Finance Manager / Senior Finance Manager (CRD) Finance Manager / Senior Finance Manager (CRD) …

State Street Corporation
in Burlington, MA, United States
Permanent, Full time
Last application, 04 Apr 20
State Street Corporation
in Burlington, MA, United States
Permanent, Full time
Last application, 04 Apr 20
State Street Corporation
Finance Manager / Senior Finance Manager (CRD)
Primary Purpose of Position:
The Finance Manager, reporting to the Director of Finance, will be a business partner and manage the planning and forecasting processes company-wide. Lead in complex financial modeling and implement process improvement initiatives.

Essential Functions:
  • Perform multiple financial and scenario analysis.
  • Develop financial models and scenario analysis to support valuation, planning, and forecasting.
  • Support the annual budgeting and monthly forecasting processes, including detailed analytics and financial recommendations related to the assumption and goal setting process.
  • Produce and/or enhance internal management reporting and analyses both on a regularly scheduled and ad-hoc basis.
  • Perform periodic operational and financial reporting and analysis.
  • Perform analysis to support the monthly and quarterly metrics reporting process and distribution to key stakeholders.
  • Logically structure complex issues and communicate conclusions and alternatives to a range of senior executives including the CFO.
  • Research large amounts of data that requires consolidation to allow for concise analysis.
  • Anticipate financial planning needs by providing monthly, quarterly and year-end reporting and analysis as needed.
  • Utilize current documentation and tools/methodologies and recommend new solutions to improve/automate existing and new processes and support new initiatives.
  • Build detailed P&L-level models, run scenario analyses, and perform ad-hoc analyses to assist executive management in making financing, budgeting, and investment decisions;
  • Evaluate new program initiatives, processes, and provide recommendations to executive management based on financial impact.
  • Develop dashboards KPI/metrics that provide management daily visibility into the performance and health of the business.
  • Coordinate across departments/functions internally to communicate and produce deliverables on a timely basis;
  • Strategy: Serve as a trusted, strategic finance partner to the leadership team in the areas of operating expenses, capital spend, ROI, operational efficiency, revenue growth, and profitability and help define and develop a 3-5 year operating plan.
  • Analytics: Serve as the analytics point to advice leadership of the impact of business decisions and opportunities for financial improvement.
  • Planning: Serve as a key stakeholder in the development of the annual operating plan, budgeting, forecasting, and review.
  • Reporting: Provide visibility, governance and timely reporting of financials and key performance indicators (KPIs).
  • Leadership: Lead a financial analyst and adhere to the mission and values of CRD at all time
  • Managing monthly financial, cash flow and KPI forecasting routines and reporting, including monthly variance analysis to budget and forecast.
  • Preparation of monthly reporting dashboard, providing performance reporting based on a comprehensive set of financial and KPI metrics.
  • Manage the annual budget process, establishing appropriate inputs and outputs (P&L, balance sheet, cash flow, KPIs), timetables and necessary levels of analysis and understanding to support all phases/stages of the Company's strategic plan.
  • Perform what-if analysis and ad hoc requests as needed.
  • Provide business case/ROI analysis to support all investment/financial decisions
  • Critical thinking in a structured fashion and translate leadership discussions into an analytical decision-making framework.
  • Develop strong business relations, and be a trusted advisor to leadership team.
  • Manage a Financial Analyst.
  • Establish credibility and build partnerships to better hold partners accountable by employing quantitative and qualitative approaches to decision framework.
Requirements and Qualifications:
A BA/BS degree required, preferably in Finance, Accounting, Business Administration, or another related major; CPA/MBA strongly preferred.
  • A minimum of 8-12 years of progressively responsible experience in business, finance or similar relevant experience.
  • Supervisory/Management experience.
  • Demonstrated proficiency in a quantitatively-heavy position. Strong quantitative and analytical competency is a must.
  • Experience in technology and/or SAAS is required.
  • Thorough understanding of financial planning principles and SaaS based metrics.
  • Advanced Excel skills including logic functions.
  • Understanding of financial statements.
  • Data driven and detail oriented.
  • Self-starter with excellent interpersonal communication as well as written skills.
  • Demonstrated analytical and problem-solving skills.
  • Demonstrated ability to interact effectively with senior management.
  • Ability to manage multiple, simultaneous priorities.
  • Proven organizational skills with attention to detail.
  • Ability to achieve results without close supervision.
  • Understands the importance of deadlines and has a track record of delivering (i.e. seeing things through and getting things done in line with expectations).
  • Self-motivated with the ability to operate independently and also has the strong desire to work as a member of a team.
  • Demonstrated practical, hands-on, "can-do" approach, and the ability to work efficiently and creatively.
  • Advanced Excel user, experience with planning systems, and ability and desire to dig into details is a must.
  • Flexibility with schedule and ability to work beyond regular business hours.
Physical Requirements:
• Involves work of a general office nature usually performed in a stationary position (E.G. sitting or standing) such as answering the phone, operation of a computer, and/or operation of a photocopier.
• Involves movement between departments to facilitate workflow.

Internal and External Contacts:
• Interfaces regularly in both verbal and written form with all levels of professionals. Interfaces directly with employees from all departments to resolve related issues in a timely manner.
• Interfaces regularly with internal customers and third party service providers.

Reporting Structure:
• Reports to the Finance Director, who provides supervision, guidance and evaluates work performance on a periodic basis.
Company Overview

From technology and product innovation to corporate responsibility and community development, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people - strengthening markets, building communities and creating opportunities for growth.

We owe that longevity to the commitment, expertise and creativity of our employees. Our continued success depends on our ability to attract and develop the best talent in the industry. That's why we're keenly focused on employee development, corporate citizenship and inclusion.

For us, success comes in the mark we make as an organization - for the industry, our clients, our communities and each other.