Financial Analyst, Incentive Compensation

How would you like to join one of the most highly regarded financial institutions in New Jersey with deep roots in the community?  Provident is a successful and highly regarded multi-billion-dollar bank that continues to grow with branches in New Jersey, Eastern Pennsylvania and New York.  Our longevity is a testament to our commitment to placing our employees, customers, and the communities we serve at the center of all we do.  At Provident Bank, we are committed to enhancing our customer and employees’ experience. 

POSITION SUMMARY:

Reporting to the FP&A Analyst III, the Financial Analyst/Incentive Compensation role primarily serves as a partner to Retail and Lending business units in providing data to help them with business and strategic decisions.  The candidate will be focused on producing and analyzing financial metrics which drive the incentive plans of the Retail and Lending portfolio teams.  Key responsibilities include incentive compensation modeling, and the assistance of business line reporting, budget, forecasting/modeling, profitability and strategic initiatives as required. 

KEY RESPONSIBILITIES:

• Assists in the processing of the quarterly incentive results/payouts via Axiom Software for the existing Retail Incentive Plans.
• Collaborates on the implementation/automation of the Lending Incentive results/payouts via the Axiom Software.
• Assists with the creation, data quality control and regular maintenance of Business Unit Reports/ Management Reports (primarily Retail & Lending related) in Axiom Software.
• Participates in special projects and other duties, including supporting the Company’s suite of financial systems, budget/forecast related tasks and evaluation of a new incentive modeling system.
• Collaborates with the Accounting team on data requests, variance analytics, reconciliations as needed, and other duties as assigned.

MINIMUM QUALIFICATIONS:

• Three to 5 years of experience in a financial/compensation analysis or similar role
• Proficient with handling large sets of data
• Detailed-oriented, organized and able to work with various professional groups in a fast-paced environment
• Banking knowledge preferred
• BS/BA degree in Accounting, Finance or similar study
• Proficient in Excel, with knowledge of advanced formulas.
• Exceptional analytical skills.
• Strong verbal and written communication skill. Ability to interact with all levels through the organization.

WORKING CONDITIONS

Work is mainly performed in a normal office environment.  Noise levels usually are moderate.

• Prolonged sitting
• Lifting from 5 to 10 lbs. (printer paper, storage boxes)
• Occasional bending or overhead lifting (storing files or boxes)
• The hazards are mainly those present in a normal office setting.

HAZARDS

The hazards are only those present in a normal office setting.

Feautured Benefits

• Medical/Dental/Vision Insurance
• Flexible Savings Account
• 401(k)
• Tuition Disbursement and Reimbursement
• College Loan Pay Down Program
• and other great benefits

This job description may not be all-inclusive. Employees are expected to perform other duties as assigned and directed by management. Job descriptions and duties may be modified when deemed appropriate by management.

Provident Bank recognizes and supports the importance of creating a socially and culturally diverse employee base. We understand, value, and appreciate the unique perspectives that a diverse workforce can contribute to our organization. We put the employee and the customer at the center of strategy because culture is a critical differentiator for why people choose to work here.    

We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to age 40 and over, color, disability, gender identity, genetic information, military or veteran status, national origin, race, religion, sex, sexual orientation or any other applicable status protected by state or local law.