FP&A Sr Financial Analyst II

Truist Bank•Atlanta, GA

2d•Onsite

About The Position

Provide financial analysis and performance reporting necessary to support strategic execution of Truist Financial Corporation's (and subsidiaries') profit planning or forecasting process and related year-round activities. This role involves supporting the Corporation's profit planning or forecasting process, including reviewing submissions, compiling reports for Executive Leadership, performing ad-hoc analyses, and maintaining controls and documentation. The analyst will work with FP&A and LOBs to develop accurate profit plans and forecasts, understand business drivers, and identify areas for improvement. The position requires the ability to build consensus through communication and presentation of factual information, perform variance analysis, and compile monthly financial reporting. Additionally, the role supports the development of alternative forecasting methods and participates in training programs and cross-training with teammates.

Requirements

Bachelor's degree in Business or Finance, or equivalent education and related training
Two to four years of experience in financial analysis or corporate budgeting/profit planning/forecasting
Ability to achieve productivity in and perform financial modeling and analysis related to Truist income statement and balance sheet accounts, lines of business, and Executive Leadership roll-ups
Vision and drive to evaluate processes for efficiency and effectiveness and continuously improve
Ability to be flexible and adaptive in a fast-paced and dynamic work environment
Strong interpersonal and communication (verbal and written) skills
Demonstrated proficiency in basic computer applications, including Microsoft Office software products

Nice To Haves

Master's degree in finance or business administration
Professional designation such as Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA)
Knowledge of financial industry business practices
Financial system experience, such as SAP or Hyperion
Experience with financial tools, practices, and concepts used by Truist

Responsibilities

Support the Corporation's profit planning or forecasting process.
Review profit plan or forecast submissions from assigned LOBs and communicate with end-users.
Compile reports from an LOB and consolidated perspective for presentation to Executive Leadership.
Perform ad-hoc analyses utilizing Truist tools as requested by the Management Reporting Manager.
Maintain and update proper controls and documentation covering key processes and reports.
Work with FP&A and LOBs to support development of accurate profit plans and forecasts, understanding the drivers of business results, and reviewing these results to identify areas of improvement.
Demonstrate ability to build consensus through communication and presentation of factual and relevant information.
Perform variance analysis comparing the profit plan and forecast to actual results and prior forecast as a means to support performance assessment and strategic decision-making.
Compiles, reviews and submits timely and accurate monthly reporting related to the Bank's and LOB's financial performance and/or regulatory/SEC requirements.
Support development of alternative forecasting methods via models and business tools as a way to provide effective challenge to LOBs for their baseline profit plans and forecasts.
Participate in training programs related to profit planning and forecasting processes and systems and in cross-training with teammates in areas such as FTE analysis, expense allocations, and profit plan changes.
Communicate effectively with Truist Financial Management, lines of business, and internal departments.