Nelnet is a diversified and innovative company committed to enriching lives through the power of service as a student loan servicer, professional services company, consumer loan originator and servicer, payments processor, renewable energy solutions, and K-12 and higher education expert. For over 40 years, Nelnet has been serving its customers, associates, and communities.

The perks of working at Nelnet go beyond our benefits package. When you join the Nelnet team, you're part of a community invested in the success of each individual. That support comes through in our work, as we are united by our mission of creating opportunities for people where they live, learn, and work.

The Financial Analyst is responsible for maintaining financial reporting and variance analysis processes for Nelnet Bank including forecasting, budgeting, asset/liability management (ALM), product pricing/returns/profitability, and key metric analytics. The Financial Analyst prepares monthly, quarterly, and ad-hoc ALM and Asset Liability Committee (ALCO) reports. The Financial Analyst assists with daily and monthly cash planning and developing and executing Nelnet Bank’s funding strategy.

JOB RESPONSIBILITIES:

• Inputs data into and utilizes the Bank’s ALM and budgeting systems.

• Leverages accounting and finance software system for budgeting, planning, and reporting functions.

• Assists with the financial quarterly forecast and annual budget processes. Facilitates and communicates with management regarding assumptions used in the budget/forecast processes. Maintains financial models to project future earnings of loan portfolios and analyzes them to support strategic initiatives.

• Analyzes results and provides explanations for growth and/or decline spikes, changes in trends, and budget-to-actual variances.

• Prepares monthly, quarterly, and ad-hoc ALM reports including stress tests, analysis of Earnings at Risk and Economic Value of Equity

• Prepares monthly and quarterly reports on key liquidity drivers and key risk indicators, including internal liquidity requirements

• Compile and summarize information for executive level reporting.

• Develops and maintains financial metrics, variance reporting, and trend analysis for the segment. Creates presentations that provide insightful analysis, identify required action items, and assist with management decision making.

• Assist in daily and monthly cash planning and developing and executing the funding strategy.

• Participates in loan and deposit pricing working groups and ALCO meetings

• Assists with the monthly accounting close processes and reconciliations of financial statement accounts.

• Compiles, analyzes, monitors, and reports on investment performance including, but not limited to, return-on-investment, internal rate of return, and cash flow metrics.

• Monitors Key Performance Indicators relating to financial metrics.

• Collaborates with data source providers and technology teams on developing and querying the Bank’s data warehouse, including verifying, extracting, transforming, appending, and standardizing data used in financial and accounting functions.

• Identifies and implements improvements in reporting, cost analysis, and processes.

• Provides ad-hoc financial analysis and reporting as required.

• Complete cost benefit analyses and modeling as required.

Salary range for this role is: $65,000-$75,000

*This role is hybrid from our Lincoln, NE or Draper, UT office*

EDUCATION:

• Bachelor’s Degree in Finance, Accounting or Business Administration with an emphasis in Accounting or Finance, or equivalent experience required.

EXPERIENCE:

• 3+ years financial analysis experience, with a proven record of success. Knowledge of financial concepts relative to profitability and financial ratios.

• Knowledge of basic accounting theories and practices preferred

SKILLS/KNOWLEDGE/ABILITIES:

• Energy, Drive, and Motivation: Embraces challenges enthusiastically, then executes relentlessly.

• Consistent, High-Quality Results: Establishes credibility and finance leadership by producing timely, accurate, and insightful analysis consistently. Earns the respect of others through effective interaction with all teams.

• Efficiency/Accountability: Allocates time efficiently, effectively pivots on shifting priorities; continually seeks ways to improve individual and team productivity. Is highly accountable and able to manage multiple tasks in a fast-paced dynamic environment

• Confident Communication Style: Communicates professionally and respectfully with and develops and maintains effective relationships with business partners and cross-functional teams at all levels of the organization.

• Handles pressure coming from multiple directions simultaneously with flexibility.

• Possesses excellent presentation reporting/report package development skills.

• Analyzes and solves problems.

• Practices discretion.

• Demonstrates expertise in MS Excel and Power BI, and is proficient in MS Word, PowerPoint, and Access.

• Ensures data integrity and is comfortable working with large datasets and diving deeply in the financial data to provide additional insights. Extracting data using SQL code or other data queries.

Our benefits package includes medical, dental, vision, HSA and FSA, generous earned time off, 401K/student loan repayment, life insurance & AD&D insurance, employee assistance program, employee stock purchase program, tuition reimbursement, performance-based incentive pay, short- and long-term disability, and a robust wellness program. Click here to learn more about our benefits: LINK.

Nelnet is committed to providing a welcoming and respectful workplace where all associates have the opportunity to succeed. As an Equal Opportunity Employer, we ensure that all qualified applicants are considered for employment. Employment decisions are made without regard to race, color, religion/creed, national origin, gender, sex, marital status, age, disability, use of a guide dog or service animal, sexual orientation, military/veteran status, or any other status protected by federal, state, or local law. We value the unique contributions of every team member and believe that a positive work environment benefits everyone.

Qualified individuals with disabilities who require reasonable accommodations in order to apply or compete for positions at Nelnet may request such accommodations by contacting Corporate Recruiting at 402-486-5725 or corporaterecruiting@nelnet.net.

Nelnet is a Drug Free and Tobacco Free Workplace.