Business Partner, Financial Management

Federal Reserve System•St. Louis, MO

About The Position

As a Business Partner, Financial Management, you will serve as a strategic partner to the assigned departments focused on understanding the supported business areas. You will partner with Division Analytics function to enhance reporting and metrics and collaborate with Financial Management and Procurement Centers of Expertise to define and implement financial strategies. You will report to the Senior Manager, FM Business Partners.

Requirements

Bachelor's degree or commensurate experience
3 years of experience in Finance or Procurement or related field.
Ability to analyze a situation, synthesize data, and collaborate on solutions that will positively impact business objectives.
High level of interpersonal, consulting, relationship management, and coaching capabilities.
Excellent verbal, written, project leadership and interpersonal communication skills.
Business acumen in industry practices and emerging trends.
Bachelor's degree or commensurate experience
Travel (5%)
Candidates with less experience may be considered at lower levels.

Nice To Haves

Experience partnering with clients to deliver customer-centric business solutions preferred.

Responsibilities

Develop budget and sourcing strategies that help achieve business goals.
Anticipate budget implications of business strategy.
Consult on business areas on spending codes and cost allocations as needed.
Serve as coach for sourcing and contracting processes.
Forecast business needs and implement strategies to meet those needs.
Perform discretionary expenditure reviews as required.
Facilitate relationships between business areas and FM Centers of Expertise, across FM Centers of Expertise, and between FM and People and Culture.
Partner with business areas to determine gaps in reporting.
Mature reporting to analytics to provide better insights, linking financial reports to business strategies.
Collaborate with Financial Management and Procurement Centers of Expertise to define and implement financial strategies.
Consult with P&C Business Partners on matters which cross human capital and financial disciplines.
Support and then lead the sourcing lifecycle (requirements gathering, RFI, RFP, contract negotiation) for Bank purchases in alignment with purchasing guidelines.

Benefits

Medical (4 options), Prescription, Dental (3 options), and Vision Insurance with no waiting period
401k/Thrift Plan with generous employer match
Employer-funded Pension Plan
Paid Vacation/Sick Time and Holidays
Flexible Spending Accounts and Healthcare Spending Accounts
Life Insurance and Long-Term Disability Insurance
Tuition Reimbursement (undergraduate and graduate)
Parental Leave
Free onsite 24/7 Fitness Center
Onsite Cafeteria and Coffee Shop (St. Louis location)
Additional Convenience Benefits, Discounts and More…