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45 Synchrony Jobs
AVP Financial Planning & Analysis
8-10 years
Hyderabad / Secunderabad
1 vacancy
AVP Financial Planning & Analysis
Synchrony
posted 4hr ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
Job Description:
Role Title: AVP Financial Planning Analysis (L11)
COMPANY OVERVIEW:
Synchrony (NYSE: SYF) is a premier consumer financial services company delivering one of the industry s most complete digitally enabled product suites. Our experience, expertise and scale encompass a broad spectrum of industries including digital, health and wellness, retail, telecommunications, home, auto, outdoors, pet and more.
- We have recently been ranked #2 among India s Best Companies to Work for by Great Place to Work. We were among the Top 50 India s Best Workplaces in Building a Culture of Innovation by All by GPTW and Top 25 among Best Workplaces in BFSI by GPTW. We have also been recognized by AmbitionBox Employee Choice Awards among the Top 20 Mid-Sized Companies, ranked #3 among Top Rated Companies for Women, and Top-Rated Financial Services Companies.
- Synchrony celebrates ~51% women diversity, 105+ people with disabilities, and ~50 veterans and veteran family members.
- We offer Flexibility and Choice for all employees and provide best-in-class employee benefits and programs that cater to work-life integration and overall well-being.
- We provide career advancement and upskilling opportunities, focusing on Advancing Diverse Talent to take up leadership roles
ORGANIZATIONAL OVERVIEW:
Synchrony Finance Centre of Excellence team broadly supports the areas of FPA, Controllership, Treasury, Finance Analytics and Sourcing and carries out Direct ownership accountability for Planning, Pacing, R2R and P2P activities
Role Summary/Purpose:
The AVP - FPA, position is a part of the Finance Centre of Excellence organization and will be based out of Hyderabad, India. The desired employee is expected to manage and be part of a queue of Financial Planning / analytical projects and develop actionable recommendations based on findings. This individual is expected to partner with internal stakeholders to influence and drive strategy and may also need to lead a team of FPA Analysts and drive strategy to develop the team. This position is responsible for Financial Planning Analysis processes in support of the Synchrony Operations organization. Partner with Operations Senior Leaders to provide financial management and analysis to optimize efficiency and support innovation and growth initiatives. This role provides a great opportunity to continue developing analytical, organizational, and interpersonal skills, to gain cross-functional broadening experiences working across Operations and Finance teams.
Essential Responsibilities:
- Financial Reporting and Analysis - Prepare Daily Dashboards, Reports, analyze and interpret periodic financial data to functional management accurately and on a timely basis. Provide commentary and insights on performance against OP plan and prior year.
- Support and execute annual Op Plan budgeting, weekly pacing estimation, variance analysis, and quarterly monthly close responsibilities
- Partner with respective SLT staff members to drive financial decision making, monitor and forecast Opex, headcount. Provide strategic financial decision support to the functional SLT s / Staff and advocate for functional resource needs.
- Financial Planning and Forecasting - Support Annual Budgeting/Operating Planning exercise assigned by analyzing historical data in conjunction with future growth plans and desired firm metrics.
- Support Cost Productivity Team Client Profitability allocation process and methodologies.
- Analytics - Providing detailed analysis and handle projects to support decision making for business in partnership with stakeholders.
- Create models using analytical tools for various decision across the business.
- As part of the Operations Finance team, drive functional initiatives, evaluate investment decisions and influence strategy to ensure cost effective servicing, compliance, productivity profitability.
- Provide financial analysis and summaries, including identification of key drivers of the results, and areas of opportunity and risks in the respective functions.
- Partner with sourcing to review contracts, SOW s and purchase orders for compliance with company policy, legal entity requirements, and accounting distribution
- Support and maintain strong controls around project approval, spend reporting
- Provides accurate and timely information to stakeholder and continuously seeks to enhance the service provided.
- Maintains strong and trusting relationship with stakeholder. Implement internal controls and procedures to maintain accuracy in reporting.
- Teaming - Best Practice with others in the team in interpreting financial data.
- Drive process improvements by soliciting feedback and promoting simplification
- Perform other duties and/or special projects as assigned
- Manage a team of FPA Analysts
Qualifications/Requirements:
- Post Graduate/ Graduate degree in Finance or Accounting , MBA-Finance, CA, CS with 10 years equivalent experience, or in lieu of degree, 12 years equivalent experience.
- 10+ years of progressive experience working with data/analytics in the financial services, credit card and/or payments industry.
- Prior Progressive experience of Ownership of functional budget and stakeholder management
- Progressive experience leading big teams.
- Strong proficiency in Microsoft Office Suite - Excel, Word, PowerPoint, Access, Outlook
- Strong verbal communication skills with the ability to interact with staff (across all levels and functions) to develop a clear, concise message both externally and internally
- Internal applicants: Understand the criteria or mandatory skills required for the role, before applying
- Ensure that your Professional Profile is updated (fields such as Education, Prior experience, Other skills) and it is mandatory to upload your updated resume (Word or PDF format)
Desired Characteristics:
- Passionate, proactive, responsible, resourceful, detail-oriented, hard-working and willingness to learn
- Strong time management skills to be able to balance asks and needs from multiple stakeholders throughout the IT/Finance Org
- Strong analytical and process skills, experience with financial models, and experience analyzing data to provide meaningful results
- Ability to work independently and as part of a team
- Proven leadership abilities and the ability to lead/engage on cross-functional projects
- Excellent organizational, planning and prioritization skills
- Prior SYF Finance / FPA Experience
- Experience working with global teams
Eligibility Criteria:
Post Graduate/ Graduate degree in Finance or Accounting , MBA-Finance, CA, CS with 10 years equivalent experience, or in lieu of degree, 12 years equivalent experience.
Work Timings: 4pm to 12am IST
( This role qualifies for Enhanced Flexibility and Choice offered in Synchrony India and will require the incumbent to be available between 06:00 AM Eastern Time - 11:30 AM Eastern Time (timings are anchored to US Eastern hours and will adjust twice a year locally). This window is for meetings with India and US teams. The remaining hours will be flexible for the employee to choose. Exceptions may apply periodically due to business needs. Please discuss this with the hiring manager for more details
For Internal Applicants :
- Understand the criteria or mandatory skills required for the role, before applying
- Inform your manager and HRM before applying for any role on Workday
- Ensure that your professional profile is updated (fields such as education, prior experience, other skills) and it is mandatory to upload your updated resume (Word or PDF format)
- Must not be any corrective action plan (First Formal/Final Formal, PIP)
- L9+ Employees who have completed 18 months in the organization and 12 months in current role and level are only eligible.
- L09+ Employees can apply
Grade/Level: 11
Job Family Group:
Finance Employment Type: Full Time, Permanent
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Flexible timing
Monday to Friday
No travel
Day Shift
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Synchrony Financial International Services Pvt. Ltd., Regd. Office: Block 1A, Plot No 18, I-Labs Technology Center, Hi-Tech City, Madhapur
Hyderabad
Telangana 500081
Telangana 500081
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