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Director of FP&A
4 months ago
BrightCore specializes in Talent Solutions for CFO organizations with expertise in Consulting (Interim & Project) and Executive Search. We partner with finance leaders to assess needs and deliver highly skilled, proven consultants for interim positions and strategic projects. We provide individual technical expertise or a team of professionals to tackle a complex project. We are trusted advisors in providing Finance & Accounting talent solutions to complement existing core teams, lift the capabilities of CFO organizations, and drive financial results.
Our clients include Private Equity, Middle Market, and Fortune 500 Companies in a variety of industries.
BrightCore is seeking a Director of Financial Planning and Analysis (FP&A) for a company headquartered in Atlanta, GA. Compensation: $150k-160k salary plus a defined benefit plan, hybrid work arrangement.
Role Purpose/Objective: The Director of Financial Planning and Analysis (FP&A) is a member of the accounting and finance team, reporting to and under the general direction of the Controller. The Director of FP&A is primarily responsible for preparing the annual budget, providing monthly, quarterly, and annual reporting, and maintaining the forecast. The Director will also work closely with the finance and accounting and technology teams to maximize financial system efficiency.
Position Summary: The Director of FP&A will prepare the annual budget by working with the leadership and third-party groups to generate estimates and projections. The Director is responsible for monthly/quarterly/annual reporting including a consolidated reporting package, budget to actuals reporting, and endowment reporting, as well as providing strategic and ad hoc analysis as requested. The Director will also make updates to the forecast as appropriate. Additionally, the Director is a key liaison between the finance and accounting team and the technology team to ensure accounting and financial systems are being maximized.The Director will be responsible for system interfaces and making recommendations for efficiencies through system enhancement.
Essential Duties:
- Prepare the annual budget by working closely with leadership to understand assumptions and needs and provide guidance. The Director will generate estimates and projections for spending and distributions as part of the budget process. Also included in the annual budget process is the coordination and consolidation of budgets for operated real estate, donors, and other third-party stakeholders. Additionally, this role will prepare and provide the budget to be presented to the Board of Directors.
- Prepare monthly consolidated reporting package to include Statement of Operations (P&L), Statement of Financial Position (Balance Sheet), and Statement of Cash Flow, as well as, executive committee report of financial highlights, spend and budget remaining, and report/analysis of Debt portfolio. As part of the monthly reporting process, the Director will also ensure financial reports reconcile to the general ledger.
- Create Actuals to Budget reporting, review reporting with Senior Leadership and update the forecast as appropriate based on business needs.
- Prepare strategic and ad hoc analysis as requested by CFO and Leadership.
- Maintain and enhance the accounting and financial information systems including general ledger, financial reporting, and endowment management systems working closely with the technology services team. Ensure interfaces between systems are accurate and complete. Provide leadership in recommending and implementing improvements.
- Prepare schedules and supporting documentation required for annual audit, tax compliance, and GAAP to GASB conversions for state reporting.
- Support the Finance Committee by preparing and coordinating agendas, meeting materials, and minutes.
- Collaborate and build relationships with key stakeholders including Controllership, department leaders, Office of Development, Investment and IT teams, committees, and senior leadership.
- Maintain the Enterprise Risk Management program for financial reporting.
- Provide leadership to team members including training, development, and coaching.
Minimum Qualifications:
- A bachelor’s degree in accounting, finance, business, or a related field and progressively responsible experience in accounting and financial roles.
- An MBA or CPA or equivalent certification are preferred but not required.
- In addition, the Director of FP&A will possess a strong knowledge of accounting systems with experience in financial reporting and analysis, and project management; have a demonstrated ability to use technical knowledge and tools, and the capacity to communicate financial information clearly and to work collaboratively across the enterprise.
Key Competencies:
- Have a record of superior communication skills, successful relationship building, and collaboration with internal and external stakeholder groups.
- Strong analytical skills, able to clearly link financial results to operational performance drivers, generate alternatives and drive positive change.
- Challenge the status quo and embrace continuous improvement opportunities.
- Be flexible and have the ability to manage through change.
- Be an individual of impeccable integrity and high ethical standards.
- Support staff development and a strong team environment. Collaborate effectively with the senior leadership team.
- Be confident, innovative, and high energy.
- The ability to think strategically and work as a hands-on member of the team when necessary.
- Have strong understanding of best practices in finance.
- Possess a good sense of humor.