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Position:
Financial Analyst
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Job Id:
4550
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# of Openings:
1
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Financial Analyst
Position Summary:
At First Mid, 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 discretionary short-term incentives (i.e. bonus, incentives, and/or commission). 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, tuition reimbursement, an Employee Stock Purchase Plan, and a 401K plan with company match. Incentives and benefits are subject to eligibility requirements.
Responsible for supporting the company's financial management and reporting functions through analysis, modeling, reporting, and operational support across treasury, balance sheet management, and financial planning activities. This role is designed to be flexible in scope, allowing coverage of a broad range of responsibilities while providing backup support to other members of the Finance team, including other Financial Analysts and the Senior Financial Analyst. The position contributes to Asset Liability Committee (ALCO) reporting, asset-liability management (ALM), interest rate risk (IRR) analysis, budgeting and forecasting processes, investment portfolio administration, and regulatory and audit support. Strong analytical skills, attention to detail, and the ability to adapt to evolving priorities are essential for success in this position. Primary areas of responsibility may vary based on team needs and may shift over time to support cross training, coverage, and evolving Finance priorities.
Responsibilities include, but are not limited to:
- Assist in the preparation and maintenance of periodic reporting and analytics used by the Finance Team, ALCO, Senior Management, and the Board of Directors.
- Support ALM and IRR processes through data gathering, validation, analysis, and documentation of key inputs and assumptions, including ongoing recordkeeping aligned with internal controls and governance expectations.
- Perform trend analysis, variance review, and ad hoc modeling to support balance sheet strategy, liquidity management, and interest rate risk monitoring.
- Support budgeting and forecasting processes, including departmental and cost center reporting, and assist with ongoing enhancements to reporting tools and methodologies (including Axiom-related reporting and analysis as assigned).
- Assist with recurring and ad hoc financial analysis that supports management decision making, planning, and operational reporting needs.
- Assist with daily and periodic cash position reporting and monitoring of funding sources (which may include Federal Reserve, correspondent accounts, and FHLB-related activity as assigned).
- Perform duties or provide backup coverage for processes related to liquidity monitoring, public funds activity, and brokered funding activity as assigned.
- Maintain accurate documentation and record retention supporting investment portfolio activity, including transaction support, reconciliations, system inputs, and related internal reporting.
- Perform duties and/or backup coverage related to safekeeping, pledging, and collateral documentation, ensuring records are complete, timely, and audit-ready.
- Support ongoing administration of select investment-related processes (such as interest processing, capital contributions and distributions, reporting schedules, and supporting documentation) as assigned.
- Support finance-owned policy governance and oversight activities by assisting with documentation, tracking, updates, testing support, and related reporting as assigned.
- Assist with internal audit, external audit, and regulatory exam requests by compiling data, documentation, and support schedules in a timely and accurate manner.
- Collaborate with finance, accounting, treasury management, and operational teams to ensure alignment and accuracy across processes and reporting.
- Provide backup support across Finance processes as needed to ensure continuity of critical reporting and operational workflows.
- Complete required training associated with job functions and ensure adherence to internal policies and applicable regulatory standards.
- Perform other duties as assigned.
Qualifications
Education/Experience:
- Bachelor's degree with major in accounting or finance, and/or a minimum of 5 years' experience in an accounting/financial reporting role.
Skills:
- Ability to take initiative in learning, developing, and improving processes and procedures across multiple functional areas.
- High level of interpersonal skills to effectively communicate complex issues with colleagues, management, and external constituents.
- Strong analytical skills to analyze financial and procedural data with attention to detail and accuracy.
- Adequate knowledge of internal policies and procedures and relevant laws and regulations to perform job duties within the proper control environment.
Total Rewards:
- Competitive health, dental & vision coverage with HSA match
- 401(k) with employer match + Employee Stock Purchase Plan
- Generous PTO, paid holidays & parental leave
- Tuition reimbursement & performance-based bonuses
- Visit our Total Rewards page to see our full list of benefits
First Mid Bancshares, Inc., is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, protected veteran status, or any other applicable federal or state-protected classification.
THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT
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Pay Range: $61,300 - $76,600 per year
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Apply for this Position
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First Mid Bank & Trust
parental leave, paid time off, paid holidays, tuition reimbursement, 401(k)
Apr 24, 2026