Budget Planning and Analysis Sr Analyst

J  o  b    D  e  s  c  r  i  p  t  i  o  n

THE DETAILS

Job Code:

12121

Grade:

23S

Status:

Exempt

POSITION AND PURPOSE

The Budget Planning & Analysis (BP&A) Senior Analyst serves as a key contributor to the credit union's financial planning, reporting, and strategic analysis functions. This role is responsible for providing value-added financial insights to support executive decision-making, enhance forecasting accuracy, and drive organizational performance.

The Senior Analyst leads complex financial modeling, supports budgeting and forecasting processes, and partners with business leaders to evaluate financial performance, optimize resource allocation, and support long-term growth. The role also plays a key part in developing integrated financial planning processes aligned with monthly financial results and enterprise performance expectations.

WHO WE ARE

Golden 1 Credit Union is among the top credit unions in the country. As a member-owned, not-for-profit cooperative, Golden 1 is guided by the credit union philosophy of “people helping people.” We are committed to empowering our members and uplifting our communities as we create a more equitable and financially inclusive California. We welcome all who embrace our Core Values.

WHO YOU ARE

You are a highly analytical finance professional who translates complex financial data into meaningful insights.

You are experienced in financial modeling, forecasting, and performance analysis, with the ability to collaborate across teams and influence decision-making through data-driven recommendations.

You demonstrate initiative, attention to detail, and a commitment to continuous improvement in financial processes, reporting, and analysis.

THE WORK

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Develop, maintain, and enhance financial models to support budgeting, forecasting, scenario planning, and long-term financial projections.

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Support the development of the annual budget, periodic forecasts, and multi-year financial plans, ensuring alignment with financial performance, business strategies, and organizational priorities.

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Develop and maintain an integrated budgeting and reforecasting process aligned with monthly financial statement variance reviews to improve forecast accuracy and consistency.

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Lead and coordinate the monthly and quarterly financial variance analysis process, including research, validations of results, and effective challenge of assumptions to identify key drivers of performance.

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Lead the quarterly peer reporting process, including financial benchmarking and collaboration with peer credit unions, to provide insights into competitive positioning and performance trends.

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Support the quarterly Allowance for Credit Losses (ACL) process under the CECL model, partnering with the VP – Controller and BP&A Manager to validate assumptions and ensure accuracy of reporting.

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Analyze financial information including income, expenses, loans, deposits, and balance sheet activity to assess performance, identify trends, and provide actionable recommendations.

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Partner with the VP – Controller to develop monthly board reporting packages, quarterly financial presentations, and executive-level performance insights, ensuring clarity, accuracy, and strategic relevance.

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Apply a strong understanding of Generally Accepted Accounting Principles (GAAP) to ensure financial analysis and reporting are consistent with accounting standards and regulatory expectations, translating impacts into financial forecasts and insights.

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Support the preparation of KPI dashboards, management reporting, and financial analyses that enhance transparency and decision-making across the organization.

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Research economic conditions, industry trends, and financial drivers to support forecasting assumptions and scenario analysis.

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Support process improvements in financial planning, forecasting, and reporting, including enhancements to systems, data quality, and reporting efficiency.

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Assist in the administration and testing of financial planning systems, tools, and reporting processes to ensure accuracy and reliability.

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Maintain a current understanding of accounting, financial, and regulatory requirements applicable to credit union operations.

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Collaborate with business units and cross-functional teams to support financial planning activities and provide analytical support for strategic initiatives.

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Participate in projects, initiatives, and ad hoc analyses as assigned, providing financial insight and recommendations.

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Perform other duties as assigned.

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Develop and maintain an understanding of the pertinent regulatory requirements and risks inherent to job responsibilities, establish, and maintain control activities that mitigate those risks consistent with the Credit Union’s risk appetite, and ensure operational integrity and compliance with applicable regulations.

QUALIFICATIONS

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Bachelor’s Degree in Finance, Accounting, Business, or related field required

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Master’s Degree preferred

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5+ years of experience in budgeting, FP&A, accounting, or related roles required

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Financial institution experience preferred

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Experience with financial modeling, forecasting, and reporting processes required

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Strong knowledge of accounting principles, financial reporting, and credit union operations, including budgeting and financial analysis

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Advanced analytical and problem-solving skills with the ability to interpret complex financial data and develop actionable insights

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Strong proficiency in financial modeling, forecasting, and variance analysis

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Effective communication and presentation skills to support executive and board-level reporting

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Strong research, organizational, and time management skills, with ability to manage multiple priorities and deadlines

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Ability to work independently while collaborating effectively across business units

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Proficiency with financial systems and Microsoft Office tools, including Excel

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Working knowledge of GAAP, regulatory requirements, and financial institution practices

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None required

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Solves Problems Proactively - Tackles complex issues independently

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Innovates and Applies Insights - Suggests improvements

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Delivers Results with Agility - Maintains quality during change 

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Collaborates Across Teams - Works effectively with peers 

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Influences and Persuades - Shares expertise to guide others 

ORGANIZATIONAL CONTACTS AND RELATIONSHIPS

INTERNAL:

All levels of management (Managers, VPs, SVPs, EVPs and the CEO), and other key staff.

EXTERNAL:

 Industry peers, external auditors, regulatory and governmental agencies, financial institutions, and vendors.

WORKING CONDITIONS

Work time includes weekend and after-hours time, based on organizational needs. This position works in-office where working conditions, lighting, temperature, audio, and workspace are all sufficient.

PHYSICAL REQUIREMENTS

Work requires the ability to constantly operate a computer and the ability to read, type, and communicate. Work may require the ability to move work-related supplies weighing up to 10-15 pounds.

DISCLAIMER/INTENT AND FUNCTION OF JOB DESCRIPTIONS

The above information on this description has been designed to indicate the general nature and level of work performed by team members within this classification. Because the nature of positions and job functions can change over time, this job description is not designed to contain or be interpreted as a comprehensive inventory of all essential functions, duties, responsibilities and qualifications requirements of team members assigned to this job. Job duties may be changed or modified in the Credit Union’s discretion. The Credit Union will keep team members updated on key functions, duties, and requirements of their position by communications from the Credit Union and by updating the job description from time to time. Any team member with questions about the nature of their job duties is encouraged to consult with their supervisor.

DECLARATION/ACKNOWLEDGEMENT

This job description outlines the essential functions and physical/mental requirements necessary to perform this role. Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.