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.

Showing schools in your area

Matching School Ads
1 Program(s) Found
  • Do you have entrepreneurial visions to advance your career in the business world? Learn about the options available at GCU.
  • Earn a competitive bachelor's or master's degree in the areas of business administration, business analytics, accounting, marketing and more.
  • Many of our business degrees have attained elite accreditation from the Accreditation Council for Business Schools & Programs (ACBSP).
  • GCU nurtures the startup spirit, propelling your entrepreneurial visions on a powerful platform with opportunities to help you thrive.
  • Pursue a next-generation education with an online program or join Grand Canyon University's vibrant and growing campus community in beautiful Phoenix, Arizona.
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
4 Program(s) Found
  • Liberty University provides a worldclass education from a christ-centered worldview
  • 100% online programs at associate, bachelor’s, master’s, and doctoral levels
  • No standardized testing if student meets admission requirements
  • Accredited by the Southern Association of Colleges and Schools Commission on Colleges
  • 87% of Liberty University students receive some form of financial aid
  • Accredited
  • Online Courses
  • Financial Aid
  • Transferable Credits
3 Program(s) Found
  • Boldly pursue your future in business with an online degree from Post University
  • Degrees at all levels with concentrations in Finance, Marketing, and much more
  • Ranked in the Best Online Bachelors Programs for Veterans by US News & World Report
  • Ranked in the Best Online Bachelor’s Programs by the US News & World Report
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
  • Find Online Schools. 100% Online Accredited Courses
  • Get Matched to Programs In A Few Clicks!
  • Earn an Affordable Degree from Home at your own pace
  • Get College info today. Its Free and Easy!
  • Online Courses

Showing schools in your area

Matching School Ads
1 Program(s) Found
  • Do you have entrepreneurial visions to advance your career in the business world? Learn about the options available at GCU.
  • Earn a competitive bachelor's or master's degree in the areas of business administration, business analytics, accounting, marketing and more.
  • Many of our business degrees have attained elite accreditation from the Accreditation Council for Business Schools & Programs (ACBSP).
  • GCU nurtures the startup spirit, propelling your entrepreneurial visions on a powerful platform with opportunities to help you thrive.
  • Pursue a next-generation education with an online program or join Grand Canyon University's vibrant and growing campus community in beautiful Phoenix, Arizona.
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
4 Program(s) Found
  • Liberty University provides a worldclass education from a christ-centered worldview
  • 100% online programs at associate, bachelor’s, master’s, and doctoral levels
  • No standardized testing if student meets admission requirements
  • Accredited by the Southern Association of Colleges and Schools Commission on Colleges
  • 87% of Liberty University students receive some form of financial aid
  • Accredited
  • Online Courses
  • Financial Aid
  • Transferable Credits
3 Program(s) Found
  • Boldly pursue your future in business with an online degree from Post University
  • Degrees at all levels with concentrations in Finance, Marketing, and much more
  • Ranked in the Best Online Bachelors Programs for Veterans by US News & World Report
  • Ranked in the Best Online Bachelor’s Programs by the US News & World Report
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
  • Find Online Schools. 100% Online Accredited Courses
  • Get Matched to Programs In A Few Clicks!
  • Earn an Affordable Degree from Home at your own pace
  • Get College info today. Its Free and Easy!
  • Online Courses

Login to your account

Can't remember your Password ?

Register for this site!