Financial Planning Specialist
4 weeks ago
Financial Planning Specialist
The Financial Planning Specialist will play a key role in supporting the overall IT portfolio through financial planning, controlling, and analyzing of Capital/Operating expenses. This includes developing and maintaining the annual financial plan, quarterly forecasts, and strategic business plans. The specialist will be responsible for monthly accounting activity, including accruals, amortization, depreciation, prepaid assets, and project accounting. The Financial Planning Specialist will work closely with the business to identify cost savings and growth opportunities that impact operating expenses. Monthly analysis will be performed to ensure results of operations are accurately recorded and reported to management in compliance with GAAP.
Key Responsibilities:
- Develop annually, quarterly, and monthly financial plans for the IT organization
- Perform monthly and quarterly financial reviews to analyze variances and provide variance explanations
- Ensure timely and accurate monthly accruals, re-class journal entries, amortization entries, and analysis of prepaid assets
- Partner with IT business leaders to achieve annual and quarterly targets
Requirements:
- Bachelor's degree, preferably in Business Administration or Finance
- Minimum of 4+ years of relevant experience in financial planning, forecasting, and financial analysis
- Experience with accounting for technology applications a plus (accounting for internally developed software, SaaS)
- Ability to work effectively in a matrix environment but also independently, managing multiple owners and competing deadlines with minimal supervision
- Demonstrated ability to manage large amounts of data, including collection, consolidation, analysis, and synthesizing into a cohesive framework
- Strong communication and relationship building skills with the ability to interpret and then summarize data for senior management and non-financial audiences
- Experience with Essbase, Hyperion Financial Management, and SAP preferred
- General understanding of balance sheet and income statement
- IT Financial Planning & Analysis experience preferred
- Advance Excel skills required
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