Financial Analysis Manager is responsible for financial planning and modeling. Manages the financial analysis projects and statistical studies. Being a Financial Analysis Manager provides key financial analysis and management reporting by managing various monthly reporting processes. Provides guidance on investment and project decisions. Additionally, Financial Analysis Manager requires a bachelor's degree. Typically reports to a director or top management. The Financial Analysis Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. To be a Financial Analysis Manager typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2024 Salary.com)
Title: Manager, Financial Planning & Analysis
Industry: Publicly held, 25M in revenue, global medical device manufacturing company.
Location: Marlborough, MA
Hybrid schedule: 2-3 days week in office
Why open: Newly created
Required:
5-10 years of FP&A experience
Pluses:
Manufacturing industry experience
Publicly held company experience
Global experience
ERP Systems skills
Info on job: This role will be the first dedicated FP&A hire reporting to the CFO. Person will help build out the FP&A function and put their stamp on it. Currently have a VP Finance/Controller and several accounting team members who handle GL & technical accounting/SEC reporting. This hire will be focused on budgeting, planning, forecasting, financial modeling, M&A due diligence etc. Will be an individual contributor so need to be very hands-on.
Job Description – Manager, Financial Planning & Analysis
The Manager, Financial Planning & Analysis position (the “Manager FP&A”) maintains ownership of the financial planning, forecasting, reporting, and analysis for the Company. The Manager FP&A is responsible for the overall annual operating plan (“AOP”) process and quarterly forecast cycles and will partner with the budget owners to develop and maintain detailed budgets and forecasts for their respective functions. The Manager FP&A will utilize financial and non-financial data sources including ERPs and Salesforce, among others, to identify and integrate financial and operational KPIs to drive business insights and actionable recommendations.
The initial focus will be the development of a process and cadence for periodic revenue forecast updates within each quarter that rely on pipeline data to track progress to achieve quarterly targets. The role will also be responsible for developing reporting that can integrate financial data from several financial sources to provide succinct yet complete views of financial performance against AOP or prior forecasts. Within the reporting responsibilities will be the development of revenue and pipeline reports, department spending reports, quarterly consolidated management reports, and Board level presentations.
The position will also have a key role in the potential implementation, integration, and/or migration of IT systems in the future to accommodate the growth and increasing complexity of Company. From time to time, the position will also have special projects and assignments such as acquisition due diligence and financial modeling for transactions or new business initiatives. This is a high-impact role that will offer substantial senior leadership exposure and the opportunity to impact strategic decision making in a growth environment. The ideal candidate has experience collaborating with leadership across all functions, can drive change management as a thought leader, sharing perspectives, best practices, and resources, and is an excellent communicator.
The skills you’ll bring include: