Financial Analyst - Operations Administration

Midland States Bank
Midland States Bank Salary
Effingham, IL Full Time
POSTED ON 4/23/2024

At Midland States Bank, base salary is one component of our Total Rewards program. Exact compensation is determined by factors such as (but not limited to) education, skills, internal equity, and experience. This position offers additional compensation in the form of short-term incentives (i.e. bonus and/or commission) and may include long-term incentives (i.e. stock awards). Benefits for this role include comprehensive healthcare, well-being benefits, paid family leave as well as generous paid time off. Total Rewards also include banking perks, an Employee Stock Purchase Plan, 401K plan with company match and may include the opportunity to participate in our Non-Qualified Deferred Compensation plan. Incentives and benefits are subject to eligibility requirements.


Position can be based in Effingham, IL or O'Fallon, MO.


Position Summary


As a member of the Operations, Administration team, the Financial Analyst-Operations Administration, position is responsible for supporting the Procurement, Facilities and Operations functions on matters pertaining to accounting and procurement. To include annual budgeting, facilitating procurement activity across the enterprise and conducting 1
st line of defense financial oversight for the Operations and adjoining areas. This position will report to the Sr. Procurement Specialist. This is an individual contributor role.

Primary Accountabilities

  • Assists in the development and monitoring of the annual budgets for the Procurement, Facilities and Operations functions.
  • Participates directly in establishing and maturing the bank’s newly formed Procurement function across the enterprise.
  • Assists in monitoring items such as, money management of funds applied to accounts, maintenance of booking, funding, adjustments, refunds/waivers, floor changes, processing of wires/ACH/RDC.
  • Monitors, assesses, and reports exceptions found and work with the applicable areas to resolve the gaps.
  • Identifies areas needing improvement and encourage the adoption of best practices.
  • Engages with Finance, Risk, Compliance, Front Line, and other stakeholders to ensure an agile and collaborative working environment.
  • Generates and presents monthly reporting with line management that will highlight trending (positive or negative) and key areas of concern.
  • Assists in the preparation of executive and board-level reports.
  • Provides necessary documentation to internal auditors.
  • Assists with special projects and ad-hoc requests, as necessary.
  • The role requires occasional travel for training and team meetings, and willingness to travel periodically, to locations within market as needed.
  • Other duties as assigned.


Position Qualifications

Education/Experience:


  • Bachelor’s degree in accounting or related field.
  • 3 years relative accounting and banking experience or related professional experience.
  • Demonstrated ability to learn and utilize new software and programs.
  • Experience in Procurement for a service organization is a plus.
  • Advanced knowledge of Microsoft Office Suite, with a strong focus on Excel and PowerPoint.
  • Ability to thrive in a fast-paced environment, understanding that urgency and meeting deadlines are frequently part of the work.
  • Display a high degree of accuracy and the ability to provide high quality customer service.
  • Strong oral, written, and interpersonal communication skills.
  • Strong organization and time management skills.
  • Strong attention to detail.
  • Ability to work independently and as part of a team.

Competencies:


  • Business insight
  • Cultivates innovation
  • Drives results
  • Makes sound decisions
  • Being a brand champion
  • Collaborates
  • Communicates effectively
  • Customer focus
  • Being Authentic
  • Emotional Intelligence
  • Self development
  • Being flexible and adaptable

At Midland States Bank, we believe that when we can bring our whole selves to work each day, we become happier, more comfortable, more confident and more excited to do great things for our customers, each other and our company. We’re proud to be an Equal Opportunity and Affirmative Action employer. At Midland, we recruit, employ, train, compensate and promote without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. If you are looking for a place to grow, we encourage you to apply at Midland States Bank, because you belong here.


If you require reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please direct your inquiries to Midland States Bank Human Resources at
HR@midlandsb.com.

THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT




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Salary.com Estimation for Financial Analyst - Operations Administration in Effingham, IL
$66,641 to $83,792
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