Financial Planning and Analysis Director
About The Position
The FP&A Manager is responsible for the Bank’s financial planning, budgeting, forecasting, management reporting, profitability analysis, and financial decision-support functions. The position serves as a key financial partner to the CFO, executive management, and business line leaders by translating financial information into meaningful analysis and actionable insights. The FP&A Manager leads the development of the Bank’s financial forecasts and provides analysis regarding financial performance, growth opportunities, resource allocation, and strategic initiatives. The role leads and manages the FP&A function and the Bank’s annual budgeting and financial planning process. It maintains rolling forecasts and longer-term strategic projections, analyzes performance against budgets and objectives, and develops financial models, reports, dashboards, and decision-support analyses. The position partners with Treasury, Accounting, business leaders, and the CFO on financial and strategic matters. The position is based in an air-conditioned office environment. Consistent and timely attendance is required. Physical demands include sitting for extended periods; walking, standing, bending, squatting, twisting, and reaching; simple grasping and fine manipulation; extended keyboarding; and lifting up to 25 lbs.
Requirements
- Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or a related field.
- Eight to ten years of progressive experience in financial planning and analysis, banking finance, accounting, treasury, or a related field.
- Demonstrated experience with budgeting, forecasting, financial modeling, variance analysis, and management reporting.
- Strong understanding of bank financial statements, balance sheet management, net interest margin, profitability, and key banking performance metrics.
- Advanced proficiency in Microsoft Excel and experience with financial reporting, budgeting, or data visualization systems.
Nice To Haves
- MBA or master’s degree in Finance, Accounting, Business Administration, or a related field.
- CPA, CFA, or other relevant professional designation.
- Previous experience in the banking or financial services industry.
- Prior supervisory, management, or team leadership experience.
- Experience preparing financial reports and presentations for executive leadership or a Board of Directors.
Responsibilities
- Lead and manage the FP&A function, including staffing, development, performance management, and succession planning.
- Lead the Bank’s annual budgeting and financial planning process.
- Maintain rolling financial forecasts and longer-term strategic financial projections.
- Analyze actual financial performance relative to budget, forecast, prior periods, and strategic objectives.
- Identify and communicate significant financial trends, variances, risks, and opportunities.
- Develop management reporting for the CFO, executive management, business line leaders, and Board of Directors.
- Coordinate preparation of financial portions of Board and management reporting packages.
- Develop and maintain financial models supporting strategic planning and decision-making.
- Develop profitability reporting by business line, product, branch, customer, and relationship as capabilities mature.
- Support loan and deposit pricing analysis and other financial decision-support activities.
- Partner with business leaders to establish financial objectives and measure performance against those objectives.
- Evaluate proposed investment initiatives, new products, capital expenditures, and strategic projects.
- Develop financial scenarios and sensitivity analyses to support management decision-making.
- Partner with Treasury on balance sheet, net interest income, margin, funding, and capital forecasts.
- Partner with Accounting to ensure management reporting reconciles appropriately to the Bank’s official financial records.
- Develop dashboards, key performance indicators, and tools to improve management’s visibility into financial performance.
- Identify opportunities to automate financial reporting, forecasting, and analytical processes.
- Support the CFO with strategic planning, Board presentations, peer analysis, and other financial analysis.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
