More than 135 years ago we started with core values that never go out of style: listen learn and help businesses and individuals reach their goals. These core values shape our culture and we were recently Great Place to Work Certified because of our outstanding workplace culture and employee experience. As well our financial strength and stability are key reasons Forbes named us one of the Best 100 Banks in America for the ninth consecutive year.
With more than $16 billion in assets and 135 branch locations throughout Washington Oregon Idaho and California we understand our role in the economy and take that responsibility addition to offering a source of capital to personal banking clients and businesses of all sizes we place a high importance on employee volunteerism and donate millions of dollars each year to community organizations.
As a Cost Analyst you will maintain and develop the banks cost accounting and allocation methodologies. Support service transfer pricing processes and profitability analyses as it relates to operating expense assignment (cost).
In this role youll have the opportunity to:
- Partner with business lines to maintain and develop cost accounting models ensuring alignmentwith operational strategies.
- Effectively communicate cost concepts to non-financial stakeholdersand translate business needs into actionable cost-driven insights.
- Assist in the monthly processing of cost allocations.
- Provide cost rates for profitability analysis.
- Assist in validating monthly and year-to-date results of cost allocations in financial statements.
- Evaluate cost model assumptions for reasonableness and consistency. Inform management ofthose assumptions which appear to be unreasonable or inconsistent.
- Assist in maintaining the Banks organizational profitability models and client profitabilitydashboard.
- Assist in operational analyses to identify services provided by various organizational units
Education & Certifications
- Bachelors Degree: Accounting Business Economics Law Computer Science or other related field required (an equivalent combination of education and experience may be considered)
Experience
- 2 or more years related experience preferably within a financialinstitution.
- CPA or CMA Preferred
- T-SQL Preferred
Knowledge Skills and Abilities
- Proven ability to operate independently in a deadline-driven high-volume office settingmaintaining focus and accountability in a fast-paced work environment.
- Possess good analytical verbal and written communication skills and an understanding offinancial instruments markets and accounting.
- Possess understanding of financial accounting balance sheets and income statements.
- Ability to solve problems creatively while complying with regulations and guidelines.
- Deliversuperior customer service.
- Proficient with MS Office Suite especially Excel; SQL database.
- Knowledge of cost accounting methodologies and best practices.
Compensation & Benefits
- Targeted starting compensation range is based on location and experience:$30.34 - $35.70
- Incentive and commission compensation may be awarded for eligible roles
- Comprehensive employee benefits including medical dental vision LTD STD and life
- Paid vacation time sick time personal days paid volunteer time and 11 company paid holidays
- 401k (up to 4% match with immediate vesting)
- Tuition reimbursement up to $5250 annually (minimum service requirement)
- Read more about these and additional benefits at: Employee Benefits Banner Bank
Banner Bank is an Equal Opportunity Employer committed to diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin citizenship marital status age disability or protected veteran status.
Banner Bank does not accept unsolicited resumes from agencies and/or search firms for any job postings. Resumes submitted to any Banner Bank employee by a third-party agency and/or search firm without a valid written and signed search agreement will become the sole property of Banner Bank. No fee will be paid if a candidate is hired for a position as a result of an unsolicited agency or search firm referral.
Required Experience:
IC
More than 135 years ago we started with core values that never go out of style: listen learn and help businesses and individuals reach their goals. These core values shape our culture and we were recently Great Place to Work Certified because of our outstanding workplace culture and employee experie...
More than 135 years ago we started with core values that never go out of style: listen learn and help businesses and individuals reach their goals. These core values shape our culture and we were recently Great Place to Work Certified because of our outstanding workplace culture and employee experience. As well our financial strength and stability are key reasons Forbes named us one of the Best 100 Banks in America for the ninth consecutive year.
With more than $16 billion in assets and 135 branch locations throughout Washington Oregon Idaho and California we understand our role in the economy and take that responsibility addition to offering a source of capital to personal banking clients and businesses of all sizes we place a high importance on employee volunteerism and donate millions of dollars each year to community organizations.
As a Cost Analyst you will maintain and develop the banks cost accounting and allocation methodologies. Support service transfer pricing processes and profitability analyses as it relates to operating expense assignment (cost).
In this role youll have the opportunity to:
- Partner with business lines to maintain and develop cost accounting models ensuring alignmentwith operational strategies.
- Effectively communicate cost concepts to non-financial stakeholdersand translate business needs into actionable cost-driven insights.
- Assist in the monthly processing of cost allocations.
- Provide cost rates for profitability analysis.
- Assist in validating monthly and year-to-date results of cost allocations in financial statements.
- Evaluate cost model assumptions for reasonableness and consistency. Inform management ofthose assumptions which appear to be unreasonable or inconsistent.
- Assist in maintaining the Banks organizational profitability models and client profitabilitydashboard.
- Assist in operational analyses to identify services provided by various organizational units
Education & Certifications
- Bachelors Degree: Accounting Business Economics Law Computer Science or other related field required (an equivalent combination of education and experience may be considered)
Experience
- 2 or more years related experience preferably within a financialinstitution.
- CPA or CMA Preferred
- T-SQL Preferred
Knowledge Skills and Abilities
- Proven ability to operate independently in a deadline-driven high-volume office settingmaintaining focus and accountability in a fast-paced work environment.
- Possess good analytical verbal and written communication skills and an understanding offinancial instruments markets and accounting.
- Possess understanding of financial accounting balance sheets and income statements.
- Ability to solve problems creatively while complying with regulations and guidelines.
- Deliversuperior customer service.
- Proficient with MS Office Suite especially Excel; SQL database.
- Knowledge of cost accounting methodologies and best practices.
Compensation & Benefits
- Targeted starting compensation range is based on location and experience:$30.34 - $35.70
- Incentive and commission compensation may be awarded for eligible roles
- Comprehensive employee benefits including medical dental vision LTD STD and life
- Paid vacation time sick time personal days paid volunteer time and 11 company paid holidays
- 401k (up to 4% match with immediate vesting)
- Tuition reimbursement up to $5250 annually (minimum service requirement)
- Read more about these and additional benefits at: Employee Benefits Banner Bank
Banner Bank is an Equal Opportunity Employer committed to diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin citizenship marital status age disability or protected veteran status.
Banner Bank does not accept unsolicited resumes from agencies and/or search firms for any job postings. Resumes submitted to any Banner Bank employee by a third-party agency and/or search firm without a valid written and signed search agreement will become the sole property of Banner Bank. No fee will be paid if a candidate is hired for a position as a result of an unsolicited agency or search firm referral.
Required Experience:
IC
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