First Merchants is seeking an experienced finance professional to join our team as an FP&A Senior Financial Analyst I. This position requires weekly in-office workdays in Daleville, Indiana. We are looking for a candidate with strong experience in financial analysis, financial statement review, return on investment (ROI) analysis, forecasting, budgeting, and strategic financial planning. The analyst will deliver reporting, in-depth analysis, and executive summaries of financial information, including margin performance, variances, trends, and key performance indicators (KPIs) across multiple business segments. Highly qualified candidates will have previous banking experience.
Essential Duties & Responsibilities:
- Perform monthly analysis of various business segment financial information including variance and trending analysis, profitability analysis, reporting and analysis of key performance indicators and writing financial summaries and communication of such to line of business and department leaders.
- Analyze large datasets to assist business partners utilizing available technology tools, including SQL and Power BI.
- Perform analysis of budget information including run rates, one-time adjustments, and impacts of initiatives to support the annual planning process.
- Collaborate with FP&A team members as well as managers and leaders across the company to support development of line of business and departmental budgets.
- Perform analysis and review to drive budget adjustments; provide reporting and change tracking to support the annual planning process.
- Fulfill requests to implement and/or enhance business segment reporting and performance metrics.
- Train end users, including senior managers, on the use of financial reporting technologies and reports available.
- Partner with Senior Financial Analyst II or Business Intelligence on the development and automation of reporting needs and requirements utilizing available reporting technologies such as Power BI and SQL.
- Prepare monthly and/or quarterly internal reports as required.
- Support system administration for budget and reporting software as assigned.
- Prepare incentive payout calculations on a monthly/quarterly basis; provide incentive plan forecasting and analysis as required.
- Prepare and file SEC Section 16 reports for directors and insiders, as well as related annual Federal Reserve reporting, as assigned, ensuring compliance with current regulatory requirements.
- Prepare supporting documentation of Section 16 ownership for annual proxy and FR Y6 as assigned.
- Comply with SOX and other controls and complete periodic attestations as required.
- Ensure department processes and procedures are updated as required.
To be successful in this position, we require the following:
- Bachelor’s degree in finance, accounting, or a related field of study
- A minimum of five (5) years of finance, financial analyst, or related experience.
- A minimum of five (5) years of experience demonstrating analytical skills and strong attention to detail.
- A minimum of two (2) years of experience performing financial statement analysis
- Advanced proficiency in Microsoft Excel demonstrated with a minimum of four (4) years of experience working with complex formulas, including functions such as VLOOKUP, XLOOKUP, IF/THEN, PIVOT Tables and Charts.
The following would be a plus:
- Experience in Banking or the Financial Services industry.
- Experience in budgeting and forecasting.
- Three (3) years or more experience with data visualization or analytical tools such as Power BI or SQL.
First Merchants offers the following:
- Base Pay PLUS Bonuses
- Medical, Dental and Vision Insurance
- 401k
- Health Savings and Flexible Spending Accounts
- Vacation/Sick Time
- Paid Holidays
- Paid Parental Leave
- Tuition Reimbursement
- Additional Benefits
A little about us:
First Merchants is guided by a genuine philosophy of being a meaningful place to work and having a prosperous impact across all walks of life throughout the communities we serve, including consumers, businesses and other organizations. Our Vision, Mission and Team statement reflect and reinforce that authentic service philosophy.
Our Vision is:
To enhance the financial wellness of the diverse communities we serve.
Our Mission is:
To be the most responsive, knowledgeable, and high-performing financial organization for our clients, teammates, and shareholders.
Our Team:
"We are a collection of dynamic colleagues with diverse experiences and perspectives who share a passion for positively impacting lives. We are genuinely committed to attracting and engaging teammates of diverse backgrounds. We believe in the power of inclusion and belonging."
Apply today to begin your career with us!
Equal Opportunity Employer/Protected Veterans/Individuals with DisabilitiesThis employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
Skills Required
- Bachelor's degree in finance, accounting, or a related field
- At least five years of finance, financial analyst, or related experience
- At least five years of experience demonstrating analytical skills and strong attention to detail
- At least two years of experience performing financial statement analysis
- At least four years of advanced Microsoft Excel experience using complex formulas, including VLOOKUP, XLOOKUP, IF/THEN, pivot tables, and charts
- Experience in banking or financial services
- Experience in budgeting and forecasting
- Three or more years of experience with data visualization or analytical tools such as Power BI or SQL
First Merchants Corporation Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about First Merchants Corporation and has not been reviewed or approved by First Merchants Corporation.
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Retirement Support — Retirement programs include a 401(k) with employer match and an employee stock purchase plan that are presented as meaningful components of total rewards. These elements are highlighted as strengths relative to other benefit components.
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Leave & Time Off Breadth — Time-off provisions include PTO, bank holidays, bereavement, paid parental leave, and paid volunteer time. These elements can help offset concerns about base pay in some roles.
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Parental & Family Support — Paid parental leave is explicitly offered and positioned alongside PTO and holidays to support family needs. This support contributes to a more balanced work–life setup.
First Merchants Corporation Insights
What We Do
First Merchants Corporation is the largest financial services holding company in Central Indiana, headquartered in Muncie, Indiana. The Corporation has one full-service bank charter, First Merchants Bank. The Bank also operates as First Merchants Private Wealth Advisors (as a division of First Merchants Bank). First Merchants Corporation’s common stock is traded on the NASDAQ Global Select Market System under the symbol FRME. First Merchants offers customers broad financial services throughout locations in Indiana, Ohio, Illinois and Michigan providing: • Commercial Banking (business) – checking, treasury management, card services, financing, loans, electronic banking, online and mobile banking. • Personal Banking (consumer) – checking, savings, CDs, mortgages, loans, IRAs, HSAs, online and mobile banking. • Private Wealth Advisors - trusts, investments, 401(k) plans, 403(b) plans, profit sharing plans, pension plans, cross-tested plans, cash balance plans, Flexible Spending Accounts, IRAs, SEP IRAs, and succession planning. First Merchants is committed to customers by: • Developing strong relationships. o As financial advisors – our professionals listen and provide solutions o The tenure of our professionals averages eight years, meaning you will enjoy continuity of service o We hire local professionals from the communities we serve • Customers benefit from local decision making. o Decisions are made faster o The process is streamlined, with each customer having a single point of contact. o Our financial professionals are empowered to develop tailored solutions. • The local communities we serve benefit from First Merchants’ involvement and support.
