About Working at Commerce 

Building a career here is more than just steps on a ladder. It’s about helping people find financial safety and success, helping businesses thrive, and making sure people and their money are taken care of. And our commitment doesn’t stop there. Our culture is about our people, the ones in our communities and the ones that work with us.  

Here, you’ll find opportunities to grow and learn, to connect with others, and build relationships with the people around you. You’ll have the space and resources to grow into the best version of yourself. Because our number one investment is you.

Creating an award-winning culture doesn't come easy. And after 160 years, we know Commerce Bank is only at its best when our people are. If this sounds interesting to you, keep reading and let’s talk. 

Compensation Range

Hourly: $34.05 - $45.45 (Amount based on relevant experience, skills, and competencies.)

About This Job

The main purpose of this job is to develop and manage customer profitability reporting, internal pricing models, financial modeling and forecasting, and ad hoc reporting. This role will be positioned within the Commercial Payments Data Analytics team and will work with various stakeholders including Senior Leaders, Account Management, Sales, Data Analytics/Operations, Financial Planning and Analysis, and internal Incentive and Compensation teams.

Essential Functions

Assist with the design and implementation of new customer profitability processes to support product launches and ensure alignment with product revenue and cost structures

Develop and track reporting and key operational metrics to evaluate the accuracy and effectiveness of both current and future customer profitability processes

Maintain and enhance existing department product pricing models and develop new pricing models supporting future product releases

Interact with Sales and Account Management leaders to aid in their understanding of customer profitability and internal pricing models

Assist with validating pricing models by comparing them against actual customer profitability outcomes to ensure accuracy and relevance

Assist with financial forecasting, reporting, and operational performance tracking to support strategic decision-making

Regularly meet with business line leaders to gain in depth understanding of product functionality, revenue generation, and cost structures

Execute accurate and timely monthly processes supporting internal management and incentive reporting requirements

Identify and implement process improvements, including but not limited to the creation of standard and ad-hoc reports and implementing solutions spanning across multiple teams within the organization

Analyze past results and perform variance analysis identify trends and anomalies

Clearly communicate analytical findings and strategic recommendations to stakeholders at various leadership levels within the organization

Perform other duties as assigned

Knowledge, Skills & Abilities Required

Basic knowledge of financial statements

Proficient in financial modeling and conduct detailed profitability analysis

Process mind with the ability to research and document current processes and systems

Analytical and critical thinking skills with the ability to break down processes and financial statements

Basic understanding of relational databases and extracting data from a data warehouse

Problem-solving capabilities with a keen eye for identifying inefficiencies and errors and implementing effective solutions

Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities

Inquisitive, agile, and strong team player with excellent written, verbal, and interpersonal communication skills

Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values

Basic level proficiency with Microsoft Word, Excel, Teams, Microsoft Access, VBA, SQL and Outlook  

Education & Experience

Bachelor’s degree or equivalent combination of education and experience required

1+ years’ experience in finance, data analytics, mathematics or other financial related field required

1+ years’ experience managing or working with relational databases required

Knowledge/Experience using BI tools such as Power BI/Tableau preferred

Knowledge/experience working in Commercial Banking preferred

*Hybrid Schedule: In office 1 day per week

**Level of role is determined by knowledge, experience, skills, abilities, and education

***For individuals applying, assigned and/or hired to work in areas with pay transparency requirements, Commerce is required by law to include a reasonable estimate of the compensation range for some roles.  This compensation range is for the Financial Reporting Analyst and Senior Financial Reporting Analyst – Commercial Payments job and contemplates a wide range of factors that are considered in determining most appropriate job level and making compensation decisions, including but not limited to location, skill sets, education, relevant experience and training, licensure and certifications, and other business and organizational needs. The disclosed range estimate has not been adjusted for any applicable differentials (geographic, bilingual, or shift) that could be associated with the position or where it is filled. At Commerce, compensation decisions are dependent on the facts and circumstances of each situation. A reasonable estimate of the current base pay is $34.05 to $45.45 per hour.  

#LI-Hybrid

The candidate selected for this position may be eligible for the following employment benefits: employer sponsored health, dental, and vision insurance, 401(k), life insurance, paid vacation, and paid personal time. In addition, we offer career development, education assistance, and voluntary supplemental benefits.  Click here to learn more.

Location: 1000 Walnut St, Kansas City, Missouri 64106

Time Type:

Full time