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Sr. FP&A Manager

Waltham, MA 02451

Posted: 09/08/2022 Employment Type: Direct Hire/Perm Job Category: Accounting & Finance Job Number: 494223 Is job remote?: No Country: United States

Job Description


Reporting to the Director of FP&A, this role will provide business partner support . Monthly modeling and reporting compared with budget and forecast to business partners including detailed incentive compensation and personnel cost analysis for business partners and Global Function FP&A will be required. In addition, the candidate will monitor data quality in the company’s financial database,  Brand, and Corporate finance staff, perform cross-functional database processes, and consolidate team budget/forecast/headcount input.

Responsibilities will include  providing business modeling, analysis, and insights that will support the achievement of the organizational objectives. Working closely with the  Cost Controller and the Director of FP&A-Americas, this individual will be responsible for the timely and competent creation and analysis of annual budgets, monthly operating results and quarterly forecasts to achieve the overall business objectives, as well as provide detailed personnel costs and incentive compensation variance analysis at the legal entity, and  Incentive Compensation and Personnel Costs. This position supports a detailed scope that requires attention to detail, cross entity cooperation/collaboration and need for detailed review and analysis. Building a strong and trusted rapport with Global function FP&A counterparts will be critical to your success in this role.

 

As a key member of the FP&A team the job responsibilities will center on supporting the  Cost Controller focused primarily on Incentive Compensation and Personnel Cost Expense management for  North America. The Incentive Compensation Financial Analyst will be responsible for Incentive Compensation and Operating Expense budgeting, forecasting, month end close support, and Personnel Cost analysis. This role will also assist the Personnel Cost Controller in analysis of benefit and employer costs.

 
  • Be responsible for all aspects of budgeting, forecasting, reporting and analyzing bonus and commission compensation for all function, brand and channel employees .
  • Be the subject matter expert on all incentive compensation plans for sales and non-sales employees and understand key drivers of attainment and payouts.
  • Act as backup and work in partnership with  Cost Controller on the annual Budget, quarterly forecast, and Monthly/Quarterly Actuals cycles for all Incentive Compensation
  • Partner with the Sales Compensation team for Actuals Analysis to support Customer Engagement Models FP&A Analysts.
  • Work closely with Brand analysts to streamline the budgeting and forecasting process which includes tracking and analyzing changes from forecasting cycles.
  • Provide Monthly Incentive Comp accruals to General Accounting SSC 
  • Work with General Accounting to reconcile all incentive comp payments against accruals ensuring accuracy in the balance sheet
  • Participate on calls with Cost Controller team to drive process and/or budgeting tool improvements.
  • Statutory Reporting and Analysis on Incentive Comp for the largest North America Entity.

 

Requirements:

 
  • Bachelor’s Degree in Finance, Accounting or Business Administration required
  • 3+ years in a finance related position within a large, publicly held company
  • Solid understanding of finance/accounting principles (IFRS)
  • Familiar with relational database concepts, and client-server concepts
  • Strong Excel skills required. Advanced skills in pivot tables, macros, forms, & Excel VBA preferred
  • Willingness to develop into a valued finance business partner to mid-level management
  • Ability to operate successfully at the detailed level and summarize analysis results to management
  • Experience and competence in using integrated ERP software (PeopleSoft preferred) and TM1 web
  • Ability to identify root cause of issues, identify problems and communicate these effectively
  • Demonstrates flexibility and willingness to adapt to a fast-paced and complex environment with multiple priorities and high volume workload
  • Demonstrated ability to manage time effectively to meet needs of multiple business and finance partners
  • Excellent interpersonal and written/verbal communication skills
  • Collaborative team approach in building and developing key business partner relationships 
  • Prior experience in high tech industry is preferred
  • Willingness to work additional hours at peak periods of activity

 

 

 

 

Your key success factors

 
  • Bachelor’s Degree in Finance, Accounting or Business Administration required
  • 3+ years in a finance related position within a large, publicly held company
  • Solid understanding of finance/accounting principles (IFRS)
  • Familiar with relational database concepts, and client-server concepts
  • Strong Excel skills required. Advanced skills in pivot tables, macros, forms, & Excel VBA preferred
  • Willingness to develop into a valued finance business partner to mid-level management
  • Ability to operate successfully at the detailed level and summarize analysis results to management
  • Experience and competence in using integrated ERP software 
  • Ability to identify root cause of issues, identify problems and communicate these effectively
  • Demonstrates flexibility and willingness to adapt to a fast-paced and complex environment with multiple priorities and high volume workload
  • Demonstrated ability to manage time effectively to meet needs of multiple business and finance partners
  • Excellent interpersonal and written/verbal communication skills
  • Collaborative team approach in building and developing key business partner relationships across the GEOs and with Corporate FP&A
  • Prior experience in high tech industry is preferred
  • Willingness to work additional hours at peak periods of activity

 

 

 
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