What are the responsibilities and job description for the Director of Financial Planning and Analysis position at RED Digital Cinema?
RED Digital Cinema, a Nikon Group company, is a leading manufacturer of professional digital cameras. RED's modular camera system and groundbreaking image quality are by far the best on the market today! Started by Jim Jannard (founder of Oakley), RED continues to break ground with new products like KOMODO and V-RAPTOR. RED was used for major productions like The Queen's Gambit, The Social Dilemma, My Octopus Teacher, The Suicide Squad, The Morning Show, Russian Doll, Squid Game, Matrix, Red Notice, and Mank. In addition, RED has been selected as the camera of choice in 3 major productions, winning 2 Oscars and 3 Emmys in the cinematography category. This is an exciting time for RED, and we are growing!
JOB DESCRIPTION
The Director of Financial Planning & Analysis will report to the CFO and will play a key role in supporting decision-making across the enterprise while leading product margin, pricing and mix analysis. This role will partner with all departments across our global organization to evaluate product pricing and operational expenses to enhance profitability. The director will be responsible for driving consensus on unit production, sales and backlog planning and the resulting financial forecast. Additionally, the Director will be responsible for the annual and long-term (5 year) budgeting process and be responsible for the development of the key result measure for the organization.
Responsibilities
- Develop key performance metrics and data reporting strategies to provide critical information.
- Evaluate trends, model future behavior, and forecast to provide insightful analyses to help drive business activities toward achieving financial goals.
- Responsible for corporate budgeting and forecasting, including monthly forecasts, annual budget, and key performance measures.
- Prepare and maintain various models behind internal budgets and forecasts.
- Prepare management reports emphasizing operational / financial performance metrics, budgets, forecasts, and forward-looking trends.
- Analyze budget to actuals with various department heads.
- Perform financial analyses to support major initiatives and investment decisions.
- Participate in strategic planning.
- Manage the monthly, quarterly, and annual forecasting processes.
- Prepares in collaboration with the accounting team, monthly reporting packages that include full financial statements, key performance indicators, key business trends, actual vs budget variances, actual vs forecast variances and comprehensive explanations of key differences for the operations team.
Requirements