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Head of Financial Planning

4 months ago

Minneapolis, United States StarTribune Full time
Description

The Star Tribune is the Upper Midwest's largest news organization, with audience numbers consistently in the top five in the country amongst regional and national peers. Building on an extraordinary legacy that includes seven Pulitzer Prizes and hundreds of other awards, the Star Tribune is an unrivaled force for journalistic excellence in Minnesota. It is also a company under transformation - realigning its core purpose for a new age of media consumption through innovative new partnerships, technology strategies, and a refreshed strategic direction. Our company has a new vision to create the leading model for local news in America - driving innovation in media to make every Minnesotan's life better. We're looking for dynamic leaders to help create that model. We're excited to work with people who care about journalism and democracy and are eager to re-invent one of our state's most trusted companies for a completely new era of growth that embraces new technologies and strategies for excellence.

Overview:

As the Head of Financial Planning & Analysis, you will play a key role in leading the financial planning, budgeting, forecasting, and analysis functions of the company. You will collaborate closely with executive leadership and business units to provide actionable insights, support strategic initiatives, and optimize financial performance. This position offers an exciting opportunity for a strategic thinker with strong analytical skills and a passion for driving business success.

Key Responsibilities:

  • Lead and manage the FP&A team, providing guidance, mentorship, and support to financial analysts and planners.
  • Develop and execute the annual budgeting and forecasting processes, working closely with department heads and stakeholders to align financial targets with business objectives.
  • Analyze financial data, key performance indicators (KPIs), and trends to provide actionable insights and recommendations to executive leadership.
  • Prepare and present financial reports, variance analysis, and forecasts to senior management and the board of directors.
  • Collaborate with business units to develop financial models, business cases, and investment proposals for new initiatives and strategic projects.
  • Evaluate and assess the financial impact of operational decisions, pricing strategies, and market trends to optimize profitability and revenue growth.
  • Implement financial planning tools, systems, and processes to streamline workflows, improve accuracy, and enhance decision-making capabilities.
  • Monitor and track financial performance against budget, forecast, and targets, identifying risks and opportunities for course corrections and improvements.

Qualifications:

  • Bachelor's degree in finance, accounting, economics, or a related field; MBA or CFA preferred.
  • Experience in financial planning and analysis roles, with a proven track record of leading FP&A teams and driving financial performance.
  • Strong analytical skills and proficiency in financial modeling, data analysis, and scenario planning.
  • Excellent communication, presentation, and interpersonal skills, with the ability to collaborate effectively across departments and influence decision-makers.
  • Advanced knowledge of financial principles, accounting standards, budgeting, forecasting, and financial reporting.
  • Experience with financial planning tools and systems (e.g., ERP systems, Excel, BI tools) and a willingness to adopt new technologies and methodologies.
  • Strategic mindset with the ability to think critically, solve complex problems, and develop innovative solutions to achieve business goals.
  • Strong leadership abilities, including coaching, mentoring, and developing team members to enhance their skills and capabilities.

More about the Star Tribune:

At the Star Tribune, we believe that our employees are our most valuable asset. We go above and beyond to ensure their happiness, growth, and overall well-being. Here is a glimpse into the exceptional benefits we offer:

Modern downtown office with a free fitness center and rooftop patio. Commuting subsidy, medical, dental, and vision insurance. Wellness program with financial incentives. Paid time off which includes flexible holidays to honor the preferences of employees, plus one volunteer day and 2 wellness days. 401(k) with company match, parental and caregiving leaves, flexible work arrangements, employee assistance program, pet insurance, tuition reimbursement, flexible spending, and health savings accounts.

Selected in 2023 to Diversity MBA's inaugural list of Top 25 Outstanding Leadership and Diversity Impact Awards.

Equal Opportunity Employer

If you're interested in this role but don't meet every single requirement, we still encourage you to apply. The Star Tribune is dedicated to fostering a more diverse and inclusive workplace, and we welcome applicants from all backgrounds.