Commercial FP&A Liaison - Asset Finance
About The Position
Commercial Banking Financial Planning & Analysis (FP&A) has a crucial role as a strategic partner to Commercial Banking leaders, business management and senior stakeholders across Corporate Finance by providing quality analysis and reporting that generate insights into business trends and economics. The Asset Finance Group (AF) represents about 40% of the Commercial Bank and provides lending solutions underwritten to the specific needs of our clients, including equipment leasing, lender financing, warehouse lending and inventory financing. The Finance Segment/Region Liaison will be responsible for driving AF-wide deliverables across earnings, revenue / expense/ balance sheet resource analyses and competitor reporting, as well as coordination of projects to support AF covering all businesses and functions. This role will report to the CFO of Asset Finance. Job Description · Lead monthly general ledger pre-close process · Research and document variances · Partner with Corporate Accounting to ensure appropriate G/L entries are prepared and posted · Prepare written variance analysis and present verbally to stakeholders · Lead financial forecasting and budgeting process · Manage the annual budgeting and monthly/weekly forecasting process · Develop and maintain financial reporting & analysis tools · Lead personnel planning including coordination with Human Resources liaison to ensure forecast aligns with hiring plans · Manage business performance reporting and communications · Prepare and deliver regular and ad-hoc reports with written commentary and analysis on business performance · Ensure consistent delivery of data and information that supports written and verbal reporting · Develop materials for business communications · Govern financial reporting hierarchies · Partner with Strategy, Investor Relations, Finance and Business functions on various reporting and analytical needs for financial data · Drive relevant analysis to aid Business Unit Leaders in strategic decision making · Identify and analyze profitability drivers and work with CFO to create recommendations to Head of AF and other stakeholders · Support merger and acquisition (M&A) and other ad-hoc growth initiatives through financial analytics
Requirements
- Bachelor’s degree in a quantitative field (Finance, Economics, Math, Accounting, etc.)
- Minimum 5+ years of experience in financial support roles
- Able to multi-task effectively, be a self-starter, and be able to handle stress with composure and professionalism
- Strong written and verbal communication skills with the ability to interface with many levels of management
- Strong analytical and critical thinking skills with an understanding of the concept of materiality (i.e., knows when information is relevant)
- Ability to proactively manage issues and assignments and move work forward with limited direction
- Capable of managing changing priorities with ease and pois
Nice To Haves
- Knowledge of Commercial Banking
- Finance experience in the financial services industry
- Proficiency in Excel, Essbase / Smart View, SAS desired
Responsibilities
- Lead monthly general ledger pre-close process
- Research and document variances
- Partner with Corporate Accounting to ensure appropriate G/L entries are prepared and posted
- Prepare written variance analysis and present verbally to stakeholders
- Lead financial forecasting and budgeting process
- Manage the annual budgeting and monthly/weekly forecasting process
- Develop and maintain financial reporting & analysis tools
- Lead personnel planning including coordination with Human Resources liaison to ensure forecast aligns with hiring plans
- Manage business performance reporting and communications
- Prepare and deliver regular and ad-hoc reports with written commentary and analysis on business performance
- Ensure consistent delivery of data and information that supports written and verbal reporting
- Develop materials for business communications
- Govern financial reporting hierarchies
- Partner with Strategy, Investor Relations, Finance and Business functions on various reporting and analytical needs for financial data
- Drive relevant analysis to aid Business Unit Leaders in strategic decision making
- Identify and analyze profitability drivers and work with CFO to create recommendations to Head of AF and other stakeholders
- Support merger and acquisition (M&A) and other ad-hoc growth initiatives through financial analytics
Benefits
- health insurance coverage
- wellness program
- life and disability insurance
- retirement savings plan
- paid leave programs
- paid holidays
- paid time off (PTO)
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
