Job Description

Job Title: Director of Financial Planning and Analysis

Job Summary: As the FP&A Director, you will lead the financial planning, budgeting, forecasting, and strategic analysis functions within the organization. This pivotal role involves providing senior management with insights into financial performance, driving business decisions through data-driven analysis, and overseeing financial reporting processes. You will collaborate cross-functionally with departments to optimize financial strategies, support operational efficiencies, and contribute to the achievement of organizational goals.

Roles and Responsibilities:

1. Financial Planning and Forecasting:

   • Develop and oversee the annual budgeting process, working closely with department heads to align financial goals with strategic objectives.
   • Lead the preparation of long-term financial forecasts, scenario analysis, and sensitivity modeling to support strategic planning and decision-making.

2. Financial Analysis and Reporting:

   • Provide insightful analysis of financial results, variance analysis against budgets and forecasts, and key performance indicators (KPIs) to senior management and stakeholders.
   • Prepare comprehensive financial reports, dashboards, and presentations for executive management, board of directors, and investors, highlighting financial trends, risks, and opportunities.

3. Strategic Planning and Business Partnership:

   • Partner with business leaders to assess financial implications of business strategies, investments, and operational initiatives.
   • Conduct profitability analysis, cost-benefit analysis, and financial modeling to evaluate strategic alternatives and drive informed decision-making.

4. Performance Management and KPI Tracking:

   • Establish and monitor key financial metrics, KPIs, and performance targets to measure business performance and drive continuous improvement.
   • Implement performance management frameworks, dashboards, and scorecards to track progress against financial and operational goals.

5. Cross-functional Collaboration:

   • Collaborate with departments such as Sales, Operations, and Marketing to understand business drivers, trends, and challenges, and integrate financial insights into operational planning and decision-making processes.
   • Serve as a strategic partner and trusted advisor to senior management, providing financial guidance, scenario analysis, and strategic recommendations.

6. Financial Systems and Process Improvement:

   • Lead initiatives to enhance financial planning tools, systems, and processes to streamline budgeting, forecasting, and reporting capabilities.
   • Drive continuous improvement in financial processes, automation of routine tasks, and implementation of best practices in FP&A operations.

Skills Required:

• Financial Analysis: Strong analytical skills with proficiency in financial modeling, forecasting techniques, and financial statement analysis.
• Business Acumen: Strategic thinker with a deep understanding of business operations, market dynamics, and financial implications of strategic decisions.
• Communication: Excellent interpersonal and communication skills to present financial information clearly and concisely to non-financial stakeholders and senior executives.
• Leadership: Proven leadership experience in managing teams, fostering a collaborative work environment, and driving results in a dynamic business environment.
• Problem Solving: Ability to identify business challenges, analyze data, and develop actionable recommendations to address financial and operational issues.

Education and Experience:

• A Bachelor's degree in Finance, Accounting, Business Administration, or a related field is typically required; advanced degrees (e.g., MBA, Master's in Finance) may be preferred.
• Significant experience (typically 8-10 years) in financial planning and analysis, corporate finance, or strategic financial management roles, with progressive responsibility and leadership experience.
• Professional certifications such as Certified Financial Analyst (CFA), Certified Public Accountant (CPA), or Chartered Financial Management (CFM) may be advantageous.

Compensation:

• The compensation package for an FP&A Director typically includes a competitive base salary, performance-based bonuses tied to financial performance metrics, and potentially stock options or equity incentives.
• Additional benefits such as health insurance, retirement plans, and professional development opportunities may also be provided based on the employer's policies.

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