Job Information
Heritage Bank Finance Officer in Tacoma, Washington
Base Salary Range:
*Finance Officer - *$87,340.00 - $109,180.00 - $131,010.00 annual
*Senior Finance Officer - *$107,610.00 - $134,510.00 - $161,420.00 annual
Depending on qualifications and experience Finance Officer or Senior Finance Officer may be considered.
At Heritage Bank, we work hard, but also know how important it is to take time off to stay healthy, relax, and spend time doing what makes your heart happy!
As part of our team, you'll enjoy a total rewards package, which includes base salary based on the role, experience, and skill set, along with an exceptional benefits package (medical, dental, vision, life insurance, 401(k), community volunteer time), and generous time off policy. Full-time team members receive a minimum of 10 paid vacation days annually* and eight hours of paid sick leave per month, while also enjoying 11 paid holidays each calendar year, and an annual float day. *pro-rated from start date and/or hours worked.* To view Benefits Summary: Apply > Current Openings > position > attachment.
Position Overview:
Heritage Bank has an exciting opportunity to join our organization!
We are seeking an experienced finance officer primarily responsible for managing and utilizing vendor systems to model and report financial information. This role is also responsible for preparing and presenting financial data analyses for internal and external reporting needs, while delivering timely, accurate and reliable information, to assist the leadership team when making critical business decisions. Additionally, this position is relied upon to drive efficiencies, and effectively utilize the technologies and tools available to streamline financial analysis/reporting processes.
The successful candidate will be able to:
- Manage or assist in the management of:
- a. asset/liability management ("ALM") and interest rate risk model, including providing analysis for assumptions utilized and development of scenarios to present to senior management, as well as maintain all applicable model documentation and facilitate third party audits of model. b. profitability models, including development and assessment of assumptions and preparation of reports. Identifying cost/revenue drivers and profitability analysis, including systems for loan and deposit pricing. c. annual budget process and the periodic forecasting process for the company. Work with accounting team on budget to actual performance.
Provide training, as necessary, to business unit leaders on ALM, profitability, and budget, including technical guidance, assumptions utilized, and results. Present best practices, peer comparisons, and potential improvement measures.
Gain a thorough understanding of the bank's data, vendor system performance, and the system's utilization of the bank's data to ensure appropriate reliance on the model results.
Coordinate, compile and analyze financial information from all components of the organization and develop integrated revenue/expense analyses, projections, key performance ratios, reports, and presentations.
Review financial reporting and analysis prepared by Finance team for completeness and accuracy and compliance with applicable standards (GAAP, FDIC, etc.).
Manage the development and maintenance of reports and dashboards for end users, including the definition of internal strategies, roadmap and report documentation.
Provide support for special projects, ad hoc requests, strategic initiatives and merger/acquisition opportunities.
On-going review of finance procedures, systems and processes to ensure efficiency and implementation of best practices