What are the responsibilities and job description for the Manager of Financial Planning and Analysis position at Acara Solutions?
Seeking a Manager of Financial Planning & Analysis (FP&A) to join our client. This position plays a crucial role by performing budgeting, forecasting, and analysis that supports major corporate decision of the CFO, CEO and the Board of Directors. FP&A utilizes both quantitative and qualitative analysis of all operational aspects of the organization in order to evaluate company progress toward achieving its goals and to map out future goals and plans. FP&A considers economic and business trends, reviews past company performance and attempts to anticipate obstacles and potential problems, all with an eye toward forecasting the organization's future financial results. FP&A oversees a broad array of financial affairs, including income, expenses, taxes, capital expenditures, investments and financial statements. FP&A is charged with examining, analyzing and evaluating company financial activities and mapping out the financial future. They provide upper management with analysis to most effectively utilize organizational resources to increase profitability and grow the company at an optimal rate while avoiding financial risk.
Major Responsibilities:
• Evaluating whether current assets and investments are the best use of organizational excess working capital by looking at return on investment (ROI) and comparisons with other ways to utilize its cash flow. • Gauging overall financial health primarily by using key financial ratios such as the debt-to-equity, current ratio and interest coverage ratio.
- Determine which products or product lines generate the largest portion of organizational net profit.
- Identify which products have the highest to lowest profit margins.
- Examining and evaluating the cost-efficiency of each department, considering what percentage of financial resources each department consumes.
- Working with individual departments to prepare budgets and consolidate them into one overall corporate budget.
- Preparing internal reports for executive leadership and supporting their decision making.
- Creating, updating and maintaining financial models and detailed forecast of future operations.
- Comparing historical results against budget and forecast and performing variance analysis to explain differences in performance and to make improvements going forward.
- Considering opportunities for the company to expand or grow, mapping outgrowth plans including capital expenditures and investments. Generating three-to-five-year financial forecasts.
- Perform due diligence and evaluate acquisition targets and model future operations.
- Prepare lender report tracking debt covenants and compliance.
Target salary range $125-150K depending on experience
Required Skills / Qualifications:
- BS in Accounting or Finance with a CPA or CMA and an MBA.
- Minimum of 10 years in progressive accounting and or finance experience.
Preferred Skills / Qualifications:
- Capable of handling and intelligently analyzing a mountain of different types of data and data evaluation metrics.
- Good problem solver capable of decoding the various puzzle pieces that constitute finances and envision putting the pieces together to formulate a variety of possible growth scenarios.
- Good math skills coupled with developed Excel skills
Aleron companies (Acara Solutions, Aleron Shared Resources, Broadleaf Results, Lume Strategies, TalentRise, Viaduct, and Aleron's strategic partner, SDI) are Equal Employment Opportunity and Affirmative Action Employers. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity, sexual orientation, national origin, genetic information, sex, age, disability, veteran status, or any other legally protected basis. The Aleron companies welcome and encourage applications from diverse candidates, including people with disabilities. Accommodations are available upon request for applicants taking part in all aspects of the selection process.
Applicants for this position must be legally authorized to work in the United States. This position does not meet the employment requirements for individuals with F-1 OPT STEM work authorization status.
Salary : $125,000 - $150,000
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