Financial Planning & Analysis (Banking) - AVP

Mizuho•New York, NY

3d•$91,000 - $140,000•Hybrid

About The Position

We are seeking a skilled AVP to support Banking FP&A to play a key role in Financial Planning, Budgeting, Forecasting and Management Reporting for the Bank’s US Operations in the Investment and Corporate Banking (Banking) LOB. This role requires strong analytical skills, attention to detail, the ability to collaborate across multiple business partners and other teams in Finance and align with both local and head office (Japan) data and regulatory requirements. The ideal candidate should have experience in the banking industry, with exposure to multi- entity reporting structure, data hierarchies and should be proficient in working and extracting information from multiple Database systems. This role requires both business and technical expertise, a meticulous approach to data accuracy, and the ability to look for opportunities to enhance or transform current processes.

Requirements

Bachelor’s degree in finance/accounting or business relevant majors (CPA/CFA preferred)
4+ years of experience in financial/bank services industry with 2+ years of specific roles in business planning, budgeting and financial analysis required
Proficiency in Excel and PPT and ERP tools such as Hyperion, Anaplan, PeopleSoft and OneStream
Strong understanding of Banking products and their revenue/ expense relationship
Excellent understanding of Organization Hierarchy and Income Statement databases in multiple dimensions: Business line, Entities, Head office reporting etc.
Excellent problem-solving and communications skills and attention to detail

Nice To Haves

Familiarity with US GAAP and/or IFRS
Knowledge of Business and General Ledger concepts (profit/cost center, trade books, revenues and expenses, inter-entity transfers) at an investment bank or a financial services company

Responsibilities

Prepare presentations and reports to senior management on a weekly/monthly/annual basis, including financial analytics, business and cost drivers and ad hoc reviews
Maintain data reporting standards and integrity for Banking LOB as per HO (Japan) requirements
Develop detailed budget vs actual variance reports to drive high quality decision-making and closely monitor Banking LOB performance
Enhance reporting and budgeting process with a focus on streamlining financial data production and attend to HO (Japan) requests
Liaise with counterparts across Finance, back office and front office to identify and support trends in Banking LOB revenues, expenses, assets and KPIs.
Maintain reporting hierarchies and mappings to ensure data integrity across various systems for Banking LOB
Monitor and support monthly allocation and inter entity/company reconciliations
Assist in planning and execution of various cross-functional projects and initiatives