Synchrony

VP, Health & Wellness Finance - FP&A

Synchrony$150K — $250K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, or related field with 7 years of FP&A experience, or 10 years in lieu of degree
  • At least 3 years in a finance role within a Consumer Finance organization
  • Strong proficiency in financial modeling, budgeting, forecasting, and data analysis
  • Demonstrated experience leading discussions with Executive Leadership
  • Experience managing a team with direct reports

Responsibilities

  • Engage with market teams to analyze business dynamics and performance metrics
  • Lead financial performance analysis and propose action plans for improvement
  • Collaborate with cross-functional leadership to enhance growth and profitability
  • Drive the annual planning, forecasting, and strategic processes for the platform
  • Oversee team and resources involved in forecasting and reporting activities
  • Ensure forecasting reflects key contractual terms and necessary adjustments
  • Facilitate profitability optimization efforts and provide ad-hoc analysis

Benefits

  • Flexibility to work from home or from an office hub
  • Opportunity to participate in regular business or team engagements
  • Support for professional development through training and cultural events
Full Job Description
Role Summary/Purpose:

Reporting to the CFO for the Health & Wellness platform, this role provides financial leadership for one of Synchrony's fast-growing sales platforms. This role is responsible for leading the financial planning, analysis, and reporting processes for the Health & Wellness platform, including leadership of the Health & Wellness platform's strategic vision and investment initiatives. It partners with the platform's senior leadership team in driving profitable growth and achieving strategic objectives. This role is also a key leader on the Health & Wellness CFO's team, providing key analytics, insights, and process improvement across the platform.

Essential Responsibilities:
  • Engage with H&W market teams to understand business and portfolio dynamics and communicate performance
  • Lead financial performance analysis and recommend actions as needed to improve performance
  • Partner with cross functional leadership team to maximize growth potential, optimizing profitability and risk trade-offs within the competitive and economic environment
  • Partner with platform leadership to develop and execute the business strategy
  • Lead the annual Op Plan, Short Range Forecast and Strategic planning process for the platform as well as ongoing forecasting and analysis
  • Manage team as well as indirect COE resources to execute forecasting, portfolio support and reporting activities
  • Understand key contractual terms, ensuring forecasts and plans properly reflect changes and challenge where necessary
  • Support strategic initiative team to ensure timely implementation and that reporting of cost and benefits is understood by platform leadership
  • Lead periodic NI Review processes with the Health & Wellness Leadership team
  • Provide quarterly support for external Earnings and reporting processes
  • Lead profitability optimization efforts
  • Provide key ad-hoc analysis as needed
  • Support second and third line reviews
  • Perform other duties and/or special projects as assigned


Qualifications/Requirements:
  • Bachelor's degree in Accounting, Finance or related field and a minimum of 7 years of FP&A experience (financial modeling, budget, forecast, data analysis)or in lieu of degree, 10 years of FP&A experience (financial modeling, budget, forecast, data analysis)
  • Minimum of 3 years of experience working in a finance role for a Consumer Finance organization


Desired Characteristics:
  • Bachelor's degree in Accounting, Finance
  • Credit Card portfolio acquisition and/or investment evaluation experiences
  • Experience in collaboration on cross-functional teams and leading projects/initiatives
  • Experience leading discussions with Executive Leadership team
  • Experience in leading a team including direct reports
  • Demonstrated strength in complex financial modeling and large data sets
  • In-depth knowledge of Synchrony products
  • Demonstrated strong leadership skills and proven results at driving change across all levels of the organization
  • Excellent oral and written communication skills
  • Demonstrated process management skills
  • Prior experience and responsibility for critical decisions
  • Use of Oracle / Hyperion Systems and databases
  • Strong proficiency in the use of Microsoft Office Suite, including Excel, PowerPoint, Word & Outlook


Grade/Level: 14

The salary range for this position is 150,000.00 - 250,000.00 USD Annual and is eligible for an annual bonus based on individual and company performance.

Actual compensation offered within the posted salary range will be based upon work experience, skill level or knowledge.

Salaries are adjusted according to market in CA, NY Metro and Seattle.

Our Way of Working:

We're proud to offer you flexibility. At Synchrony, our way of working allows you to have the option to work from home near one of our Hubs or come into one of our offices. You will be required to commute to your nearest Hub (either virtual or physical) for in-person engagement activities such as regular business or team meetings, training and culture events.

*Field Sales and some Commercial team roles may have varied location requirements based upon partner obligations or preferences.

Eligibility Requirements:
  • You must be 18 years or older
  • You must have a high school diploma or equivalent
  • You must be willing to take a drug test, submit to a background investigation and submit fingerprints as part of the onboarding process
  • You must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act.
  • New hires (Level 4-7) must have 9 months of continuous service with the company before they are eligible to post on other roles. Once this new hire time in position requirement is met, the associate will have a minimum 6 months' time in position before they can post for future non-exempt roles. Employees, level 8 or greater, must have at least 18 months' time in position before they can post. All internal employees must consistently meet performance expectations and have approval from your manager to post (or the approval of your manager and HR if you don't meet the time in position or performance expectations).


Job Family Group:
Finance

About Synchrony

Synchrony (NYSE: SYF) is a leading consumer financing company at the heart of American commerce and opportunity. From health to home, auto to retail, our Synchrony products have been serving the needs of people and businesses for nearly 100 years. We provide responsible access to credit and banking products to support healthier financial lives for tens of millions of people, enabling them to access the things that matter to them. Additionally, through our innovative products and experiences, we support the growth and operations of some of the country's most respected brands, as well as more than 400,000 small and midsize businesses and health and wellness providers that Americans rely on. Synchrony is proud to be ranked as the country's #2 Best Company to Work For® by Fortune magazine and Great Place to Work®.
Learn more about Synchrony
Size
18,000 employees
Market Cap
$14.4 billion
Industry
Net Income
$1.3 billion
Founded
1993
5 Year Trend
+0.7%
NASDAQ

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