EY Financial Advisory Services, Profitability & Cost Allocation Manager in Trenton, New Jersey
Financial Advisory Services, Profitability & Cost Allocation Manager
Requisition # UNI00GY2
Post Date Jan 21, 2021
EY is the only professional services firm with a separate business unit (“FSO”) that is dedicated to the financial services marketplace. Our FSO teams have been at the forefront of every event that has reshaped and redefined the financial services industry. If you have a passion for rallying together to solve the most complex challenges in the financial services industry, come join our dynamic FSO team!
The FSO Consulting Finance team is looking for a Manager with a strong delivery track record across cost allocations and profitability management within Banking and Capital Markets, Wealth and Asset Management, and Insurance. We are looking for an experienced individual who is highly motivated, professional and passionate about what they do, and who will further add to the continued success of our team.
Your key responsibilities
As a Manager within our FSO Consulting Finance team, you will specialize in working closely with clients across Financial Services, and manage day-to-day engagement teams, to provide valuable insight and advice to support clients in their cost and profitability transformation journeys.
Specific responsibilities include, but are not limited to:
Showcasing ability to understanding business dynamics, gathering requirements and facilitating technological enablement of our clients’ vision across the following use cases:
P&L reporting at line of business, product and customer level
Managing delivery of client projects by leading a specific workstream as part of a broader team, assessing engagement risks, driving conclusions, and reviewing the output produced by the team
Supporting business development activities, including managing proposal responses and pursuit teams and developing high-quality proposals
Supporting practice development activities, including thought leadership materials specific to the use cases listed above, and demonstrating great depth of knowledge by contributing to EY Point of Views, EY assets and enablers
Actively training, coaching, and mentoring junior resources on profitability and cost allocation/management use cases, from both a conceptual and technical standpoint (through on-the-job training and through career counseling conversations)
Developing strong external networks by fostering existing client relationships, managing EY accounts and bringing the full offering of EY to clients
Keeping up-to-date on industry dynamics and hot topics to provide clients with industry-leading insights and market trends
To qualify for the role, you must have:
Experience of working in a consulting role in Financial Services (Banking and Capital Markets, Wealth and Asset Management, or Insurance), or a transformation role in industry, focusing on:
Line of business, product and/or customer P&L reporting
Cost and profiability management systems
IT costing and/or total cost of ownership
Advanced cost and profitability analytics
Experience in managing delivery teams on Finance change programs in Financial Services and demonstrable experience from:
hands-on consulting experience at a Big 4, or top tier consulting firm within Financial Services, or
managing/supporting change programs at a Financial Services organization
Have technical knowledge of:
Cost and profitability management systems
IT costing and/or total cost of ownership
Experience in managing projects and leading delivery teams
Experience in communicating with, influencing and generating agreement across senior and mid-level Finance team members
Have a four-year degree in business, finance, accounting, engineering, or a related field; MBA or masters degree preferred
Skills for success
Knowledge and strong understanding of Finance function operations, and the key issues and challenges currently facing CFOs in the financial services sector
Confident and comfortable with uncertainty and ambiguity in a project environment
Demonstrate strong leadership expertise across engagement and practice teams
Excellent communication, presentation and negotiation skills
Able to apply logic and problem solving to complex Finance business problems
Instill a positive team mentality, even when under pressure, by treating their colleagues well and creating an inclusive culture
As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. So that whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.
Join us in building a better working world. Apply now.
EY provides equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, national origin, protected veteran status, disability status, or any other legally protected basis, in accordance with applicable law.