Senior Director/ Director of Financial Planning & Analysis (FP&A) - Software Business Unit
About The Position
We are seeking a highly skilled and strategic Director of Financial Planning & Analysis (FP&A) to join our dynamic team. This role is pivotal in driving financial performance, supporting strategic initiatives, and ensuring the financial health of our software SaaS business unit. The ideal candidate will have a strong background in financial planning and analysis, with specific expertise in the software industry. Responsibilities: Lead the financial planning, budgeting, and forecasting processes for the SaaS business unit. Develop and maintain financial models to support strategic decision-making. Analyze financial data and provide insights to senior management to drive business performance. Collaborate with cross-functional teams to align financial goals with business objectives. Establish reporting on key performance indicators (KPIs) and provide regular financial reports and insights. Implement best practices in financial analysis and reporting. Manage and mentor a team of financial analysts.
Requirements
- Bachelor's degree in Finance, Accounting, or a related field; MBA or CPA preferred.
- Minimum of 10 years of experience - a combination of accounting (financial reporting), and financial planning and analysis, and at least 3 years in a leadership role.
- Understanding of revenue recognition in a SaaS environment, including subscription-based models and deferred revenue, and industry KPIs
- Ability to analyze and manage costs related to software development, maintenance, technical and customer support.
- Proficiency in creating detailed budgets and forecasts that align with strategic goals.
- Skill in conducting variance analysis to compare actual financial performance against budgeted expectations.
- Advanced skills in building and maintaining financial models to simulate various business scenarios.
- Knowledge of key performance metrics specific to SaaS businesses, such as customer acquisition cost (CAC), lifetime value (LTV), churn rate, and monthly recurring revenue (MRR), Annual Recurring Revenue, Backlog, etc
- Ability to perform scenario planning to evaluate the financial impact of different business strategies and market conditions.
- Excellent analytical, problem-solving, and decision-making skills.
- Strong communication and interpersonal skills.
- Ability to work in a fast-paced, dynamic environment.
- Software Industry experience, required
Nice To Haves
- Experience in Power BI, SAP, Alteryx, Office 365.
- Experience using SAP for financial reporting, analysis, and planning.
- Industry experience in leading firms in legal eDiscovery preferred but not required.
Responsibilities
- Lead the financial planning, budgeting, and forecasting processes for the SaaS business unit.
- Develop and maintain financial models to support strategic decision-making.
- Analyze financial data and provide insights to senior management to drive business performance.
- Collaborate with cross-functional teams to align financial goals with business objectives.
- Establish reporting on key performance indicators (KPIs) and provide regular financial reports and insights.
- Implement best practices in financial analysis and reporting.
- Manage and mentor a team of financial analysts.
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What This Job Offers
Job Type
Full-time
Career Level
Director
Industry
Professional, Scientific, and Technical Services
