For employers looking to fill a Financial Planning & Analysis Manager vacancy, the following sample position description can help you to attract the best candidates for the role. By tailoring this position description according to your company's specific job requirements, you have an excellent interview tool for comparison purposes.
For job seekers looking for a Financial Planning & Analysis Manager role, this job description details what the role may involve and what skills and experience are required to give you the best chance of securing the position.
Typically reporting to a CFO or COO, the Financial Planning & Analysis (FP&A) Manager works closely with senior management to increase a company’s efficiency and profitability by assisting with the formulation of both the medium and long-term financial plan.
The FP&A Manager performs a wide range of duties that may include, but are not limited to:
Working closely with the leadership team to formulate the business's medium to a long-term financial and strategic plan
Work with Business Unit heads to build their annual budgets and forecasts
Producing models to project long-term growth and determine the impacting business factors
Delivery of competitor analysis, market trends and associated commentary to the Leadership team
Analysing financial and operational results to better understand company performance
Utilising BI tools to deliver meaningful insights into business performance
Communicate to senior management the reasons behind the product/department performance and results
Provide detailed analysis and commentary on cost centre results
Reviewing operations and recommending new productivity or cost-saving initiatives
Preparing business cases to support new investment, strategic and other business decisions
Reviewing existing processes and procedures to develop recommendations for improvement efforts
Evaluating previous budgets, and expenditures to develop and implement future budgets
Communicating results and recommendations to senior management for improvements that will lead to cost reduction, revenue generation and streamlining of operations
Provide insights to senior management around financial modelling, forecasts and profitability
Managing a team of Financial and Business Analysts
The more common skills and attributes that are needed for this role may include:
Minimum of 10 years of relevant analytical experience
Significant analytical skillset, including the utilisation of BI and reporting tools
Strong quantitative abilities
Able to solve complex problems
Excellent communication skills with the ability to build relationships
Strong influencing and interpersonal skills
High level of commercial acumen
Advanced computer software skills, including writing macros in Excel and other accounting packages
Professional qualifications such as CA or CPA or CFA
$120 -$200k + Super
For hiring managers ready to recruit a Financial Planning & Analysis Manager, download our job description template.
For job seekers who need to write or update their resume, download our resume guide and template.
Financial planning is the production of a long-term financial plan, generally 3-5 years of where the company is heading. This may involve looking at growth targets, expected shareholder return, market conditions, and financial modelling. The analysis looks at understanding how the long-term financial plans will be achieved.
Often you will have a background in management accounting or analytical roles and your demonstrated strong analytical skills will often be the entry point into this field.
Depending on the size of the company, an FP&A Manager will lead a team, they will often lead the planning process and will discuss the direction of the business and its long-term plans and delivery process with the organisation's leadership team. They will manage their team responsible for analysis such as the price of raw materials, staffing and marketing costs etc.
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