Planning & Analysis - Indirect Allocations Associate

You are a strategic thinker passionate about driving solutions in Financial have found the right team

As an Associate in Planning and Analysis you will be responsible for coordinating the budgeting and forecasting process as well as management reports and presentations.

Job Responsibilities

• Indirect Allocations Management:
  Oversee and maintain the rules governing indirect cost allocations within the Commercial & Investment Bank (CIB).
• Process Coordination:
  Track and coordinate the timing of monthly indirect allocation runs for actuals forecasts and budget cycles to ensure accuracy and timeliness.
• Financial Variance Analysis:
  Analyze financial results to identify and explain variances across:
  • Different budget cycles
  • Forecast and outlook cycles
  • Actuals versus forecast and budget
• Cost Center Recertification:
  Lead the annual recertification process for approximately 200000 CIB cost centers ensuring compliance and data integrity.
• Business Support & Investigation:
  Assist business units in understanding their financials and the logic behind allocation results providing clear explanations and actionable insights.
• Technology Engagement:
  Actively participate in technology initiatives leveraging tools such as Databricks SAPCO Advanced Analytics and Anaplan XL to drive process improvements and enhance analysis capabilities.

Required qualifications capabilities and skills

• Self-starter who is able to work in a fast paced results driven environment
• BA/BS in Finance Economics Accounting
• Sound judgment professional maturity and personal integrity strong work ethic proactive and results-oriented and ability to manage multiple tasks simultaneously. Candidate must be comfortable with frequently changing priorities
• Ability to comprehend and clearly communicate complex concepts and maintain composure in a fast-paced dynamic environment
• Excellent organizational management and both verbal and written communication skills
• Strong quantitative analytical and problem solving skills
• Strong technical and analytical skills including Excel PowerPoint Essbase Visual Basic and macros
• Ability to navigate multiple data sets and synthesize into cohesive presentation and recommendations
• Detail oriented with the ability to work well under pressure handling multiple projects and initiatives simultaneously
• Team oriented inquisitive critical thinker who anticipates questions from internal clients and senior management
• Ability to build strong partnerships with colleagues desire to learn quickly be flexible and think strategically

Preferred qualifications capabilities and skills

• (CFA CPA MBA a plus)
• At least 3 years of relevant FP&A experience preferably in the financial services industry