Financial Analyst

Company Name:
First Data
Requisition No. 38759BR
Job Title Financial Analyst
About First Data First Data is a leading provider of payment solutions for financial institutions and merchants around the world. With over 42 Billion merchant transactions annually and nearly 750 Million credit/debit cards on file, First Data powers the payments value chain in over 80 countries across the globe. We are proud of our extensive customer relationships supporting over 7,000 financial institutions and the largest merchant distribution network in the industry with over 1,200 partners servicing merchants large and small.
Our 25,000 employees are industry experts helping businesses simplify payment processing and improve the customer experience with our broad portfolio of solutions, including: Credit and Debit card issuing and acquiring, STAR PIN-Debit Network, Point of Sale Terminals and deployment services via our subsidiary, TASQ Technology, Gift Card and Loyalty Solutions, TeleCheck Electronic Check Acceptance Services, MoneyNetwork Payroll Distribution, eCommerce and online banking solutions, world-class security services like our new TransArmorsm STAR CertiflashSM Solutions, and more.
First Data. Beyond the Transaction.
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Job Description
Work new and existing account pricing requests.
Analyze and question data on profitability reports, competitor statements, comp offers, etc.
Create pricing models and manipulate profitability reports.
Strong ability to multitask and meet critical deadlines.
Perform profitability analysis of existing merchant base to facilitate:
Establishment of optimal profit thresholds for our merchant portfolio
Identification of product and entitlement revenue opportunities
Industry Analysis of competition to facilitate:
o Pricing Strategy for new account acquisition
o Identification of market and product opportunities
Create and maintain profit and loss statements for our major merchants.
Support Business Modeling efforts of New Partnerships and Aggregator Relationships.
Assist the Pricing Director, Pricing Manager, Sales Managers, Sales Consultants and Relationship Managers on:
o The pricing model
o Exception pricing
o Pricing policies/strategies
o Pricing issues
Assist the Pricing Director and Pricing Manager with various ad hoc analysis/reports and special projects.
Candidate Requirements Bachelors in Business Administration, Accounting, Finance, or Math. 2-4 years experience, or equivalent.
Strong analytical skills and attention to detail necessary to analyze various financial documents including:
o Competitor's statements
o Interchange schedules
o Merchant statements
o Account profitability
o Calculation of refunds
o Savings Analysis
o Identification and communication of account set up issues
o Identification and communication billing issue to the merchant and our partner
Advanced PC/spreadsheet/database skills.
o Including working knowledge of creating formulas
o Linking formulas between spreadsheets
Sufficient understanding of accounting principles applicable to the Pricing analyst functions.
Ability to multi task, prioritize and meet critical deadlines with ease including:
o Daily assignments including hold over(rate reviews and new account files)
o Pricing Group Email Inbox
o Pricing Hot Line
o Rush requests and escalations
Strong team player who regularly volunteers to assist partners, take on additional responsibilities, and assist co-workers.
Proven effective, detailed, clear and concise verbal and written communication skills.
Ability to effectively:
o Document responses and feedback to various levels of Priority Unit Advocates, Assigned and Unassigned Relationship Manager's, Sales Consults, Sales Managers, Management of all levels.
Works independently with little to no direction.
Takes clear and concise notes and uses available resources prior to requesting assistance from fellow team members or Management.
Cross trains and shares knowledge with team of pricing analysts and documents and tracks within shared drives/folders.
Flexible work schedule during special events such a Spring and Fall Association Releases.
Efficiently and effectively follows new guidelines and processes established with ease and monitors new communications for changes.
EFTPS Statement">EFTPS Statement EFTPS Statement">This position requires that the successful candidate must be a lawful permanent resident or US Citizen.
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Country United States
State Maryland
City Hagerstown
Primary Location Address HAGERSTOWN-3 Western Maryland Parkway (4924)
Job Function Finance & Accounting
Worker Type Regular Employee
Full/Part Time Full-Time
Shift Type Days
Hours per Week 40
Work Days Monday - Friday
Posting Currency USD
Posting Range $30,900 - $44,900
EEO Statement to display on Gateway">EEO Statement to display on Gateway EEO Statement to display on Gateway">First Data is an Equal Opportunity Employer (Minorities/Females/Vets/Disabled)
Manager Level L2: Supervisory / Professional
Data Privacy & Legal
2009-2011First Data Corporation. All rights reserved.

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