Head of FP&A Consumer and Small Business Banking

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

English (Required)

1st shift (United States of America)

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.

• 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

• Bachelor's degree in Business or Finance, or equivalent education and related training
• 10+ years of experience in financial analysis, corporate finance; good understanding of banking industry
• Intellectually curious and a critical thinker– wants to understand the ‘why’, listens well,…