Principal Financial Consultant

2 months ago

Chicago, United States Discover Financial Services Full time

Discover a brighter future.
With us, you’ll do meaningful work from Day 1. Our collaborative culture is built on three core behaviors: We Play to Win, We Get Better Every Day & We Succeed Together. And we mean it — we want you to grow and make a difference at one of the world's leading digital banking and payments companies. We value what makes you unique so that you have an opportunity to shine.

Come build your future while being the reason millions of people find a brighter financial future with Discover.


Job Description:
Discover will not sponsor or transfer employment work visas for this position. Applicants must be currently authorized to work in the United States on a full-time basis.

Responsible for providing financial and business analysis support in order to enhance decision making. Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.

Leads projects to drive automation and operational improvements aligned to the goals of Finance & Corporate Services. This entails partnering cross-functionally and providing supporting data analysis. Develops and enhances financial models, and clearly articulates the outcomes of these models. Improves accuracy of analysis and drives business insights. Refines existing processes and orchestrates regular updates. Engages well with other teams to effectively challenge inputs. Performs competitive analyses to drive strategic insights and actions.


Responsibilities:

  1. Drives project to completion to improve automation and data transparency.
  2. Drives revenue generating and expense efficiency initiatives by understanding business economics and effectively leading and influencing business.
  3. Develops financial projections to support planning and investment decisions. Provides advice and financial analyses to leadership for investment decisions, pricing changes, and the development of new products and offers. Monitors and assesses the return on financial investments.
  4. Leads an analytical approach to proactively develop insightful financial analyses.
  5. Develops and leads financial planning activities including budgeting, short and long-term forecasting, revenue and expense driver analysis.
  6. Conducts variance analysis and consolidation activities.
  7. Collaborates with business partners (e.g., marketing, and operations) to develop robust financial forecasts and drive insightful analysis.
  8. Continuously improves and streamlines standard work processes.
  9. Creates and maintains models to understand long-term profit and loss impacts and drive business decisions.
  10. Performs detailed competitive analyses to drive strategic insights and actions.

Minimum Qualifications:
At a minimum, here’s what we need from you:
Bachelor's Degree in Finance, Business Administration and Management, or related field.
4+ years of experience in Finance, Consulting, Investment Banking or related field.


Preferred Qualifications:
If we had our say, we’d also look for:
Master's Degree in Finance, Business Administration and Management, or related field.
6+ years of experience in Finance, Consulting, Investment Banking or related field.


Application Deadline: The application window for this position is anticipated to close on Sep-16-2024. We encourage you to apply as soon as possible. The posting may be available past this date, but it is not guaranteed.


Compensation: The base pay for this position generally ranges between $88,500.00 to $149,300.00. Additional incentives may be provided as part of a market competitive total compensation package. Factors, such as but not limited to, geographical location, relevant experience, education, and skill level may impact the pay for this position.


Benefits:
We also offer a range of benefits and programs based on eligibility. These benefits include:
Paid Parental Leave, Paid Time Off, 401(k) Plan, Medical, Dental, Vision, & Health Savings Account, STD, Life, LTD and AD&D, Recognition Program, Education Assistance, Commuter Benefits, Family Support Programs, Employee Stock Purchase Plan. Learn more at mydiscoverbenefits.com.


What are you waiting for? Apply today


All Discover employees place our customers at the very center of our work. To deliver on our promises to our customers, each of us contribute every day to a culture that values compliance and risk management.


Discover is committed to a diverse and inclusive workplace. Discover is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or other legally protected status. (Know Your Rights & Pay Transparency Nondiscrimination Provision)


Discover complies with federal, state, and local laws applicable to qualified individuals with disabilities and is committed to providing reasonable accommodations. If you require a reasonable accommodation to search for a position, to complete an application, and/or to participate in an interview, please email HireAccommodation@discover.com. Any information you provide regarding your accommodation needs will be kept confidential and will only be used to determine and provide necessary accommodation.

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