Job Description

At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better. Join us and build an exceptional experience for yourself, and a better working world for all.

The exceptional EY experience. It's yours to build.

EY focuses on high-ethical standards and integrity among its employees and expects all candidates to demonstrate these qualities.

P&L reporting and profitability Manager: This position could be located in NY (primary), NC, IL.

EY is a leader in serving the global financial services marketplace and the only professional services firm with a separate business unit dedicated to the financial services industry – the Financial Services Organization (FSO). Our focused model and bold ambition have put us at the center of the events that continue to reshape and redefine our industry, working side by side with a range of clients from our most venerable institutions to dynamic new entrants across Banking and Capital Markets, Wealth and Asset Management, Insurance, and Real Estate, Hospitality and Construction. Our purpose is to help build a financial services industry in which financial institutions are trusted and flourish, and the global economy is healthy, growing and secure. If you have a passion for rallying together to solve complex challenges, then come join our dynamic FSO team!

The FSO Consulting Finance team is looking for a Manager with a strong delivery track record across cost allocations and profitability management within Banking and Capital Markets, Wealth and Asset Management, and Insurance. We are looking for an experienced individual who is highly motivated, professional and passionate about what they do, and who will further add to the continued success of our team.

Your key responsibilities

As a Manager within our FSO Consulting Finance team, you will specialize in working closely with clients across Financial Services, and manage day-to-day engagement teams, to provide valuable insight and advice to support clients in their cost and profitability transformation journeys.

Specific responsibilities include, but are not limited to:

• Showcasing ability to understanding business dynamics, gathering requirements and facilitating technological enablement of our clients’ vision across the following use cases:
  • Profitability management
  • P&L reporting at line of business, product and customer level
  • Cost allocation
  • Profitability analytics
  • Data management
  • IT costing
• Managing delivery of client projects by leading a specific workstream as part of a broader team, assessing engagement risks, driving conclusions, and reviewing the output produced by the team
• Supporting business development activities, including managing proposal responses and pursuit teams and developing high-quality proposals
• Supporting practice development activities, including thought leadership materials specific to the use cases listed above, and demonstrating great depth of knowledge by contributing to EY Point of Views, EY assets and enablers
• Actively training, coaching, and mentoring junior resources on profitability and cost allocation/management use cases, from both a conceptual and technical standpoint (through on-the-job training and through career counseling conversations)
• Developing strong external networks by fostering existing client relationships, managing EY accounts and bringing the full offering of EY to clients
• Keeping up-to-date on industry dynamics and hot topics to provide clients with industry-leading insights and market trends

Professional experience

To qualify for the role, you must have:

• Experience of working in a consulting role in Financial Services (Banking and Capital Markets, Wealth and Asset Management, or Insurance), or a transformation role in industry, focusing on:
  • Profitability management
  • Line of business, product and/or customer P&L reporting
  • Cost allocation
  • Cost and profitability management systems
  • IT costing and/or total cost of ownership
  • Advanced cost and profitability analytics
• Experience in managing delivery teams on Finance change programs in Financial Services and demonstrable experience from:
  • hands-on consulting experience at a Big 4, or top tier consulting firm within Financial Services, or
  • managing/supporting change programs at a Financial Services organization

• Have technical knowledge of:
  • Profitability management
  • Cost allocation
  • Cost and profitability management systems
  • IT costing and/or total cost of ownership
• Experience in managing projects and leading delivery teams
• Experience in communicating with, influencing and generating agreement across senior and mid-level Finance team members
• Have a four-year degree in business, finance, accounting, engineering, or a related field; MBA or master's degree preferred

Skills for success

• Knowledge and strong understanding of Finance function operations, and the key issues and challenges currently facing CFOs in the financial services sector
• Confident and comfortable with uncertainty and ambiguity in a project environment
• Demonstrate strong leadership expertise across engagement and practice teams
• Excellent communication, presentation and negotiation skills
• Able to apply logic and problem solving to complex Finance business problems
• Instill a positive team mentality, even when under pressure, by treating their colleagues well and creating an inclusive culture.

What we offer

We offer a comprehensive compensation and benefits package where you’ll be rewarded based on your performance and recognized for the value you bring to the business. The base salary range for this job in all geographic locations in the US is $127,100 to $233,000. The salary range for New York City Metro Area, Washington State and California (excluding Sacramento) is $152,500 to $264,800. Individual salaries within those ranges are determined through a wide variety of factors including but not limited to education, experience, knowledge, skills and geography. In addition, our Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options. Join us in our team-led and leader-enabled hybrid model. Our expectation is for most people in external, client serving roles to work together in person 40-60% of the time over the course of an engagement, project or year. Under our flexible vacation policy, you’ll decide how much vacation time you need based on your own personal circumstances. You’ll also be granted time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.

• Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
• Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
• Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
• Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.

EY accepts applications for this position on an on-going basis. If you can demonstrate that you meet the criteria above, please contact us as soon as possible.

EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.

Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.

Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.

For those living in California, please click here for additional information.

EY provides equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, pregnancy, genetic information, national origin, protected veteran status, disability status, or any other legally protected basis, including arrest and conviction records, in accordance with applicable law.  

EY is committed to providing reasonable accommodation to qualified individuals with disabilities including veterans with disabilities. If you have a disability and either need assistance applying online or need to request an accommodation during any part of the application process,  please call 1-800-EY-HELP3, select Option 2 for candidate related inquiries, then select Option 1 for candidate queries and finally select Option 2 for candidates with an inquiry which will route you to EY’s Talent Shared Services Team (TSS) or email the TSS at [email protected] .

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