Description

A finance analyst and planning is responsible for the day-to-day activities of the department for financial planning of a business. They typically have administrative responsibilities such as setting guidelines and goals, creating budgets and timelines, assigning work to employees and teams, as well as reviewing the financial reports regularly.

Roles & Responsibilities

As a Manager, Financial Planning & Analysis in the United States with 3-6 years of experience, your main responsibilities include:

  • Conduct financial analysis to support strategic decision-making and provide insights on business performance.
  • Develop and maintain financial models and forecasts to assist in budgeting, forecasting, and financial planning activities.
  • Collaborate with cross-functional teams to gather data, analyze financial results, and prepare management reports.
  • Monitor key performance indicators, track variances, and identify areas of improvement to optimize financial performance and drive profitability.

Qualifications & Work Experience

For a Manager, Financial Planning & Analysis job role, the following qualifications are required:

  • Proficient knowledge of financial analysis and forecasting techniques to analyze and interpret complex financial data, providing insights for informed decision-making.
  • Strong understanding of financial planning and budgeting processes, including the ability to develop and monitor financial models, budgets, and forecasts to support strategic planning initiatives.
  • Excellent analytical and problem-solving skills to identify key financial trends, risks, and opportunities, and provide recommendations to optimize financial performance.
  • Advanced proficiency in financial software and tools, such as Excel, ERP systems, and data visualization software, to effectively analyze and present financial information to stakeholders.

Essential Skills For Manager, Financial Planning & Analysis

1

Budgeting

2

Financial Planning

3

Financial Analysis

Skills That Affect Manager, Financial Planning & Analysis Salaries

Different skills can affect your salary. Below are the most popular skills and their effect on salary.

Forecasting

5%

Budgeting

2%

Financial Modeling

1%

People Management

5%

Project Management

6%

Presentation

1%

Career Prospects

The Manager, Financial Planning & Analysis plays a crucial role in driving financial performance and strategic decision-making. For professionals with 3-6 years of experience in the United States, various alternative roles can be considered. Here are following options:

  • Senior Financial Analyst: A position offering more advanced financial analysis and modeling responsibilities, providing insights to drive business performance.
  • Business Development Manager: A role focusing on identifying growth opportunities, conducting market research, and developing strategic partnerships.
  • Investment Analyst: A position centered around analyzing investment opportunities, conducting due diligence, and providing recommendations for portfolio management.
  • Operations Manager: A role that involves overseeing day-to-day business operations, optimizing processes, and implementing efficiency improvements.

How to Learn

The Manager, Financial Planning & Analysis role in the United States shows a positive growth outlook in the market. A 10-year analysis suggests a steady rise in demand for professionals in this position. According to recent data, employment opportunities are expected to increase significantly in the future. As per Google's latest information, no specific number on the exact employment opportunities available was found, but the increasing complexities of financial planning and the growing need for accurate analysis indicate a promising future for this role. Professionals in this position can anticipate ample job prospects in various industries across the United States.