Mizuho Financial

AVP Financial Planning & Analysis (Reporting & Analytics)

Mizuho Financial$91K — $140K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in finance/accounting or related field (CPA/CFA preferred)
  • 5+ years in financial/bank services industry; 2+ years in business planning and cost allocation
  • Proficient in Excel, PPT, and ERP tools like Hyperion and Anaplan
  • Strong understanding of Banking products and their revenue/expense relationships
  • Excellent grasp of organizational hierarchies and income statement databases
  • Exceptional problem-solving and communication skills
  • Experience with automation/business analytics (Python/SQL) is a plus

Responsibilities

  • Prepare presentations and reports for senior management on financial analytics and cost drivers
  • Maintain data reporting standards for Banking LOB as per head office requirements
  • Develop detailed budget vs actual variance reports to drive decision-making
  • Enhance reporting and budgeting processes for more efficient financial data production
  • Liaise with finance counterparts to identify trends in revenues and expenses
  • Monitor and support monthly allocation and inter-entity reconciliations
  • Assist in cross-functional projects like revenue forecasting and productivity initiatives

Benefits

  • Generous employee benefits package including Medical, Dental, and 401K plans
  • Eligibility for discretionary bonuses based on performance
  • Hybrid working arrangements with flexible remote work options depending on role and department needs
Full Job Description

Job Description:

We are seeking a skilled AVP to support the FP&A team to play a key role in Management Reporting for the Bank’s US Operations cross Corporate Banking, Fixed Income, Equities and Japanese Banking. This role requires strong analytical skills, attention to detail, the ability to collaborate across multiple business partners and other teams in Finance and align with both local and head office (Japan) data and regulatory requirements. The ideal candidate should have experience in the banking industry, with exposure to multi- entity reporting structure, data hierarchies and should be proficient in working and extracting information from multiple Database systems. This role requires both business and technical expertise, a meticulous approach to data accuracy, and the ability to look for opportunities to enhance or transform current processes.

Key Responsibilities:

  • Prepare presentations and reports to senior management on a monthly/annual basis, including financial analytics, business revenues and cost drivers and ad hoc reviews

  • Maintain data reporting standards and integrity for Banking LOB as per HO (Japan) requirements

  • Develop detailed budget vs actual variance reports to drive high quality decision-making and closely monitor Entity performance

  • Enhance reporting and budgeting process with a focus on streamlining financial data production and attend to HO (Japan) requests

  • Liaise with counterparts across Finance, back office and front office to identify and support trends in Revenues, Expenses, assets and KPIs.

  • Monitor and support monthly allocation and inter entity/company reconciliations

  • Assist in planning and execution of various cross-functional projects like revenue forecasting and productivity initiatives

Basic Qualifications:

  • Bachelor’s degree in finance/accounting or business relevant majors (CPA/CFA preferred)

  • 5+ years of experience in financial/bank services industry with 2+ years of specific roles in business planning, costs allocation and experience in dealing with large dataset required

  • Proficiency in Excel, PPT and ERP tools such as Hyperion, Anaplan, PeopleSoft and OneStream

  • Strong understanding of Banking products and their revenue/ expense relationship

  • Excellent understanding of Organization Hierarchy and Income Statement databases in multiple dimensions: Business line, Entities, Head office reporting etc.

  • Excellent problem-solving and communications skills and attention to detail

  • Automation/Business Analytics experience is a huge plus. (Python/SQL)

Preferred Qualifications:

  • Familiarity with US GAAP and/or IFRS

  • Knowledge of Business and General Ledger concepts (profit/cost center, trade books, revenues and expenses, inter-entity transfers) at an investment bank or a financial services company

The expected base salary ranges from $91,000 - $140,000. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications and licenses obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, including Medical, Dental and 401K plans, successful candidates are also eligible to receive a discretionary bonus.

#LI-Hybrid

Other requirements

Mizuho has in place a hybrid working program, with varying opportunities for remote work depending on the nature of the role, needs of your department, as well as local laws and regulatory obligations. Roles in some of our departments have greater in-office requirements that will be communicated to you as part of the recruitment process.   

About Mizuho Financial

Mizuho Financial Group, Inc. is a Japanese banking holding company headquartered in the ?temachi district of Chiyoda, Tokyo, Japan. The name "mizuho" literally means "abundant rice" in Japanese. It holds assets in excess of $1.8 trillion US dollars through its control of Mizuho Bank, Mizuho Corporate Bank, and other operating subsidiaries. The company's combined holdings form the second largest financial services group in Japan. Its banking businesses rank third in Japan after Mitsubishi UFJ Financial Group and Sumitomo Mitsui Financial Group. It is the 15th largest banking institution in the world by total assets as of December 2018.
Learn more about Mizuho Financial
Size
54,492 employees
Market Cap
$35 billion
Industry
Net Income
$84.4 billion
5 Year Trend
-0.6%
NASDAQ

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