FSO BCF Financial Transformation Profitability Costing Manager

P&L reporting and profitability Manager: This position could be located in NY (primary) NC IL.

EY is a leader in serving the global financial services marketplace and the only professional services firm with a separate business unit dedicated to the financial services industry the Financial Services Organization (FSO). Our focused model and bold ambition have put us at the center of the events that continue to reshape and redefine our industry working side by side with a range of clients from our most venerable institutions to dynamic new entrants across Banking and Capital Markets Wealth and Asset Management Insurance and Real Estate Hospitality and Construction. Our purpose is to help build a financial services industry in which financial institutions are trusted and flourish and the global economy is healthy growing and secure. If you have a passion for rallying together to solve complex challenges then come join our dynamic FSO team!

The FSO Consulting Finance team is looking for a Manager with a strong delivery track record across cost allocations and profitability management within Banking and Capital Markets Wealth and Asset Management and Insurance. We are looking for an experienced individual who is highly motivated professional and passionate about what they do and who will further add to the continued success of our team.

Your key responsibilities

As a Manager within our FSO Consulting Finance team you will specialize in working closely with clients across Financial Services and manage daytoday engagement teams to provide valuable insight and advice to support clients in their cost and profitability transformation journeys.

Specific responsibilities include but are not limited to:

• Showcasing ability to understanding business dynamics gathering requirements and facilitating technological enablement of our clients vision across the following use cases:
  • Profitability management
  • P&L reporting at line of business product and customer level
  • Cost allocation
  • Profitability analytics
  • Data management
  • IT costing
• Managing delivery of client projects by leading a specific workstream as part of a broader team assessing engagement risks driving conclusions and reviewing the output produced by the team
• Supporting business development activities including managing proposal responses and pursuit teams and developing highquality proposals
• Supporting practice development activities including thought leadership materials specific to the use cases listed above and demonstrating great depth of knowledge by contributing to EY Point of Views EY assets and enablers
• Actively training coaching and mentoring junior resources on profitability and cost allocation/management use cases from both a conceptual and technical standpoint (through onthejob training and through career counseling conversations)
• Developing strong external networks by fostering existing client relationships managing EY accounts and bringing the full offering of EY to clients
• Keeping uptodate on industry dynamics and hot topics to provide clients with industryleading insights and market trends

Professional experience

To qualify for the role you must have:

• Experience of working in a consulting role in Financial Services (Banking and Capital Markets Wealth and Asset Management or Insurance) or a transformation role in industry focusing on:
  • Profitability management
  • Line of business product and/or customer P&L reporting
  • Cost allocation
  • Cost and profitability management systems
  • IT costing and/or total cost of ownership
  • Advanced cost and profitability analytics
• Experience in managing delivery teams on Finance change programs in Financial Services and demonstrable experience from:
  • handson consulting experience at a Big 4 or top tier consulting firm within Financial Services or
  • managing/supporting change programs at a Financial Services organization

• Have technical knowledge of:
  • Profitability management
  • Cost allocation
  • Cost and profitability management systems
  • IT costing and/or total cost of ownership
• Experience in managing projects and leading delivery teams
• Experience in communicating with influencing and generating agreement across senior and midlevel Finance team members
• Have a fouryear degree in business finance accounting engineering or a related field; MBA or masters degree preferred

Skills for success

• Knowledge and strong understanding of Finance function operations and the key issues and challenges currently facing CFOs in the financial services sector
• Confident and comfortable with uncertainty and ambiguity in a project environment
• Demonstrate strong leadership expertise across engagement and practice teams
• Excellent communication presentation and negotiation skills
• Able to apply logic and problem solving to complex Finance business problems
• Instill a positive team mentality even when under pressure by treating their colleagues well and creating an inclusive culture.

• Continuous learning: Youll develop the mindset and skills to navigate whatever comes next.
• Success as defined by you: Well provide the tools and flexibility so you can make a meaningful impact your way.
• Transformative leadership: Well give you the insights coaching and confidence to be the leader the world needs.
• Diverse and inclusive culture: Youll be embraced for who you are and empowered to use your voice to help others find theirs.