GENERAL STATEMENT OF RESPONSIBILITY: The Director of FP&A leads company-wide forecasting and budgeting and manages the costing department. This role partners with executive leadership, and business unit leaders to translate operating plans into financial results, improve profitability, and support strategic decisions. The Director is responsible for financial planning, performance reporting, cost analysis, and development of the FP&A and costing teams.
ESSENTIAL FUNCTIONS: - Own the annual budget, rolling forecasts, and long-range financial plan, including revenue, operating expenses, headcount, capital expenditures, working capital, and cash flow.
- Establish planning calendars, assumptions, templates, and review processes; coordinate business unit submissions, challenge assumptions, and consolidate plans for executive approval.
- Lead monthly financial performance reviews, explaining variances to budget, forecast, and prior periods; identify underlying drivers, risks, opportunities, and corrective actions.
- Prepare executive and board financial reporting, dashboards, and key performance indicators with clear commentary and recommendations.
- Oversee laboratory test and panel cost models covering reagents, labor, instrument time, consumables, and overhead; maintain cost standards and allocation methods that reflect operations.
- Partner with Accounting and Lab Operations to reconcile costing data to financial results, analyze cost and utilization variances, and improve model accuracy.
- Lead profitability analysis by business unit, customer, service, test, and panel; recommend actions on pricing, product mix, cost management, and resource allocation.
- Oversee financial support for pricing decisions, customer proposals, contracts, and new services, including margin targets and sensitivity analysis.
- Evaluate capital projects, strategic initiatives, and other opportunities using cash flow models, return analysis, and scenario planning; track results against approved business cases.
- Partner with department leaders to manage spending, staffing, productivity, and cost improvement initiatives while supporting service and operational requirements.
- Improve financial models, reporting tools, data quality, and planning processes; collaborate with Accounting and IT to automate recurring work and maintain consistent financial definitions.
- Lead, coach, and develop costing and pricing staff; set expectations, review analytical work, and build effective relationships across Finance, Operations, and Sales.
- Set department schedules and work assignments to expedite workflow.
- Establish and maintain department SOP's and ensure compliance.
- Be proactive in bringing ideas to management's attention to improve productivity, service, quality, policies and procedures, cost savings, and utilization of company resources.
- Continuously improve management skills through in-house training, self-study methods, and other available training resources.
- Carry out supervisory responsibilities in accordance with CRL's policies and applicable laws.
- Ensure concerns are raised to the appropriate level of management
- Maintain and protect the confidentiality of all CRL, CRL subsidiaries, legal entities, and client information.
- Be able to comply with applicable federal, state, and local safety and health regulations that would apply to this job.
Other duties as assigned
JOB QUALIFICATIONS:EDUCATION: A Master's, or bachelor's degree in Finance, Accounting, Economics, or a related field. CPA or CMA preferred.
EXPERIENCE: - 8 years of progressive experience in FP&A, budgeting, forecasting, or related financial roles.
- 3 years supervisory experience.
- Experience in a laboratory, healthcare, other complex service or manufacturing preferred.
SKILLS & ABILITIES:- Demonstrated ownership of companywide planning processes and experience with cost accounting and profitability analysis
- Advanced financial modeling and Excel skills, with experience developing integrated forecasts and evaluating financial and operational drivers.
- Strong understanding of cost accounting, cost allocation, standard costing, and the relationship between operating activity, margins, and financial results.
- Experience with ERPs, budgeting and forecasting systems, and business intelligence tools; Power BI experience preferred.
- Ability to translate complex financial information into clear recommendations for executives and non-financial business leaders.
- Strong leadership, coaching, and project management skills, with the ability to hold teams accountable and manage competing deadlines.
- Sound business judgment, attention to detail, and ability to challenge assumptions constructively while building cross-functional relationships.
- Ability to work with incomplete or decentralized data and establish reliable, repeatable processes.
- Ability to be at work and on time
- Ability and judgment to interact and communicate appropriately with other employees, clients and management
PHYSICAL REQUIREMENTS: The physical demands described here are representative of those that must be met to successfully perform the essential functions of this job. Reasonable accommodations may be available to enable qualified individuals with disabilities to perform the essential functions.
This position requires the necessary physical attributes for office work such as:
- Sitting for extended lengths of time
- Close vision requirements due to computer work
- Repetitive use of hands, fingers, wrists and elbows for operating a computer and telephone
- Light lifting, up to 10 pounds
EQUIPMENT: PC and communications equipment.
OTHER: Work outside normal hours, including weekends may be required; some travel for training and seminars may be necessary.
The employer shall, in its discretion, modify or adjust this position to meet the company's changing needs.
This job description is not a contract and may be adjusted as deemed appropriate in the employer's sole discretion.
- denotes essential job function
Pay Range: $95,000 - $230,000
Benefits for Full Time Employees:- Medical, Dental, Vision
- Life/AD&D
- Supplemental Life/AD&D
- Section 125 FSA Plan
- 401(k)
- Short and Long-Term Disability
- Paid Time Off
- Holidays
- Tuition Reimbursement
