The Senior Analyst, Financial Planning amp; Analysis (FPamp;A) is a key position with involvement in Financial
Planning and Forecasting for ProducePay including monthly/quarterly/annual/multi-year forecasts and annual business planning. The successful candidate will have a high degree of technical skills in using, updating, and creating financial models for various areas within FPamp;A using Excel, Oracle Hyperion, and other data tools. The candidate will assist in analyzing new business opportunities, and prepare materials for Executive meetings.
The FPamp;A Analyst needs to be a self-starter who is driven to use financial modeling tools to provide high-quality analytics to the management team. You will need to balance multiple tasks and responsibilities with a focus on building out automated and streamlined business processes. This person in this role will work across the organization, interacting with other finance and accounting personnel to identify and resolve accounting and financial reporting-related issues. This person will present complex financial analysis to Senior Management and must be able to effectively communicate the key assumptions, findings and business implications of the analysis. This person will need to be prepared to handle changing priorities and heavy workloads during periods of intense activity.
Duties and Responsibilities:
Financial Forecasting
- Own the monthly operating expense forecasting process and coordinate consolidation of financial statement metrics (expenses, capitalization, acquisition costs, etc.) and maintain detailed level expertise with the ability to summarize into presentation format.
- Support the FPamp;A team to integrate all relevant financial models (headcount and opex by department) into a single, consolidated format that will drive monthly analysis and strategic dialogue.
- Ensure alignment of forecasting methodology with accounting practices to drive precision based forecasting that accounts for GAAP policies.
- Partner with variable expense cost centers (Marketing amp; Operations) to ensure operational excellence and predictable expenses with managed vendors, acquisition channels and variable headcount needs that move in step with origination volumes.
- Partner with business leaders to model salaries, benefits, and other compensation with HR/Recruiting headcount targets; Includes maintenance of external staff augmentation and contractor costs.
- Focus on business procedure improvements, primarily on the forecasting process, to be more streamlined with the ability to be executed on an as needed basis.
- Formulate finance/business action plans to realize opportunities and solutions to mitigate risks. This will ensure achievement against Plan targets.
- Support annual budget process. Consolidate and provide financial summaries that can be shared with a variety of stakeholders ranging from internal business leaders up to ProducePay’s Board
Business Partnership and Relationships
- Maintain accountability with business partners for the accuracy of forecasts, communicating financial results and drivers with the ability to challenge and influence key strategic decisions.
- Facilitate purchase order, accrual, and reconciliation processes to ensure constant feedback loop connecting planning and actuals. Ensure alignment with accounting on expense geography within the GL and drive reclasses as needed.
- Be entrenched and understand business partners operational and strategic project plans as well as associated opportunities and challenges.
Monthly/Quarterly Close and Reporting
- Partner with accounting function to ensure expenses and invoices are aligned with operational expectations. Audit monthly GL entries and drive adjustments as needed to ensure accuracy across product, department and account levels.
- Monthly Close Oversee the close requirements to identify significant operating expense entries and accruals. Including but not limited to Marketing, Personnel, professional services, and other Gamp;A expenses.
- Draft monthly Pamp;L financials summary with full detailed analysis on specific line item variances. Summary to be prepared for executive level review. Experience working with and presenting to C-suite leaders preferred.
- Provide business narrative/summaries; including commentary for headcount and variances between actual/forecast/plan. Business narratives will be tailored to the desired audience; which can range from internal leaders to ProducePay’s Board.
- Expand product view reporting to reflect accurate Pamp;L financials across various profit centers. Including but not limited to cost allocation, report automation and product breakout.
Special Projects