CIT Group Inc.

VP, FP&A Reporting

US-NJ-Livingston
Job ID
29939
# Positions
1
Job Family
Finance - Fin Planning and Analysis
Type
Full-Time

Overview

Founded in 1908, CIT (NYSE: CIT) is a financial holding company with more than $65 billion in assets. Its principal bank subsidiary, CIT Bank, N.A., (Member FDIC, Equal Housing Lender) has more than $30 billion of deposits and more than $40 billion of assets. It provides financing, leasing and advisory services principally to middle market companies across a wide variety of industries primarily in North America, and equipment financing and leasing solutions to the transportation sector. It also offers products and services to consumers through its Internet bank franchise and a network of retail branches in Southern California, operating as OneWest Bank, a division of CIT Bank, N.A.

Responsibilities

The successful candidate will work in the Corporate Financial Planning & Analysis group. The role will be focused on reporting and analyzing the business and financial performance of the CIT Business Segments and Consolidated Results of Operations and work directly with the business segment and corporate FP&A teams to coordinate the production of internal and external reporting requirements.  The individual will analyze various aspects of the P&L and Balance Sheet with a focus on the key business metrics.

 

Key Responsibilities:

 

  • Identify profitability drivers that explain business performance and financial condition
  • Prepare commentary against results of operations
  • Prepare and review monthly, quarterly and ad hoc reports and analytics for both actuals and forecasts 
  • Exposure to and support of the FP&A Managing Director, CFO, and Executive Management Committee (EMC) 
  • Frequent interactions with Investor Relations and participation in quarterly Earnings preparation and support of investor communications
  • Provide input and decision-making recommendations for improving proceeses and report production
  • Lead projects and analytics for a wide range of business initiatives, including business, financial and process improvements 
  • Identify and implement planning and analytics best practices, including development of key performance indicators
  • Excellent communication and leadership skills to effectively interact with cross functional teams and senior management
  • Sound technical accounting/finance skills and knowledgeable and innovative in identifying opportunities within the business
  • Proficient Excel modeling capabilities and be capable in Hyperion Essbase. 
  • Strong data governance a must

Qualifications

  • Bachelor’s degree in Accounting or Finance is required
  • CPA or MBA is preferred
  • 5+ years of financial services experience
  • Demonstrated ability to meet deadlines 
  • Strong leadership and collaboration skills
  • Independent critical thinking with well-developed analytical abilities
  • Excellent communication skills 
  • Ability to work in a fast paced, high volume, team oriented environment
  • Leasing knowledge is a plus
  • Hyperion Essbase proficiency is required
  • Proficiency with Microsoft Office products, particularly Excel and PowerPoint

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