As an FP&A Manager (Financial Planning and Analysis Manager), you play a vital role in driving the company's financial performance and ensuring its financial health and success. You will oversee financial planning, budgeting, forecasting, and analysis activities to provide valuable, data-driven insights that support strategic decision-making within cross-functional teams, including international collaboration, and senior management.
This role is based in Troy, OH and requires occasional travel to our various Novacel Inc. Americas facilities (10% - 20%).
FP&A Manager Role & Responsibilities
Financial Planning: Developing and managing the financial planning process, including annual budgets, long-term strategic plans, and financial projections.
Budgeting: Collaborating with department heads to create detailed budgets that align with the company's strategic objectives. Monitoring actual performance against budgeted targets and analyzing variances.
Forecasting: Preparing regular financial forecasts to predict future performance based on current trends and expected changes in the business environment.
Financial Analysis: Analyzing financial data and key performance indicators (KPIs) to identify trends, patterns, and opportunities for improvement.
Business Performance Reporting: Providing timely and accurate financial reports and insights to senior management and stakeholders. Presenting findings and recommendations to support decision-making.
Cost Analysis: Conducting cost-benefit analyses and cost allocation studies to optimize resource allocation and improve cost efficiencies.
Financial Modeling: Building and maintaining financial models to support scenario analysis, investment decisions, and strategic planning.
Risk Assessment: Assessing financial risks and opportunities, and developing risk mitigation strategies.
Strategic Support: Collaborating with business units and senior management to align financial strategies with overall business objectives.
Variance Analysis: Explaining financial performance variations from forecasts and budgets, identifying root causes, and recommending corrective actions.
Financial Systems Management: Overseeing and optimizing the use of financial software and systems to ensure accurate and efficient financial reporting and analysis.
Other tasks as assigned.
FP&A Manager Qualifications
KNOWLEDGE: A minimum of (5) years of experience in financial analysis, budgeting, and forecasting, with a Bachelor's Degree in Accounting or related discipline; with manufacturing experience. Or a combination of education and experience that illustrates a proven track record in this field is preferred.
SKILLS:
In-depth knowledge of financial principles, accounting practices, and financial reporting standards (e.g., GAAP). (Required)
Demonstrated leadership and analytical abilities to facilitate rapid problem resolution in a team environment. (Required)
Experience in developing budgets and financial forecasts, as well as monitoring and reporting on budget performance. (Required)
Proficiency in financial modeling and scenario analysis is highly valued as it aids in strategic planning and assessing the impact of various business decisions. (Required)
Advanced proficiency in spreadsheet software (e.g., Microsoft Excel) is essential for financial modeling, data analysis, and creating reports. (Required)
Familiarity with financial planning software or enterprise resource planning (ERP) systems. (Preferred)
Knowledge and experience with continuous improvement techniques such as Lean Enterprise, Kaizen, etc. (Preferred)
A solid understanding of the company's industry, market dynamics, and competitive landscape is essential for providing relevant financial analysis and recommendations.
The ability to thrive in a fast-paced and dynamic business environment, with a willingness to embrace change and uncertainty.
Proven experience with Process Improvement and Process Development.
Excellent communication, oral, written, and interpersonal skills.
Work Environment ...
Constant standing, walking, repetitive motions, and eye/hand/foot coordination.
Frequent lifting/carrying 50lbs - 75lbs, climbing, balancing, heights, stooping, kneeling, crouching, crawling, reaching, handling, grasping, and feeling.
If interested in the Financial Planning and Analysis Manager role, Apply Now!