Sr Director, Strategic Finance
Company: Synovus Financial Corp.
Posted on: May 16, 2020
Leads and directs the work of a team of individuals across multiple
financial disciplines or lines of business. Oversees the reporting,
analysis, planning, pricing, and profitably for multiple business
segments or support functions within the company. Provides
financial consultation on key strategic priorities to members of
executive management, line of business management and Finance
Job Duties and Responsibilities:
Acts as the primary contact between executive management and other
members of Finance to include forecasting and analytics, pricing
governance, and performance management. Identifies net income
opportunities to increase shareholder value. Communicates complex
financial issues in a clear and concise manner to executive
management and internal and external auditors, and regulators.
Participates in the development and formulation of complex analyses
that forecast the cost effectiveness of new products and policy
changes that affect the financial condition of the Bank.
Summarizes large amounts of financial data into a concise story
around key drivers of financial performance and presents to key
executives within the line of business on a monthly basis. Works
with key line of business leaders and the performance management
group within Finance to assess the profitability of new products,
segments, campaigns, and other initiatives through a detailed cost
analysis process. Provides support for pricing of loans, deposits,
and other fee income products within the line of business. Consults
with the line of business on alignment of incentive compensation
with corporate strategies.
Works with executive management in preparation of the quarterly
rolling forecast and annual budget for respective lines of
business. Works with the forecasting and analytics group to ensure
an adequate level of input required to properly forecast the
financial performance of the line of business, sub segment, or cost
center including input of all assumptions, and summarization for
review with executive management prior to finalization.
Directs and oversees the management reporting function for lines of
business. Ensures all information necessary to communicate the
financial performance of the line of business and sub-segments are
represented within the performance management process including all
financial information, scorecards, dashboards and any other reports
used by the line of business.
Works with line of business executives and strategy office to
create financial pro formas for potential business cases prior to
review in the Resource Allocation Committee (RAC). Consults with
key management within the line of business to determine appropriate
assumptions and drivers of financial performance within the pro
forma analysis. Ensures key inputs are reviewed and approved by
executive management of the line of business prior to review by
members of RAC.
Provides leadership, direction and growth opportunities to members
of the department, performing those responsibilities in accordance
with the Company's policies and applicable laws. Responsible for
interviewing, hiring, planning, assigning or directing work,
appraising performance, disciplining team members and resolving
problems. Works with the Human Resources Department to resolve more
complex team member-related issues.
Each team member is expected to be aware of risk within their
functional area. This includes observing all policies, procedures,
laws, regulations and risk limits specific to their role.
Additionally, they should raise and report known or suspected
violations to the appropriate Company authority in a timely
Performs other related duties as required.
The information on this description has been designed to indicate
the general nature and level of work performed by employees within
this classification. It is not designed to contain or be
interpreted as a comprehensive inventory of all duties,
responsibilities, and qualifications required of employees assigned
to this job.
Synovus is an Equal Opportunity Employer supporting diversity in
Minimum Education: Bachelor's degree in Accounting, Finance or
related business discipline OR an equivalent combination of
education and experience.
Minimum Experience: Fifteen years of accounting and financial
analysis experience, including five years in a management role.
Required Knowledge, Skills, & Abilities:
Strong analytical and technical skills with proficiency using
enterprise planning systems, Excel, G/L, A/P, Fixed Assets.
Working knowledge of relational database architecture and cube
Expertise in a variety of banking concepts, practices and
procedures, such as funds transfer pricing, allocation
methodologies, RAROC, and economic profit
Strong skill set translating complex business requirements into
solutions that meet customer needs.
Skill communicating with executive management to understand
requirements and set priorities.
Excellent organizational and team management skills.
Skill leading, motivating and directing a team toward common goals
while meeting all deadlines.
Strong written and verbal communications skills, including an
ability to influence people to move toward collective
Skill in effectively communicating financial results, both verbally
and through reports, and presentations to leadership.
Skill managing multiple projects concurrently and delegating while
maintaining involvement in projects to meet deadlines.
Strong critical thinking skills, including the ability to identify
trends within raw data.
Preferred Knowledge, Skills, & Abilities:
MBA or relevant post-graduate degree
Keywords: Synovus Financial Corp., Columbus , Sr Director, Strategic Finance, Accounting, Auditing , Columbus, Georgia
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