Language Fluency: English (Required)

Work Shift:

1st shift (United States of America)

Job Grade:

114

Please review the following job description:

Manage and lead strategic execution of Truist Financial Corporation's (and subsidiaries') financial methodologies, allocation and performance reporting processes and systems. Lead the continuous improvement of the substance and efficiency of methodologies and processes, integration with reporting, planning and forecasting, and value-added information for Truist leadership. Responsible for supervising, managing and motivating team members on a daily basis. Provide leadership for additional financial analysis including, but not limited to, organizational, product, and client profitability, and pricing methodologies.

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.
1. Manage and provide leadership to the Corporation's financial methodologies and process. Key responsibilities related to the financial methodologies include:
a. Implement and maintain Truist's Capital Allocation methodologies, and processes;
b. Implement and maintain Truist's Indirect and other Cost allocation methodologies and processes; 
c. Implement and maintain Truist's Integrated Relationship Management and Transfers and processes with a focus on supporting key Truist competitive strategies and promoting economic substance;
d. Ensure compliance with Regulation W 23B requirements in partnerships with Regulation W function and LOB Finance;
e. Maintain and update proper controls and documentation covering key processes, systems and reports.
2. Lead key governance processes related to financial methodologies including management the Profitability Working Group agendas, materials and approvals. Manage the Profitability Working Group in compliance with enterprise governance requirements and policies.
3. Lead the production of monthly performance reporting package that is presented to Executive Leadership; engage with stakeholders to leverage performance reporting package and data to support related reporting needs, such as strategic planning.
4. Lead development, improvement, and maintenance of financial systems used in calculating, allocating and reporting financial methodologies in partnership with Enterprise Technology.
5. Provide leadership, direction and coaching to Financial Methodology, Cost and Profitability Reporting Teams and serve in advisory capacity for LOB leadership throughout the company. This includes working with LOB Finance and LOBs to develop economically meaningful financial information and analysis, and reviewing these results to identify areas of improvement.
6. Proactively evaluate the monthly profitability allocation cycle to identify enhancements to the Corporation's financial methodology process for efficiency, cycle time, and accuracy improvements.
7. Develop and lead training programs for financial methodology processes and systems. Develop skills of the cost and financial methodology specialists. Promote cross-training across teams. 
8. Manage the profitability-based methodologies and allocations utilized in the forecasting and profit planning processes; engaged with teammates in FP&A / Corporate Finance as well as LOB Finance to document and implement methodologies
9. Work to create a positive team environment with an open communication culture. Delegate tasks and set deadlines as appropriate. Listen to team members' feedback and resolve any issues or conflicts. Encourage creativity. Suggest and organize team building activities.
10. Communicate effectively with all levels of the Corporation. Significant interaction with the CFO 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.
1. Bachelor's degree in Business or Finance, or equivalent education and related training
2. Fifteen years of experience in financial methodologies, financial analysis, or corporate budgeting/profit planning/forecasting
3. Ability to perform and lead financial modeling and analysis related to Truist income statement and balance sheet accounts, products and
4. client profitability 
5. Seven years of financial institution work experience as a team leader or supervisor
6. Vision and drive to evaluate processes for efficiency and effectiveness and continuously improve
7. Demonstrated ability to be flexible and adaptive in a fast-paced and dynamic work environment
8. Strong interpersonal and communication (verbal and written) skills
9. Demonstrated proficiency in basic computer applications, including Microsoft Office software products

Preferred Qualifications:
1. Master's degree in finance or business administration
2. Professional designation such as Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA)
3. Knowledge of financial industry business practices
4. Financial system experience, such as SAP or Hyperion
5. Mastery of financial tools, practices, and concepts used by Truist

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.