Hybrid Cost Analyst

at Banner Bank

• Job title: Cost Analyst
• Job type: Full Time
• Experience level: Junior, Mid level
• Salary: $30 - $36 per hour
• Degree requirement: Bachelor's Degree
• Tech skills: SQL
• Location requirements: Hybrid, Spokane, United States

About the role

• Cost Analyst maintaining and developing the bank's cost accounting and allocation methodologies. Supporting service transfer pricing processes and profitability analyses regarding operating expense assignment.

Responsibilities

• Maintain and develop the bank's cost accounting and allocation methodologies.
• Support service transfer pricing processes and profitability analyses as it relates to operating expense assignment (cost).
• Partner with business lines to maintain and develop cost accounting models, ensuring alignment with operational strategies.
• Effectively communicate cost concepts to non-financial stakeholders and 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 of those assumptions which appear to be unreasonable or inconsistent.
• Assist in maintaining the Bank’s organizational profitability models and client profitability dashboard.
• Assist in operational analyses to identify services provided by various organizational units

Requirements

• Bachelor's Degree: Accounting, Business, Economics, Law, Computer Science or other related field required (an equivalent combination of education and experience may be considered)
• 2 or more years related experience, preferably within a financial institution.
• CPA or CMA Preferred
• T-SQL Preferred
• Proficient with MS Office Suite, especially Excel; SQL database.
• Knowledge of cost accounting methodologies and best practices.
• Proven ability to operate independently in a deadline-driven, high-volume office setting, maintaining focus and accountability in a fast-paced work environment.
• Possess good analytical, verbal and written communication skills and an understanding of financial 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.
• Deliver superior customer service.

Benefits

• 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 $5,250 annually (minimum service requirement)