Expense Insight Center - Assistant Vice President

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 7-10years 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
    

• 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
  

End Date: February 28, 2025

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