Director, Financial Planning & Analysis

Bank of New York Mellon • New York, NY

6d • $130,000 - $250,000

About The Position

The Director, Engineering FP&A – Third-Party Software & Vendor Expense Management will lead financial planning, forecasting, and management of vendor expenses across the engineering practice, particularly third-party software. The role serves as a strategic partner to Engineering, Sourcing, IT Asset Management, and CFO teams to improve financial transparency, optimize spending, and strengthen decision-making. The ideal candidate brings a strong FP&A foundation and a product mindset to complex data, processes, and cross-functional operating models.

The role focuses on improving visibility into engineering software spending, strengthening vendor expense forecasts and planning discipline, enhancing data integrity across finance, sourcing, and asset management workflows, and supporting informed decisions about renewals, optimization, and investment trade-offs. It also contributes to Engineering strategy discussions on productivity and long-term investment management.

BNY offers competitive compensation, benefits, and wellbeing programs, including access to flexible global resources and tools, generous paid leaves, and paid volunteer time. Eligible employees may be eligible for an annual discretionary incentive award and may enroll in the company 401(k) plan and company-sponsored medical, dental, vision, and basic life insurance plans. Other benefits may include paid time off, such as vacation and sick time, depending on the position offered.

Requirements

• Bachelor’s degree in Finance, Accounting, Economics, Business, or a related field.
• Significant experience in FP&A, strategic finance, expense management, or related finance roles.
• Experience managing or analyzing vendor spending, procurement-related expenses, or software investment portfolios.
• Strong understanding of budgeting, forecasting, variance analysis, and management reporting.
• Demonstrated ability to work across large, complex organizations and influence stakeholders outside direct reporting lines.
• Experience partnering with functions such as Sourcing, Engineering, IT Asset Management, and broader CFO organizations.
• Strong analytical skills, including the ability to assess large data sets, identify trends, and solve ambiguous problems.
• Understanding of data quality challenges and data flows across finance, procurement, and asset management systems.
• Ability to focus on business outcomes when making financial process and tooling decisions.
• Excellent communication and presentation skills, with the ability to tailor messaging for finance and non-finance audiences.
• Strong executive presence when engaging senior leadership.

Nice To Haves

• Advanced degree and/or MBA.
• Experience supporting technology, engineering, or software organizations.
• Strategic thinking that connects financial detail to broader business priorities.
• Collaborative approach and effectiveness in matrixed environments.
• Comfort navigating ambiguity and building structure in evolving processes.
• Strong attention to detail balanced with the ability to synthesize key messages quickly.
• Results orientation, ownership, execution, and commitment to continuous improvement.

Responsibilities

• Lead planning, forecasting, and ongoing management of engineering vendor expenses, with a primary focus on third-party software spending.
• Partner with Engineering leaders to understand demand drivers, software usage trends, investment priorities, and cost implications.
• Apply a product mindset to financial processes and tools, improving user experience, scalability, transparency, and decision usefulness.
• Build working relationships across Sourcing, Engineering, IT Asset Management, and CFO teams to align planning assumptions, contract timing, renewal pipelines, and spending governance.
• Improve end-to-end visibility of software-related spending by analyzing data flows across financial, procurement, asset management, and operational systems.
• Support vendor governance by helping evaluate renewals, usage trends, contract changes, and financial trade-offs.
• Drive process improvements that enhance forecast accuracy, planning discipline, and management insight.
• Translate complex financial and operational data into clear insights and recommendations for senior leadership.
• Influence stakeholders across functions to adopt consistent processes, improve accountability, and support enterprise priorities.
• Contribute to Engineering strategy discussions on productivity and long-term investment management.

Benefits

• Competitive compensation.
• Benefits and wellbeing programs.
• Flexible global resources and tools.
• Generous paid leaves, including paid volunteer time.
• Eligibility for an annual discretionary incentive award, subject to applicable plan terms.
• 401(k) plan, available to eligible employees.
• Company-sponsored medical, dental, vision, and basic life insurance plans for eligible employees and their eligible dependents.
• Other benefits may include vacation and sick time, depending on the position offered.

What This Job Offers

• Job Type: Full-time
• Career Level: Director