Finance FP&A
Financial Services
FinanceFP&A-AssistantVicePresident
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“Finance FP&A - Assistant Vice President at Finance FP&A. Skills: Compensation & Benefits, Team Leadership. Prepare monthly management information reports. Review monthly management information reports”
Industry & Context.
Problem solving; Analytical skill set
What They're Looking For.
Must Have
CA/MBA (Finance), 10-14 years of experience, Financial and business analysis experience, Assessing people related costing experience, Communication and presentation skills, Ability to interact with executive management, Hands-on expertise with Excel & Power BI, Direct support to business or product line management / executives, Experience with preparation of budgets, Experience with variance analysis, Experience with insights, Prior experience of managing FP&A teams, Experience of handling annual performance discussions, Communication skills with ability to drive result-oriented discussions, Present financial results to financial and non-financial audiences, Proficiency in Microsoft Office suite, Advanced levels of excel, Analytical skill set, Ability to analyze and summarize complex financial matters, Ability to multi-task, Work under high pressure deadlines
Nice to Have
Knowledge of Hyperion Essbase, Knowledge of SmartView, Knowledge of Oracle
What You'll Do.
Prepare monthly management information reports
Review monthly management information reports
Deliver monthly management information reports
Provide senior management understanding of costs
Facilitate decision making
Perform monthly variance analysis
Perform key driver analysis
Perform metric analysis
Perform measurement of performance trends
Manage headcount budgeting process
Manage salaries budgeting process
Manage employee benefits budgeting process
Manage contractor costs budgeting process
Collaborate with Central FP&A team
Collaborate with BU /Regional CFO teams
Collaborate with Global Employee benefits
Collaborate with GHR reporting and analytics team
Provide ad-hoc support to BU CFO teams
Support on employee compensation costs
Support on employee benefit costs
Lead the team by example
Work closely with accounting team
Identify process improvements
Implement process improvements
Participate in accounting analyses
Conduct accounting analyses
Participate in financial analyses
Conduct financial analyses
Perform variance analysis
Perform accounting transactions
Perform annual operational planning process
Provide direction to Subject Matter Experts
Provide solutions that satisfy BU CFO requirements
Devise strategies for continuous improvement
Implement strategies for continuous improvement
Work with technical experts
Build low code IT driven solutions
Test low code IT driven solutions
Implement low code IT driven solutions
Address pain areas of BU CFOs
Critically examine financial analysis practices
Assess financial analysis practices
Suggest improvements to financial analysis practices
How You'll Work.
Team & Collaboration
Cross-functional teams; Business Unit teams; Cross Functional Teams
Communication Scope
Presentation skills; Executive presentations; Result-oriented discussions
Full Job Description
**Basic Purpose of Job:** The Expense Insight Center Assistant Vice president provides subject matter knowledge in the Financial Planning & Analysis of employee compensation and benefits related costs. Develops a team that has thorough understanding of State Street’s business practices to effectively perform independent, complex reporting or analytics to support the ad-hoc needs of the businesses. The AVP will be performing and leading multitude of activities associated with reporting and analytics of Compensation & Benefit costs across Business Units. The candidate should have a background in financial analysis, typically acquired through related experience in the financial services industry. The position requires excellent analytical, research and financial modeling ability coupled with strong communication, and time management skills. Ability to lead a team and provide direction on complex issues/topics is very essential. **Job Responsibilities:** * Accountability for the following areas: * Preparation, review and delivery of monthly management information reports that provide senior management an understanding of the Headcount, Salaries and Benefits costs to facilitate decision making, including monthly variance analysis, key driver / metric analysis, and measurement of performance trends. * Headcount, salaries, employee benefits, contractor costs budgeting process. This will involve collaborating with counterparts in the following teams to : * Central FP&A team * Business Unit (BU) /Regional CFO teams * Global Employee benefits team; and * GHR reporting and analytics team * Ad-hoc support to BU CFO teams on employee compensation and benefit costs. * Leading the team by example in the following areas: * Working closely with accounting team to identify and implement process improvements and monitor spend. * Required to participate in or conduct a wide range of accounting and financial analyses on critical and complex issues which may include variance analysis, fo
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