Reporting to the Director of Finance, the Financial Planning & Analysis Manager is responsible for financial analysis and reporting for corporate functions and completing ad hoc financial analysis. This individual will lead the Company’s financial quarterly forecast, annual budgeting process, operating plan variance analysis and special projects. The FP&A Manager will provide financial consulting and strategic support to executive management including preparing Board presentations, financial presentations, capital expenditure analysis, industry/peer group comparisons, and other projects requested by executive management. The role requires the ability to work effectively under tight deadlines, extreme attention to detail, and perform consistently accurate, high quality financial analysis.
Essential Job Functions
- Conduct analyses and reporting for corporate functions including, monthly financial analysis, reforecasting, variance analysis, pipeline analysis, and graphical summaries of business product lines financial performance.
- Support corporate consolidation analyses and reporting, including annual corporate budgeting process
- Corporate functions planning and forecasting as part of annual corporate-wide planning processes
- Ad-Hoc Reporting and Analysis
- Manage or perform periodical or ad hoc financial data analysis, queries, reconciliations and reports as needed from executive management or to satisfy external client or audit requests;
- Support initiatives targeted at financial processes improvement and the implementation of changes to achieve efficiencies and the company’s objectives in financial reporting and analysis
- Analyze current and past trends in key performance indicators for existing product lines and services
- Create profitability models for new and existing product lines and services
- Monitor performance indicators, highlighting trends and analyzing causes of unexpected variance
- Oversee and manage the continued development of Budgeting, Financial Forecasting, Operating Plan and Modeling tools
Specific Tasks
- Quarterly and Monthly Financial reports
- Work with the Company’s core financial system and Cognos reports
- Improve performance by evaluating processes to drive efficiencies and understand ROI in new and existing product lines and services
- Develop financial models and analyses to support strategic initiatives
- Analyze complex financial information and reports to provide accurate and timely financial recommendations to management for decision making purposes
- Supporting Executive team and Senior Management Departments heads with in-depth analysis
- Prepare presentations for the Board of Directors and Executive Team
- Maintains general ledger accounts and monitors all entries to those accounts.
- Other tasks as requested
- Bachelor’s Degree in Accounting or Finance; MBA highly preferred
- 5+ years experience as a Manager or Director of Financial Planning and Analysis or equal experience in similar areas in the Banking/Financial Services Industry
- Prior accounting experience commensurate with the above Job Functions and Tasks
- Strong analytical skills
- Strong planning, organizing and time management skills, with the ability to prioritize work and meet deadlines
- The ability to learn and operate numerous software applications related to the function
- Thorough knowledge of financial accounting and regulatory reporting concepts
- Sound understanding of internal control methods
- Ability to write precisely and concisely
- Ability to influence and work in a support role