FP& a Financial Manager II

FP& a Financial Manager II

Requirements

• Bachelor’s degree in Business or Finance, or equivalent education and related training
• Ten years of experience in financial analysis or corporate budgeting/profit planning/forecasting
• Five years of financial institution work experience as a team leader or supervisor
• Ability to perform financial modeling and analysis related to Truist income statement and balance sheet accounts, lines of business, and Executive Leadership roll-ups
• Vision and drive to evaluate processes for efficiency and effectiveness and continuously improve
• Demonstrated ability to be flexible and adaptive in a fast-paced and dynamic work environment
• Strong interpersonal and communication (verbal and written) skills
• Demonstrated proficiency in basic computer applications, including Microsoft Office software products

Responsibilities

• Support and provide leadership to the Corporation’s profit planning or forecasting process.
• Implement and maintain a seamless profit planning or forecasting process for end-users to enter data.
• Review profit plan or forecast submissions from assigned LOBs and communicate with end-users.
• Make value-added profit plan or forecast recommendations as needed to help bridge any gaps.
• Compile reports from an LOB and consolidated perspective for presentation to Executive Leadership.
• Maintain and update proper controls and documentation covering key processes and reports.
• Provide leadership, direction and coaching to profit planning or forecast specialists and to associates throughout footprint.
• Perform variance analysis comparing the profit plan and forecast to actual results and prior forecast.
• Provide insightful variance explanations to Executive Leadership for performance assessment and strategic decision-making.
• Coordinate profit plans and monthly forecasts with Funds Management, Controller, and CFO as part of a comprehensive corporate funding and capital management program.
• Implement alternative forecasting methods via models and business tools as a way to provide effective challenge to LOBs for their baseline profit plans and forecasts.
• Work closely with Information Systems and Financial Operations resources to maintain, coordinate and enhance the Planning and Forecasting database(s).
• Proactively evaluate each planning and forecasting cycle to identify enhancements to the Corporation’s profit planning and forecasting processes for efficiency and accuracy improvements.
• Develop and lead training programs for profit planning and forecasting processes and systems.
• Communicate effectively with all levels of the Corporation.

Preferred Qualifications

• Master’s degree in finance or business administration
• Professional designation such as Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA)
• Financial institution work experience as a team leader or supervisor
• Knowledge of financial industry business practices
• Financial system experience, such as SAP or Hyperion
• Mastery of financial tools, practices, and concepts used by Truist