Job Description:
Role Summary/Purpose:
This VP, Platform Forecasting - Promo role is responsible for preparing and coordinating short range and long-range forecasts for the Promotional and Installment portfolios within each platform. This entails participating in and coordinating with the Platforms and FP&A in the development of driver and revenue forecasts for pacing, Monthly Rolling Forecasts and Op plan; reviewing and challenging forecast results; and maintaining and improving the overall planning governance process. The role works closely with Synchrony's Platform finance managers and FP&A teams.
Our Way of Working
We're proud to offer you choice and flexibility. At Synchrony, our way of working allows you to have the option to work from home, near one of our Hubs or come into one of our offices. Occasionally you may be required to commute to our nearest office for in person engagement activities such as business or team meetings, training and culture events.
Essential Responsibilities:
Partner with platform finance teams to create, analyze and obtain senior management approval for Promotional and Installment portfolios' primary drivers, supplemental drivers, and revenue for both short and long-range forecasts.
Create reporting for financial forecasts including challenge reviews with senior management
Lead and manage a team of 3-4 financial forecasting professionals. Provide mentorship and development to grow the team professionally.
Create, improve and maintain analytics to challenge and support accuracy of financial forecasts.
Own Client Model (Tier 1 Model) and manage all aspects of model ownership (back-testing, correspondence with model governance, etc.)
Maintain client promo sensitivity tool-allowing platform teams the ability to run P&L sensitivities at the individual promo client level
Lead governance over the Promotional Portfolios' forecasting and planning processes, maintain related tools and EUC's, including maintaining required model documentation and monitoring of model performance.
Implement financial modeling improvements and other planning tools used in forecasting to enhance process efficiency, support new initiatives and to accurately capture the changing business economics and structure.
Create and maintain a financial forecasting framework for the Synchrony Installment business, including legacy secured installment and SYF SetPay with integration of Allegro and Ally businesses.
Perform other duties and/or special projects as assigned
Qualifications/Requirements:
Bachelor's degree in Finance or Accounting or related field or in lieu of degree, 11 years equivalent experience.
Minimum 7 years of progressive experience in FP&A (financial planning & analysis) or similar role
Minimum of 4 years of financial modeling experience.
Desired Characteristics:
Master's degree, Certified Public Accountant (CPA), CFA or equivalent certification.
Experience in financial planning & analysis (FP&A)
Demonstrated oral and written communication skills and ability to work cross functionally.
Proficient use of financial systems and analysis tools including Microsoft Office (e.g. Excel, Word, PowerPoint) and Hyperion.
Prior people management experience
Strong leadership skills and ability to develop and grow talent
Demonstrated ability to manage multiple priorities and work to tight deadlines.
Financial services industry experience.
Grade/Level: 13
The salary range for this position is 130,000.00 - 210,000.00 USD Annual and is eligible for an annual bonus based on individual and company performance.
Actual compensation offered within the posted salary range will be based upon work experience, skill level or knowledge.
Salaries are adjusted according to market in CA, NY Metro and Seattle.
Eligibility Requirements:
You must be 18 years or older
You must have a high school diploma or equivalent
You must be willing to take a drug test, submit to a background investigation and submit fingerprints as part of the onboarding process
You must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act.
New hires (Level 4-7) must have 9 months of continuous service with the company before they are eligible to post on other roles. Once this new hire time in position requirement is met, the associate will have a minimum 6 months' time in position before they can post for future non-exempt roles. Employees, level 8 or greater, must have at least 18 months' time in position before they can post. All internal employees must consistently meet performance expectations and have approval from your manager to post (or the approval of your manager and HR if you don't meet the time in position or performance expectations).
Legal authorization to work in the U.S. is required. We will not sponsor individuals for employment visas, now or in the future, for this job opening. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
Our Commitment:
When you join us, you'll be part of a diverse, inclusive culture where your skills, experience, and voice are not only heard-but valued. We celebrate the differences in all of us and believe that our individual, unique perspectives is what makes Synchrony truly a great place to work. Together, we're building a future where we can all belong, connect and turn ideals into action. Through the power of our 8 Diversity Networks+ (https://www.synchronycareers.com/our-culture/#diversity) , with more than 60% of our workforce engaged, you'll find community to connect with an opportunity to go beyond your passions.
This starts when you choose to apply for a role at Synchrony. We ensure all qualified applicants will receive consideration for employment without regard to age, race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or veteran status.
Reasonable Accommodation Notice:
Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable accommodation to apply for a job or to perform your job. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment.
If you need special accommodations, please call our Career Support Line so that we can discuss your specific situation. We can be reached at 1-866-301-5627. Representatives are available from 8am - 5pm Monday to Friday, Central Standard Time
Job Family Group:
Finance
