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We are seeking a Director of FP&A on behalf of our client a reinsurance firm the in Charlotte, NC. This opportunity is hybrid offering a competitive base salary + bonus.
**Job Summary:**
The Director of FP&A is a key member of the finance leadership team responsible for providing strategic financial guidance, budgeting, forecasting, and analytical support to the organization. This role plays a pivotal role in shaping the company’s financial strategy and ensuring its long-term financial health.
**Key Responsibilities:**
1. **Financial Planning and Budgeting:**
– Lead the annual budgeting and long-term financial planning processes.
– Collaborate with department heads to develop and maintain detailed budgets.
– Monitor budget performance and variance analysis, providing insights to senior management.
2. **Forecasting and Analysis:**
– Develop and maintain financial models to support forecasting, scenario analysis, and business decision-making.
– Provide regular forecasts and analysis of financial performance, including revenue, expenses, and capital expenditures.
– Identify key financial trends, risks, and opportunities for the organization.
3. **Strategic Planning:**
– Contribute to the development of the company’s strategic plan by providing financial insights and analysis.
– Assess potential investment opportunities, mergers, acquisitions, and other strategic initiatives.
4. **Financial Reporting:**
– Prepare and present financial reports and analysis to senior management, the board of directors, and other stakeholders.
– Ensure compliance with regulatory reporting requirements.
5. **Cost Management:**
– Analyze and manage the cost structure of the company, identifying cost-saving opportunities.
– Recommend and implement cost control measures.
6. **Team Leadership:**
– Build and lead a high-performing FP&A team, providing guidance, mentorship, and development opportunities to team members.
– Foster a collaborative and data-driven culture within the team.
7. **Systems and Tools:**
– Implement and optimize financial planning and analysis systems, tools, and technologies to streamline processes and enhance accuracy.
– Stay updated on best practices in FP&A software and methodologies.
8. **Stakeholder Collaboration:**
– Collaborate with various departments and stakeholders to provide financial guidance and support their decision-making processes.
– Establish strong cross-functional relationships.
**Qualifications:**
– Bachelor’s degree in finance, accounting, or a related field (Master’s degree or CPA preferred).
– A minimum of 8-10 years of progressively responsible financial analysis and planning experience.
– Previous experience in a leadership role within FP&A.
– Strong analytical and financial modeling skills.
– Proficiency in financial planning and analysis software and tools.
– Excellent communication, presentation, and interpersonal skills.
– Strategic thinking and problem-solving abilities.
**Personal Characteristics:**
– Strong leadership and management skills.
– Detail-oriented and able to work with complex financial data.
– Proactive and able to drive process improvements.
– Strong business acumen and a deep understanding of the industry.
– Ability to work under pressure and meet tight deadlines.
