Education Career Articles

Connect Facebook Connect Twitter Connect Google+ Connect Pinterest Connect Stumbleupon

Financial Planning and Analysis Director Job Description

Job Descriptions November 28, 2013

Director of financial planning and analysis oversees the undertakings of subordinates and finance professionals. This individual is also responsible for providing actionable and proactive analysis and planning inputs to senior leaders. The work of this working professional also includes overseeing or monitoring monthly activities including analysis and management of operating expense, oversight, reporting of actual and accurate financial reports, forecasting results before years’ results by business unit, headcount and product.

Individuals who are qualified to take the job of director of financial planning and analysis are the ones who display impressive communication skills, ability to navigate complexities of organizations and can negotiate, influence and lead efficiently and successfully. Effective and proven leadership skills and qualities, executive presence, capacity to defend, and express concepts and ideas are necessary.

Directors usually work on forecasting and planning, financial management focusing on expense analysis and operating expense, and operational excellence wherein they identify opportunities for efficiency and excellent functions. They can efficiently utilize resources to improve productivity. Directors of financial planning and analysis also works on supervising and controlling the monthly expense and other related business methods to make sure that all expenses are properly accrued and recorded.

This position facilitates various project costs, benefit analysis and other expense-model activities like monthly and yearly forecast estimates, long-range financial planning, yearly budget process, and more. Directors also work on reviewing and managing cost allocations, driving improvements on business processes and modeling, providing financial consulting on strategic support and expense performance.

The roles played by directors are highly significant in terms of delivering sound financial planning and analysis. Other tasks of directors include the following:

•Leading the development process of the yearly budget.

•Working closely with internal owners of budget.

•Developing and distributing executive dashboards for operations and teams.

•Directing the reporting analysis and variance analysis of the budget.

•Leading reviews meetings and working for ways to develop better forecasting and reporting.

•Partnering with other financial models for investors and lenders including yearly reporting needs in cash flow reconciliations and projections.

•Overseeing years of report forecast process.

•Providing financial analysis and planning resources for essential projects if necessary.

Long years of experience in the field of financial planning and analysis are important if you want to pursue a career as a director, and these years must signify management level. It is crucial that you have completed a Bachelor’s Degree in economics, business or finance and have attained advance studies.

A qualified director must have a collaborative style and impressive track record of building and maintaining good working relationship with a different organization levels. It is an advantage that as a director, you should display impressive management skills and strong leadership to be able to develop and coach direct reports.

As part of the director of financial planning and analysis job, this individual works on understanding and interpreting complex reports and models and translating them into tangible recommendations and conclusions. They have the ability to deal even with complicated financial information of different levels. Most importantly, they work on adapting changing environments and business opportunities.

Searching Searching ...

Matching School Ads
1 Program(s) Found
  • Ready to earn your business degree? If you identify with at least one of the statements below, GCU could be a good fit for you!
  • I have worked in the business field for a number of years and want to further my education in order to qualify for promotions, leadership positions, and salary increases.
  • I am graduating from high school and am interested in pursuing a career in a business field, but I first need the skills experience.
  • I am interested in a Bachelor's, Master's or Doctoral degree in my specialized business area of focus.
  • I want flexible course offerings, such as the option of 100% online, evening or campus classes.
  • I need a university that provides quality educational offerings through academic excellence and real-world relevance. Does this sound like you? Apply today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
  • eLearners.com Helps You Find the Right College within Minutes. 100% Free Match to Top Colleges.
  • Get Matched to the Perfect Business Degree Programs from Top Colleges Here.
  • Learn at Your Own Pace and Get Qualified to Pursue a Career You'll Love.
  • Answer a few questions and you are one step closer to enroll in a Top College!
  • Online Courses
  • Available business concentrations include Accounting, Economics, General Management, Marketing, and Human Resource Management.
  • Ranked among the Best Online MBA and Online Graduate Business Programs in 2016 by U.S. News & World Report.
  • Programmatic accreditation provided by the Accreditation Council for Business Schools and Programs (ACBSP).
  • Regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).
  • Online Courses
  • Online bachelor's programs include BBA, Criminal Justice, IT, Healthcare Management, Pscyhology & Public Health
  • Over 115 years of delivering quality education and personalized attention to students
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits

Searching Searching ...

Matching School Ads
1 Program(s) Found
  • Ready to earn your business degree? If you identify with at least one of the statements below, GCU could be a good fit for you!
  • I have worked in the business field for a number of years and want to further my education in order to qualify for promotions, leadership positions, and salary increases.
  • I am graduating from high school and am interested in pursuing a career in a business field, but I first need the skills experience.
  • I am interested in a Bachelor's, Master's or Doctoral degree in my specialized business area of focus.
  • I want flexible course offerings, such as the option of 100% online, evening or campus classes.
  • I need a university that provides quality educational offerings through academic excellence and real-world relevance. Does this sound like you? Apply today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
  • eLearners.com Helps You Find the Right College within Minutes. 100% Free Match to Top Colleges.
  • Get Matched to the Perfect Business Degree Programs from Top Colleges Here.
  • Learn at Your Own Pace and Get Qualified to Pursue a Career You'll Love.
  • Answer a few questions and you are one step closer to enroll in a Top College!
  • Online Courses
  • Available business concentrations include Accounting, Economics, General Management, Marketing, and Human Resource Management.
  • Ranked among the Best Online MBA and Online Graduate Business Programs in 2016 by U.S. News & World Report.
  • Programmatic accreditation provided by the Accreditation Council for Business Schools and Programs (ACBSP).
  • Regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).
  • Online Courses
  • Online Bachelor's programs include BBA, Criminal Justice, Psychology, IT, Healthcare Management & Public Health
  • Over 115 years of delivering quality education and personalized attention to students
  • Provide a range of campus experiences and services online including advising, tutoring, student community, and career services
  • Give students and alumni access to career assistants who help with resumes, cover letters, job hunting, and more.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits

Login to your account

Can't remember your Password ?

Register for this site!