Truist
Senior Financial Analyst II - FP&A
Charlotte, NC
Nov 21, 2024
Full-time
Full Job Description

The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to create a profile, which will let you see your application status and any communications. If you already have a profile with us, you can log in to check status.

Need Help?

If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (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:

Serve as a strategic business consultant to specified lines of business (LOBs), providing financial analysis and guidance to support key decisions and initiatives that may include new product development, pricing, profitability, expense efficiency and value creation ideas, new investment business cases, and potential divestiture or acquisition opportunities.

Prepare management information and insights to guide decision making and evaluates financial performance vs. plan, prior periods, and the strategic plan. Support and develop recurring short and long-term financial forecasts and the annual financial plan.

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.

  • Collaborates and works across the Finance division to ensure integrity of the financials and ensures sound controls and procedures.
  • Supports reporting and analysis for additional constituencies, including Board of Directors, Investor Relations, and various regulatory agencies.
  • Experienced financial professional role that applies in-depth knowledge within own professional discipline and a deeper understanding of concepts and principles of the business to produce relevant financial analysis and reporting.
  • Compiles, reviews, analyzes, and submits timely and accurate monthly reporting related to the Bank's financial performance or strategy.
  • These may include: pro-forma projections for transaction, products, market segmentation strategies or acquisitions; income/expense or cash flow forecasts; regulatory interpretations, variance analysis and explanations for financial statement line items; or summaries, charts and graphs of data to highlight key results.
  • Ensures that source data is reliable, complete and documentation is maintained to support data integrity initiatives.
  • Interpret and summarize results and trends for Senior Leadership.
  • Applies knowledge of best practices derived from experience to solve problems of higher operational or technical complexity by analyzing possible solutions using data analysis, experience, judgement and precedents.
  • Takes a new perspective on existing solutions to propose innovative solutions.
  • Prepares and reviews materials to senior leadership summarizing issues and communicating solutions.
  • Reviews monthly financial close, monthly forecasting and annual financial planning processes for accuracy and reasonableness, including entries for month-end close, forecast updates, and Plan development.
  • Updates and automates retrieval of financial information via the use of simple spreadsheets to more complex databases and reporting templates.
  • Develops and performs testing of economic models as necessary.
  • Maintains necessary documentation of source data, ensuring adequate support of data integrity.
  • Subject matter expert on products, fees, and fee codes, regulatory reporting requirements, business cycles, origination channels and accounting flow for assigned area of responsibility.
  • Maintains working knowledge of generally accepted accounting principles (GAAP), building expertise related to assigned area of responsibility.
  • Deepens understanding of more complex accounting, profitability, regulatory, and business segment nuances, including cost allocation methodology, funds transfer pricing, and vendor contracts.
  • Provides line of business (LOB) leadership with the monthly performance review package by preparing and providing explanation of changes and identification of trends for use in discussions with the Senior Financial Officer (SFO) and other members of Senior Leadership.
  • Monitors financial performance for specified LOBs to detect unusual or significant changes in business trends and opportunities for improvement.
  • Assists in preparing presentations regarding new business initiatives.
  • Maintains a strong working relationship with supported business area to complete tasks and deliver high quality work.
  • Maintains relationships with cross-functional departments to broaden knowledge and solve more complex situations.
  • Coordinate with internal and external audits and examinations (responses to External and Regulatory requests are to be made in collaboration with Accounting Policy).
  • Assist in risk management governance and business continuity planning processes as necessary.

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 Accounting or Finance, or equivalent education and related training.
  • Five years of relevant accounting or finance experience that includes complex financial analysis.
  • Ability to take direction and then work independently to complete tasks while considering broader implications or necessary additional analysis.
  • Ability to build consensus through communication and presentation of factual and relevant information.
  • Strong verbal and written communication skills.
  • Strong analytical and problem-solving skills.
  • Sound and logical decision-making abilities.
  • Ability to work well with others in a dynamic, team-oriented environment.
  • Proficiency in computer applications such as Microsoft Office Excel, PowerPoint, Word, Outlook, and other basic software products.


Preferred Qualifications:

  • Certified Public Accountant, Certified Management Accountant, or Chartered Financial Analyst
  • Master's degree of MBA
  • Specific financial services or specialized industry experience.
  • 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. 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 Pay Transparency Nondiscrimination Provision E-Verify

PDN-9d89f1c5-7de8-4f65-8981-ee5b1aa4be1c
Job Information
Job Category:
Accounting
Spotlight Employer
Related jobs
Body Shop Technician I
Penske Truck Leasing
Position Summary: As an experienced Body Shop Technician with Penske, you'll use industry-leading technology and repair techniques - plus cutting-edge diagnostic equipment - to get our customers' stat...
Nov 24, 2024
PRINCE GEORGE, VA
Certified Nursing Assistant (CNA)
The Laurels of Pender
*Increased wages! Open shift 7a-7p FT/PT everyother weekend (updated 10/23) Want to make a difference in someone's life? If you have patience, empathy, and a true desire to care for those in need, you...
Nov 24, 2024
BURGAW, NC
4581 Falmer Dr Bethlehem PA 18020 United States What's the Job? Ready to accelerate your career while helping our customers move forward? As a Customer Service Representative Fueler/Washer at Penske,...
Nov 24, 2024
BETHLEHEM, PA
©2024 TalentAlly.
Powered by TalentAlly.
Apply for this job
Senior Financial Analyst II - FP&A
Truist
Charlotte, NC
Nov 21, 2024
Full-time
Your Information
First Name *
Last Name *
Email Address *
Zip Code *
Password *
Confirm Password *
Create your Profile from your Resume
By clicking the Apply button, you agree to the terms of use and privacy policy.
Continue to Apply

Truist would like you to finish the application on their website.

Ace your interview with AI-powered interview practice

Get comfortable talking to hiring managers, receive personalized feedback on areas for improvement, sharpen your ability to answer the most common questions, and build confidence in formulating strong responses on the spot. Click the button below to begin your three free virtual interviews!