FP&A Sr Financial Analyst II

Truist; Charlotte (NC); On-site; USD 60,000 - 90,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Life insurance

Disability insurance

401(k) plan

Vacation days

Sick days

Paid holidays

Job summary

Truist is seeking a Finance Analyst to provide financial analysis and performance reporting to support profit planning and forecasting across the organization. You will review submissions from LOBs, consolidate data for Executive Leadership, and perform ad-hoc analyses using Truist tools to drive improvements.

The role requires 2–4 years in financial analysis or budgeting, strong Excel skills, and excellent communication.

Qualifications

• Bachelor's degree in Business or Finance, or equivalent education and related training.
• Two to four years of experience in financial analysis or budgeting/forecasting.
• Ability to model and analyze Truist income statement and balance sheet accounts, lines of business, and executive roll-ups.
• Vision and drive to evaluate processes for efficiency and continuous improvement.
• Ability to be flexible and adaptive in a fast-paced and dynamic work environment.
• Strong interpersonal and communication skills (verbal and written).

Responsibilities

• Provide financial analysis and performance reporting to support strategic execution of Truist's profit planning and forecasting.
• 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 using Truist tools as requested by Management Reporting.
• Maintain and update controls and documentation for key processes and reports.
• Collaborate with FP&A and LOBs to develop accurate profit plans and understand drivers of results.
• Perform variance analysis comparing profit plan and forecast to actual results.
• Compile, review and submit monthly reporting related to financial performance and regulatory requirements.
• Support development of alternative forecasting methods via models and tools.
• Participate in training programs related to profit planning and forecasting, and cross-train in related areas.
• Communicate effectively with Truist Financial Management, lines of business, and internal departments.

Skills

Financial analysis

Forecasting

Budgeting

Communication

Microsoft Excel

Stakeholder management

Education

Bachelor's degree in Business or Finance

Master's degree (preferred)

Tools

Microsoft Office

SAP

Hyperion

Job description

Regular

Language Fluency: English (Required)

Work Shift: 1st shift (United States of America)

Job Profile Summary

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.

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

• Support the Corporation's profit planning or forecasting process.
• Key responsibilities related to the profit plan or forecast include:
• 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.

Required Qualifications

• 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

Preferred Qualifications

• 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

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation

All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax‑preferred savings accounts, and a 401(k) plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full‑time or part‑time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non‑temporary position for which you apply, based on full‑time or part‑time status, position, and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.

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