Financial Planning and Analysis Manager

Carolina PRG has partnered with a growing manufacturing headquarters to help build out their operational finance team. This is a newly created position that will support the leadership team with strategic business decisions, process improvement, data reliability, KPI's, and trend analysis. The Manager of Financial Planning & Analysis will manage a Financial Analyst. In this crucial role, you will play a key part in driving strategic decision-making. ***4 days in office, one day remote*** SUMMARY The Manager FP&A will serve as a strategic financial partner to the executive and leadership teams, providing critical insights and analysis to drive profitable growth. This role will benefit from an understanding of the manufacturing industry, coupled with strong financial acumen and analytical skills. ESSENTIAL DUTIES AND RESPONSIBILITIES Develop and maintain detailed financial models to support forecasting and budgeting processes, incorporating key manufacturing metrics such as production volume, material costs, labor costs, and overhead expenses. Prepare detailed financial reports, including monthly, quarterly, and annual financial statements, to provide insights into the manufacturing operations and the company's overall financial health Conduct strategic financial analysis to assess the feasibility and profitability of new manufacturing initiatives, product launches, and market expansions. Drive cost reduction initiatives across the manufacturing operations, identifying areas for improvement in production processes, supply chain management, and overhead expenses. Develop and implement key performance indicators (KPIs) specifically tailored to the company to track the company's financial performance and measure the effectiveness of strategic initiatives. Collaborate effectively with corporate finance team to ensure accurate and timely financial reporting, budgeting, and forecasting. Analyze financial data to identify trends, opportunities, and risks related to manufacturing operations. Lead and mentor a FP&A professional, providing guidance, training, and development opportunities. QUALIFICATIONS The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Bachelor's degree in Finance, Accounting, or a related field. 6+ years of experience in financial planning and analysis, with at least 3 years in a role within a manufacturing or industrial company preferred. Advanced proficiency in Excel, financial modeling tools, and ERP systems (e.g., SAP, Oracle) with a focus on manufacturing-specific modules. Proven ability to analyze complex financial data and translate it into actionable insights. Excellent communication and interpersonal skills, with the ability to communicate financial information to both technical and non-technical audiences within the manufacturing context. EDUCATION and/or EXPERIENCE Bachelor Degree in Accounting or related business field CMA/CPA is a plus

Created: 2024-11-06