AddressFP&A-Director- (Diversity Hiring)
Only Diversity Hiring
About the Role:
- This role is a Leadership role and is part of Enterprise Finance function within I&P which supports the Finance Delivery for Consumer Lending & Consumer Small Business Banking Line of Business (LoB).
- Responsible for internal management reporting and analysis to support the enterprise business units and related functional areas and provide meaningful insights into the underlying drivers impacting results.
- Ensuring smooth Month Close reporting/Quarterly Forecasting/ Variance Analysis.
- Focus on Accuracy and timeliness of data being shared with Leaders and stakeholders.
- Present the data analysis to Finance leadership and Business stakeholders.
- Build strong connects with Business, Controllership team and other stakeholders.
Responsibilities:
- Build strong relationship with Business CFO and Leaders and demonstrate ongoing Partnership
- Support the strategy and vision of the Business CFO and make value added contribution to the Business & Finance strategy
- Provide leadership to and direct a team of Managers defining strategic priorities
- Provide guidance to the team in performing daily activities and work allocations
- Act as subject matter expert and help contextualize business requirements
- Lead the business transformation strategy of owned processes using cutting edge technology and tools
- Develop operating models that include building horizontal utilities where feasible
- Communicate and present financial performance to various stakeholders and functional heads
- Drive effective teamwork, communication, collaboration and commitment across functional groups with competing priorities.
- Supervise the success of large, companywide complex projects and initiatives
- Provide guidelines for compliance and risk management requirements for supported area and works with other stakeholders to implement key risk initiatives
- Lead in Quarterly forecast cycles for the Business and collaborate with multiple stakeholders -LoB Finance teams, Demand Planning team, Business stakeholders
- Analyzing group's financial performance; informing management of trends and variances and recommending appropriate action; identifying, calculating and recommending most equitable allocation of group's expenses etc.
- Manage monthly close process by analyzing and reconciling expense activity; formulate monthly accruals/journal entries, utilizing various internal and vendor provided financial applications to ensure alignment with budgets and forecasts
- Interpret and evaluate monthly analyses of business trends, including forecast variance of financial results and Key Performance Indicators to identify areas of risk and opportunities and provide recommendations for management review and strategic business sessions.
- Manage Capital Budgeting/Forecasting including Fixed Assets and Balance Sheet reviews
- Manage and provide guidance on vendors that track and analyze vendor expenses to ensure costs are accurately captured and forecasted.
- Manage General ledger Maintenance support processes (Open/Close of Account Unit, organization hierarchies etc.)
- Manage SLA's and measure them against metrics for continuous improvements and efficiencies.
Essential Qualifications
- CA or Master's Degree in Finance, Accounting, Business, or Economics; MBA / CFA a plus
- 20-25 years of experience in a multi-line Banking organization with majority in LoB FP&A function
- Knowledge of Finance and Accounting concepts, methodologies and systems. (Cost Basis Accounting, GAAP, Balance Sheet, Income Statement, Planning, Budgeting and Forecasting)
- Ability to perform complex analyses, build financial models, draw conclusions, and communicate recommendations to business leaders.
- Ability to negotiate, influence, and collaborate to build successful relationships
- Ability to effectively drive results, provide feedback/direction, and manage and build relationships with leaders and team members in a geographically dispersed team environment
- Experience in building and transforming large FP&A delivery teams
- Expertise in managing quantitative data and creating meaningful analyses to lead business improvement and cost reductions. Work with large-scale data mining and reporting tools and other financial systems to produce relevant financial reports and MIS
- Deep analytical and modeling capabilities and project cost tracking skills
- Advanced knowledge of Excel, Power point and intermediate knowledge of Data & BI Tools (Power BI, Alteryx, Power Apps, etc)
Desired Qualifications:
- Preferable to have prior experience in FP&A solution design.
- Knowledge of U.S. Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS) and Comprehensive Capital Analysis Review (CCAR)
- Knowledge of automated financial and accounting reporting systems (Oracle, Hyperion, Essbase, etc.)
- Experience with project management methodologies, processes and tools.
