Location Designation: [[cust_rolelocationdesignation]]
Our New York Life culture has laid the foundation for over 175 years of commitment to our employees, agents, policy owners, and the communities where we live and work. Here you become a valued part of a welcoming, inclusive, and caring organization with a long-standing legacy in stability and growth. The strength revolves around our diversified, multi-dimensional business portfolio that goes beyond life insurance.
As a Fortune 100 company and industry leader, we provide an environment where you can explore your career ambitions, offering opportunities to tackle meaningful challenges and stretch your skills while balancing work and life priorities. You will be part of an inclusive team guided by our belief to always be there for each other-providing the support and flexibility to grow and reach new heights while making an impact in the lives of others.
You are our future, and we commit to investing in you accordingly.
Join Corporate Finance where expertise meets strategic impact. Partner with diverse business units, providing financial insights and guiding sound decision-making. You'll work collaboratively to ensure data accuracy, implement robust controls, and safeguard policy owner interests. Become part of a team dedicated to financial stewardship, enabling business performance, and paving the way for a secure future for generations to come.
The Technology Finance CVP will play an integral role within the finance domain responsible for planning, budgeting, forecasting and analytics of the New York Life Technology expense base, focusing on Infrastructure, Corporate and Office of the CIO departments.
The role will be required to partner with Technology, Procurement, Business and Finance leadership to drive the financial management of the technology expense base. This partnership and support include, but not limited to, strategic partnership in an FP&A role with Technology senior management, deep analytics on Labor contracts, monthly financial close, quarterly financial forecasts, monthly financial reviews, consolidation and reporting on budget and forecast variances, presentation of results and other statistical analytics. This role will interact with key stake holders of the organization and various levels of management, within the Technology, Finance, Procurement, and Business departments and the candidate must be able to articulate key financial drivers.
This position requires advanced analytical and communication skill sets to ensure requests are understood, processed and delivered within applicable time frames, and in accordance with New York Life's accounting policies and specific technical requirements. A strong ability to work independently, as well as a member of a cross-functional team is expected.
What You'll Do:
Responsible for building strategic relationships with appropriate stakeholders within Technology, Procurement, offshore support team, and extended Finance partners
Provide insight-driven analysis and be adept at "storytelling"- i.e. communicating overarching themes and trends clearly to senior technology leadership
Responsible for understanding, adjusting, and managing the forecast for the Shared Technology Value Streams/Centers of Excellence and be able to explain results to business partners and stakeholders
Understanding aligning expenses within Apptio environment against Internal Order structure as it pertains to different financial components of the Shared Technology organizations
Deliver the budget, planning, forecasting, and reporting for the Shared Technology area with the ability to interface regularly with technology managers, and key financial contacts.
Ability to develop and manage business cases and communicate them in a clear manner to technology and finance leaders
Responsible for reviewing monthly financial results with ability to investigate and understand variances, drivers, and deviations from plan and/or forecast
Develop and analyze monthly financial processes and controls for the areas they support to ensure accurate financial results
Understanding the Bill of Technology process, particularly for the areas they support with a focus on adding insights from the technology expense results to business level results
Collaborate with finance staff to identify and communicate financial variances and trends, and track risk and opportunities in the financial results and forecasts
Partner with technology teams to understand technology from a layman's point of view, with an eye towards becoming a "subject matter expert"
Proactive approach to all monthly accounting close activities with ability to provide required reporting and analytics
Partner with departmental planning leads to accurately align project costs and business unit assignments ensuring forecasts are properly reflected in systems/reports
Prepare ad hoc financial analysis, management, and metrics reports
What You'll Bring:
Bachelor's degree in Accounting or Finance, or similar; MBA preferred, but not required
Minimum of 8-10 years of relative experience in Financial Planning & Analysis with prior experience with Technology Finance preferred
Proven ability to partner with various levels of management
Knowledge utilizing Apptio (ATP/ITP), SAP, Tableau, and Business Intelligence tools a plus
Experience with expense allocations
Excellent analytical capabilities and pragmatic problem-solving skills
Track record of driving continuous improvement efforts
Experience with complex models (heavy reporting, building what if scenarios)
Advanced in Excel (pivots, macros, complex formulas, v-look-up, etc.)
Knowledge of GAAP and STAT Accounting
Ability to work independently with minimal direction to achieve desired results
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Pay Transparency
Salary Range: [[cust_salaryRangePosting]]
Overtime eligible: [[customString6]]
Discretionary bonus eligible: [[cust_merit]]
Sales bonus eligible: [[stockPackage]]
Actual base salary will be determined based on several factors but not limited to individual's experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.
Our Benefits
We provide a full package of benefits for employees - and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work.Click hereto discover more about our comprehensive benefit options or visit ourNYL Benefits Site (https://nylbenefits.com/) .
Our Commitment to Inclusion
At New York Life, fostering an inclusive workplace is fundamental to who we are and how we serve our communities. We have a longstanding commitment to creating an environment where individuals can contribute their best and succeed together. This foundation is rooted in our core values of humanity and integrity, ensuring that every employee feels valued and supported. By embracing a broad range of perspectives and experiences, we achieve greater success and fulfill our promise of providing financial security and peace of mind to families across all communities.Click here (https://www.newyorklife.com/newsroom/featured-awards) to learn more about New York Life's leadership in this space.?
Recognized as one of Fortune's World's Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation (http://www.newyorklife.com/foundation) . We're proud that due to our mutuality, we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life, please visit theCareers (https://www.newyorklife.com/about/careers/) page of www.NewYorkLife.com .
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Visit ourLinkedIn (https://www.linkedin.com/company/newyorklife/mycompany/) to see how our employees and agents are leading the industry and impacting communities.
Visit ourNewsroom (https://www.newyorklife.com/newsroom) to learn more about how our company is constantly evolving to meet our clients' and employees' needs.
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