The Financial Planning and Analysis (FP&A) function is responsible for supporting financial decision-making through budgeting, forecasting, financial analysis, and management reporting. Its primary objectives are to monitor financial performance, analyze variances and key business drivers, develop financial models, and provide insights that support strategic planning and operational decisions. Through collaboration with business units and management, FP&A helps optimize resource allocation, improve financial performance, and achieve the organization's strategic objectives.
- Budgeting and Forecasting: Participate actively in the budgeting process, performing preliminary forecasting based on historical data and trends.
- Variance Analysis: Conduct initial variance analysis, identifying and reporting on discrepancies, and suggesting potential improvements.
- Cost Analysis: Perform basic cost analysis, identifying straightforward opportunities for cost savings and efficiency improvements.
- Financial Modeling: Develop and maintain financial models, analyzing outcomes under guidance.
- Management Reporting: Prepare sections of management reports, including initial insights and key metrics analysis.
- Strategic Planning: Provide support for strategic planning initiatives, assisting with data collection and basic analysis.
- Financial Performance Monitoring: Monitor and report on financial KPIs and metrics, identifying trends and initial concerns.
- Ad-Hoc Analysis: Lead small ad-hoc analysis projects, delivering basic insights and recommendations.
Requirements
- Bachelor's degree in Finance or Accounting
- 3–5 years of relevant experience in FP&A