Vice President- IT Financial Planning & Analysis

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

Candidates should take the time to read all the elements of this job advert carefully Please make your application promptly.

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. xhyhwjd

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

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