Director of Financial Planning and Analysis

Randolph, MA 02368, USA Req #18883

Thursday, May 23, 2024

The Director Financial Planning & Analysis leads May Institute’s budgeting and internal reporting processes. The director plays a significant role in creating and delivering actionable data-driven insight and analysis to help senior management, the Board of Directors, and other key stakeholders understand business performance and aid in their decision-making. The person in this role will work collaboratively across both the Finance and business/operations teams to execute and contribute to broader business initiatives. The billing and AR department also reports to this position. Reporting to the CFO, this position plays a key leadership role and will be an important contributor to help build on May Institute’s history of support and success.

JOB RESPONSIBILITIES / ESSENTIAL JOB FUNCTIONS

• Own all aspects of the budgeting, forecasting and management reporting processes, building and enhancing these processes to deliver actionable and insightful performance metrics, analysis and recommendations
• Guide discussions with business leaders, functional leaders and the senior leadership team to understand business performance, financial results and enhance the business’ ability to meet and exceed targets
• Collaborate across the business units and functional areas to deliver value-added financial activities including planning, budgeting, analytics, financial metrics, balance sheet forecasting and capital planning
• Create and lead an annual strategic planning process in conjunction with the CFO, business leaders and functional leaders from across the business
• Manage and execute special projects, performing complex analysis, summarizing conclusions and making recommendations to the corporate finance and senior management team
• Oversee the work of the billing department that drives a significant portion of the revenue and cash collections for the organization
• Oversee the work of the team that handles all DDS and similar contracts & research grants to ensure compliance, accurate billing, revenue recognition and cash collections
• Responsible for monitoring and maintaining adequate AR reserves for uncollectible accounts
• Support and provide critical information required for the annual audit cycle including additional support and explanations as needed
• Prepare the annual Uniform Financial Report (UFR) required to be reviewed by the external auditors in conjunction with the annual audit cycle as well as all supporting documentation for auditors to file report with OSD by 5.5 months after each year end
• Proforma and ad hoc analysis for new or expanding programs and initiatives

KNOWLEDGE, SKILLS, ABILITIES

• Strong financial athlete with deep expertise in budgeting and forecasting, performance analytics, management reporting and distilling complex financial concepts into easy to understand messages
• Ability to manage and drive multiple processes and deliverablesat once in a dynamic environment; Highly detail oriented and organized
• Able to balance understanding and depicting a strategic, business-centric view with the details; “see the forest from the trees”
• Strong presence and ability to interact with all levels of management
• Collaborative, team player adept at working with and influencing business partners and building constructive relationships with stakeholders
• Skilled at extracting insights from data and combining with business context to make informed recommendations to drive action
• High degree of intellectual curiosity, hungry to learn

EDUCATION, EXPERIENCE

• Bachelor’s degree in Accounting, Finance, Economics or other highly quantitative degree required
• Advanced degree / qualifications (MBA, CPA, CFA) preferred
• 10+ years corporate or significant divisional FP&A, corporate finance or business strategy / analytics experience in a fast-paced financial services or professional services firm
• Excellent financial modeling skills
• Strong and clear written and verbal communication skills with the ability to influence and moderate based on audience