Purpose: The purpose of the Director of Financial Planning & Analysis (FP&A) is to create and execute the strategic financial plan of the organization and provide critical business analysis on mergers and acquisitions.
Essential Functions:
- Prepares the annual and long-range financial plans as well as forecasts for key stakeholders.
- Analyzes budget and forecast submissions for accuracy, reasonableness, and consistency with objectives.
- Works with stakeholders to enforce deadlines and provides guidance and instructions on planning submission requirements and deadlines.
- Analyzes and reports on consolidated monthly, quarterly, and annual results and those of each operating segments as well as general & administrative expenses.
- Provides analytical support for operations, corporate departments, and parent company
- Supports the preparation of presentations for management
- Provides recommendations for revenue and profitability improvement
- Develops priorities to improve productivity, efficiency, and effectiveness
- Conducts industry and competitive analyses to identify and address the company’s strengths, weaknesses, opportunities, and threats
- Prepares business cases for corporate capital projects
- Works with Corporate Accounting to review lease disclosures for reasonableness, consistency and conformity with corporate policies
- Supports the merger & acquisitions process within the organization, including conducting analysis and valuation of acquisition targets or divestitures.
- Support legal with negotiating merger & acquisition terms and conditions.
- Conducts due diligence and integration of targets
Reporting Relationship: This position reports to the Senior Director of Financial Planning & Analysis
Major Interdependencies: Operations, Operational Excellence, Business Development Finance
Minimum Qualifications, Knowledge, Skills, and Work Environment:
Education and Experience: The combination of education and professional experience must exceed 8 years:
- In a leadership role: Requires 3 years of experience leading a team of financial analysis and planning professionals
- In a technical role: Requires 8 years of financial analysis and planning experience engaged in developing and delivering budgeting, forecasting, variance analysis and accounting programs
- A bachelor’s degree in accounting, Business Administration, Economics, or Finance can count for 3 of the eight-year requirement
- An MBA or a master’s level degree in a program related to the functional area can count for an additional 2 years of the eight-year requirement.
- In the industry: 3-5 years of Hospitality, F&B and/or Retail experience
Specialized Training:
- Requires in-depth knowledge of at least one financial planning and reporting application (e.g., Anaplan, PeopleSoft, SAP, Hyperion, Business Objects, Adaptive/Workday, Oracle, IBM, etc; multiple preferred).
Specialized Skillset/Competencies/Traits
- Advanced business acumen and also has the strategic mindset required to understand the long-term implications of FP&A decisions and to advance the organizations goals
- Requires expert level Microsoft Excel skills, including the ability to create and modify pivot tables and advanced formulas
- Demonstrated history of anticipating the needs of the business and complex stakeholders, the employee population, and individual circumstances
- Demonstrated history of creating and maintaining positive work environments through coaching, developing, and leading teams to achieve common goals
- Demonstrated experience exhibiting a continuous improvement mindset with the ability to optimize work processes and achieve positive results
Location/Travel:
- This position has the opportunity to work remotely but is required to travel to the F&B Center of Excellence in Bethesda or Retail Center of Excellence in East Rutherford, NJ at least 3 days per week and as needed
- Occasional travel to other locations may be required based on business needs
