Finance Lead - Capital Markets

PNC Bank NA; United States; On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Medical/prescription drug coverage (H)

Dental and vision options

Life insurance

Short/long-term disability

401(k) with PNC match

Pension and stock purchase plans

Dependent care reimbursement

Back-up child/elder care

Educational assistance

Wellness program with financial incent

Job summary

PNC is seeking a Finance Lead in its Commercial and Institutional Banking Finance organization, based in Pittsburgh, PA. The role centers on monthly/quarterly reporting, strategic initiatives, and close collaboration with business partners and IT to deliver data-driven insights.

The role requires strong accounting and finance skills, cross-functional leadership, and the ability to present to senior leadership.

Qualifications

• Strong working knowledge of general accounting, financial reporting, budgeting and forecasting, financial analysis, and management accounting concepts.
• Solid understanding of the banking balance sheet and the capital markets business preferred.

Responsibilities

• Performing as a key contributor within the capital markets finance team supporting monthly and quarterly reporting, driving key initiatives, preparing ad hoc analyses, and conducting accounting research to guide business initiatives.
• Partnering with team members, line of business leaders, finance experts across the firm, and information technology to deliver accurate, insightful analyses and perspectives.
• Leading advanced planning, analysis, solution development and presentation for complex strategic initiatives, ensuring quality and accuracy of data elements relative to the initiatives.
• Analyzing and recommending solutions for key initiatives. Developing structured and compelling presentations to highlight key findings and making recommendations to key decision makers within the company.
• Collaborating with the line of business to implement recommended strategic solutions.

Skills

General accounting & financial data

Financial reporting

Budgeting & forecasting

Financial analysis

Management accounting

MS Office (Excel/Word/PowerPoint)

Hyperion Essbase

Oracle ERP

Data analytics

Tools

MS Office Suite

Hyperion Essbase

Oracle ERP

Job description

Position Overview

At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture where all of our employees feel respected, valued and have an opportunity to contribute to the company’s success. As a Finance Lead within PNC's Commercial and Institutional Banking (C&IB) Finance organization, you will be based in Pittsburgh, PA supporting the Capital Markets segment. Successful candidates will possess strong communication skills essential in presenting financial analyses and perspectives to senior leadership both verbally and visually. The role will offer a mix of project work, monthly and quarterly reporting, technical accounting research, business case development on products within Capital Markets, in addition to leading key initiatives and special requests put forth by business partners and Capital Markets leadership.

Primary responsibilities and activities

• Performing as a key contributor within the capital markets finance team supporting monthly and quarterly reporting, driving key initiatives, preparing ad hoc analyses, and conducting accounting research to guide business initiatives.
• Partnering with team members, line of business leaders, finance experts across the firm, and information technology to deliver accurate, insightful analyses and perspectives.
• Leading advanced planning, analysis, solution development and presentation for complex strategic initiatives, ensuring quality and accuracy of data elements relative to the initiatives.
• Analyzing and recommending solutions for key initiatives. Developing structured and compelling presentations to highlight key findings and making recommendations to key decision makers within the company.
• Collaborating with the line of business to implement recommended strategic solutions.
• Leading the review and analysis of complex transactions and communicating the implications to senior management.
• Providing expertise, including specialized knowledge related to internal control processes and management financial reporting in support of the Finance department and business partners.
• Leading team members on key projects and process enhancement implementations.

Qualifications

• Strong working knowledge of general accounting, financial reporting, budgeting and forecasting, financial analysis, and management accounting concepts.
• Solid understanding of the banking balance sheet and the capital markets business preferred.
• Ability to work in a fast-paced environment with rapidly changing needs.
• Proficiency with Microsoft Office (Excel, Word, PowerPoint) is required. Experience with Hyperion Essbase, Oracle ERP and data analytics preferred.
• Experience using technology platforms to support financial reporting, research and analysis.
• Demonstrated competency in analytical and written and verbal communication skills. An ability to put complex subjects in simple terms to explain to management and partners.
• High level of insightful curiosity in order to constructively challenge presented information to make sure it is accurate and meaningful.
• Detail-oriented with strong problem-solving skills. Able to use technology, contacts and deductive reasoning to get to the bottom of reporting requests.
• High degree of independent thinking, process leadership and the ability to build trusted relationships with line of business partners and across C&IB Finance.
• Ability to actively lead a small team or work independently to plan and conduct non-routine financial analyses or projects.

Job Description

Designs and leads preparation of timely, transparent, and succinct financial reports to enable informed decision-making by stakeholders. Collaborates with business unit leaders to produce timely and precise revenue, expense, and staffing forecasts. Develops strategic insights from data to enhance budget and forecast accuracy. Serves as a senior expert for the team. Leads annual budget cycle and continuous monthly forecasting. Leads development of long term strategic plans. Presents business leaders and executives with key financial forecasts, metric-driven performance dashboards, and strategic business insights. Performs on-demand analysis and generates custom reports to address specific business needs. Collaborates independently with the business on implementation and compliance of new accounting and regulatory standards. Facilitates audit, regulatory, and investor requests by providing timely and accurate information. May communicate directly with external constituents. Promptly identifies and addresses control matters; maintains sound control processes. May also contribute to risk review and challenge for assigned business. Demonstrates executive presence and the ability to effectively communicate directly with senior leaders and influence colleagues across all organization levels. Cultivates partnerships with colleagues across departments to ensure alignment and shared success.

Employee Mission

PNC Employees take pride in our reputation and to continue building upon that we expect our employees to be: Customer Focused - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions. Managing Risk - Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework.

Preferred Skills

Account Analysis, Accounting Research, Decision Making, Finance Strategy, Financial Accounting, Financial Reporting and Analysis, People Management, Results-Oriented Competencies Accuracy and Attention to Detail, Budgeting, Business Analytics, Decision Making and Critical Thinking, Effective Communications, Finance and Accounting, Financial Analysis, Financial And Accounting Systems, Institutional Finance, Managing Expenses And Finances

Education, Certifications & Licenses

Education Bachelors Certifications No Required Certification(s) Licenses No Required License(s) Language Assessments No Required or Preferred Language Assessments

Benefits

• Medical/prescription drug coverage (with a Health Savings Account feature)
• Dental and vision options
• Employee and spouse/child life insurance
• Short and long-term disability protection
• 401(k) with PNC match
• Pension and stock purchase plans
• Dependent care reimbursement account
• Back-up child/elder care
• Adoption, surrogacy, and doula reimbursement
• Educational assistance, including select programs fully paid
• A robust wellness program with financial incentives

Paid Time Off

• Maternity and/or parental leave
• Up to 11 paid holidays each year
• 9 occasional absence days each year, unless otherwise required by law
• Between 15 to 25 vacation days each year, depending on career level
• Years of service

Disability Accommodations Statement

If an accommodation is required to participate in the application process, please contact us via email at [e-mail]. Please include “accommodation request” in the subject line title and be sure to include your name, the job ID, and your preferred method of contact in the body of the email. Emails not related to accommodation requests will not receive responses. Applicants may also call 877-968-7762 and say "Workday" for accommodation assistance. All information provided will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations. At PNC we foster an inclusive and accessible workplace. We provide reasonable accommodations to employment applicants and qualified individuals with a disability who need an accommodation to perform the essential functions of their positions.

Equal Employment Opportunity (EEO)

PNC provides equal employment opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or other categories protected by law. This position is subject to the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA) and, for any registered role, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) and/or the Financial Industry Regulatory Authority (FINRA), which prohibit the hiring of individuals with certain criminal history.

California Residents

Refer to the California Consumer Privacy Act Privacy Notice to gain understanding of how PNC may use or disclose your personal information in our hiring practices.

About PNC

For nearly 160 years, PNC has strived to make a meaningful impact for our employees, customers, communities, and shareholders. We believe our success and positive reputation are built on open and honest dialogue, an unwavering focus on smart risk management, relationship-based customer service and community investments. Our inclusive workplace allows our employees to be heard, valued, and developed to do their best work. Being a great place to work means we are making a lasting difference for everyone we serve. Check out the top reasons to join PNC. PNC’s total rewards package includes things like time off, benefits, learning and career development, wellness programs, recognition and much more. The benefits and programs highlighted below are just a sampling of what PNC offers its employees. To learn more, visit our Total Rewards page.