Asst. Manager – Financial Planning & Analysis Job Description Template
As an Asst. Manager – Financial Planning & Analysis, you will play a critical role in supporting the financial planning process, analyzing financial data, and providing actionable insights. You will work closely with cross-functional teams to ensure accurate budgeting, forecasting, and financial modeling to drive business performance and informed decision-making.
Responsibilities
- Assist in the preparation of annual budgets and quarterly forecasts
- Analyze financial performance and provide reports with actionable insights
- Develop financial models to support strategic initiatives
- Collate, analyze, and interpret financial data from various sources
- Collaborate with departmental heads for budget management and financial planning
- Participate in month-end and year-end closing processes
- Monitor key performance indicators (KPIs) and identify trends
Qualifications
- Bachelor's degree in Finance, Accounting, or related field
- 2-4 years of experience in financial planning and analysis
- Strong understanding of financial statements and principles
- Advanced proficiency in Microsoft Excel and financial modeling
- Excellent analytical and problem-solving skills
- Strong communication and presentation skills
- Ability to work collaboratively with cross-functional teams
Skills
- Financial Modeling
- Budgeting
- Forecasting
- Microsoft Excel
- Data Analysis
- Financial Reporting
- Variance Analysis
- Presentation Skills
- SAP
- Hyperion
Frequently Asked Questions
An Assistant Manager in Financial Planning & Analysis assists in developing financial strategies and plans that help achieve business objectives. They are responsible for budgeting, forecasting, financial modeling, and analyzing financial data. They work closely with senior management to interpret financial results and provide insights that guide decision-making.
To become an Assistant Manager in Financial Planning & Analysis, candidates typically need a degree in finance, accounting, or a related field. Professional certifications like CFA or CPA enhance prospects. Experience in financial analysis, excellent analytical skills, proficiency in financial software, and the ability to communicate findings effectively are crucial for securing this role.
The average salary for an Assistant Manager in Financial Planning & Analysis varies based on industry, location, and experience. Generally, they earn a competitive salary reflecting their expertise in financial analysis, which includes benefits and potential bonuses. Researching specific company compensation and geographical salary ranges provides a clearer understanding of earnings expectations.
A strong educational background in finance or accounting is essential for the role of Assistant Manager in Financial Planning & Analysis. Many employers seek candidates with a bachelor's degree alongside professional qualifications such as CFA or CPA. Experience in financial analysis, strategic planning, and advanced skills in financial software are also highly valued.
An Assistant Manager in Financial Planning & Analysis must have robust analytical skills, attention to detail, and proficiency in financial modeling and analysis software. Responsibilities include preparing financial reports, conducting variance analysis, and assisting with strategic financial planning. Strong communication and problem-solving skills are vital for translating complex financial data into actionable insights for the management team.