PRINCIPAL FINANCIAL CONSULTANT

Discover Financial Services
IL, United States
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

  • Drives project to completion to improve automation and data transparency
  • Drives revenue generating and expense efficiency initiatives by understanding business economics and effectively leading and influencing business.
  • 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. Leads an analytical approach to proactively develop insightful financial analyses.

  • Develops and leads financial planning activities including budgeting, short and long-term forecasting, revenue and expense driver analysis.
  • Conducts variance analysis and consolidation activities
  • Collaborates with business partners (e.g, marketing, and operations) to develop robust financial forecasts and drive insightful analysis.
  • Continuously improves and streamlines standard work processes.
  • Creates and maintains models to understand long-term profit and loss impacts and drive business decisions.
  • 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

LI-EB1

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.

7 hours ago
Related jobs
Promoted
Discover Financial Services
Chicago, Illinois

Come build your future while being the reason millions of people find a brighter financial future with Discover. Responsible for providing financial and business analysis support in order to enhance decision making. Develops and enhances financial models, and clearly articulates the outcomes of thes...

Promoted
Discover Financial Services
IL, United States

Come build your future, while being the reason millions of people find a brighter financial future with Discover. Responsible for providing financial and business analysis support in order to enhance decision making. Develops and enhances financial models, and clearly articulates the outcomes of the...

Cognizant
Chicago, Illinois
Remote

Senior Principal Consultants at this level will be expected to: . We are currently seeking thought leaders in the Workday Student Financials space to deliver superior results to our clients. Leads, mentors, and oversees the work of other Consultants within their projects. Act as a mentor to fellow c...

Discover
Riverwoods, Illinois

Responsible for providing financial and business analysis support for one of Discover's business units. Analyzes customer behaviors and product profitability trends to understand financial implications and influence actions. Develops and enhances financial models. Provides management with strategic ...

Cognizant
Chicago, Illinois
Remote

Cognizant is seeking a Workday Financials Supply Chain Principal Consultant with Financial Management systems experience and expertise in the areas of General Ledger, Billing, Inventory, Receivables, Procurement, Payables, Expenses, Asset Management and/or Projects. As a Supply Chain Principal Consu...

Discover
Riverwoods, Illinois

Responsible for providing financial and business analysis support for one of Discover's business units. Analyzes customer behaviors and product profitability trends to understand financial implications and influence actions. Develops and enhances financial models. Provides management with strategic ...

Cognizant
Chicago, Illinois
Remote

The Cognizant Workday Practice is seeking a Workday Financials Senior Principal Consultant with Supply Chain Management (SCM) experience. The Senior Principal Consultant will “bridge the gap” between the business and technical teams by solving complex Workday intersystem problems. Be a Workday Finan...

Promoted
Charles Schwab
Naperville, Illinois

As a Financial Consultant at Schwab, you will be procured with the practice of existing Schwab clients, providing them with wealth management and financial planning advice. Schwab’s branch team is at the heart of our firm’s commitment to helping clients own their financial futures. In this exciting ...

Promoted
InsideHigherEd
Palatine, Illinois

Works with the Facilities Management Division to determine the project scope, develops a preliminary plan and determines project specifics such as cost and time of construction, project impact, etc. Responsible for managing and executing project tasks on various Facilities Management initiatives at ...

Promoted
Entegris
Aurora, Illinois

Conduct in-depth analysis of financial data, including but not limited to revenue, expenses,. Prepare and present comprehensive financial reports to senior management. KPIs) to assess the financial health and performance of the organization. Proven experience in financial analysis, preferably in a c...