Financial Allocations Manager

Responsibilities include but are not limited to: * Develop and implement allocation methodologies, models, and frameworks to guide allocation decisions.

* Establish allocation criteria, cost drivers, and allocation bases to allocate costs in a transparent and consistent manner.

* Monitor cost allocation performance against established criteria, budgetary targets, and financial plans.

* Collaborate with department heads, project managers, and finance teams to assess cost allocation needs, priorities, and challenges.

* Facilitate communication and coordination among departments to ensure alignment of cost allocation decisions with organizational objectives.

* Generate reports, analyze allocation data, and provide insights to senior management on cost trends, variances, and areas for improvement.

* Continuously review and enhance cost allocation processes, methodologies, and systems to adapt to changing business needs and industry best practices.

* Solicit feedback from stakeholders, conduct post-implementation reviews, and incorporate lessons learned into future allocation practices.

* Document and socialize allocation methods and drivers.

* Assists management with ad-hoc reporting and requests from the line of business.

Required Skills: * Expertise in Excel and overall MS Office suite and a working knowledge of relevant software applications, VBA and Power BI a plus.

* Solid understanding of accounting principles.

* Ability to reason and make sound decisions.

* Ability to work well under pressure in a fast-paced environment.

* Strong verbal and written communication skills.

* Strong organizational skills and ability to multi-task.

* Proven ability to develop and maintain business relationships across the bank.

Required Experience: * Bachelor's degree in business, Finance, Accounting, or other related field.

* Minimum of 7 years with experience in Management Reporting and Allocations.

Preferred Experience: * Master's Degree, Financial Services or Banking experience.

Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled

Full-time