Truist Inc
Senior Financial Officer - Technology
Truist Inc, Charlotte, North Carolina, United States, 28245
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Need Help? (https://www.brainshark.com/bbandt/careers-site-faq)
If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (careers@truist.com?subject=Accommodation%20request)
(accommodation requests only; other inquiries won't receive a response).
Regular or Temporary:
Regular
Language Fluency: English (Required)
Work Shift:
1st shift (United States of America)
Please review the following job description:
The Enterprise Technology Senior Financial Officer III will serve as a strategic advisor to the Chief Information Officer (“CIO”) providing decision support through financial forecasting and establishing financial performance metrics that align with both corporate and enterprise technology strategic objectives. This position will lead and foster collaboration across Enterprise Technology, the Finance division, and key stakeholders to establish robust controls and procedures, while ensuring the accuracy and integrity of the Enterprise Tech financials.
Job Description
Essential Duties and Responsibilities
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
Position is responsible for leading the financial analysis and reporting process workflow for the Enterprise Technology Finance team. Provides strategic finance advisory to drive business performance inclusive of serving as a member of the CIO’s senior leadership team. Provide leadership, talent development, and mentoring for team members to improve their own technical expertise, performance and career growth; review and approve work of other team members. Foster a team environment that promotes diversity and inclusion broadly across the organization. Ensure that changes to reporting process workflow and/ or data source are documented and communicated to downstream reporting groups.
Identifies and resolves technical, operational, risk management, business, and organizational challenges. Understands & exemplifies Truist's risk appetite; adheres to both the letter and spirit of applicable corporate policies, procedures, processes, standards and regulatory/compliance requirements. Drives change and takes a new perspective on existing solutions to advocate innovative solutions. Establishes long-term solutions for continuous improvement. Prepares and reviews materials to senior leadership summarizing issues and communicating solutions.
Identifies and resolves technical, operational, risk management, business, and organizational challenges. Understands & exemplifies Truist's risk appetite; adheres to both the letter and spirit of applicable corporate policies, procedures, processes, standards and regulatory/compliance requirements. Drives change and takes a new perspective on existing solutions to advocate innovative solutions. Establishes long-term solutions for continuous improvement. Prepares and reviews materials to senior leadership summarizing issues and communicating solutions.
Leads the Enterprise Technology through the annual financial planning process, including rationalizing corporate Plan allocated to Enterprise Technology and adjustments for organizational changes or reinvestments. This includes working closely with Executive Leadership and Enterprise Technology Senior Leadership to develop the annual budget. Serve as central coordination point between the Corporate Financial Planning & Analysis, Financial Executives and Enterprise Technology executive leaders in order to incorporate corporate directives into the financial plans. Work closely with Enterprise Technology Senior Leadership to ensure their agreement with, and incorporate their directives into, the division's overall financial plan.
Works closely with Enterprise Technology Senior Leadership to provide financial support and complete other assigned projects, as requested, on an independent level with minimal direction. Responsibilities include engagement and development by way of drafting and validating proposed business case financials/value at stake, driving/partnering with Enterprise Technology in strategy development, providing budget and corporate plan results, preparation and maintenance of various management reports, support and coordination of the strategic planning processes and serve on special projects as requested.
Supporting the quarterly regulatory filings (Annual 10-K and quarterly 10-Q's) through the gathering of reporting data from Enterprise Technology. Develop an error-free documentation trail to support the submission of the data and meet the various submission deadlines.
Managing the accounting responsibilities for Enterprise Technology. Responsibilities include: engaging centralized controller functions, ensuring GAAP compliance, managing the monthly accounting cycle, maintaining appropriate controls to ensure the timely and accurate posting of entries for all transactions, ensuring accurate completion of closing packages and management reports including explanation of changes and narrative on results of operations, and ensuring all assigned account reconcilements are up-to-date and in compliance with reconcilement policy. Provide first line execution and oversight for financial reporting controls and risk for Finance processes. Provide accounting guidance and consult with Accounting Policy, as appropriate, on matters including but not limited to business combinations, intercompany transactions, capitalization, cost allocations, accrual and fixed asset accounting.
Regularly interacts and presents to members of Executive Leadership. Is also viewed as a senior level individual within the Finance team and would be able to perform in a proxy capacity for the CFO of Enterprise Technology, Operations and Corporate Functions.
Qualifications
Required Qualifications:
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Bachelor's degree in Finance or Accounting, or equivalent education and related training.
Fifteen years of relevant finance or accounting experience that includes complex financial analysis and leadership/supervision of finance teams
Incumbent must possess the significant industry experience and business vision to provide leadership to support to the division manager and Executive leadership and demonstrated ability to deal with ambiguity.
Sound and comprehensive understanding of business and organizational strategies and processes. Ability to build consensus through communication and presentation of factual and relevant information.
Strong verbal and written communication skills to interpret and communicate financial analysis to business partners in a concise and useful manner.
Strong analytical and problem-solving skills.
Sound and logical decision-making abilities.
Demonstrated leadership skills and ability to work well with others in a dynamic, team-oriented environment.
Familiarity with GAAP, with specific knowledge of GAAP related to supported LOBs. High proficiency in computer applications such as Microsoft Office Excel, PowerPoint, Word, Outlook, and other basic software products. Financial Modeling experience.
Preferred Qualifications:
Supervisory experience of multiple teams
Certified Public Accountant, Certified Management Accountant, or Chartered Financial Analyst
Master's degree of MBA
Specific financial services or specialized industry experience including corporate development.
Proficient in Essbase/Hyperion, EPM/BPC, or other enterprise accounting software.
Experience with macros/VBA.
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site (https://benefits.truist.com/)
. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.
Truist supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. Truist is a Drug Free Workplace.
EEO is the Law (https://www.eeoc.gov/sites/default/files/2022-10/EEOC_KnowYourRights_screen_reader_10_20.pdf)
Pay Transparency Nondiscrimination Provision (https://www.dol.gov/sites/dolgov/files/OFCCP/pdf/pay-transp_%20English_formattedESQA508c.pdf)
E-Verify (https://e-verify.uscis.gov/web/media/resourcesContents/E-Verify_Participation_Poster_ES.pdf)
Need Help? (https://www.brainshark.com/bbandt/careers-site-faq)
If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (careers@truist.com?subject=Accommodation%20request)
(accommodation requests only; other inquiries won't receive a response).
Regular or Temporary:
Regular
Language Fluency: English (Required)
Work Shift:
1st shift (United States of America)
Please review the following job description:
The Enterprise Technology Senior Financial Officer III will serve as a strategic advisor to the Chief Information Officer (“CIO”) providing decision support through financial forecasting and establishing financial performance metrics that align with both corporate and enterprise technology strategic objectives. This position will lead and foster collaboration across Enterprise Technology, the Finance division, and key stakeholders to establish robust controls and procedures, while ensuring the accuracy and integrity of the Enterprise Tech financials.
Job Description
Essential Duties and Responsibilities
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
Position is responsible for leading the financial analysis and reporting process workflow for the Enterprise Technology Finance team. Provides strategic finance advisory to drive business performance inclusive of serving as a member of the CIO’s senior leadership team. Provide leadership, talent development, and mentoring for team members to improve their own technical expertise, performance and career growth; review and approve work of other team members. Foster a team environment that promotes diversity and inclusion broadly across the organization. Ensure that changes to reporting process workflow and/ or data source are documented and communicated to downstream reporting groups.
Identifies and resolves technical, operational, risk management, business, and organizational challenges. Understands & exemplifies Truist's risk appetite; adheres to both the letter and spirit of applicable corporate policies, procedures, processes, standards and regulatory/compliance requirements. Drives change and takes a new perspective on existing solutions to advocate innovative solutions. Establishes long-term solutions for continuous improvement. Prepares and reviews materials to senior leadership summarizing issues and communicating solutions.
Identifies and resolves technical, operational, risk management, business, and organizational challenges. Understands & exemplifies Truist's risk appetite; adheres to both the letter and spirit of applicable corporate policies, procedures, processes, standards and regulatory/compliance requirements. Drives change and takes a new perspective on existing solutions to advocate innovative solutions. Establishes long-term solutions for continuous improvement. Prepares and reviews materials to senior leadership summarizing issues and communicating solutions.
Leads the Enterprise Technology through the annual financial planning process, including rationalizing corporate Plan allocated to Enterprise Technology and adjustments for organizational changes or reinvestments. This includes working closely with Executive Leadership and Enterprise Technology Senior Leadership to develop the annual budget. Serve as central coordination point between the Corporate Financial Planning & Analysis, Financial Executives and Enterprise Technology executive leaders in order to incorporate corporate directives into the financial plans. Work closely with Enterprise Technology Senior Leadership to ensure their agreement with, and incorporate their directives into, the division's overall financial plan.
Works closely with Enterprise Technology Senior Leadership to provide financial support and complete other assigned projects, as requested, on an independent level with minimal direction. Responsibilities include engagement and development by way of drafting and validating proposed business case financials/value at stake, driving/partnering with Enterprise Technology in strategy development, providing budget and corporate plan results, preparation and maintenance of various management reports, support and coordination of the strategic planning processes and serve on special projects as requested.
Supporting the quarterly regulatory filings (Annual 10-K and quarterly 10-Q's) through the gathering of reporting data from Enterprise Technology. Develop an error-free documentation trail to support the submission of the data and meet the various submission deadlines.
Managing the accounting responsibilities for Enterprise Technology. Responsibilities include: engaging centralized controller functions, ensuring GAAP compliance, managing the monthly accounting cycle, maintaining appropriate controls to ensure the timely and accurate posting of entries for all transactions, ensuring accurate completion of closing packages and management reports including explanation of changes and narrative on results of operations, and ensuring all assigned account reconcilements are up-to-date and in compliance with reconcilement policy. Provide first line execution and oversight for financial reporting controls and risk for Finance processes. Provide accounting guidance and consult with Accounting Policy, as appropriate, on matters including but not limited to business combinations, intercompany transactions, capitalization, cost allocations, accrual and fixed asset accounting.
Regularly interacts and presents to members of Executive Leadership. Is also viewed as a senior level individual within the Finance team and would be able to perform in a proxy capacity for the CFO of Enterprise Technology, Operations and Corporate Functions.
Qualifications
Required Qualifications:
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Bachelor's degree in Finance or Accounting, or equivalent education and related training.
Fifteen years of relevant finance or accounting experience that includes complex financial analysis and leadership/supervision of finance teams
Incumbent must possess the significant industry experience and business vision to provide leadership to support to the division manager and Executive leadership and demonstrated ability to deal with ambiguity.
Sound and comprehensive understanding of business and organizational strategies and processes. Ability to build consensus through communication and presentation of factual and relevant information.
Strong verbal and written communication skills to interpret and communicate financial analysis to business partners in a concise and useful manner.
Strong analytical and problem-solving skills.
Sound and logical decision-making abilities.
Demonstrated leadership skills and ability to work well with others in a dynamic, team-oriented environment.
Familiarity with GAAP, with specific knowledge of GAAP related to supported LOBs. High proficiency in computer applications such as Microsoft Office Excel, PowerPoint, Word, Outlook, and other basic software products. Financial Modeling experience.
Preferred Qualifications:
Supervisory experience of multiple teams
Certified Public Accountant, Certified Management Accountant, or Chartered Financial Analyst
Master's degree of MBA
Specific financial services or specialized industry experience including corporate development.
Proficient in Essbase/Hyperion, EPM/BPC, or other enterprise accounting software.
Experience with macros/VBA.
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site (https://benefits.truist.com/)
. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.
Truist supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. Truist is a Drug Free Workplace.
EEO is the Law (https://www.eeoc.gov/sites/default/files/2022-10/EEOC_KnowYourRights_screen_reader_10_20.pdf)
Pay Transparency Nondiscrimination Provision (https://www.dol.gov/sites/dolgov/files/OFCCP/pdf/pay-transp_%20English_formattedESQA508c.pdf)
E-Verify (https://e-verify.uscis.gov/web/media/resourcesContents/E-Verify_Participation_Poster_ES.pdf)