Manager of Financial Planning & Analysis

Farouk Systems Inc•Houston, TX

1d•Onsite

About The Position

We are seeking a strategic and analytical Manager of Financial Planning & Analysis (FP&A) to lead our financial forecasting, budgeting, and cost accounting functions. In this high-impact role, you will bridge the gap between operational data and financial strategy, providing the insights necessary to drive profitability in our hair care manufacturing lines. Beyond core FP&A duties, you will serve as a key partner to the Controller, supporting general accounting activities and ensuring that our SAP environment delivers "clean" and actionable financial data.

Requirements

Bachelor’s degree in Finance, Accounting, or Economics.
6+ years of progressive experience in FP&A or Finance, with specific experience in a manufacturing environment.
Advanced proficiency in SAP is required.
Must be comfortable navigating cost centers, profit centers, and internal orders.
Expert-level Excel modeling (3-statement models, sensitivity analysis).
Experience with ERP software (SAP preferred).
Exceptional communication skills to explain financial "whys" to non-financial stakeholders.

Nice To Haves

An MBA or CMA/CPA designation is highly preferred.
Experience with SAP Analytics Cloud is a plus.
Experience with Data Visualization tools (Power BI or Tableau) is a plus.

Responsibilities

Lead the annual budgeting process and monthly rolling forecasts, collaborating with department heads.
Analyze variances between actuals and forecasts, providing clear narratives on drivers such as raw material price fluctuations or shifting labor/overhead costs.
Develop long-range financial models to evaluate new product launches or capital expenditures in the manufacturing facility.
Oversee the Cost Accounting department to ensure accurate standard costing, inventory valuation, and COGS analysis.
Monitor manufacturing variances (price, efficiency, and volume) and partner with the production team to identify waste-reduction opportunities.
Ensure the accurate tracking of chemicals, packaging, and components within the production lifecycle.
Design and maintain ad-hoc reports and dashboards that translate complex SAP data into executive-level insights.
Conduct margin analysis by product line, customer, and distribution channel to optimize the sales mix.
Leverage SAP (FI/CO and MM modules) to automate reporting workflows and improve data integrity.
Assist the Controller with month-end and year-end closing activities, ensuring GAAP compliance.
Support the preparation of financial statements and coordinate with external auditors for annual reviews.
Manage special projects related to internal controls, tax compliance, or SAP system enhancements.