Joshua Zide
Teaneck,NJ
Summary
Experienced strategic finance professional with expertise spanning Accounting, Asset Management, Banking, Hedge Funds, Insurance, Real Estate, and Technology. Leads Corporate Treasury team through Recovery and Resolution cycles, and previously managed the Bank Financial Planning & Analysis (FP&A) team through quarterly Comprehensive Capital Analysis and Review (CCAR) forecast cycles, securing approvals from the Office of the Comptroller of the Currency (OCC). Provided strategic counsel for high-yield advisory accounts at Ernst and Young, significantly enhancing profitability. Renowned for optimizing technological processes, strong leadership skills, and deep industry knowledge across finance.
Overview
12
12
years of professional experience
1
1
Certification
Work History
Vice President – Corporate Treasury
MORGAN STANLEY
10.2023 - Current
- Executive Leadership and Strategic Risk Management in Resolution Forecasting
- Manage the strategic design, development, and implementation of Morgan Stanley's recovery and resolution plans, ensuring compliance with regulatory standards. Recognized by regulators for plans’ thoroughness and strategic foresight
- Spearhead the enhancement of the expanding U.S. Bank's recovery and resolution plans by collaborating with business units to develop advanced forecasting methodologies, resulting in more accurate and liquid resolution forecasts
- Collaborates with businesses, internal stakeholders, and regulators to enhance strategy and modeling; presents these improvements at key governance meetings to ensure alignment and transparency
- Financial Modeling Innovation for Crisis Resilience
- Developed and implemented advanced financial models to assess liquidity needs and optimize cash flow management during crisis scenarios, reducing potential liquidity shortfalls by 25% across multiple entities
- Integrated scenario management analysis into financial models to strengthen risk mitigation and enhance crisis resolution, improving performance and resilience
Vice President – Corporate FP&A
MORGAN STANLEY
02.2019 - 10.2023
- Executive Leadership and Team Development in CCAR Forecasting
- Managed the Bank FP&A team, fostering a collaborative and high-performance environment while delivering reporting to the CFO and stakeholders on KPIs, budgeting, quarterly forecasts, market trends, and business prospects
- Presents the annual budget and quarterly financial reviews to stakeholders and senior management; leads review and challenge sessions, Steering Committee meetings, and regulatory sit-ins
- Strategically navigated the complexity of integrating new products into the 2022 budget mid-season by adeptly aligning with business units and internal stakeholders to define business dynamics and expectations, swiftly integrating these forecasts into the bank's financial statement forecasts
- Promoted to Vice President during a critical team transition, assuming greater responsibilities and effectively building and managing a new team following a complete turnover
- Financial Planning, Modeling, and Process Innovation
- Identified key drivers influencing financial data across all budgets and CCAR cycles, providing critical insights to businesses and senior management to facilitate necessary financial forecast adjustments
- Enhanced various FP&A processes, including the integration of scenario management analysis into financial models and the design of an automated capital allocation method, leading to improved strategic decision-making across bank products
- Led the design and implementation of new technological software applications for FP&A, significantly boosting team productivity by 50% and enhancing the accuracy of deliverables
Manager – Financial Accounting Advisory Services
ERNST & YOUNG
11.2015 - 02.2019
- Strategic Business Development
- Implemented financial forecast strategies for clients in asset management, hedge funds, insurance and technology
- Prepared comprehensive monthly, quarterly, and annual reports, conducting margin, variance, and realization percentage analyses for a total engagement revenue of $500 million
- Spearheaded initiatives resulting in over $200 million in profitability improvement for FY 2018 margins on multiple accounts
- Created clear and concise book of business for Partners, highlighting key analytics
- Restructured revenue planning process, achieving highest fiscal year revenue totals for multiple accounts
- Financial Modeling and Optimization
- Led weekly partner meetings to strategize projection model development and optimize clients’ profitability
- Developed a Budget-to-Actual financial model that became the standard template for various clients
- Created discounted cash flow models to assess investment potential with new clients
- Business Operations and Market Insight
- Compiled data on market trends, economic conditions, and key competitors to provide tailored insights to clients
- Advised clients on automation solutions for streamlining finance and accounting processes
- Conducted effective liquidity management by proactively assessing risks and optimizing cash flows to ensure financial resilience and stability
Financial Analyst
MORSTAN INSURANCE AGENCY
12.2013 - 10.2015
- Diligently detected errors in quarterly tax statements for over 2000 clients, ensuring accuracy and compliance
- Facilitated month-end close activities including journal entries and general ledger maintenance
- Achieved 50% reduction in bank reconciliation time, greatly improving operational efficiency
- Maintained the highest profit margin in configuring inspection fees for FY15
- Prepared audit reports and work papers, contributing to quarterly audit updates and ensuring data accuracy
Education
Bachelor of Arts - Accounting
Queens College The City University of New York
Queens, NY12.2013
Skills
- TECHNOLOGY/SOFTWARE
- Microsoft Office (Excel, Power Point, Access, etc), Essbase, FDW, FPW, Oracle Hyperion, Power BI, SAP, TM1
- TECHNICAL SKILLS
- Activity Based Costing Analysis, Bank Institutional Securities, Budgeting, Business Advisory, Business Communications, Business Strategy, CCAR Stress Testing, Client Services, Commodities, Credit Ratings, Financial Advisory, Financial Modeling, Financial Planning, Financial Reporting, Financial Statements, Fixed Income, FP&A, GAAP Compliance, Growth and Revenue, Intersegment Economics, Investment Banking, Leadership, Managerial Finance, Net Interest Income Analysis, Operational Efficiencies, Process Improvement, Recovery and Resolution, Strategic Consulting, Technological Enhancements, Treasury, Wealth Management Services
Certification
CPA — Certified Public Accountant, New York State Board of Accountancy, 2017
Timeline
Vice President – Corporate Treasury
MORGAN STANLEY
10.2023 - Current
Vice President – Corporate FP&A
MORGAN STANLEY
02.2019 - 10.2023
Manager – Financial Accounting Advisory Services
ERNST & YOUNG
11.2015 - 02.2019
Financial Analyst
MORSTAN INSURANCE AGENCY
12.2013 - 10.2015
Bachelor of Arts - Accounting
Queens College The City University of New York