DescriptionJob Summary: The Lead FP&A role is responsible for driving the organization's short- and long-term financial planning, budgeting, and forecasting processes while ensuring strong alignment between corporate strategy and operational execution. This position develops and maintains advanced financial and analytical models, conducts in-depth variance and profitability analyses, and evaluates capital allocation, investment opportunities, and overall financial health. The Lead FP&A professional provides strategic insights through comprehensive financial reporting, risk assessment, and performance analysis, supporting executive-level decision-making.
RequirementsResponsibilities: FP&A
- Lead the organization's short- and long-term financial planning, budgeting, and forecasting processes.
- Enhance the finance department's ability to manage performance by linking corporate strategy to execution.
- Collaborate with cross-functional teams to gather relevant information for financial analysis.
- Create, update, and maintain financial models and detailed forecasts, measuring potential impacts on financial growth.
- Develop and maintain analytical models to forecast company performance, supporting budgeting, forecasting, and strategic planning.
- Prepare ad-hoc financial analyses and reports as needed to support decision-making.
- Compare historical results against budgets and forecasts and perform variance analysis, explaining performance drivers and recommending improvements.
- Collect, analyze, and interpret financial data to support business decisions, leveraging statistical techniques where applicable.
- Gauge the organization's financial health using key financial ratios (e.g., debt-to-equity, profitability metrics, variance reports, and financial statements).
- Determine which products or product lines generate the largest portions of profit through profitability and margin analysis.
- Perform financial analysis on cash flow, operating results, and business plans to determine rates of return and capital/cash flow requirements.
- Perform variance and root-cause analysis.
- Prepare and analyze financial statements, including income statements, balance sheets, and cash flow statements.
- Continuously improve financial processes and systems to enhance efficiency and accuracy.
- Evaluate whether current assets and investments represent the optimal use of capital.
- Evaluate investment opportunities, mergers, and acquisitions, assessing financial feasibility and providing recommendations.
- Identify financial risks and develop strategies to mitigate them.
- Prepare internal financial reports and insights for executive leadership.
- Present financial findings to stakeholders, including management and investors.
- Monitor industry trends, competitor performance, and macroeconomic conditions to assess potential impacts on financial position.
- Ensure compliance with relevant financial regulations and reporting standards.
- Serves as the first escalation point for both internal team members and engage upper management when necessary.
Team Lead
- Serves as team lead for the Financial Analyst teamP&A team resources and processes.
- Acts as the strategic and tactic point of contact for the FP&A function, handling requests and escalations.
- Assists analysts by providing daily work direction and/or task management to other FP&A resources.
- Provides coaching and training to other FP&A resources to build overall team skillset and performance.
- Analyzes and collects data and provides feedback to management on process improvements and areas of concern and assist in the execution of enhancements.
ExperienceKnowledge, Skills, and Abilities: - Strong oral and written communication skills
- Effective time management and multi-tasking skills
- Maintains the ability to stay organized and be detail-oriented
- Demonstrates a passion for solving problems or helping others and take the initiative in driving continuous improvement/execution excellence
- Demonstrates ability to adapt to stakeholders financial understanding and needs to build strong relationships in the budgeting and forecasting processes.
- Exceptional organizational skills, including the ability to self-manage and multi-task effectively and accurately in a fast-paced and dynamic environment
- Deep understanding of financial planning, budgeting, forecasting, and corporate finance principles
- Strong knowledge of financial statements, GAAP, key financial ratios, and financial performance metrics
- Familiarity with regulatory financial reporting standards and compliance requirements
- Demonstrates ability to analyze data and make informed decisions
- Strong presentation skills both in-person and virtually using Microsoft Teams
- Demonstrates ability to motivate, build trust, mediate conflict, and maintain fairness within a team
- Deep understanding of team processes, tools, and deliverables
- Knowledge of performance management and coaching methods
Experience: - Bachelor's degree in related discipline or equivalence of professional work
- 4+ years of relevant experience in Financial Planning & Analysis
- Experience of FP&A including budgeting, forecasting and management reporting in an growing, multi-national business
- Experience of automation and use of appropriate tools
- Experience in manager or at minimum. leading/directing others in day-to-day tasks.
Certificates, Licenses, Registrations: - ACA/ACCA/CIMA/CPA or equivalent professional accounting qualification
Compensation PackageITS offers a full benefits package, including:
- Rich Medical and prescription plans
- Dental & Vision
- Paid Holidays and Flexible Paid Time Off
- 401K/401K Roth with Safe Harbor matching
- Stock Appreciation Rights
- Company-paid life insurance, long-term and short-term disability insurance
- Company-paid mental health support & financial wellness services
- FSA for medical and dependent care
- HSA option with compatible medical plan
- Company-paid training, materials, and exams
- Performance-based bonuses
