Expense Allocation Director

Job DetailExperience Level DirectorDegree Type Bachelor of Science (BS)Employment Full TimeWorking Type HybridJob Reference 0000022097Salary Type AnnuallyIndustry Banking;Rating AgencySelling Points Lead impactful financial allocation processes in a dynamic, global environment. Collaborate with cross-functional teams to enhance methodologies and drive innovation. Enjoy a hybrid work model with growth opportunities.Job DescriptionExpense Allocation Director OverviewThe Expense Allocation Director leads global allocation accounting processes, ensuring accurate financial reporting and controls within a dynamic, multi-currency environment.Collaborate with cross-functional teams to enhance allocation methodologies and drive process improvements across finance systems.Oversee allocation model governance, ensuring transparency, scalability, and compliance with statutory requirements.Work within a hybrid environment, balancing in-office collaboration with remote flexibility for optimal work-life balance.Join an international corporation offering stability, growth, and opportunities for professional development.Contribute to a culture of learning with access to leadership development and mentorship programs.Engage in innovative practices, leveraging AI tools to streamline workflows and enhance decision-making.Support organizational objectives by ensuring allocation outputs align with management reporting and statutory accounting.Expense Allocation Director Key Responsibilities & DutiesLead the review and redesign of allocation methodologies, ensuring accuracy and scalability across finance systems.Maintain allocation models, including documentation, reconciliation, and governance frameworks for periodic reviews.Collaborate with FP&A, Tax, Treasury, and Operations teams to align allocation outcomes with organizational objectives.Oversee monthly execution of allocation processes, strengthening controls and delivering transparent reporting.Support financial cycles, including budgeting, forecasting, and quarterly reporting, ensuring compliance with standards.Implement change-management and testing standards for allocation model and system updates.Present allocation results and financial outcomes to senior leadership, providing actionable insights.Coordinate decisions across regional controllers, auditors, and senior management to ensure alignment.Expense Allocation Director Job RequirementsBachelor’s degree in Accounting, Finance, Economics, or related field required.Minimum 7 years of experience in finance/accounting, with 10 years preferred.Proven expertise in allocation models within global, multi-entity, multi-currency environments.Experience with Oracle EPCM, Oracle Fusion Cloud EPM, SQL, or Python preferred.Strong understanding of intercompany reporting, statutory accounting, and allocation treatments.Demonstrated leadership and stakeholder management skills, with excellent communication abilities.Experience supporting SOX controls and managing complex audits.Ability to operate effectively in a hybrid work environment, balancing in-office and remote collaboration.