What You’ll DoThe Director, Financial Planning and Analyst (FP&A) is responsible for assisting the CFO in directing and overseeing the company’s overall strategic financial efforts, including executing the financial strategy, plans, policies, and procedures for the organization through resources and a highly capable finance team. Develop/manage financial, accounting, and budgeting reports metrics, and processes within established timeframes. Assist in due diligence and integration activities.
Essential Duties:
- Partner with Newport’s CFO and Executive Leadership to manage FP&A staff to provide direct support to the regional operations management team for all finance, purchasing, and accounting needs.
- Provide periodic detailed financial projection updates, meet reporting timelines, and provide analytical support to the operations team.
- Implement and manage efficient and effective processes, including forecasting, budgeting, variance analysis, and reporting that meets Corporate Finance and operations timelines.
- Align resources and processes to update and maintain an enterprise planning application to support a rolling eight (8)-quarter forecast.
- Partner with operational leaders during annual budgeting process; direct the activities and timeline for finance staff, quality check assumptions, and financial projections; facilitate effective decision making, leverage 8-quarter rolling forecast process to efficiently generate the budget for operational business units, and meet Corporate Finance deadlines.
- Work closely with CFO, Controller, and FP&A team to calculate management and lender adjustments to EBITDA as part of the monthly reporting process.
- Provide explanations for material operational performance variances to Corporate Finance for monthly financial performance reporting to board of directors.
- Provide content, as requested by Corporate Finance, for quarterly board presentations. Coordinate with key stakeholders across the operation to gather content, perform edits to support schedules and slides, and ensure completion on or before Corporate Finance deadlines.
- Align team to partner with Corporate and Marketing functional leaders to monitor Corporate Resource center support for day-to-day operational effectiveness.
- Ensure capital investments follow policies, assist with managing the capital expense request process, and provide analytical support for larger investments to ensure an appropriate ROI
- Assist with vendor management and payment, and drive compliance with purchasing policies and budgeted expenses. Review new vendor contracts and negotiate contracts within authorized limits.
- Play an active role in the due diligence process for acquisition targets. Manage regional operations integration activities and ensure synergies are identified, tracked, and achieved.
- Identify, build plans, and hold teams accountable for achieving P&L targets and performance improvement objectives.
What Makes You a Great Fit
- BA in Finance, Economics, Accounting, or other quantitative area of study required.
- At least five (5) years’ financial management experience spanning forecasting, planning, business analytics, KPIs, M&A diligence, and integration.
- Experience and demonstrated ability to drive execution to keep key initiatives or processes on track.
- Possess the systems acumen to enhance, leverage and maintain forecasting, budgeting, and reporting applications.
- Experience in a Private Equity (PE) backed healthcare services business preferred.
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Additional DetailsPosition is in-office, Monday thru Friday, and offers comprehensive benefits & competitive compensation package.
