Our ideal candidate: We are seeking candidates deeply committed to our mission: to transform the banking industry from within. We lead by example, collaborate with and invest in change-makers and build sustainable prosperity in our communities.
Who we are: Beneficial State is one of only a handful of B-Corp banks in the nation and one of the highest-rated B-Corps on the planet. That means that we subscribe to a rigorous evaluation standard that measures our positive impact, not just our profitability. We demonstrate how a bank can combine social equity, environmental sustainability, and business stability to create a better financial system – a system that drives inclusive prosperity to benefit people and the planet. #BCorp #WeAreBCorps
Join our team: If you are ready to do challenging and transformative work that will build a brighter future for us all, and you are hungry to bring your passion and energy to the table, we welcome your application.
Title
JOB CODE:
Flsa
Exempt
Salary Grade
6
Category
Full-time
Union Representation
NA
Schedule
LOCATION:
Monday-Friday
Hybrid
Supervisory Role y
REVISION DATE:
N
2/2026
Position Overview
The Financial Analyst is responsible for helping develop and maintain complex, driver‑based financial models; performing financial, profitability, and variance analysis; and partnering with business leads to provide thoughtful financial advice in support of strategic decisions at Beneficial State Bank. The role includes, but is not limited to, month‑end financial and regulatory reporting and analysis, accounting support, budgeting, cost control, investment analysis, and asset‑liability management. The Financial Analyst analyzes and interprets financial data to forecast the impact of economic scenarios, risks, and business changes, tracks variances between projections and actual results, and recommends adjustments or improvements. This role prepares balance sheets, income statements, cash flow analyses, and other financial reports to assess financial health while ensuring compliance with organizational and regulatory financial policies, standards, and controls. The Financial Analyst is a self‑starter who works independently as well as collaboratively within a dispersed team of finance and business professionals.Top of Form
Bottom of Form
Essential Duties
Financial Analysis and Planning
- Supports the annual financial planning cycle, including building, maintaining, and updating the Bank’s driver‑based financial model, developing the planning calendar, and coordinating deliverables.
- Partners with business leaders and functional teams to gather assumptions and inputs for forecasts, budgets, and multi‑year projections.
- Maintains and reviews recurring and ad‑hoc financial models and conducts scenario, sensitivity, and stress testing analyses to assess the impact of economic conditions, balance sheet changes, and strategic initiatives.
- Performs deep‑dive analyses on key issues impacting the Bank and its clients to identify root causes, quantify financial impact, and propose data‑driven solutions.
Financial Reporting and Performance Management
- Prepares and maintains monthly financial reporting packages, including income statements, balance sheets, cash flow analyses, and key performance metrics.
- Produces profitability reporting by segment, product, or line of business, providing insights and recommendations to improve efficiency and financial performance.
- Tracks and analyzes variances between actual results and forecasts or budgets, identifying trends, risks, and opportunities.
- Dissects raw accounting and financial data into clear, summarized analyses for management and business partners.
Business Partnership and Strategic Support
- Works closely with business partners to provide financial analysis and decision support related to investments, new products, pricing, efficiency initiatives, and cost control.
- Produces ad‑hoc financial analyses in support of strategic decision‑making, peer benchmarking, governmental reporting, and merger, acquisition, or disposition strategies.
- May act as a consultant to management on financial policies, procedures, methodologies, and analytical applications.
- Builds and maintains strong relationships with key stakeholders across Finance, lines of business, and enterprise functions.
Regulatory, ALCO, and Balance Sheet Activities
- Supports the quarterly filing of the Bank’s Call Reports, including preparation of source files, validation of data, and reconciliation of reported amounts.
- Assists with the preparation and compilation of monthly ALCO reporting, including liquidity, interest rate risk, and related stress tests.
- Provides analytical support for asset‑liability management activities, balance sheet strategy, and capital planning initiatives.
- Ensures accuracy, consistency, and audit readiness of financial and regulatory reporting deliverables.
Process Improvement and Data Enablement
- Identifies and drives process improvements to increase productivity, data quality, and analytical effectiveness.
- Develops and maintains standard and ad‑hoc reports, tools, dashboards, and analytical frameworks to support informed decision‑making.
- Sources, validates, and promotes the effective use of data and data solutions across the organization.
- Documents processes and analytical methodologies to improve consistency, transparency, and knowledge sharing.
Accounting and Cross‑Functional Support
- Supports the Accounting team with reconciliations, schedules, and other accounting deliverables as needed.
- Collaborates with internal partners to resolve data discrepancies and ensure alignment between financial, accounting, and regulatory reporting.
- Participates in cross‑functional projects and initiatives as assigned.
Compliance
- Ensures compliance with all applicable state and federal regulations and internal company policies, including but not limited to BSA / Anti‑Money Laundering, Fair Lending, Privacy, and Anti‑Discrimination, to the extent each applies to current job responsibilities.
- Completes all mandatory compliance training as assigned within required timeframes.
The position performs duties specific to the position and other functions as assigned.
Role Competencies/Skills
- Attention to Detail
- Collaboration & Communication
- Diversity & Inclusion
- Execution & Ownership
- Time Management
- Financial Management
- Data Analysis and Management
- Asset and Liability Management
- Analytical Thinking
- Accounting
- Budgeting
- Risk Management
ENVIRONMENT, PHYSICAL & MENTAL ACTIVITIES
- The incumbent is in a non-confined office-type setting in which they are free to move about at will. It may include some minor annoyances such as noise, odors, drafts, etc. For Hybrid and Remote roles, work may also be performed away from BSB worksites depending on the position and requirements. For Hybrid/Remote work, employees are required to have an environment when working at home that has a dependable, high-speed internet connection and environment conducive to frequent phone or internet calls where private, confidential or other information is not visible, able to be overheard, or physically or electronically accessible to anyone else.
- The incumbent in the course of performing this position spends time writing, typing, speaking, listening, lifting (up to 10 pounds), driving, carrying, seeing (such as close, color and peripheral vision, depth perception and adjusted focus), sitting, pulling, walking, standing, squatting, kneeling and reaching.
- The incumbent for this position may operate any or all of the following: personal computer, cellular telephone, printer, fax, and other standard office equipment.
- The incumbent in this position must be able to accommodate reading documents or instruments, detailed work, problem solving, customer contact, reasoning, math, language, presentations, verbal and written communication, analytical reasoning, stress, multiple concurrent tasks and constant interruptions.
- The work environment characteristics, physical and mental demands 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 the essential functions.
Position Requirements
Minimum Qualifications
- Associate’s degree in Finance, Accounting, Business Administration, or related field.
- Two (2) years of financial analysis experience, preferably within the banking or financial services industry.
- Strong knowledge of financial statements, financial analysis, and accounting principles, including GAAP
- Experience developing financial models and performing variance analysis.
- Strong problem-solving skills, including the ability to evaluate client needs, exercise sound judgment, and recommend appropriate solutions.
- Ability to work independently and manage multiple priorities in a fast-paced environment.
Preferred Qualifications
- Bachelor’s degree in business, finance, accounting, or a related field, or an equivalent combination of education and experience.
- Experience using financial systems and analytical tools, including financial planning platforms, SQL, data visualization tools, and reporting systems.
- Experience supporting regulatory reporting, including Call Reports, and working within a multi-state financial institution environment.
- Experience supporting financial planning, forecasting, Asset Liability Management & Treasury functions.
Management reserves the right to change this position description at any time according to business needs.
Compensation
The posted pay range is the lowest to highest compensation we reasonably in good faith believe we would pay at posting for this role but may include ranges from the different geographies where this position may be based. New employees' starting pay is usually from the start of the range to approximately 25% of the max, more qualified and/or experienced employees may start near the middle of the range for their geography. We may ultimately pay more or less than this range.
Compensation for our organization is based on factors that include the role, required knowledge, skills, abilities and competencies, and candidates’ relevant education, qualifications, certifications, experience, skills, seniority, location, performance, union contract and business needs. Our pay ranges are based on national living wage indexes, such as MIT's living wage index, to enable us to pay our employees beyond what are standard practices for many employers, and also take into account geographically-specific recent compensation market survey data for each position.
Benefits
Beneficial State Bank’s benefits include a comprehensive package designed to support you and your eligible dependents. We focus on the holistic health of our team members and promote work-life balance.
Our Benefit Package Includes
- Medical / Dental / Vision / Basic Life / STD / LTD
- Vacation Days: 2-4 weeks depending on role
- Sick Days: 12 days per year
- Holidays: 11 days per year
- 401(K) / ROTH / FSA / HSA / EAP
- Education and Adoption Assistance
- Bank-Wide Annual Discretionary Bonus Program
- Production-based incentive program available for some roles.
- Paid Volunteer Time: 4 days per year / annual match of qualifying employee donations
- Paid Sabbatical Program after 5 years of service
- Pet Benefits
For detailed information about our benefits, please visit http://www.beneficialstatebank.com/about-us/careers
You are welcome here at Beneficial State Bank. We are an equal opportunity employer and all qualified applicants will receive consideration for employment regardless of race, color, religion, sex, sexual orientation, national origin, gender identity, disability or veteran status.
