Finance Manager - Alternative Investments - Private Equity

Finance Manager - Alternative Investments - Private Equity Location: PA - Pittsburgh (15222) Position Overview At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture where all of our employees feel respected, valued and have an opportunity to contribute to the company’s success. As a Finance Manager within PNC's Capital Finance organization, you will be based in Pittsburgh, PA. Responsibilities: The Finance Manager position is in a non-traditional banking business and works closely with and supports the PNC Capital Finance CFO, PNC Capital Finance Controllers, the Alternative Investment fund managers and their teams (Mezzanine and Riverarch), and Sr. Executives. • Own the end-to-end quarterly fair value process for the Alternative Investment group, leading a small team to ensure precise, timely, and well supported valuations in accordance with fair value accounting standards/investment company guidance, and internal Policies/Procedures, including rigorous review of portfolio company financial statements • Serve as the primary owner and point of accountability for valuation accuracy, controls, and documentation • Partner with Investment fund teams and risk stakeholders to address valuation issues, drive consistency, and support governance requirements • Continuously enhance process discipline, review rigor, and team effectiveness within the valuation function • Executes all aspects of accounting, financial and regulatory/SEC reporting, delivering timely, accurate, and compliant financial information • Leads the yearly budget and strategic planning process, including forecast updates, variance analysis, reconciliations, and stress testing, providing critical insights that support executive decision-making and long-term business objectives • Responsible for the GAAP checklist • Review quarterly and annual public filings • Complete reporting for PNC Capital Finance Board of Directors presentations • Manage relationships with internal and external partners including auditors and risk personnel • Interprets and applies accounting literature to the preparation of financial statements and partnership accounting, including familiarity with corresponding legal documents (Limited Partnership Agreements – LPA’s). • Leverages financial technology, project management and collaboration skills to drive timely execution of initiatives PNC is an in-office company that fosters a supportive culture where employees can thrive and achieve balance. We encourage candidates to connect with their recruiter and hiring manager to understand workplace expectations and ensure the role aligns with their goals. PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position. Job Description Manages and oversees preparation of timely, transparent, and succinct financial reports to enable informed decision-making by stakeholders. Works to create a high performing inclusive team. Generally manages a smaller team supporting a business sub-segment or functional unit. Manages annual budget cycle and continuous monthly forecasting. Manages development of long term strategic plans. Reviews and interprets key financial forecasts and metric-driven performance dashboards to inform strategic business insights. Structures and manages on-demand analysis and reports to address specific business needs. Works closely with Accounting Policy on new accounting standard adoptions affecting their business. Performs technical financial research and documentation on issues affecting their business. Structures and monitors the preparation of reports and analysis in response to requests and requirements of audit, regulatory, and investors .Communicate directly with external constituents. Promptly identifies and addresses control matters; maintains sound control processes. May also contribute to risk review and challenge for assigned business. Demonstrates executive presence and the ability to effectively communicate directly with senior leaders and influence colleagues across all organization levels. Forges partnerships with colleagues across departments to ensure alignment and shared success. PNC Employees take pride in our reputation and to continue building upon that we expect our employees to be: Customer Focused - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions. Managing Risk - Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework. PNC also has fundamental expectations of our people managers. As a manager of talent in PNC, you will be expected to: Include Intentionally - Cultivates diverse teams and inclusive workplaces to expand thinking. Live the Values - Role models our values with transparency and courage. Enable Change - Takes action to drive change and innovation that will transform our business. Achieve Results - Takes personal ownership to deliver results. Empowers and trusts others in decision making. Develop the Best - Raises the bar with every talent decision and guides the achievement of all employees and customers. Qualifications Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role. Listed below are skills, competencies, work experience, education, and required certifications/licensures needed to be successful in this position. Preferred Skills Account Analysis, Accounting Research, Budgeting, Decision Making, Detail-Oriented, Finance Strategy, Financial Accounting, Financial Reporting and Analysis, Hyperion Software, People Management, PeopleSoft FIN, Results-Oriented Competencies Accuracy and Attention to Detail, Budgeting, Business Analytics, Decision Making and Critical Thinking, Effective Communications, Finance and Accounting, Financial Analysis, Financial And Accounting Systems, Institutional Finance, Managing Expenses And Finances Work Experience Roles at this level typically require a university / college degree, with 5+ years of industry-relevant experience. At least 3 years of prior management experience is typically required. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered. Education Bachelors Certifications No Required Certification(s) Licenses No Required License(s) Benefits PNC offers a comprehensive range of benefits to help meet your needs now and in the future. Depending on your eligibility, options for full-time employees include: medical/prescription drug coverage (with a Health Savings Account feature), dental and vision options; employee and spouse/child life insurance; short and long-term disability protection; 401(k) with PNC match, pension and stock purchase plans; dependent care reimbursement account; back-up child/elder care; adoption, surrogacy, and doula reimbursement; educational assistance, including select programs fully paid; a robust wellness program with financial incentives. In addition, PNC generally provides the following paid time off, depending on your eligibility: maternity and/or parental leave; up to 11 paid holidays each year; 9 occasional absence days each year, unless otherwise required by law; between 15 to 25 vacation days each year, depending on career level; and years of service. To learn more about these and other programs, including benefits for full time and part-time employees, visit pncthrive.com. Disability Accommodations Statement If an accommodation is required to participate in the application process, please contact us via email at AccommodationRequest@pnc.com. Please include “accommodation request” in the subject line title and be sure to include your name, the job ID, and your preferred method of contact in the body of the email. Emails not related to accommodation requests will not receive responses.  Applicants may also call 877-968-7762 and say "Workday" for accommodation assistance. All information provided will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations. Equal Employment Opportunity (EEO) This position is subject to the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA) and, for any registered role, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) and/or the Financial Industry Regulatory Authority (FINRA), which prohibit the hiring of individuals with certain criminal history. California Residents Refer to the California Consumer Privacy Act Privacy Notice to gain understanding of how PNC may use or disclose your personal information in our hiring practices.