FP&A Reporting Associate

Who We Are

At Cross River, we’re building the best banking and technology products for fintechs, all through APIs. As venture-backed pioneers of the platform-based financial services model known as the sponsor, or partner, bank, we work closely with our partners to offer products such as payments rails and loan origination services to the latest in regulatory and compliance solutions. What drives us every day? A desire to innovate in the service of financial inclusion. Giving access to consumers, whether they are looking for credit or for a better way to pay has been in our DNA from day one. Our nimble, adaptive, one-step ahead culture is powered by our people, and as a result of their creativity, tech-forward thinking and collaborative spirit, we are experiencing explosive growth.

What we’re looking for

Cross River’s Financial Planning & Analysis (FP & A) team is responsible for running the annual budgeting process, management and board reporting, as well as managing cash flow forecast models, variance analysis, and other financial performance tools. We are seeking a highly motivated associate to join our rapidly growing FP & A team in our Fort Lee office. You will assist with financial operations and work collaboratively across all financial departments to enable strategic decision-making.

Responsibilities:

• Prepare monthly Management and Board Reporting
• Perform variance analysis on monthly actuals vs budget and “tell the story” behind the numbers
• Assist in updating quarterly forecasts
• Budget/Forecast monitoring
• Analyze business unit profitability and performance against targets
• Scenario analysis
• Prepare and analyze KPI’s by business units
• Assist in the preparation of financial statements in business unit format
• Client and Product profitability reporting
• Cost control (analysis of cost trends, explanation of variances to budget, and proposing remediation actions)

Requirements:

• Bachelor’s degree in Finance or Accounting (CPA and/or CFA is a plus)
• 3+ years of experience in FP&A or financial analyst roles
• Public company and SEC reporting experience
• Proven ability to work cross-functionally and with senior business leaders
• Experience with Microsoft Office Suite, highly proficient in Excel and PowerPoint skills
• Excellent communication and presentation skills with the proven ability to focus on the details
• Experience and knowledge of financial planning
• Banking experience a plus
• Experience with Axiom (by Kaufman Hall) and Fiserv Prologue a plus

Cross River is an Equal Opportunity Employer. Cross River does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need.

#LI-TP1