Why this role is important to us
The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for.
What you will be responsible for
As a CFO for the GTS organization you will:
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- Partner with Global Technology Services leaders across the globe, including: Coordinate and oversee the forecast and budgeting processes, financial reporting and business planning and support headcount planning activities
Key Responsibilities:
- Lead discussions with the Global Technology Services leads and their leadership teams to help understand financials, optimize expenses, and achieve targets
- Manage and deliver value-added financial activities including planning, budgeting, analytics, financial metrics, deferrals and expense reporting / management
- Budget and forecasts: Own aspects of the budget/forecast process for Global Technology Services; Build budget/forecasts and help the functions to make decisions and plan in the face of complex issues; Coordinate with finance, functional partners, and insight centers on all aspects of process including detailed headcount projections, compensation details, and specifics for other line items; Challenge the function on projections to help ensure optimization; Act as an independent set of eyes on proposed projections
- Prepare the story, draft commentary, create slides for presentations that are presented at a wide range of meetings, including key committees, staff meetings, quarterly business reviews, etc. Requires an ability to draw out the most salient points from large amounts of information
- Lead special projects to provide better transparency to management. Drive projects to ensure completion, working around roadblocks, and motivating team members to achieve end goal
- Ad hoc analysis and business case creation, such as impact on financials of certain strategic actions
- Maintain relationships with a number of constituents including Accounting, FP&A teams, functional leads, and others; Ensure communication with other teams is transparent and consistent
Managerial
- Maintain a detailed understanding of: The scope of the role's managerial responsibilities. The competence of the staff reporting to you
- Ensure that Finance staff have a clear understanding of their reporting lines, authority levels, scope of responsibilities (including those delegated to them and those they delegate), objectives, training and competency requirements
- Develop effective working relationships and communications with staff and ensure that staff are motivated, developed and supported
- Establish and monitor an effective oversight framework to ensure that issues are appropriately identified, escalated and resolved. This includes: a) ensuring that appropriate management information is received, considered and challenged as appropriate at intervals proportionate to the risks; and b) that staff members have clear understanding of the escalation path/principles
- Establish and nurture a culture of 'Risk Excellence' within the team, encourage an environment of openness that welcomes effective challenge and supports open discussion
- Ensure that you make reasonable decisions by exercising reasonable care when considering information available to you. This includes taking proactive action to ensure that the information you have is suitable and adequate
- Establish and nurture a culture of individual ownership of tasks to embed a clear individual sense of accountability into staff members' behavior in performing their roles
- Ensure that the highest level of the Code of Conduct is displayed in your own and staff behavior
What we value
These skills will help you succeed in this role
- Ability to consultatively advise the senior finance and business executives
- Strong execution, collaboration and strategic skills
- Champion of employee development and engagement with ability to develop and train next generation talent
- Proven and successful track record of implementing key financial and business priorities
Education & Preferred Qualifications
- Broad Finance & Accounting & Strategy leadership experience with 8+ years of experience.
- Forward thinking, innovative leader who has experience working in a finance and accounting organization
- Financial Services experience preferred
- Experience with management of geographically disperse Finance teams
- Extensive experience overseeing the business planning and budgeting process
- Has overseen the management reporting process
- Financial Planning & Analytics experience
Are you the right candidate? Yes!
We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don't necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.
About State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees' diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.
Discover more at StateStreet.com/careers
Salary Range:
$100,000 - $167,500 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.