FP&A Associate - Banking Industry

Position Title

FP&A Associate - Banking Industry

Location

New York, NY 10018

Job Summary

The Financial Planning & Analysis Associate supports Flagstar’s Financial Planning and Analysis department and works closely with Business Unit CFOs and the Production team regarding strategic direction across business units and the consolidated firm. This person plays an active role in guiding the business and is accountable for building and continually improving internally crafted driver-based forecasting, revenue, and expense models to provide deeper insight into efficiency, costs, profitability and accountability to support strategic and tactical decision making in each line of business (LOB).

$65,031.75-$107,818.00

Pay Range: Local Minimum Wage - $0.00 - $0.00

Job Responsibilities:

JOB RESPONSIBILITIES  

• Prepare regular forecast updates liaising between corporate and business forecast process needs. 

• Analyze financial information to understand key themes that are prevalent in the business. 

• Collaborate with business and corporate finance team on forward-looking forecasts, business assumptions, and financial report production. 

• Collaborate to drive change in FP&A function and strengthen current production processes. 

• Collaborate with business leadership and IT to drive strategic vision and develop budget and monthly forecasts for LOB(s).   

 

 

ADDITIONAL ACCOUNTABILITIES 

• Performs special projects, and additional duties and responsibilities as required. 

• Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings.  Accountable to maintain compliance with applicable federal, state and local laws and regulations.  

 

Required Qualifications: 

• Education level required: ​Undergraduate Degree (4 years or equivalent)​ in Finance, Accounting, or related. 

• Minimum experience required: ​5+ Years​ in FP&A, Capital Markets Finance, or Model Development roles.  

 

Preferred Qualifications: 

• Education level preferred: ​Master's Degree (or Postgraduate equivalent)​ in Finance, Accounting, or related. 

• Experience using Hyperion. 

 

Job Competencies: 

• Excellent understanding of accounting principles. 

• Extensive experience with planning and budgeting processes. 

• Dynamic team player