Head of Allocations

Fitch Group • New York, NY

2d • $150,000 - $175,000 • Hybrid

About The Position

Fitch Group is currently seeking a Head of Allocations to lead the global allocation accounting process and related financial reporting, controls, and transformation activities. The Head of Allocations leads the review, redesign, and ongoing governance of our management and statutory allocation processes, which span multiple models across several finance systems, and cover our departments, legal entities, regions, and hubs. The role owns the calculation, review, and reporting of allocations and supports budget, forecast, and month-, quarter-, and year-end cycles. Working in a global, multi-currency, intercompany environment, the Head of Allocations will quickly build a picture of the current framework, identify opportunities to improve accuracy, consistency, transparency, and scalability, and translate allocation outputs into the right accounting treatment, reporting, and business commentary.

Requirements

• Bachelor’s degree in Accounting, Finance, Economics, or a related field.
• 8+ years in finance/accounting, including hands-on allocations / cost-modeling in a global, multi-entity, multi-currency environment.
• Experience operating complex allocation or cost-allocation models across enterprise finance systems.
• Strong grasp of intercompany, statutory vs. management reporting, and the accounting treatment of allocations.
• Experience presenting senior finance leadership.
• Project-management and process transformation experience.

Nice To Haves

• Experience designing, implementing, or optimizing allocation models in Oracle EPCM or a comparable enterprise performance-management platform.
• Experience with Oracle Fusion Cloud EPM, SQL, Python.
• Experience supporting SOX controls and complex internal or external audits, including preparation of walkthroughs, evidence and reconciliations.
• Ability to communicate complex allocation methodologies and financial outcomes to both technical and non-technical audiences.
• Proven leadership, stakeholder management, and communication skills, with the ability to build trusted relationships and coordinate decisions across regional controllers, Tax, FP&A, business partners, Finance Operations, auditors, and senior management.

Responsibilities

• Lead the assessment and overhaul of allocation methodologies, drivers, and controls, and the models and system logic that produce them, to ensure costs land appropriately across the organization's legal entities, departments, regions, hubs, and business units.
• Own the allocation models, including their build, maintenance, documentation, and the reconciliation of outputs between systems.
• Establish and maintain a sustainable governance framework for allocation logic, documentation, approvals, and periodic review.
• Partner with FP&A, Controllership, Tax, Treasury, Operations, and Technology to align allocation outcomes with management reporting, statutory accounting, and intercompany requirements.
• Review allocation results, journal entries, intercompany impacts, and variance analysis to support close, quarterly reporting, budget, and forecast cycles.
• Establish change-management and testing standards for model, driver, and system changes.

Benefits

• Hybrid Work Environment: 3 days a week in office required based on your line of business and location
• A Culture of Learning & Mobility: Dedicated trainings, leadership development and mentorship programs designed to ensure that your time at Fitch will be a continuous learning opportunity
• Investing in Your Future: Retirement planning, financial wellness and tuition reimbursement programs that empower you to achieve your short and long-term goals
• Promoting Health & Wellness: Comprehensive healthcare offerings that prioritize a healthy body & mind
• Supportive Parenting Policies: Family-first policies, including a generous global parental leave plan, designed to help you balance career and family life effectively
• Dedication to Giving Back: Paid volunteer days and support for community engagement initiatives

What This Job Offers

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