Vice President- IT Financial Planning & Analysis

Phyton Talent Advisors; New York (NY); Hybrid; USD 150.000 - 180.000; Vollzeit

Benefits dieser Stelle

Hybrid work schedule

Bonus potential

Competitive benefits

Zusammenfassung

Phyton Talent Advisors is seeking a VP in FP&A focused on IT expense management, cost allocation, and financial reporting. The role is hybrid, with 2–3 days in the Midtown Manhattan office, and involves partnering with IT leaders to drive cost transparency and budget accuracy.

Responsibilities include overseeing intercompany cost-sharing, refining allocation models, and delivering recurring IT spend reporting.

Qualifikationen

• IT FP&A experience in financial services is required.
• Strong analytics and ability to influence budgeting and reporting processes.

Aufgaben

• Support FP&A for IT leadership with expense management and cost transparency.
• Enhance budgeting, forecasting, and reporting processes for accuracy and efficiency.
• Oversee intercompany cost-sharing and internal service agreements.
• Analyze allocation methods and financial models to validate accuracy and impacts on budgets.
• Coordinate intercompany transactions and reconcile allocated expenses in systems.
• Develop recurring and ad hoc IT spending reports for visibility and control.
• Refine chargeback methodologies to improve data integrity and alignment with plans.
• Partner with IT service owners to set performance standards and regulatory alignment.
• Monitor service levels and remediation of allocation or compliance issues.
• Maintain service agreements documentation and timely updates.

Kenntnisse

IT FP&A

Expense management

Cost allocation

Financial reporting

Jobbeschreibung

Prominent international investment bank seeks a VP in their FP&A department to focus on expense management and cost allocation around information technology.

This is a hybrid role, 2 or 3 days per week in office in midtown Manhattan

This is a newly created position due to organizational growth.

Responsibilities include:

• Support corporate financial planning and analysis activities for IT leadership, with a focus on expense management, cost transparency, and financial reporting.
• Contribute to the enhancement of budgeting, forecasting, and financial reporting processes to improve planning accuracy and operational efficiency.
• Oversee the administration of internal service agreements and intercompany cost-sharing arrangements, ensuring accurate allocation of expenses across business entities.
• Analyze cost distribution methodologies and financial models to validate allocation accuracy, maintain agreement documentation, and assess impacts on budgets and financial operations.
• Coordinate intercompany financial transactions and reconcile allocated expenses within internal financial systems to support accurate reporting and compliance.
• Develop and maintain recurring and ad hoc reporting solutions that provide visibility into IT spending, resource consumption, and internal cost recoveries.
• Refine chargeback methodologies and allocation models to improve data integrity, support automation, and strengthen alignment between financial plans, resource utilization, and forecasts.
• Partner with IT service owners and cross-functional stakeholders to establish service expectations, document performance standards, and ensure alignment with corporate policies and applicable regulatory requirements.
• Monitor service-level performance against established targets, identify gaps, and support remediation efforts to address operational and compliance-related issues.
• Facilitate the review and ongoing maintenance of service agreements, ensuring accurate documentation, timely updates, and effective resolution of allocation or service-related discrepancies.
• Support the development of financial reporting requirements and process improvements across the IT organization.
• Assist with operational coordination, system configuration, time reporting, and other activities that support the team's financial management objectives.

Qualified candidates must have IT specific FP&A experience in the financial services space.

Salary 150k-180k base plus bonus and great benefits