Assistant Manager - Financial Planning and Analysis

State Street.
Bangalore, India
Not disclosed
27 Jun 2022
15 Jul 2022
Contract type
Full time
Experience level

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 5-7years 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

For further information, and to apply, please visit our website via the “Apply” button below.

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