The Line of Business Chief Financial Officer II (LOB CFO II) manages either one large business with multiple market segments/products or a group of businesses or shared service functions. He/she directly and through his/her line of business Finance team, including one or more line of business (LOB) CFOs, is the key Finance business partner role, responsible for supporting one or more members of senior management committees; with management reporting, business analysis, decision support, and guidance to support target setting, performance management, improved growth and profitability and delivery to projected returns for his/her respective Sector. This is accomplished through the Inform to Manage (I2M) processes of strategic and financial planning, forecasting, measurement, review and analysis, which includes new business and revenue dynamics, cost drivers, customer/product reporting and segmentation, channel profitability, key business measures, monitoring the financial impact of business initiatives, and other Finance Trusted Advisor services to the Sector.
This position is also responsible to provide governance, oversight, and guidance for certain financial accounting, regulatory and management reporting functions where appropriate within Finance Regional and Global shared services, which support the sector as a member of relevant committee(s). This span of control will always have an international (Americas, EMEA, and Asia Pacific.) component, significantly affecting the complexity of assignment. The individual in the role will work closely with the Line of Business CFO(s), International CFO, the LOB Delivery Lead, and Regional Controllers to assure the completeness and accuracy of the Financial Statements. In addition to being supported by his/her LOB team, the LOB CFO II will be supported by a LOB Delivery Lead in a Management Reporting Center of Excellence to manage the LOB demand for decision support services, and the Service Management Global Process Owner and the General Managers of Global and Regional Finance Shared Services to agree support from the shared service organizations. This oversight may include maintenance of internal controls, statutory and regulatory requirements associated with BNY Mellon's policies, GAAP, and Sarbanes-Oxley.
Bachelor s Degree, preferably in accounting or finance; or local country equivalent. MBA or local country equivalent preferred.
Qualifications Minimum Experience: 15+ years progressive accounting and financial analysis experience with at least 11 years of management experience, 5 of those at the senior management level. In-depth broad-based knowledge of advanced financial management concepts and managerial accounting and reporting concepts and processes. Highly-specialized knowledge of and experience in business-specific requirements of the Sector supported. Excellent communication (verbal, written), presentation, and consultative skills. Strong business and strategic perspective/focus are essential. Preferred Experience: Chief Financial Officer or senior finance management for a large financial services institution. Minimum Language Skills: Strong written and oral communications skills in English. Other: Certified Public Accountant (CPA), or Chartered Accountant (CA), or equivalent certification issued by local area Professional Licensing body.
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.
Primary Location: United States-Massachusetts-Boston
Internal Jobcode: 32226
Requisition Number: 1904702