Director, Office of the CFO Services

Director of Financial Planning & Analysis (FP&A)

The Director of FP&A will serve as a key leader within the finance department, responsible for overseeing all aspects of financial planning, reporting, data analysis, budgeting, forecasting, and cost management.

Supervisory Responsibilities:

• Inventory/Budget Analyst

Essential Job Responsibilities:

Financial Planning & Budgeting

• Lead the annual budgeting process, collaborating with key departments to ensure alignment with company objectives and operational goals.
• Oversee the development of long-term financial forecasts, providing strategic insights into future financial performance and business requirements.
• Prepare and maintain financial models to support business scenarios, investment strategies, and decision-making.

Financial Analysis & Reporting

• Drive monthly, quarterly, and annual financial reporting processes, including variance analysis, to assess financial performance.
• Assist in quarter and annual audits by producing accurate financial reporting and analysis.
• Create and maintain traceability, analysis, and accountability for auditors in regard to inventoried items.
• Remain current with GAAP specific to inventory costing and valuation.
• Develop performance metrics and KPIs for monitoring financial health, cost efficiency, and operational effectiveness.
• Communicate financial results and trends to senior leadership, making recommendations for corrective actions where necessary.

Cost Control & Profitability Analysis

• Lead efforts to monitor, analyze, and manage production costs, operational expenditures, and capital investments.
• Evaluate profitability by analyzing cost structures, product lines, and business segments to identify opportunities for margin improvement.
• Assist in the development and monitoring of cost-saving initiatives and efficiency improvements within the manufacturing process.

Business Partnering & Strategic Decision Support

• Provide financial analysis and support for strategic initiatives, capital projects, and operational improvements.
• Work closely with the sales team to run cost analysis to support pricing and profitability.
• Work closely with operations, sales, and supply chain teams to identify and mitigate financial risks, improve working capital, and optimize cost structure.
• Assist with financial due diligence, SEC reporting, quarterly 10-Q & annual 10-K.

Systems & Process Improvement

• Drive continuous improvements in financial processes, systems, and reporting tools to enhance accuracy, efficiency, and scalability.
• Partner with IT to ensure financial and business reporting processes and software align with evolving business needs and best practices.

Other Duties:

• Assist as needed with quarterly and annual audit analyses and processes.
• Knowledgeable of GAAP/SEC/SOX requirements.
• Responsible for relationship with Hyperion Planning.
• Maintain documentation of procedures supporting inventory accounting duties.
• Help train and develop team members to enhance quality and productivity.
• Perform other duties that may be assigned.

Physical Demands:

• This position requires sitting at a computer for extended periods.
• It also includes walking to other buildings on the farm.
• Lifting up to 20 pounds may be required on an occasional basis.

Working Conditions:

• Work is performed primarily in an air-conditioned office environment.

Qualifications:

• Bachelor's Degree with a major in Finance, Accounting, Business Administration, or a related field.
• Strong knowledge of GAAP/SEC/SOX requirements.
• Minimum of 10 years of progressive financial experience with at least 5 years in an FP&A leadership role, preferably within a manufacturing environment.
• Strong expertise in financial modeling, forecasting, and cost analysis.
• Deep understanding of manufacturing operations and cost structures.
• Proven track record of driving financial performance improvements and cost savings in a manufacturing setting.
• Experience with ERP systems (preferably Microsoft Dynamics) and advanced proficiency in Excel.
• Knowledge in Hyperion Planning and JET reporting is not required, but strongly preferred.
• Exceptional analytical, strategic thinking, and problem-solving skills.
• Excellent communication and presentation skills, with the ability to effectively interact with senior executives and cross-functional teams.
• Strong leadership skills with experience managing and developing a finance team.
• Ability to manage multiple priorities and deadlines in a fast-paced environment.
• Knowledge of manufacturing industry trends, financial regulations, and best practices.
• Able to perform the essential job responsibilities with or without reasonable accommodation.

Why Cyanotech?

At Cyanotech, we offer an inclusive and collaborative work environment where ideation and innovation are encouraged, and employees are empowered to contribute to our ongoing success. We are committed to developing leaders within our organization and providing opportunities for growth and advancement.