Head of FP&A for Consumer and Small Business Banking Job Charlotte area,North Carolina USA,Finance & Banking

Senior Leadership Role in Financial Planning and Forecasting

The position is a senior leadership role with primary responsibility for directing and managing all aspects of financial planning and forecasting activities for Consumer & Small Business Banking (CSBB). The leader will perform a key role in providing financial, operating, and business insight to enable strong strategic and financial decision making by CSBB Leadership. The position partners closely with multiple stakeholders at Truist – including Executive Leadership, Line of Business CFOs & Sr.

Financial Directors, Corporate Finance & Performance Management, Corporate Treasury, Corporate Strategy, and Business Execution & Risk Management, amongst others. The leader must be a 360-degree thinker with strong communication and influencing skills.

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.

Lead and manage the monthly corporate forecasting processes for specified lines of business (LOBs) and Enterprise Functions

Lead review of Line of Business and functional inputs to understand trends, risks, and opportunities.
Refine processes each month with the goal of producing accurate and 50/50 forecasts.
Standardize, digitize, automate, and/or centralize as much of process as possible to allow for Business Unit CFOs/forecasters to focus on higher value-added activities.
Evaluate and consider implementation for alternative forecasting models and tools that can replace, supplement, or provide effective challenge to Lines of Businesses and functions.
Communicate guidance and expectations clearly to end-users / forecasters.
Actively participate in month-end close efforts in partnership with Corporate Accounting.
Ensure strong partnership with Corporate Finance and Performance Management and Investor Relations in the creation of quarterly and annual guidance

Responsible for developing the annual budget and 3-year strategic plans, in addition to longer-term forecasts when needed

Conduct ad-hoc Scenario analysis that incorporates upside/downside economic scenarios in addition to other alternative scenarios

Create high quality financial reporting (standard and ad-hoc) to Executive Leadership to ensure clarity on financial performance trajectory, including risks and opportunities for respective LOBs and Enterprise Functions.

Perform variance analysis comparing actual results to plan, recent forecasts, external guidance, and consensus.
Provide insightful variance explanations to Executive Leadership for performance assessment and strategic decision-making

Conduct financial analysis, as needed, to evaluate BAU activities, organic revenue and/or cost saving opportunities, M&A activities, and/or investment opportunities

Ensure strong performance of financial systems and databases, including opportunities for automation, in partnership with Accounting & Reporting, Controllers, and Business Unit CFOs.

Lead improvements to the planning and forecasting system based on input from key business partners. Partner with Enterprise Technology to implement changes and lead the training of the enhancements.

Ensure strong governance framework including strong execution & maintenance of key policies, procedures, and controls

Lead and build a high-performing team that works well together, has clear roles/responsibilities/expectations, is empowered to continuously improve, is highly engaged and cares for each other

Work across Corporate Finance and Strategy, Line of Business CFOs, Corporate Treasury, Accounting/Reporting/Tax and other teams to ensure alignment – vertical, horizontal, and diagonal leadership required

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 Business or Finance, or equivalent education and related training
10+ years of experience in financial analysis, corporate…