Financial Planning and Analysis Manager Job Description [Updated for 2025]

In today’s competitive financial landscape, the role of a Financial Planning and Analysis Manager is more crucial than ever.

As the business world progresses, the demand for accomplished professionals who can strategize, manage, and secure our financial futures escalates.

But what exactly is expected from a Financial Planning and Analysis Manager?

Whether you are:

• A job seeker attempting to comprehend the intricacies of this role,
• A hiring manager creating a profile for the perfect candidate,
• Or simply fascinated by the complexities of financial planning and analysis,

You’ve come to the right place.

Today, we present a customizable Financial Planning and Analysis Manager job description template, designed for straightforward posting on job boards or career sites.

Let’s dive right in.

Financial Planning and Analysis Manager Duties and Responsibilities

Financial Planning and Analysis Managers play a crucial role in the financial planning and decision-making process within a company.

They use their analytical ability and understanding of business operations to provide accurate and data-based information on the company’s profitability, solvency, stability, and liquidity.

The duties and responsibilities of a Financial Planning and Analysis Manager typically include:

• Developing financial models to support strategic planning and decision-making processes
• Conducting comprehensive analysis of financial and market trends
• Preparing detailed annual financial budgets and monthly financial forecasts
• Producing monthly, quarterly, and annual financial reports
• Monitoring and tracking financial performance, and analyzing variances
• Working closely with accounting teams to ensure accurate financial reporting
• Assisting in the preparation of presentation materials for executive leadership and board of directors
• Developing and implementing cost-saving measures and efficiency strategies
• Participating in cross-functional projects and assisting other finance teams as required
• Staying up-to-date with regulatory changes and industry best practices
• Providing guidance to team members and promoting a culture of continuous learning and improvement

 

Financial Planning and Analysis Manager Job Description Template

Job Brief

We are seeking a detail-oriented Financial Planning and Analysis Manager to join our team.

The successful candidate will be responsible for managing the company’s financial planning processes, providing financial modeling and analysis support, and driving business strategy.

As the Financial Planning and Analysis Manager, you will be responsible for preparing comprehensive financial models, conducting benchmarking and process analysis, forecasting revenues and expenditures and conducting comparative analyses.

Our ideal candidate has a strong financial acumen, analytical skills, and strategic thinking.

 

Responsibilities

• Lead the financial budgeting and forecasting processes
• Develop financial models to support strategic initiatives
• Analyze complex financial information and reports to provide accurate and timely financial recommendations to management
• Conduct benchmarking and process analysis for the entire organization
• Monitor performance indicators, highlighting trends and analyzing causes of unexpected variance
• Provide insights to senior management around financial modelling, forecasts and profitability
• Manage the preparation of the company’s budget
• Direct and supervise financial analysis staff to ensure highest level of performance
• Review financial data and prepare monthly and annual reports
• Identify and drive process improvements, including the creation of standard and ad-hoc reports, tools, and models

 

Qualifications

• Proven work experience as a Financial Planning and Analysis Manager, or similar role
• Solid understanding of financial statistics and accounting principles
• Proficient in MS Excel and financial software applications
• Outstanding presentation, reporting and communication skills
• Experience in financial modeling, budgeting and variance analysis
• Strong analytical skills to evaluate financial data and make recommendations
• BSc/MSc degree in Finance, Accounting or Economics
• Professional qualification as a CFA/CPA is considered a plus

 

Benefits

• 401(k)
• Health insurance
• Dental insurance
• Retirement plan
• Paid time off
• Professional development opportunities

 

Additional Information

• Job Title: Financial Planning and Analysis Manager
• Work Environment: Office setting with options for remote work. Some travel may be required for team meetings or client consultations.
• Reporting Structure: Reports to the Chief Financial Officer (CFO) or Director of Finance.
• Salary: Salary is based upon candidate experience and qualifications, as well as market and business considerations.
• Pay Range: $80,000 minimum to $150,000 maximum
• Location: [City, State] (specify the location or indicate if remote)
• Employment Type: Full-time
• Equal Opportunity Statement: We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
• Application Instructions: Please submit your resume and a cover letter outlining your qualifications and experience to [email address or application portal].

 

What Does a Financial Planning and Analysis Manager Do?

Financial Planning and Analysis Managers primarily work for corporations across various industries, financial institutions, or as self-employed consultants.

They are responsible for overseeing the financial planning and analysis functions within the organization.

This includes budgeting, forecasting, and financial modeling to support strategic decision-making processes.

Their role involves working closely with senior management to conduct thorough financial analysis and generate comprehensive reports which facilitate crucial business decisions.

They compare the actual financial results with the forecasted results and analyze variances to understand trends, risks, and opportunities.

This information is then shared with stakeholders to ensure their understanding and satisfaction.

Furthermore, they are responsible for assessing the financial implications of various strategic decisions, such as market expansion, acquisitions, or new product launches.

Financial Planning and Analysis Managers also play a vital role in the development of long-term business plans, financial policies, and strategies.

They provide necessary financial insights and recommendations to the management, helping in maintaining a strong financial position and maximizing sustainable growth.

 

Financial Planning and Analysis Manager Qualifications and Skills

A competent Financial Planning and Analysis Manager should have skills and qualifications that align with the responsibilities of the role, such as:

• Strong analytical skills to interpret complex financial data and give strategic advice based on these analyses.
• Advanced knowledge of financial forecasting and diagnosis, corporate finance and information analysis.
• Proficient in spreadsheets, databases, MS Office and financial software applications.
• Outstanding presentation skills with the ability to present financial data to non-financial colleagues, stakeholders, and executive leadership.
• Excellent organizational skills to manage multiple projects simultaneously while meeting deadlines.
• Exceptional problem-solving skills to identify potential issues and implement effective solutions.
• Excellent leadership qualities to manage a team of financial analysts, inspire teamwork and encourage continuous professional growth.
• Highly developed communication skills to interact effectively with colleagues, senior management, and stakeholders.
• A Bachelor’s degree in Finance, Accounting, or related field, with a Master’s degree or professional qualifications like CPA, CFA, etc., preferred.

 

Financial Planning and Analysis Manager Experience Requirements

Entry-level candidates for the position of Financial Planning and Analysis Manager should ideally have a minimum of 5 to 7 years of experience in the finance industry.

This experience may have been accumulated through full-time roles such as Financial Analyst, Accountant, or Finance Associate.

An in-depth understanding of financial modelling, budgeting, forecasting and strategic planning is necessary for this role.

Experience with financial planning software and tools is also crucial.

Candidates with 8 to 10 years of experience typically have the robust analytical skills and strategic thinking abilities required for the role.

They would have likely progressed through financial roles of increasing responsibility and complexity.

Those with over 10 years of industry experience usually have strong leadership skills, with a proven track record of managing teams and projects.

They may also have experience working with senior management or board members to make strategic financial decisions.

Ultimately, the role of a Financial Planning and Analysis Manager requires not just years of experience, but a certain level of expertise, strategic thinking, and leadership skills.

Advanced degrees and relevant certifications, such as a CPA or CFA, can further enhance a candidate’s suitability for the role.

 

Financial Planning and Analysis Manager Education and Training Requirements

Financial Planning and Analysis Managers typically hold a bachelor’s degree in finance, accounting, economics, or a related field.

An understanding of financial planning, strategy, budgeting, and forecasting, as well as strong analytical skills are crucial for this role.

Many employers also prefer candidates with a master’s degree in business administration (MBA) or a related discipline.

In addition to formal education, they need to have several years of experience in financial analysis, budgeting, and strategic planning.

Often, this experience is gained through progressive roles within a company’s finance department.

Certifications, such as the Certified Public Accountant (CPA) or the Chartered Financial Analyst (CFA) designation, are considered advantageous for this role.

These certifications demonstrate a high level of expertise in the field, and are recognized globally.

To keep up with the changing financial environment, ongoing education and professional development are recommended.

This might include training in specific financial software systems, advanced data analysis techniques, or new regulatory standards.

An understanding of industry-specific financial requirements may also be required, depending on the employer’s field of operation.

 

Financial Planning and Analysis Manager Salary Expectations

The average salary for a Financial Planning and Analysis Manager is $115,740 (USD) per year.

This can vary depending on factors such as experience, education, industry, and location.

Bonus, profit sharing, and commission can also significantly augment the total compensation.

 

Financial Planning and Analysis Manager Job Description FAQs

What skills does a Financial Planning and Analysis Manager need?

A Financial Planning and Analysis Manager needs solid analytical and strategic planning skills, as they will be responsible for reviewing financial data and using it to guide business strategy.

They should also have excellent communication and leadership skills, as they often present their findings to upper management and lead a team of financial analysts.

Additionally, they should be proficient with financial software and Excel.

 

Do Financial Planning and Analysis Managers need a degree?

Yes, a Financial Planning and Analysis Manager usually requires a bachelor’s degree in finance, accounting, economics, or a related field.

Many companies prefer candidates with a master’s degree in business administration (MBA) or finance.

Certification such as Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA) can also be beneficial.

 

What should you look for in a Financial Planning and Analysis Manager’s resume?

Look for a solid background in financial analysis and planning with proven experience in a leadership role.

They should have strong computer skills, specifically in financial software and Excel.

Certifications such as CPA or CFA are a plus.

Also, look for skills like strategic planning, budgeting, and forecasting.

 

What qualities make a good Financial Planning and Analysis Manager?

A good Financial Planning and Analysis Manager should be analytical, detail-oriented, and capable of strategic thinking.

They should be comfortable working with large amounts of data and able to draw insights from that data to guide business decisions.

Good communication skills are also crucial, as they frequently present their findings to upper management.

 

Is it difficult to hire a Financial Planning and Analysis Manager?

Hiring a Financial Planning and Analysis Manager can be challenging due to the specific skill set and experience level required for the role.

Companies often look for candidates with a combination of education, relevant work experience, and strong analytical and leadership skills.

Offering competitive salaries and benefits can help attract top candidates.

 

Conclusion

And there you have it.

Today, we’ve deconstructed the essential aspects of being a Financial Planning and Analysis Manager.

Surprised?

It’s not just about crunching numbers.

It’s about shaping the financial destiny of a business, one financial forecast at a time.

Armed with our comprehensive Financial Planning and Analysis Manager job description template and real-life examples, you’re ready to take the leap.

But why stop here?

Explore further with our job description generator. It’s your stepping stone to creating meticulous job listings or refining your resume to the next level.

Remember:

Each financial analysis is a part of a broader business strategy.

Let’s shape that future. Together.

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