Assistant Finance Manager Job at Robert Half, Cambridge, MA

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  • Robert Half
  • Cambridge, MA

Job Description

Job Description

Job Description

Our Banking client is seeking a highly detail-oriented and analytical Assistant Finance Manager to join their Accounting Department. Reporting directly to the Senior Finance Officer & Controller, the Assistant Finance Manager will play a critical role in facilitating financial reporting functions, aligning with the Bank's policies, procedures, and strategic objectives.

Key Responsibilities:

  • Produce balance sheet and net interest income forecasts, analyze interest rate risk, and contribute to ALCo meetings.
  • Ensure accurate and timely preparation of management and regulatory financial reports.
  • Assist in the development of operating and capital budgets; identify areas for improved budget management.
  • Analyze the Bank's financial data against industry benchmarks, assess the pricing/yield on loans, deposits, and investments, and deliver monthly briefings on the investment securities portfolio.
  • Profitability Analysis: Conduct financial analyses of current and proposed financial products and partnerships. Perform annual reviews of brokers servicing the Bank.
  • Handle monthly provision calculations for credit losses and support lending teams for credit stress testing. Prepare detailed environmental and financial impact reports.
  • Maintain and improve effective financial controls, systems, and procedures.
  • Stay updated on accounting, regulatory, tax, audit, and industry standards. Assess implications for operations and inform decision-making processes.
  • Ensure compliance with the Bank Secrecy Act (BSA) and related anti-money laundering policies.

Qualifications:

  • Bachelor's degree in Business, Accounting, or Finance.
  • 5+ years of professional experience in bank accounting and finance.
  • 3+ years of experience in financial reporting, including familiarity with GAAP within banking environments.
  • Expertise in financial analysis, modeling, interest rate risk management, and investment securities.

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