Essential Duties and Responsibilities: • Financial Planning and Forecasting: Developing and maintaining financial models to aid in budgeting, forecasting, and long-term strategic planning. This involves analyzing historical data, market trends, and operational metrics to predict future performance. • Budgeting and Variance Analysis: Assisting in the annual budgeting process by working closely with department heads to establish financial targets and objectives. Monitoring actual performance against budgeted targets and identifying variances, providing insights into the reasons behind discrepancies. • Management Reporting: Generating regular and ad-hoc financial reports for senior management, providing key insights and analysis to support decision-making. Presenting complex financial information in a clear and concise manner. Capital project evaluation, allocation and auditing • Financial Analysis: Conducting in-depth analysis of financial and operational data to identify trends, opportunities, and areas for improvement. This may involve profitability analysis, cost-benefit analysis, pricing analysis, and other financial assessments. • Forecasting and Scenario Analysis: Creating financial forecasts based on various scenarios and assumptions to evaluate the potential impact of different business decisions. Providing recommendations to management based on these analyses. • Business Partnering: Collaborating with other departments such as sales, marketing, operations, and HR to understand their financial needs and provide analytical support. Acting as a trusted advisor to business stakeholders, offering insights to drive performance improvement. • Process Improvement: Identifying opportunities to streamline financial processes, improve efficiency, and enhance the quality of financial reporting and analysis. Implementing best practices and recommending changes to existing procedures. • Risk Management: Assessing financial risks and supporting the development of strategies to mitigate them. This may involve evaluating currency risk, interest rate risk, credit risk, and other financial exposures. • Regulatory Compliance: Ensuring compliance with financial regulations and accounting standards, such as GAAP (Generally Accepted Accounting Principles) and SEC (Securities and Exchange Commission) requirements. Providing support during audits and financial reviews. • Team Leadership: Mentoring and guiding junior members of the FP&A team, providing training and support to help them develop their skills and expertise.
Ideal Candidate Will Have:
Education
Bachelor's degree in finance, accounting, economics, or a related field
Professional certifications such as CFA (Chartered Financial Analyst) or MBA (Master of Business Administration) will be advantageous
Experience
Five to seven years of experience in financial analysis and planning
Other Required Knowledge, Skills, and Abilities
Strong analytical skills
Attention to detail
Proficiency in financial modeling and data analysis tools (such as Excel, PowerPoint, and financial planning software)