Overview:
Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.
We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.
Responsibilities:
The Divisional Financial Officer serves as the principal finance business partner for several divisions and plays a key role in driving strategic financial decision-making through detailed analysis, forecasting, budgeting, and decision support. This position requires a strong analytical mindset and proven communication skills. The role is highly visible with opportunities to collaborate with executive leaders and cross-functional teams. The pace is fast and challenging but also rewarding with frequent opportunities to have an influence.
Salary Range
The salary range for this position is $60,000/yr - $121,300/yr plus bonus. The base salary indicated for this position reflects the compensation range applicable to all levels of the role across the United States. Actual salary offers within this range may vary based on a number of factors, including the specific responsibilities of the position, the candidate’s relevant skills and professional experience, educational qualifications, and geographic location.
Key Accountabilities
Financial Analysis
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Conduct thorough financial analysis of assigned divisions to support business decision-making.
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Evaluate financial performance against benchmarks and/or key performance indicators (KPIs).
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Provide regular insight to executive leaders regarding trends, opportunities, and risks.
Forecasting & Budgeting
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Lead the development of financial forecasts and budgets for all assigned divisions.
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Collaborate with executive and department leaders to ensure alignment with strategic goals.
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Analyze budget/forecast variances and recommend corrective actions.
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Collaborate with business partners to build business cases for investments and projects.
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Collaborate with HR partners to align budgets/forecasts with staffing models.
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Collaborate with IT and Procurement partners to execute technology roadmaps and projects.
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Integrate key project pro-formas into financial reporting cadence, forecasts, and budgets.
Reporting and Communication
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Present clear, concise, and insightful financial updates to executive leaders and teams. Participate in business partner team meetings.
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Create ad-hoc reports as needed to support strategic initiatives.
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Communicate complex financial concepts to non-finance stakeholders.
Cross-Functional Collaboration
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Build strong relationships with executive leaders and teams to enhance financial understanding and effectiveness.
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Collaborate with HR, IT and Procurement partners to support assigned divisions and teams.
Other Responsibilities
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Participate in the monthly accounting financial close and ensure accurate financial reporting for assigned divisions.
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Identify and recommend efficiency opportunities.
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Stay up to date on current financial regulations and accounting standards.
Key Competencies for Position
Compelling communication – openly and effectively communicate with others.
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Effectively and transparently share information and ideas with others.
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Tailor communication in a way that engages the audience and is easy to understand.
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Unite others towards a common goal.
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Asks for others' opinions and ideas. Actively listen to gain support when clarifying expectations, agreeing on a solution and checking for satisfaction.
Make decisions and solves complex problems – seek deeper understanding and act.
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Take ownership of a problem while collaborating with others on a resolution with an appropriate level of urgency.
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Collaborate and seek to understand the root causes of problems.
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Evaluate the implications of latest information or events and recommend solutions using decisions that are sound based on what is known at the time.
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Take action that is consistent with available facts, constraints, and probable consequences.
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Being a resource for others with less experience.
Promotes change – seek to understand and embrace change.
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Actively seek information to understand the rationale, implication, and impact for changes
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Remain agile by quickly modifying daily behavior, leveraging resources, and trying innovative approaches to effectively embrace change.
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Be willing to act quickly, learn and adjust as needed.
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Identify and recommend changes to leadership to improve performance.
Delight clients – continuously seek and apply knowledge leading to a great client experience.
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Passionately serves internal/external clients with excellence.
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Maintain a growth mindset staying current with developments and trends in areas of expertise.
Qualifications and Education Requirements
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Bachelor’s degree in business administration, finance, or accounting.
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MBA degree preferred.
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5+ years of relevant experience in financial analysis, budgeting, forecasting, and/or financial reporting.
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Effective communication and story-telling skills.
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Strong analytical and critical thinking skills.
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Comfortable working with cross functional teams and leaders.
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Experience with financial systems (e.g., Oracle, Workday, Empyrean, Longview).
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Familiarity with relevant accounting standards and financial regulations.
Key Measures of Success/Key Deliverables:
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Proactive, accurate and insightful financial analysis, budgets, and forecasts for assigned divisions.
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Clear and impactful executive/team communications, tailored to the audience and topic.
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Effective and productive relationships with key business partners include providing consistent financial support as well as professional feedback.
- Impactful contributions to remaining FP&A initiatives, projects, and deliverables.
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Ability to work independently with minimal guidance.
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Ability to collaborate effectively with teams in Accounting, Treasury, HR, Procurement, and IT.
Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles.
As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law.
#OLDNT
We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Director of Talent Acquisition, SVP, to fill a specific position.
Our culture is firmly rooted in our core values.
We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical.
We are Old National Bank. Join our team!
