What are the responsibilities and job description for the Director of Financial Planning & Analysis position at Augment Jobs?
Job Title: Director of Financial Planning & Analysis (FP&A)
Job Summary: The Director of Financial Planning & Analysis (FP&A) will lead the FP&A function, overseeing the development and execution of financial planning, forecasting, and analysis strategies. This executive role involves managing a team of FP&A professionals, providing high-level financial insights, and working closely with senior leadership to drive strategic decision-making and optimize financial performance.
Responsibilities
Job Summary: The Director of Financial Planning & Analysis (FP&A) will lead the FP&A function, overseeing the development and execution of financial planning, forecasting, and analysis strategies. This executive role involves managing a team of FP&A professionals, providing high-level financial insights, and working closely with senior leadership to drive strategic decision-making and optimize financial performance.
Responsibilities
- Develop and implement the FP&A strategy, aligning it with the organization’s overall business objectives and strategic goals.
- Lead and manage the FP&A team, including recruitment, training, performance management, and professional development.
- Oversee the preparation and execution of financial planning processes, including annual budgets, long-term forecasts, and strategic financial plans.
- Provide high-level financial analysis and insights, including variance analysis, trend analysis, and performance metrics, to support senior management and strategic initiatives.
- Collaborate with business units and senior executives to identify key financial drivers, address business challenges, and develop actionable strategies.
- Develop and maintain complex financial models to support budgeting, forecasting, and scenario analysis, ensuring their accuracy and relevance.
- Monitor financial performance, identify risks and opportunities, and recommend strategies to improve financial outcomes.
- Ensure the accuracy, consistency, and timeliness of financial reports and forecasts, delivering reliable information to stakeholders.
- Implement and enforce best practices for financial planning, reporting, and analysis, driving continuous improvement and efficiency.
- Stay current with industry trends, financial regulations, and best practices in FP&A and financial management.
- Manage FP&A-related budgets, resources, and vendor relationships effectively.
- Bachelor’s degree in Finance, Accounting, Business Administration, or a related field; Master’s degree or CPA preferred.
- Minimum of 12-15 years of experience in financial planning and analysis, finance, or accounting, with at least 7-10 years in a senior management or director-level role.
- Advanced proficiency in financial modeling, budgeting, forecasting, and financial analysis.
- Extensive experience with financial planning software and tools (e.g., Hyperion, Anaplan, Excel) and data visualization techniques.
- Proven track record of leading and managing FP&A projects and teams, delivering strategic insights and high-impact financial solutions.
- Exceptional analytical and problem-solving skills, with the ability to translate complex financial data into actionable recommendations.
- Strong communication and presentation skills, with experience presenting financial insights and strategies to senior executives and board members.
- Demonstrated leadership and team management abilities, including experience in mentoring and developing high-performing teams.
- In-depth knowledge of financial regulations, accounting principles, and best practices in financial planning and analysis.
- Ability to manage multiple high-priority projects and deliver results in a dynamic, fast-paced environment.
