Manager, Financial Planning & Analysis

About the role

Building trusted markets - powered by our people

At Cboe Global Markets, we inspire our people to solve complex challenges together because what we do matters. We provide the financial infrastructure that powers the global economy. As a leading provider of market infrastructure and tradable products, Cboe delivers cutting-edge trading, clearing and investment solutions to market participants around the world.

We're building meaningful ways to support professional and personal development while strengthening the trust we've earned as a global market leader. Our teams are empowered to share ideas, actively pursue them and bring on a challenge. As champions of internal mobility and access to opportunity, we encourage our people to "go for it" and equip our managers with the training to coach their teams to the next level. We strive to provide employees a safe space to network, share ideas and create opportunities.

To support strong partnership and team connection, this role follows a four day in office work model.

Location Overview

Cboe HQ is located in the historic Old Post Office district, it's a landmark that blends classic architecture with modern amenities. The building features expansive spaces with high ceilings and large windows, offering an abundance of natural light and panoramic views of the city skyline and the Chicago River.

With its prime location in the heart of downtown, the OPO Building provides easy access to major transportation hubs, including Union Station and multiple CTA lines, making it convenient for commuters. The building is home to a variety of amenities, including restaurants, a fitness center, and collaborative workspaces, creating a vibrant and dynamic work environment in one of Chicago's most iconic areas.

Job Summary

We are seeking a highly motivated individual to join the Financial Planning & Analysis (FP&A) team as a Manager, Financial Planning & Analysis. In this role, you will own the financial planning, forecasting, and reporting for the Derivatives category, the largest category at Cboe and a high-visibility area of the firm.

You will be responsible for the full Derivatives P&L, including revenue and expenses for our Futures and Options segments, partnering closely with business leaders to help them understand financial performance month to month and quarter to quarter. You will report to the Senior Director, Financial Planning & Analysis.

As a leader of the team, you will supervise one Senior Analyst and work closely with finance and business teams across the organization.

Key Responsibilities

• Own the Derivatives category P&L, covering revenue and expenses for both Futures and Options.
• Lead the annual budget and quarterly forecast process for Derivatives, partnering with business leaders across functions to forecast revenue and operating expenses
• Research and explain variances between forecast and actuals, as well as between current and prior forecast versions, and communicate the key drivers to leadership
• Provide strategic decision support for Derivatives growth projects, including revenue forecasting, pricing analysis, and KPI data integrity and reporting
• Analyze current and future operational performance trends and prepare quarterly business review presentations for senior management
• Prepare monthly volume and revenue per contract (RPC) files that are included in Cboe's monthly volume release
• Assist with the firm wide expenses categories, partnering with department leaders across the firm
• Assist with preparation of subsidiary reports and the financial dashboards
• Assist with the forecast of non-operating income and the guidance associated with it
• Prepare board materials and support the monthly close process
• Lead, develop, and mentor a Senior Analyst, providing continuous guidance, support, and performance feedback
• Serve as a subject matter expert in the finance systems and drive process improvements across the FP&A team
• Lead and execute ad-hoc projects

Required Qualifications

• Bachelor's degree in Finance or Accounting; MBA a plus
• Five to 10 years of relevant experience in financial analysis, FP&A, or accounting, including prior management experience
• Experience in the derivatives / exchange industry highly preferred.
• Proven leader and process owner with a desire to continually learn and improve
• Strong analytical, quantitative, and research skills
• Ability to communicate with all levels of management and staff and be a strong team player
• Highly proficient in Excel and proficient in PowerPoint
• Basic knowledge of GAAP guidelines and practices
• Knowledge of IBM Planning Analytics (TM1) or other OLAP-based software a plus

Benefits

Benefits and Perks of working for Cboe Global Markets:

• We value the total wellbeing of our people - including health, financial, personal and social wellness.
• We believe standard benefits like health insurance and fair pay are a given at any organization.
• Still, you should know we offer:

• Fair and competitive salary and incentive compensation packages with an upside for overachievement
• Generous paid time off, including vacation, personal days, sick days and annual community service days
• Health, dental and vision benefits, including access to telemedicine and mental health services
• 2:1 401(k) match, up to 8% match immediately upon hire
• Discounted Employee Stock Purchase Plan
• Tax Savings Accounts for health, dependent and transportation
• Employee referral bonus program
• Volunteer opportunities to help you give back to your communities

Benefits

Some of our associates' favorite benefits and perks include:

• Complimentary lunch, snacks and coffee in any Cboe office
• Paid Tuition assistance and education opportunities
• Generous charitable giving company match
• Paid parental leave and fertility benefits
• On-site gyms and discounts to other fitness centers
• Paid Time Off

More About Cboe Global Markets

• We're reimagining the future of the workplace by focusing on what matters most, our people.
• Our journey is an inclusive one.
• We're investing deeply in leadership programs and career development initiatives that ensure everyone has an equal chance to succeed.

• We work with purpose, solving problems with ingenuity, collaboration, and a lot of passion. We're an engaged and excited team connecting markets across borders and embracing growth in all its forms to achieve incredible outcomes.
• Learn more about life at Cboe on our website and LinkedIn.

Salary Ranges (applicable for US locations only)

At Cboe, we are committed to providing a competitive, transparent, and market-informed total rewards program. The anticipated base salary range for this role is $126,225-$163,350, with actual compensation determined by job-related factors such as skills, relevant experience, education, internal alignment, and location.

This role may also be eligible for annual incentive compensation and, where applicable, participation in Cboe's long-term equity programs.

Additional information about Cboe's total rewards program, including benefits and other compensation components, can be found here: Total Rewards at CBOE.

Any communication from Cboe regarding this position will only come from a Cboe recruiter who has a @cboe.com email or via LinkedIn Recruiter. Cboe does not use any other third party communication tools for recruiting purposes.