasting Reasonability:
- Interacts with key stakeholders and business units to derive key inputs, etc.
- Produce the AOP package including financial statements, ratios, analysis, etc.
- Contributes to decision-making regarding capital expenditures including branch pro-forma analysis.
- Pursues tactics for streamlining and automating AOP process to reduce operational risks.
- Maintain a rolling corporate forecast for non-interest income and non-interest expense to be included in the ALM model.
- Contributes to business planning cycle, including but not limited to forecasting, and validating expected ROI, capital expenditure and challenging assumptions.
- Contributes to automation of data gathering, reports and presentations to include financial statements, variance reporting, ratios, slides and other analysis
JOB KNOWLEDGE, SKILLS & ABILITIES
Qualifications:
- Proven experience with Workday Adaptive Planning software or other budgeting or forecasting systems.
- Strong technical skills and experience in financial systems maintenance.
- Strong understanding of database architecture, data security and file transfer functions.
- Excellent analytical and problem-solving abilities.
- Strong communication and interpersonal skills.
- Ability to work independently and as part of a team.
- Proficiency in Microsoft Excel and other financial software.
- Ability to work with both finance and non-finance professionals.
Preferred Qualifications:
- Advanced degree or certification in Finance or Accounting.
- Experience in headcount reconciliation and financial reporting.
- Knowledge of other financial planning and analysis tools.
EDUCATION
Required:
- Bachelor's degree in Finance, Accounting, Business Administration, Information Technology or a related field.
- 5+ years of professional experience with data analysis activities and tools such as SQL, R or SAS.
- 5+ years of experience in Financial Planning & Analysis software experience
- 3+ years of Workday Adaptive Planning software experience
- 5+ years of related experience
Highly Preferred:
- Masters of Business Administration (MBA) or Master's Degree in a Quantitative or Finance discipline.
- Knowledge of credit union/bank products and services
- Workday Adaptive Pro certification
DISCLAIMERS AND WORK ENVIRONMENT
Nothing in this position description is an implied contract for employment. The position description is intended to be an accurate account of the essential functions. The functions are not all encompassing and are subject to change at any time by management.
The work environment characteristics described are representative of those that an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
As required or requested, may exert up to 20 pounds of force occasionally and/or a negligible amount of force constantly to lift, carry, push, pull or otherwise move objects.
VyStar Credit Union is not seeking outside assistance or accepting unsolicited resumes from staffing agencies or search firms for employment or contractor opportunities. Any resumes submitted by an outside vendor to any employee at VyStar via e-mail, internet, or directly to hiring managers without a valid written search agreement with the Talent Acquisition / HR department will be deemed the sole property of VyStar Credit Union.
No placement fee will be paid if a candidate is hired as a result of the referral, or through other means.
Thank you for your inquiry regarding our current job opening. Your resume will be carefully reviewed against the position requirements. Should your experience and skills match, you will be contacted by one of our Human Resources department staff members.
Thank you again for your interest in this position!
VyStar Credit Union Human Resources