The Financial Planning and Analysis Manager is responsible for leading the company's financial planning, budgeting, forecasting, and performance analysis processes. Provides strategic financial insights to support management decision-making, ensures effective resource allocation, and drives business performance through accurate analysis, reporting, and financial modeling. Also acts as a key business partner across departments, aligning financial objectives with organizational goals and supporting both short- and long-term strategic initiatives.
Responsibilities:
1. Financial Planning & Forecasting
- Lead the annual budgeting, quarterly forecasting, and long-range planning processes across all business units.
- Develop robust financial models to support scenario planning, sensitivity analysis, and strategic initiatives.
- Partner with department heads to translate operational plans into accurate financial forecasts and performance targets.
2. Performance Analysis & Reporting
- Deliver timely and insightful management reports, highlighting key trends, risks, and opportunities.
- Analyze actual performance versus budget/forecast, explaining key variances and recommending corrective actions.
- Drive continuous improvement in reporting accuracy, efficiency, and visualization (e.g., dashboards, KPIs).
3. Strategic Business Partnering
- Act as a financial advisor to senior leadership, providing data-driven insights to support strategic decisions.
- Collaborate cross-functionally (Commercial, Operations, HR, Supply Chain) to align financial objectives with business goals.
- Evaluate investment opportunities, CAPEX projects, and new business initiatives through ROI and NPV analysis.
4. Process, Controls & Compliance
- Develop and enforce FP&A policies and procedures in alignment with company standards and accounting principles (IFRS/GAAP).
- Ensure compliance with internal controls, governance requirements, and audit recommendations.
- Streamline financial planning systems and processes to enhance efficiency and accuracy.
5. Team Leadership & Development
- Supervise and develop FP&A analysts to strengthen analytical capabilities and business understanding.
- Foster a performance-driven culture focused on accuracy, accountability, and continuous improvement.
6. Ad-hoc Analysis & Projects
- Support executive management with ad-hoc analysis for key strategic decisions and presentations (e.g., board decks, MBRs, investor materials).
- Lead financial integration or transformation projects, including ERP enhancements, cost optimization, and digital finance initiatives.
Key Requirements:
- Bachelor's degree in accounting, Finance, or a related field
- Minimum of 7 years of experience in finance or accounting, with minimum 5 years of experience in FPA
- CMA Certificate is a plus
- Strong analytical and problem-solving skills
- Knowledge of relevant accounting and financial regulations and standards, such as GAAP and IFRS
- Proficiency in financial analysis and modeling software and other relevant software, including Microsoft Excel, power BI
Measure of Success:
- Accurate and timely financial analysis and reporting
- Effective support for decision-making and strategic planning
- Effective communication with other departments
- Ability to maintain a high level of productivity while maintaining a high degree of accuracy
Key Challenges:
- Balancing the need for speed and efficiency with the need for accuracy and attention to detail
- Keeping up to date with relevant accounting and financial regulations and standards
- Managing competing priorities and deadlines
- Communicating effectively with other departments, including production and sales teams
- Maintaining a high degree of accuracy and attention to detail in a fast-paced environment
