Corporate Vice President, Finance & Reporting

Date: Jun 25, 2019

Location: New York, NY, US

Company: New York Life Insurance Co

 

A career at New York Life offers many opportunities. To be part of a growing and successful business. To reach your full potential, whatever your specialty. Above all, to make a difference in the world by helping people achieve financial security. It’s a career journey you can be proud of, and you’ll find plenty of support along the way. Our development programs range from skill-building to management training, and we value our diverse and inclusive workplace where all voices can be heard. Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and service, supported by our Foundation. It all adds up to a rewarding career at a company where doing right by our customers is part of who we are, as a mutual company without outside shareholders. We invite you to bring your talents to New York Life, so we can continue to help families and businesses “Be Good At Life.” To learn more, please visit LinkedIn, our Newsroom and the Careers page of www.NewYorkLife.com.

 

This position reports to the Head of Strategy & Operations for Operational Risk Management. This role is

responsible for driving and coordinating processes for the reporting of financial results and budgets within

Operational Risk Management. This role will also act as the primary liaison between Operational Risk

Management and Corporate Finance teams on various deliverables.

 

Major Responsibilities:

  • Develop a strong understanding of the Operational Risk Management team, their financial and budgeting needs, and contribute to continual enhancement of analytical framework to support business decision making and measurement of strategic goals.
  • Align the department around priorities, sequencing of strategic initiatives, budgets, resource capacity and utilization, implementation of strategic resource plans, and financial management.
  • Provide effective challenge to departmental leads as they develop their financial plans and forecasts to ensure accurate forecasts are continually shared with management.
  • Develop and present meaningful financial schedules to illustrate trends and explain the financial story to senior management.
  • Lead the annual budget process – manage timeline for submissions, drive the department to consensus around budget requirements, and present budget to senior management.
  • Manage financial data across the organization; partnering with the management team in Operational Risk Management to produce timely, accurate and insightful financial packages and dashboards.
  • Create project-level budget analysis and reporting
  • Drive continuous process improvement to reporting & analytical framework capabilities across business teams, including review of current processes, systems, and models
  • Incorporate expense management disciplines and establish a strong set of controls and responsibilities.
  • Identify cost savings opportunities.
  • Administer invoicing and resource request processes.
  • Provide oversight of ORM procurement activity – understanding our procurement needs, partnering with managers and Procurement in obtaining budget, process, and approvals.
  • Handle special projects and ad-hoc financial requests, including strategic metric reporting, Board presentations and expenses analysis from business partners and Corporate Finance.
     
    Qualifications:
  • 8+ years of financial management experience.
  • Strong sense of ownership and ability to manage projects independently.
  • Ability to multi-task with shifting priorities, with a high degree of urgency under tight deadlines.
  • Strong business partnering skills with the ability to build relationships and collaborate with teams across the organization.
  • Strong Excel and PowerPoint skills; able to take large datasets and analyze/summarize for consumption by business and finance leadership.
  • Experience presenting financial results to management.
  • Strong and effective communication skills, both written and verbal; ability to convey technical and financial concepts to non-technical audience.
  • Strong Finance Technology skills, including the ability understand and drive sourcing information from various financial platforms.
  • Bachelor’s degree in Finance, Accounting, Economics; Masters or equivalent professional designation (ie CFA, CPA) is preferred.
     #LI-MD1

EOE M/F/D/V

 

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