At Solvay Bank, our formula for success combines the traditions of our culture and a sharp strategic vision. We are a growth-oriented community bank that fosters excellence, pride, teamwork and engagement in our workplace. Consider an opportunity as part of our finance team.

Financial Analyst

The Financial Analyst develops, interprets and implements financial and accounting concepts or techniques for financial planning and control. These duties include analyzing financial information to determine present and future performance and identifying trends and making recommendations accordingly. This role will be responsible for recording and monitoring the capitalization of fixed assets, preparing peer group analysis, assisting with account reconciliations, general ledger account reviews, as well as internal and external audit requests and other compliance requirements.

This is primarily an onsite position located at our corporate office in Solvay, NY.

The ideal candidate will have a bachelor’s degree in accounting or finance, a comprehensive knowledge of accounting principles and strong analytical skills, as well as 1 to 3 years of public accounting or banking experience.

For over 100 years Solvay Bank has been dedicated to our customers and our community. Join us and enjoy the many rewards; matched 401(K) retirement savings, health and dental coverage, and more.

Internal applications must be submitted by 05/24/2024

Solvay Bank is an EOE/AA/Disability/Veteran

https://dol.ny.gov/system/files/documents/2023/06/p690-your-rights-as-an-employee-to-express-breast-milk-at-work-.pdf

https://dol.ny.gov/system/files/documents/2022/02/ls740_1.pdf

Position Title: Reports To:

Financial Analyst Assistant Controller

POSITION SUMMARY:

Develops, interprets, and implements complex financial and accounting concepts, or

techniques for financial planning and control.

JOB RESPONSBILITIES

• Analyzes financial information to determine present and future financial performance.

• Identifies trends and recommends improvements accordingly.

• Coordinates with management to gather, analyze, summarize, and prepare recommendations regarding financial plans, new business planning, trended future requirements, government requirements, and operating forecasts.

• Prepares and/or supports all reporting aspects including expense control management, variance reporting, new business planning, trend analysis, government filings, and operating forecasts.

• Record and monitor the capitalization of fixed assets , including the recording of depreciation, performing monthly reconciliations, and accounting for the purchase and/or disposition of fixed assets.

• Performs required credit reviews of corporate and municipal & government entities for investments.

• Prepares peer group analysis with recommendations and/or strategies to management.

• Assists as necessary with aspects of cash reconciliations and liquidity needs.

• Performs account reconciliations, general ledger account reviews, and makes recommendations to ensure adequate internal controls over financial reporting.

• Assists with internal and external audit requests and requirements.

• Performs other tasks as requested by manager as they relate to the bank and its functions.

• Adheres to bank policies and procedures.

  QUALIFICATIONS:

• Comprehensive knowledge of accounting principles and strong analytical skills.

• Excellent written and oral communication skills.

• PC skills with a Windows environment.

  EDUCATION AND/OR EXPERIENCE:

• 4-year college degree in accounting or finance

• 1 - 3 years accounting or banking experience preferred

  PHYSICAL DEMANDS:

  The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential function.

  While performing the duties of this job, the employee is regularly required to use hands to finger, handle or feel objects, tools or controls; reach with hands and arms; and talk or hear. The employee frequently is required to stand, walk, sit, and climb stairs. Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception, and the ability to adjust focus.

  WORK ENVIRONMENT:

  The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

  The noise level in the work environment is moderate.