State Street

GTS COO Portfolio Financial Management, VP

State Street
Quincy, Massachusetts
Not disclosed
20 May 2024
29 May 2024
Approved employers
Approved employer
Contract type
Full time
Experience level

Who we are looking for

The Planning & Control team sits within the central COO division driving standards by which investment decisions are made and governed across the various product areas within Global Technology Services (GTS). The key priority for the group is to ensure investment decisions are prioritized and aligned to strategic objectives, whilst maintaining standardization and control.

The Portfolio Financials lead will own the team who govern all the financial processes to effectively manage our Gross Labor and Deferral spend across GTS.


  • Define the governance and standard processes for management of portfolio financials within the Clarity toolset
  • Co-ordination of the financial planning and forecasting activities across all business units within GTS
  • Ownership of investment guardrails and on-going maintenance via the change control process
  • Delivery of performance analytics to provide transparency into progress, monitor trends, and support key decision-making on the portfolio investments
  • Development and monitoring of hygiene and control to monitor adherence to standards and drive remediation of any issues
  • Key lead on cost deferral process of investments, ensuring activities are in line with Group Accounting policy whilst driving process simplification for technology project managers
  • Ownership of the maintenance and refresh Labor rates within Clarity PPM tool
  • Driving communication and engagement across all stakeholder parties within PMO, Finance, Strategy, Product, Vendor management as it relates to the portfolio of technology investments

What we value

These skills will help you succeed in this role

  • Experience in the consolidation, review, analysis, and presentation of financials
  • Ability to consultatively advise senior-level stakeholders
  • Proven and successful track record of implementing key financial processes
  • Experience with IT portfolio management tools (ie. Clarity or other PPM solutions)
  • Strong understanding of the SOP-98 policy on deferrals
  • Experience with managing stakeholders in a matrixed organization
  • Detailed orientated and able to multi-task in a fast-paced environment with frequently changing
  • Ability to drive transformation within the Finance function
  • Champion of employee development and engagement with ability to develop and train next-generation talent

Education & Preferred Qualifications

  • Broad Finance leadership experience with 10+ years of experience.
  • A forward-thinking, innovative leader who has experience working in a finance and accounting organization
  • Previous experience in a finance/planning role in banking or financial services is strongly preferred
  • Excellent oral and written communication and relationship management skills
  • Ability to prioritize, organize, and summarize data from multiple sources
  • Extensive experience overseeing business planning and budgeting process

Salary Range:

$135,000 - $210,000 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

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

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