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Ernst & Young

FSO, BCF Financial Transformation Manager

Ernst & Young, New York, NY


EY focuses on high-ethical standards and integrity among its employees and expects all candidates to demonstrate these qualities. At EY, you'll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we're counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all.

This position could be located in NY, NC, TX, IL, VA.

EY is the only professional services firm with a separate business unit ("FSO") that is dedicated to the financial services marketplace. Our FSO teams have been at the forefront of every event that has reshaped and redefined the financial services industry. If you have a passion for rallying together to solve the most complex challenges in the financial services industry, come join our dynamic FSO team!

The opportunity

Recognizing the changing and fast-paced professional landscape, you will work with our clients to better align their operating infrastructures within their business strategies. You will team with engagement leadership to bring our broad range of capabilities and insights to enhance the role and effectiveness of the finance and operations function. You will partner with colleagues in Technology, Strategy and Risk to bring the latest solutions to not only improve operational efficiencies, but to enhance the changing role of the CFO as an indispensable partner tasked with providing better business insights, profitability and performance measurement.

Your key responsibilities
  • Manage multi-disciplinary project teams at our clients to provide a broad range of solutions and capabilities including operational improvement, profitability management, finance function activities and business integration.
  • Advise clients on a variety of business process issues that help identify, assess, manage and measure the organization's capabilities. Use business process, organizational and technology capabilities and knowledge across several of the following focus areas:
  • Finance transformation (Shared Services, Financial Close, General Ledger/ERP management)
  • Finance Strategy (Vision, Mission, Guiding Principles)
  • Financial Accounting and Reporting operations improvement
  • Accounting Change
  • Finance rapid assessments
  • Source-to-report transformation
  • Post-to-report transformation
  • Source to pay including sourcing strategy and vendor management improvement
  • Planning, budgeting, and forecasting integration
  • Performance Management and Measurement (KPIs, business driver-based metrics)
  • Cost optimization
  • Regulatory and Statutory Reporting strategy and improvement
  • Participate in engagement management and execution as well as client relationship building and management


Skills and attributes for success

Your skills and experiences will help our global FSO Consulting Performance Improvement team to continue delivering high quality service to our clients

To qualify for the role you must have
  • A Bachelor's degree and approximately 5 years of related work experience; or a graduate degree and approximately 4 years of related work experience
  • A minimum of 3+ years of experience working at a professional services firm, financial services company or comparable experience working as an advisor to a financial services company
  • Approximately 4 years of experience in the financial services industry, providing consulting services in the finance function and other operational areas that impact the finance function (e.g. General Ledger Reconciliations, Chart of Accounts Rationalization & Design, Close to Report; Cost Reduction Initiatives, Funds Transfer Pricing, Budgeting and Planning)
  • Experience in managing Enterprise Resource Planning (ERP) implementations
  • Demonstrated record in driving revenue within existing clients at the 'C' level of Fortune 500 companies
  • Experience in program management for large scale business transformation projects and programs
  • Ability to work collaboratively in a team environment - knows when to lead and when to follow
  • Experience managing staff on multiple projects and providing direction to team members
  • Willingness to travel 70-100%


Ideally you'll also have
  • Possess a deep knowledge and strong understanding of the overall finance function operations and business process re-engineering.
  • A degree in business, finance, accounting, computer science, engineering, or a related field; MBA or master's degree preferred
  • Prior experience in any of the following areas:
  • Assessment and redesign of business, risk and control processes
  • Refinement of target operating models particularly within the Finance function
  • Finance transformation and accelerated close
  • Sub-ledger/ledger redesign
  • Management reporting enhancement
  • Business intelligence/decision support
  • Financial planning, budgeting and forecasting
  • Business/Merger Integration
  • Reconciliation redesign or improvement
  • Regulatory and statutory reporting improvement


What we look for

We are looking for the next generation of outstanding leaders to continue our legacy. Our top performers in the past have demonstrated deep knowledge of the financial services marketplace, strong analytical and problem solving skills, and an ability to adapt and collaborate in changing circumstances. If you are someone who exhibits a strong commitment to lead projects to completion on time and within budget while guiding junior team members through feedback and coaching, then this role is for you.

What we offer

We offer a comprehensive compensation and benefits package where you'll be rewarded based on your performance and recognized for the value you bring to the business. The salary range for this job in most geographic locations in the US is $127,100 to $254,200. The salary range for New York City Metro Area, Washington State and California (excluding Sacramento) is $158,900 to $264,800. Individual salaries within those ranges are determined through a wide variety of factors including but not limited to education, experience, knowledge, skills and geography. In addition, our Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options. Under our flexible vacation policy, you'll decide how much vacation time you need based on your own personal circumstances. You'll also be granted time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
  • Continuous learning: You'll develop the mindset and skills to navigate whatever comes next.
  • Success as defined by you: We'll provide the tools and flexibility, so you can make a meaningful impact, your way.
  • Transformative leadership: We'll give you the insights, coaching and confidence to be the leader the world needs.
  • Diverse and inclusive culture: You'll be embraced for who you are and empowered to use your voice to help others find theirs.


EY accepts applications for this position on an on-going basis. If you can demonstrate that you meet the criteria above, please contact us as soon as possible.

EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.

Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.

Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.

For those living in California, please click here for additional information.

EY is an equal opportunity, affirmative action employer providing equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, pregnancy, genetic information, national origin, protected veteran status, disability status, or any other legally protected basis, including arrest and conviction records, in accordance with applicable law.

EY is committed to providing reasonable accommodation to qualified individuals with disabilities including veterans with disabilities. If you have a disability and either need assistance applying online or need to request an accommodation during any part of the application process, please call 1-800-EY-HELP3, select Option 2 for candidate related inquiries, then select Option 1 for candidate queries and finally select Option 2 for candidates with an inquiry which will route you to EY's Talent Shared Services Team (TSS) or email the TSS at [redacted]