Vice President, Financial Planning & Analysis I

4 days left

The Bank of New York Mellon
Apr 03, 2024
Apr 16, 2024
Work Mode
Full Time
Organization Type
BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the "bank of banks" - 97% of the world's top banks work with us as we lead and serve our customers into the new era of digital.

With over 238 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we're approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what #LifeAtBNYMellon is all about.

We're seeking a future team member for the role of Vice President, Financial Planning & Analysis to join our Global Operations & Technology team. This role is located in Chennai, TN - HYBRID.

In this role, you'll make an impact in the following ways:
  • Provides business and financial analysis and reporting support for Finance management and business leaders with minimal support
  • S/he is expected to have good understanding of the Indirect cost, various overhead costs and cost drivers in the P&L
  • S/he is expected to understand and execute the methodology of cost allocation by working closely with various Service Provider(s)/Business partner(s)
  • S/he plays an integral role in the allocations process, ensuring that it is smooth and meets the needs of the client services team
  • S/he will be a subject matter expert in our allocation system (Apptio) and Legal Entity Allocations
  • Exposure to Legal Entity accounting will be an added advantage
  • The encumberment will need to contribute to or perform analysis of financial transactions, Budgeting, Forecasting, Financial Reporting for cost allocations
  • S/he understands the concepts of Asset under Construction, Amortization, CAPEX & OPEX
  • Provide decision support to management through routine reports and ad-hoc analysis
  • S/he in this role will work independently to accomplish his/her own assigned workload and collaboratively with other members of his/ her Finance or cross functional team in compliance with the approved process standards at the agreed service levels committed to in the Mutual Service Agreements

To be successful in this role, we're seeking the following:
  • 10 - 12 years of experience in accounting or finance. At least 7 years of experience in budgeting, planning, forecasting, financial analysis, minimum 3+ years of experience in cost/revenue allocations
  • Strong written and oral communications skills in English is required. Bachelor/Masters Degree in a financial discipline such as accounting, finance, statistics, or economics; or local country equivalent is required. MBA; or local country equivalent is preferred
  • Professional qualification like CA, CWA or equivalent certification issued by local area Licensing body would be an added advantage.
  • Apptio experience or experience with other allocation systems preferred

At BNY Mellon, our inclusive culture speaks for itself. Here's a few of our awards:
  • Fortune World's Most Admired Companies & Top 20 for Diversity and Inclusion
  • Bloomberg's Gender Equality Index (GEI)
  • Human Rights Campaign Foundation, 100% score Corporate Equality Index
  • Best Places to Work for Disability Inclusion, Disability: IN - 100% score
  • 100 Best Workplaces for Innovators, Fast Company
  • CDP's Climate Change 'A List'

Our Benefits:

BNY Mellon offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves that can support you and your family through moments that matter.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans.

Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.