Head of Financial Planning and Analysis

Job Type

Full-time

Description

Head of Financial Planning and Analysis

Reports to: CFO

Classification: Full time, Exempt

JOB DESCRIPTION

Summary/Objective

The Manager of Financial Planning Analysis plays a crucial role in Expansion Capital Group's financial planning and analysis activities. This position is responsible for developing, analyzing, and interpreting financial information to support strategic decision-making, budgeting, forecasting, and overall financial performance evaluation. The FP&A professional collaborates with various stakeholders to provide actionable insights and recommendations that drive business growth and optimize financial outcomes.

Essential Functions

Financial Planning and Analysis:

• Develop and maintain financial models, forecasts, and budgets for the Company, incorporating historical data, market trends, and business objectives.
• Monitor execution of the strategic plan by conducting variance analysis to identify key drivers impacting financial performance and provide insights on revenue, expenses, and profitability.
• Monitor and report on key financial and operational metrics at both company and department level, highlighting trends, risks, and opportunities.
• Provide financial analysis and recommendations to support strategic initiatives, capital investments, and new product or market expansion.
• Lead ad hoc financial modeling and reporting for special projects.

Forecasted Financial Reporting and Presentations:

• Prepare accurate and timely forecasted financial reports, including monthly, quarterly, and annual financial statements.
• Present financial performance and analysis to executive team, highlighting key findings and actionable recommendations.
• Assist in the preparation of board materials, investor presentations, and other financial communication materials.

Business Partnering and Collaboration:

• Collaborate with cross-functional leadership teams, such as Sales, Operations, Analytics, and Accounting, to gather relevant financial and operating data to understand performance and provide insights and takeaways to keep financial performance and KPIs on plan.
• Partner with business leaders to develop financial forecasts and provide data-driven guidance on budgeting, cost control, and revenue optimization.
• Partner with technology team and broader organization to improve forecasting through automation and system optimization.
• Support strategic initiatives by providing financial analysis and scenario modeling.

Process Improvement and Systems Enhancement:

• Create internal processes for financial forecasts and budget to ensure consistency
• Continuously improve financial planning and analysis processes, methodologies, and tools to enhance efficiency and accuracy.
• Implement financial systems and software solutions to streamline reporting, budgeting, and forecasting processes.
• Ensure data integrity and data governance in financial systems and reporting.

Education and Experience

• Bachelor's degree in Finance, Accounting, Economics, or a related field (Master's degree preferred).
• At least 5 years of proven experience in financial planning and analysis, preferably in the lending industry.
• Experience using accounting software, such as NetSuite and NSPB financial systems; IFS Cloud; Microsoft Dynamics 365 Cloud, or Prophix required with preference on NetSuite and NSPB financial systems.
• Advanced knowledge of Excel, financial modeling software, and enterprise financial systems
• Strong financial modeling, forecasting, and analytical skills.
• Proficiency in financial analysis techniques, financial statement analysis, and financial performance metrics.
• Ability to use data mining and Business Intelligence tool such as SQL Server, MYSQL, Tableau, and Power BI is preferred, with preference on SQL Server and Tableau.
• Excellent communication and presentation skills, with the ability to interpret data and convey complex financial concepts to non-financial stakeholders.
• Strong business acumen and ability to understand the lending industry's dynamics and key drivers.
• Detail-oriented mindset with a focus on accuracy and data integrity.
• Ability to work independently and collaboratively in a fast-paced, deadline-driven environment. Experience with modeling statistical modeling software such as Python, R, SAS, etc. is a plus.
• Professional certification such as Certified Corporate Financial Planning & Analysis Professional is a plus.

Supervisory Responsibility

This position does not have any supervisory responsibility.

Work Environment

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

This is largely a sedentary role; however, some filing is required. This would require the ability to lift files, open filing cabinets and bending or standing on a stool as necessary.

Position Type/Expected Hours of Work

This is a full-time position, and hours of work and days are Monday through Friday, 8:00 a.m. to 5:00 p.m. Occasional evening and weekend work may be required as job duties demand.

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

Employee signature below constitutes employee's understanding of the requirements, essential functions and duties of the position.

Employee Date