Basic Purpose of Job:The Expense Insight Center/Expense COE Assistant Manager provides subject matter knowledge in the assigned area of Financial Planning & Analysis, develops a thorough understanding of State Street’s business practices to effectively perform independent, complex reporting or analytics to support the ad-hoc needs of the Expense Insight Center and Business Unit (BU) Lead Financial Officer/s (LFO). Reporting to the Lead of Headcount and Salaries sub-group within the insight center, the Assistant Manager will be working alongside team members of Expense COE, the in-market team members in performing a multitude of activities associated with the expense reporting and analytics of the assigned business units.
Responsibilities & Tasks Include:
Completion of high-quality deliverables within the committed timeframe. Deliverables vary by BU focus but typically relate to;
Month/quarter/year-end closing and forecast
Annual operational planning process (budget)
Expense reviews and Expense Walks and variance explanations
Headcount Walks – And commentaries on headcount movement pertaining to New Business, Hires, Transfers & Exits etc.
Workday Headcount reporting and analysis
Variance analysis along with preparation of management presentations describing insights
Self-review of reporting & analytics deliverables for first pass accuracy and presenting analytical results, findings as needed
May be required to participate in or conduct a wide range of accounting and financial analyses on critical and complex issues which may include variance analysis, forecasts, budgeting, expense drivers and accounting transactions.
Serves as a subject matter expert on a particular financial management matter
Interaction with multiple business heads for day to day deliverables
Participates in or manages function specific projects as needed
May develop and/or update various financial models to generate analyses
Collects information and analytical needs from management to determine analysis approach
Prepares reports and presentations packages. Interprets results for management.
May provide guidance to less seasoned analysts
·Job Requirements:Education and Experience:
Bachelor’s/Master’s Degree in accounting/finance with 7-10 years of relevant experience ideally covering multiple of the following with major financial institutions:
Financial Planning & Analysis exposure in a global setting
Direct support to business or product line management / executives
Prior experience in headcount reporting and analysis is preferred (not mandatory)
Experience with preparation of budgets for multi-national companies
Variance analysis and reporting of insights
Skills/ Knowledge:
Must be able to work in a fast-paced environment
Must possess strong oral and written communication skills with ability to participate in or lead conference calls and present financial results to financial and non-financial audiences at various levels
Pride of ownership with the ability to drive results within the Business
Solid business knowledge as it relates to the financial services industry
Proficiency in Microsoft Office suite (Excel, PowerPoint, Word), advanced levels of excel (pivot tables, formulas, excel workbook maintenance best practices)
Knowledge of Hyperion Essbase.
Knowledge of Tableau, Power BI data analytics and visualization (or similar) a plus
Knowledge of Oracle 11i/Oracle R12 a plus
Strong Analytical skill set
Financial product and institution knowledge
This is a visible role. Excellent communication, organizational and presentation skills, and ability to present complex financial matters to management
Self-motivated, self-assured, and self-managed
Results oriented ownership mindset
Ability to multi-task and work under high pressure deadlines
