Director, Financial Planning & Analysis

The Director of Financial Planning and Analysis is a critical role within an organization's finance department, responsible for providing strategic financial analysis and forecasting to support informed decision-making by senior management. This position requires advanced financial modeling and analytical skills, as well as excellent communication and leadership abilities. The Director will oversee a team of financial analysts and work closely with other stakeholders across the organization, such as the CFO and department heads, to develop and maintain financial planning models and tools. They will be responsible for conducting financial analysis and scenario modeling, forecasting revenue and expense trends, and identifying risks and opportunities for improvement. They will also play a key role in the annual budgeting and planning process, providing insights and recommendations for resource allocation and investment opportunities. This position requires a deep understanding of financial concepts and accounting principles, as well as the ability to interpret and communicate complex financial data to non-finance stakeholders. The Director of Financial Planning and Analysis will be a key driver in optimizing financial performance and informing strategic decision-making to drive business growth and profitability.

As a Director of Financial Planning & Analysis with 6-9 years of experience in Australia, your main responsibilities include:

• Oversee the development and implementation of financial planning strategies to support business objectives and drive profitability. Develop and execute financial planning strategies aligned with business goals for enhanced profitability.
• Lead the preparation and analysis of financial forecasts, budgeting, and variance analysis to provide insights and recommendations. Prepare and analyze financial forecasts, budgets, and variances to provide valuable insights and recommendations.
• Collaborate with cross-functional teams to provide financial guidance and support in decision-making processes. Liaise with various departments to offer financial guidance and support for informed decision-making.
• Develop and maintain financial models and reports to assess business performance and identify areas for improvement.

For a Director, Financial Planning & Analysis, the following qualifications are required:

• Advanced knowledge of financial analysis and forecasting techniques to provide strategic insights and recommendations to senior management.
• Strong expertise in financial modeling, budgeting, and variance analysis, with the ability to analyze complex financial data and present findings in a clear and concise manner.
• Extensive experience in developing and managing financial planning processes, including annual budgets, monthly forecasts, and long-term financial plans.
• Excellent leadership and interpersonal skills to collaborate with cross-functional teams and influence decision-making processes, driving alignment between finance and business objectives.

The role of Director, Financial Planning & Analysis is a crucial one in ensuring effective financial management and strategic decision-making. With 6-9 years of experience in Australia, professionals in this field have several alternative roles to consider. Here are four options:

• Senior Financial Analyst: A role that involves advanced financial analysis, forecasting, and providing insights to support business growth.
• Finance Manager: A position focused on overseeing financial operations, budgeting, and financial reporting for an organization.
• Business Development Manager: A role that involves identifying and pursuing new business opportunities, conducting market research, and developing growth strategies.
• Strategy Consultant: A position that entails advising organizations on strategic initiatives, conducting market analysis, and providing recommendations for business improvement.

The role of Director, Financial Planning & Analysis in Australia is expected to witness significant growth in the market. Based on a 10-year analysis, the job role is projected to experience a steady increase in demand and importance. With the evolving financial landscape, companies are placing higher emphasis on strategic financial planning and analysis, which is likely to drive the need for professionals in this role. Although specific employment opportunities vary, the increasing importance of financial planning and analysis suggests a positive outlook for job prospects in the future.