Description
Summary:
Functions as the Regional Marketing Finance Subject Matter Expert and primary point of contact to Finance, Regional Banking leadership, and the Regional Marketing and Market Enablement teams. Provides preliminary budget assessments and final budget presentations, periodic updates, ad hoc budget revisions.
Duties & Responsibilities:
•Provides advanced, short & long-term financial forecasting, budgeting, reporting and financial analysis support to Regional Marketing.
•Manages and owns the end-to-end process for regional marketing budgets ($40 Million across 21 regions) including: budget creation/implementation; forecasting; monthly reconciliation and updates; chargebacks; amortizations; handoff to Finance for upload to financial system . (80%)
•Interfaces with all Regional Marketing Managers (RMMs) to regularly plan/create region-specific budgets and consult/troubleshoot/give guidance.
•Maintains working knowledge of all large-scale regional sponsorship contracts, discretionary sponsorships and related terms, how those are accounted for as related to accounting rules and finance forecast/budget
•Responsible for providing Finance monthly upload files for each region with data by month, expense line and cost center for upload to financial system.
Reviews/maintains forecast variances for all regions to determine driver and resulting necessary forecast updates:
•Meets with finance monthly to review forecast updates.
•Prepares Finance system upload file.
•Reviews changes and confirms accuracy.
•Updates detailed monthly forecast/reconciliation file for all regions/markets.
Reviews/maintains Actuals:
•Actuals reconciliation - reviews 1000 transactions per month for accuracy
•Works with Accounting to make appropriate monthly entries, accruals, reclasses, chargebacks.
•Provides analysis/commentary to Finance for monthly pre-close meeting
Monthly variance analysis:
•Reviews variance to budget for all regions and provides explanations for those variances to Finance.
•Monthly financial reporting for Regional Banking leadership
•Monthly/quarterly review with RMMs on financial results
Manages Centralized Invoicing for Regional Marketing (5%)
•Manages centralized invoicing for Regional Marketing across all regions. More than 200 invoices each month are submitted, processed, and tracked through payment process while working with Accounts Payable, Supplier contact and RMMs to ensure necessary documentation is provided to facilitate prompt payment, reduce/eliminate errors, and ensure reputational risk is minimized.
Supervises a staff, and is expected to lead project workflow on a regular basis. (15%)
•Centralized Invoicing (currently 2 ½ colleagues) – Note: Lily Pace functions in a blended role reporting directly to Lisa Brinker with up to 50% of her time dedicated to centralized invoicing.
•Tax Credit Specialist (currently 1 colleague) – Primary oversight and execution of PA tax credit program for Huntington in Tristate region, interfaces with State of PA, HNB Tax Department, Tristate RLT, Pittsburgh non-profit organizations, and HNB AP.
•Performs other duties as assigned.
Basic Qualifications:
•Bachelor's degree
•5 years of financial analyst/analytics experience
•Team management and colleague development experience.
Preferred Qualifications:
•Financial Services experience strongly preferred
•Self-motivated, forward thinking individual with a strategic mind-set who can drive performance
•Strong interpersonal skills, with the ability to communicate complex material concisely and effectively across all layers of the organization
•Strong quantitative, analytical, critical thinking, and writing skills
•Proficiency in Excel, PowerPoint, and Word
Exempt Status: (Yes not eligible for overtime pay) ( No eligible for overtime pay)
Yes
Workplace Type:
Office
Our Approach to Office Workplace Type
Certain positions outside our branch network may be eligible for a flexible work arrangement. We’re combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.
Huntington is an Equal Opportunity Employer.
Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.
Note to Agency Recruiters: Huntington Bank will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington Bank colleagues, directly or indirectly, will be considered Huntington Bank property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.