Job Description
Functional Job Title : AVP, RIC FP&A
Reports to : VP
Department/ Division : RIC
Responsibilities & Tasks Include:
- For the in-market Finance team to which the Finance CoE Specialist is assigned, completion of high-quality deliverables within the committed timeframe. Deliverables vary by Finance team but typically relate to;
- Month/quarter/year-end closing and forecast
- Annual operational planning process (budget)
- Revenue reviews (direct revenues and allocated revenues)
- Multi-dimensional profitability (business, region, product and client)
- Business volumes trending (e.g. market activity, client activity headcount)
- Variance analysis along with preparation of management presentations describing insights
- New business pipeline
- 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, cost control and accounting transactions.
- Serves as a subject matter expert on a particular financial management matter
- 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 and 14 years relevant experience or Master’s and min 10 years ideally covering multiple of the following:
- Financial Planning & Analysis in a global setting
- Direct support to business or product line management / executives
- Financial services setting
- Prior experience as an expense or revenue controller
- Experience with preparation of budgets for multi-national companies
- Multi-dimensional profitability (business, product, client)
- Unit or project costing
- Project experience
- Variance analysis and reporting of insights
- Financial modelling
- Productivity analysis
Skills/ Knowledge:
- Must be able to work in a fast paced environment
- Must possess strong communication skills with ability to participate in or lead conference calls and present financial results to financial and non-financial audiences at various levels of seniority
- 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, Access, PowerPoint, Word, Visio), advanced levels of excel (pivot tables, formulas, excel workbook maintenance best practices)
- Knowledge of Hyperion Essbase, Salesforce etc..
- Knowledge of Spotfire, Cognos data analytics and visualization (or similar) a plus
- Strong Analytical skill set
- Financial product and institution knowledge
- 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 analyze and summarize complex financial matters and their impact to the bank
- Ability to multi-task and work under high pressure deadlines
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