Director of Financial Planning and Analysis

Finatal is Partnered with a Top Tier Private equity firm in search of a Director of Financial Planning & Analysis for one of their portfolio companies.

The Business:

The Business is a leading IT managed services provider (“MSP”) and global cloud technology consulting firm with total revenues north of $100 million. The Company is focused on serving mid-market customers, helping them strategize, transform and manage their technology and digital strategy. The Company leverages a hybrid global delivery model that uses U.S., near-shore, and offshore resources. The Company is headquartered in Irvine, CA; with offices in Denver, CO and Boise, ID. and has ~900 total FTEs across the globe. In a continued effort to support the Business’ strategic growth initiatives and further develop a systematic and scalable finance & accounting foundation with advanced analytical capabilities, the Company is looking for a strategic-minded, systems-oriented, hands-on, and proven financial professional to fill the role of Director, Financial Planning & Analysis, who will oversee the Company’s FP&A function and report directly to the Chief Financial Officer.

The Position:

The Director of FP&A will play a pivotal role overseeing the Company’s budgeting, forecasting and financial modeling e􀆯orts, partnering with senior leadership to align financial plans with tactical goals across the organization. The role will also be responsible for managing the Company’s financial reporting cadence, both internally and externally, with a focus on automating outputs to drive greater accuracy and efficiency. The ideal candidate is a strategic thinker with a proven track record in financial management and leadership. This is a great opportunity to become an impact-driven leader in the organization working with the Company’s leadership team and private equity sponsor to help develop enhanced reporting capabilities and drive key strategic initiatives creating long-term enterprise value for the Company.

Responsibilities:

• Lead the development / management of the company’s long-term financial strategies, business plans and annual budgets
• Work closely with senior management to align financial goals with organizational objectives and create corresponding KPIs / scorecards to measure progress
• Oversee the preparation and management of the Company’s financial forecasts, ensuring they reflect realistic assumptions and business performance
• Manage the creation of detailed budgets and track performance against the budget
• Develop a forecasting cadence to provide up-to-date visibility for the Company on a forward monthly rolling basis
• Analyze data and provide business recommendations based on data Management Reporting & Analysis
• Drive process enhancements to improve the efficiency and accuracy of financial reporting and analysis

• Create standardized / automated KPI reporting focused on both trending

results and forward-looking indicators, such as:

• Weekly utilization reporting
• Booking and sales performance summaries
• MRR customer level trends
• Net revenue retention
• Bill rates / pay rates by geography
• Revenue pipeline forecasting
• Qualified leads / close rates
• Backlog trends

• Monitor and manage cash flow through maintaining a forward forecast to ensure the business optimizes liquidity for operations and growth initiatives.
• Manage and enhance required reporting for the Company’s private equity partner, board of directors and lenders, including:
• KPI flash reporting for weekly / bi-weekly distribution
• Monthly financial reporting on a timely basis
• Lead efforts on creation of quarterly board of directors’ presentations
• Mentor and develop a high-performing FP&A team, fostering a culture of excellence and continuous improvement

Qualifications:

• Bachelor’s Degree in Business, Finance or Accounting from an accredited college or university; MBA or CPA preferred
• 5-10 years of progressive experience in financial planning and analysis, with at least 3-5 years of experience in a leadership role
• Expert-level proficiency in financial modeling, forecasting and data analysis tools
• (i.e. – Excel, FP&A planning software, data visualization, ERP systems). Experience with NetSuite and/or Service Now, and implementing Business Intelligence software a plus
• Strong understanding of accounting principles and financial statement analysis
• Exceptional leadership, communication and presentation skills. Possess an advanced executive level presence
• Ability to thrive in a fast-paced, entrepreneurial, dynamic environment and manage multiple priorities. Be a self-starter to push along key initiatives, as required