Profitability Specialist - Hermitage, PA at First National Bank Of Pennsylvania in Hermitage, Pennsylvania

Job Description:

Primary Office Location:

Join our team. Make a difference - for us and for your future.

Position Title: Profitability Specialist

Business Unit: Finance

Reports to: Manager of Profitability Reporting

Position Overview:

The Profitability Specialist’s primary purpose is to participate in the generation, presentation, and analysis of profitability methodologies and results by formally studying, developing, recording, interpreting, documenting and communicating the allocation and assignment of revenues and expenses.  As part of a team responsible for overall profitability reporting, this position also performs general profitability analysis support and assists in the monthly processing and distribution of results.

Primary Responsibilities:

Develops and maintains activity-based costs and other income and expense allocations and assignments in the profitability system.  Performs rate reviews annually and implements other rate updates as determined by management.  Develops prototype models to reflect new or updated costing methodologies.

Services analytical requests from Finance personnel and profitability system stakeholders using business intelligence and costing software to deliver results and analytics as needed.

Performs profitability system training and assists in the organization’s interpretation of profitability results as needed.

Processes monthly data, produces reports and verifies results.

Assists in performing cost center time studies or surveys as determined by management to record current activities related to servicing customers or products.  Assists in maintaining cost center work papers to reflect current product, process and rate relationships within processing centers.  

Documents clearly allocation and assignment methodologies/processes and system requirements.  Communicates results using sound written and verbal communication skills.

Tests and validates profitability code, following model development policies and procedures.  Adheres to data governance policies and procedures when utilizing finance systems.  

Performs other related duties and projects as assigned.

All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation’s risk management program.

F.N.B. Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines.  Compliance with regulatory laws and company procedures is a required component of all position descriptions.

Minimum Level of Education Required to Perform the Primary Responsibilities of this Position:

BA or BS

Minimum # of Years of Job Related Experience Required to Perform the Primary Responsibilities of this Position:

1

Skills Required to Perform the Primary Responsibilities of this Position:

Excellent project management skills   

Excellent communication skills, both written and verbal   

Excellent organizational, analytical and interpersonal skills   

Excellent customer service skills   

Ability to work and multi-task in a fast paced environment   

MS Word - Basic Level   

MS Excel - Intermediate Level   

MS PowerPoint - Basic Level   

BA or BS degree with a concentration in Accounting or Finance

Licensures/Certifications Required to Perform the Primary Responsibilities of this Position:

N/A   

Physical Requirements or Work Conditions Beyond Traditional Office Work:

N/A