The VP of Financial Planning & Analysis (FP&A) supports the organization to achieve strategic and financial goals. This role will lead the FP&A function, which is responsible for all planning processes, including annual planning, monthly and quarterly rolling forecasts, and multi-year plans. The role will also have responsibility over capital allocation criteria setting and will partner with the appropriate business leaders to drive effective investment decisions.
This is a highly visible strategic role which requires developing positive relationships across the entire organization with interaction with company leaders across geographies and functional groups to develop and maintain our strategic plans, investments, and business results. Excellent analytical, communications skills, and energetic can-do attitude will be instrumental in helping our business scale. This role requires process and systems thinking and passion for operational excellence. This role will lead and collaborate with other leaders to streamline our annual planning process and drive sophistication, speed, and accuracy around our monthly, quarterly, yearly, and multi-year forecasting processes. All of these expectations require established rigor around capital allocation discussions, including, but not limited to, areas of M&A and Corporate Development.
Essential Functions:
* Lead the FP&A function and development of multi-year operating plans and set financial objectives and key metrics in conjunction with the CFO.
* Serve as a strategic business partner to the executive leadership team in support/development of financial models and multi-year strategic models to provide business insight into the growth of the organization and enable good decisions.
* Establish and align standardization around key performance metrics for internal and reporting purposes including enterprise wide reporting and performance measurement capabilities.
* Establish the appropriate infrastructure and cadence necessary to provide relevant stakeholders with timely commentary and insights into KPIs and operational results.
* Elevate and scale processes and systems for forecasting and modeling in order to expediently provide forward-looking financial guidance, support strategic product and growth investments, and drive other investment decisions.
* Lead, while driving efficiency and accuracy, full company planning cycles including the annual operating plan and monthly/quarterly P&L forecasting processes.
* Oversee quarterly Board of Directors financial materials and the annual budget package.
* Addresses and provides policy direction on issues which impact forecasts and budgets.
* Develops, maintains, and enhances financial and performance tracking reports that clearly communicates to management the results and areas in which there are variances.
* Development of the company's reporting and analytical tools including reporting warehouse and performance scorecards via SAP.
* Identify trends and anticipating needs to support an evolving planning and management reporting function that meets the needs of the users.
* Work closely and collaboratively with management to provide operational analysis, to assist in performing within budgets, and to create and improve business processes.
* Improve the quality, depth, and timeliness of financial analytics.
* Perform other ad hoc analysis as required. Provide analytical support for a wide-range of special projects including new business activities.
* Exhibit positivity, flexibility, creativity, and a willingness to take on new responsibilities as requested or required.
Qualifications:
* Bachelor's Degree in a quantitative discipline such as accounting, finance, or mathematics. CPA, MBA preferred.
* Minimum 15 years of progressive financial analysis experience including management reporting responsibilities, forecasting/budgeting, and variety of analytical projects with a particular focus on financial modeling
* Process driven, attentive to detail and ability to handle multiples projects in fast-paced environment.
* Competent with manual and automated accounting systems; previous data warehousing and reporting tool experience (SAP, SAS, Cognos).
* Excellent communication skills, both written and verbal.
* Highly organized
* Participative management style.
* Effective collaborator at all levels.
An Equal Opportunity/Affirmative Action Employer -M/F/Disabled/Vet
Invacare
Jan 13, 2025 