Financial Analyst

Navient Corp Reston , VA 20190

Posted 3 weeks ago

Navient (Nasdaq: NAVI) provides asset management and business processing solutions to education, healthcare and government clients at the federal, state, and local levels. We help our clients and millions of Americans achieve financial success through our services and support. Headquartered in Wilmington, Delaware, Navient employs team members in Western New York, Northeastern Pennsylvania, Indiana, Tennessee, Texas, Virginia, and other locations. Learn more at

The Financial Planning & Analysis team (FP&A) is seeking to hire a Financial Analyst to support the production, maintenance and development of models and processes performed for the financial planning, analysis and forecasting of Navient. The FP&A team is a high performing and highly visible team, whose primary mission is to provide key business and performance intelligence to executive management that enables accurate, efficient, and optimal financial management and decision making. The required budgeting and reporting functions include coordinating with the various departments and business units, development and deployment of budgeting and forecasting models, analyzing cash flow projections and reporting and analyses for senior management.

Essential Job Functions:
1.Budgeting and Forecasting

  • Provide guidance and assistance to business units and cost center head for the preparation of their respective operating expense budget and forecast

  • Develop and become efficient in the company's budgeting and reporting tool (Hyperion & Essbase) to produce meaningful reports and analysis

  • Analyze and explain any new trends affecting the annual budget and subsequent forecasts and make recommendations to the management team
    2.Financial Analysis and Reporting

  • Produce actual operating expense reports with comparisons to budget and prior periods for distribution to senior management and cost center heads

  • Assist in the research of results comparing actual vs forecast/plan for senior executives on monthly basis with insight on main drivers/trends.

  • Monitor expense trend as a part of responsibility for cost allocation across the organization.
    3.Cash Flow Forecast

  • Participate in modeling and analyzing cash flow trends and provide analysis results to management

  • Work with various accounting groups and capital markets to maintain cash flow model on an on-going basis

  • Support the production of the life-of-loan cash flow, assist in preparation of materials for Earnings and Investor presentations
    4.General Ledger Account Maintenance

  • Maintain the general ledger account maintenance for across the organization
    5.Ad Hoc Request

  • Provide support for and advise groups in dealing with budget/forecast related issues

  • Perform ad hoc analyses and special projects for senior management


  • Bachelor's Degree Finance or Accounting degree preferred additional equivalent experience may substitute

  • 2+ years experience in financial analysis, corporate accounting and/or public accounting

  • Expertise in Microsoft Office products, especially Excel and PowerPoint

  • Expertise in financial modeling and standards of practice


  • Coding experience is highly preferred. Working knowledge of SQL/SAS or building Excel Macros in VBA will be considered favorably
icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Financial Analyst

Cordia Resources

Posted 6 days ago

VIEW JOBS 4/12/2019 2:41:34 PM 2019-07-11T14:41 <strong>Financial Analyst</strong><br />  <br /> <strong>Position Summary:</strong><br /> A dynamic, stable and growing company is seeking an ambitious and dedicated team member!  The Financial Analyst is responsible for supporting the Financial Planning and Analysis team by analyzing monthly variances in financial statements between budgets and actuals, building and reviewing large excel data spreadsheets, creating and distributing monthly expense reports, and supporting colleagues in the Finance department and throughout the organization with ad hoc data/financial analyses as requested.<br />  <br /> <strong>Responsibilities:</strong> <ul> <li style="padding: 0; margin: 0;">Runs monthly financial reports and other ad hoc report requests, verifying accuracy and consistency of reports before releasing</li> <li style="padding: 0; margin: 0;">Creates and modifies financial and management reports to reflect business, organizational and staff changes</li> <li style="padding: 0; margin: 0;">Creates, maintains and distributes robust excel spreadsheets and pivot table files used for data inputs and data delivery</li> <li style="padding: 0; margin: 0;">Meets with budget owners, as appropriate, to diagnose areas of variance to their budget and help assist with any needed corrections</li> <li style="padding: 0; margin: 0;">Supports the mid-year forecasting/annual budgeting process for assigned departments including compilation and upload of annual budgets into workday and processing of periodic re-class requests and budget transfers</li> <li style="padding: 0; margin: 0;">Performs special projects and serves as backup to other department functions, Treasury/accounting, as needed</li> <li style="padding: 0; margin: 0;">Enables global strategic initiatives and business operations with analyses and business case</li> </ul>  <br /> <strong>Qualifications:</strong> <ul> <li style="padding: 0; margin: 0;">Bachelor’s degree in a Business discipline (Finance, Economics, Accounting) or equivalent combination of education, skills, and experience</li> </ul> <ul> <li style="padding: 0; margin: 0;">1-3 years of experience in the preparation of annual budgets, monthly forecast, business cases, financial/data analyses and financial statements analysis</li> </ul> <ul> <li style="padding: 0; margin: 0;">Strong working knowledge with Microsoft Excel including Pivot Tables and VLOOKUPs; minimum proficiency with PowerPoint graphs and formatting</li> <li style="padding: 0; margin: 0;">Quick learner with strong analytical skills and strong attention to detail</li> <li style="padding: 0; margin: 0;">Effective communication and interpersonal</li> <li style="padding: 0; margin: 0;">Ability to document financial processes and procedures in a logical manner</li> <li style="padding: 0; margin: 0;">Ability to work well independently and prioritize multiple projects</li> <li style="padding: 0; margin: 0;">Ability to develop, evaluate and communicate reasonable explanations for budget vs. actual variances</li> <li style="padding: 0; margin: 0;">Flexibility to successfully meet deadlines and changes in departmental priorities</li> </ul> Cordia Resources Reston VA

Financial Analyst

Navient Corp