VP, FP&A Manager

Banc of California • Los Angeles, CA

12h

About The Position

Responsible for participating in the preparation and analysis of reports related to all areas of corporate planning. Participates in the annual planning process by analyzing profit and loss variances of proposed initiatives and development of cost center budgets. Develops and analyzes financial reports to support management team’s short-and long-term decision-making capabilities. Compiles, analyzes and prepares various monthly and ad hoc internal management reports. Performs all duties in accordance with the Company’s policies and procedures, all U.S. state and federal laws and regulations, wherein the Company operates.

Requirements

• 6-8 years of related work experience and/or training. 
• 3+ years of analytics or financial modeling experience.
• Experience with analytical software packages/tools/languages, visualization tools and applying such tools to streamline reporting.
• Bachelor’s Degree and/or relevant work experience or training
• Intermediate/Advanced knowledge of financial modeling.
• Strong systems mindset and comfort working with data, including SQL or similar tools.
• Technical inclination: ability to learn new Finance systems and assist with administration and report development.
• Effective organizational and time management skills.
• Exceptional oral, written and interpersonal communication skills.
• Ability to make decisions that have moderate impact on the immediate work unit and cross functional departments.
• Ability to provide consultation and expert advice to management.
• Ability to make informal and formal presentations, inside and outside the organization; speaking before assigned team or other groups as needed.
• Ability to deal with complex difficult problems involving multiple facets and variables in non-standardized situations.
• Ability to work with little to no supervision while performing duties.
• Demonstrates knowledge of, adherence to, monitoring and responsibility for compliance with state and federal regulations and laws as they pertain to this position including but not limited to the following: Regulation Z (Truth in Lending Act), Regulation B (Equal Credit Opportunity Act), Fair Housing Act (FHA), Home Mortgage Disclosure Act (HMDA), Real Estate Settlement Procedures Act (RESPA), Fair Credit Reporting Act (FCRA), Bank Secrecy Act (BSA) in conjunction with the USA PATRIOT Act, Anti-Money Laundering (AML) and Customer Information Program (CIP), Right to Financial Privacy Act (RFPA, state and federal) and Community Reinvestment Act (CRA).
• Basic knowledge of corporate accounting and pertinent GAAP, SEC rules and regulations including Dodd-Frank Act and Sarbanes-Oxley compliance.
• Must be fully vaccinated for COVID-19 (i.e., at least 2 weeks after last dose) and, if hired, present proof of vaccination by start date.
• Advanced math skills; calculate interest and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; locate routine mathematical errors; compute rate, ratio and percent, including the drafting and interpretation of bar graphs
• High School diploma or equivalent required

Nice To Haves

• Prior experience in the banking or financial services industry preferred.
• Experience in Hyperion Essbase a plus.
• Familiarity with automation, AI, or advanced analytics applied to finance is a plus.

Responsibilities

• Partners directly in the technical build-out and support of databases, query tools, reporting tools, BI tools, dashboards, etc., to enable analysis, modeling, and advanced data visualization. Provides direction on report content, calculations, metrics, data quality validation, data cleansing, layout and frequency.
• Leads the enhancement of finance reporting and analytics capabilities, leveraging tools such as Power BI and Snowflake to improve efficiency, accuracy, and insight generation.
• Identifies and incorporates automation and emerging AI capabilities to improve forecasting, variance analysis, and reporting efficiency.
• Compiles, analyzes and prepares various monthly and ad hoc financial reports and recommendations on analytic projects. Performs various financial analyses and prepares financial data for management reporting.
• Validates data for and creates reports on variances from established budgets. Investigates the reasons for those variances and provides summaries and recommendations accordingly. 
• Continually provides guidance to management in regards to the improvement, maintenance, and documentation of department systems, policies and procedures. 
• Prepares Board of Directors’ financial reports, including variance to approved budget.
• Involved with interviewing and hiring decisions.
• Prepare and deliver employee performance evaluations, goal planning, and counseling.
• Manage, support, coach and train employees.
• Follow all established policies and procedures.
• Perform other duties and projects as assigned.

Benefits

• Financial Security: You will be eligible to participate in the company’s 401k plan which includes a company match and immediate vesting.
• Health & Well-Being: We offer comprehensive insurance options including medical, dental, vision, AD&D, supplemental life, long-term disability, pre-tax Health Savings Account with employer contributions, and pre-tax Flexible Spending Account (FSA).
• Building & Supporting Your Family: Banc of California partners with providers that offer adoption, surrogacy, and fertility assistance as well as paid parental leave and family support solutions including care options for your family.
• Paid Time Away: Eligible team members receive paid vacation days, holidays, and volunteer time off.
• Career Growth Opportunities: To support career growth of our team members, we offer tuition reimbursement, an annual mentorship program, leadership development resources, access to LinkedIn Learning, and more.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 501-1,000 employees