Job DescriptionThe Senior Finance Lead - Cost Allocation & Technology Programs provides strategic leadership for enterprise technology cost allocation, financial transparency, expense governance, and cross-functional Finance initiatives. The role partners with senior leaders across Finance, Accounting, Financial Operations, Tax, Technology, and business lines to develop, implement, and evolve methodologies, governance frameworks, and operating practices that support informed decision-making and effective financial management.
This position leads highly complex initiatives with significant business, financial, and organizational impact. The role serves as a trusted advisor to Finance leadership, influencing enterprise decisions, driving alignment across stakeholders, and ensuring cost allocation methodologies, governance processes, and financial management practices remain scalable, transparent, and aligned with organizational objectives.
Job responsibilities include:
- Lead the design, implementation, and evolution of technology cost allocation methodologies, governance frameworks, and supporting business processes.
- Partner with Finance and business leaders to improve transparency, accountability, and consistency in expense attribution and financial decision-making.
- Develop and maintain governance structures, standards, controls, and operating practices supporting cost allocation and financial management activities.
- Provide strategic consultation and recommendations regarding allocation methodologies, funding models, chargeback approaches, and related financial impacts.
- Lead highly visible cross-functional initiatives involving Finance, Accounting, Financial Operations, Tax, Technology, Risk, and business-line stakeholders.
- Assess and communicate financial, operational, and strategic implications associated with proposed methodology changes and transformation initiatives.
- Drive executive-level discussions regarding priorities, risks, trade-offs, implementation strategies, and expected outcomes.
- Develop materials and recommendations for senior leadership, governance committees, and executive decision forums.
- Identify opportunities to streamline processes, strengthen governance, improve transparency, and enhance organizational effectiveness.
- Influence enterprise decisions and drive alignment across diverse stakeholder groups where authority is largely achieved through expertise, credibility, and partnership.
Basic Qualifications- Bachelor's degree in accounting or finance, or equivalent work experience
- 13 or more years of relevant financial management experience
- Five or more years of management experience
Preferred Skills/Experience- Considerable knowledge of accounting/finance principles
- Advanced planning and analytical skills
- Excellent communication skills
- MBA or CPA preferred
Location Expectations:This role requires working from a U.S. Bank location three (3) or more days per week.
Benefits:Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:
- Healthcare (medical, dental, vision)
- Basic term and optional term life insurance
- Short-term and long-term disability
- Pregnancy disability and parental leave
- 401(k) and employer-funded retirement plan
- Paid vacation (from two to five weeks depending on salary grade and tenure)
- Up to 11 paid holiday opportunities
- Adoption assistance
- Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
Review our full benefits available by employment status here.
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $143,905.00 - $169,300.00
Posting may be closed earlier due to high volume of applicants. 
