A Career with Point72’s Technology Team
As Point72 reimagines the future of investing, our Technology group is constantly improving our company’s IT infrastructure, positioning us at the forefront of a rapidly evolving technology landscape. We’re a team of experts experimenting, discovering new ways to harness the power of open-source solutions, and embracing enterprise agile methodology. We encourage professional development to ensure you bring innovative ideas to our products while satisfying your own intellectual curiosity.
What you’ll do
- Design and implement a structured, scalable allocation framework for shared costs, ensuring alignment with organizational priorities.
- Develop and maintain allocation models based on usage, headcount, or other relevant drivers to ensure fair and accurate cost distribution, ensuring regional allocations are accurate, consistent, and aligned with organizational goals.
- Monitor, analyze and identify inefficiencies in the current cost allocation metrics and process and recommend improvements to streamline workflows.
- Partner with internal teams to automate allocation processes, ensuring repeatability and scalability.
- Develop and document standard operating procedures (SOPs) for cost allocation processes to ensure consistency and compliance.
- Provide detailed cost allocation models, methodologies, and insights to stakeholders and senior leadership, highlighting key trends, variances, and actionable insights.
- Support month-end close activities by ensuring all allocation entries are accurate and completed on time.
- Collaborate with the FP&A team to integrate allocation data into broader financial reporting and variance analysis.
- Act as the primary point of contact for cost allocation-related inquiries from budget owners, business leads, and other stakeholders.
- Partner with COOs to ensure alignment on allocation methodologies and financial goals.
- Support strategic initiatives such as the development of a location strategy to optimize per capita costs across the engineering organization.
- Collaborate with the Technology leadership team to identify and implement cost-saving opportunities, insights, and recommendations to improve financial decision-making and resource allocation across the organization.
What’s required
- Bachelor’s degree in finance, accounting, economics, business administration, or a related field.
- 5+ years of experience in financial planning and analysis (FP&A), cost allocation, or a similar role.
- Strong proficiency in financial modeling and advanced Excel skills (e.g., pivot tables, macros, data analysis).
- Experience with financial systems and tools.
- Familiarity with data visualization tools (e.g., Tableau, Power BI).
- Ability to analyze complex financial data and develop actionable insights.
- Ensure accuracy and consistency in cost allocation and reporting.
- Proactively identify and resolve inefficiencies in cost allocation processes.
- Strong ability to present financial data and insights to stakeholders, including senior leadership.
- Ability to work effectively with cross-functional teams to align allocation methodologies and financial goals.
- Demonstrated ability to manage multiple priorities and deliver results in a fast-paced environment.
- Commitment to the highest ethical standards
We take care of our people
We invest in our people, their careers, their health, and their well-being. When you work here, we provide:
- Fully-paid health care benefits
- Generous parental and family leave policies
- Mental and physical wellness programs
- Volunteer opportunities
- Non-profit matching gift program
- Support for employee-led affinity groups representing women, minorities and the LGBT+ community
- Tuition assistance
- A 401(k) savings program with an employer match and more
About Point72
Point72 Asset Management is a global firm led by Steven Cohen that invests in multiple asset classes and strategies worldwide. Resting on more than a quarter-century of investing experience, we seek to be the industry’s premier asset manager through delivering superior risk-adjusted returns, adhering to the highest ethical standards, and offering the greatest opportunities to the industry’s brightest talent. We’re inventing the future of finance by revolutionizing how we develop our people and how we use data to shape our thinking. For more information, visit www.Point72.com/working-here
The annual base salary range for this role is $250,000-$300,000 (USD) , which does not include discretionary bonus compensation or our comprehensive benefits package. Actual compensation offered to the successful candidate may vary from posted hiring range based upon geographic location, work experience, education, and/or skill level, among other things.
