Financial Planning and Analysis (FP&A) Assistant Manager Job Description Template
As a Financial Planning and Analysis (FP&A) Assistant Manager, you will collaborate with cross-functional teams to develop and implement financial planning processes. You will be responsible for providing strategic insights and analytics to support business decisions, ensuring accurate forecasting, budgeting, and financial performance tracking.
Responsibilities
- Support the financial planning, budgeting, and forecasting processes
- Prepare and analyze financial reports and performance metrics
- Collaborate with cross-functional teams to gather relevant financial data
- Provide strategic insights and recommendations based on financial analysis
- Ensure accurate and timely financial reporting and analysis
- Assist in the development of financial models and business cases
- Monitor and track financial performance against budgets and forecasts
- Identify areas for cost savings and operational efficiencies
Qualifications
- Bachelor's degree in Finance, Accounting, or a related field
- 3-5 years of experience in financial planning and analysis or a related role
- Strong analytical and problem-solving skills
- Excellent communication and interpersonal skills
- Proficiency in financial modeling and Microsoft Excel
- Attention to detail and ability to work under tight deadlines
- Knowledge of financial software and systems (e.g., SAP, Oracle)
- Ability to work independently and as part of a team
Skills
- Financial Analysis
- Budgeting
- Forecasting
- Financial Modeling
- Excel
- Data Analysis
- SAP
- Oracle
- Report Writing
- Communication
Frequently Asked Questions
A Financial Planning and Analysis (FP&A) Assistant Manager supports the finance team by analyzing financial data, creating financial models, and preparing budget forecasts. They monitor financial performance and provide insights to improve profitability. Additionally, they assist in strategic planning by preparing detailed reports and presenting findings to senior management, ensuring informed decision-making within the organization.
To become a Financial Planning and Analysis (FP&A) Assistant Manager, candidates typically need a bachelor's degree in finance, accounting, or a related field. Relevant experience in financial analysis or accounting, along with strong analytical and communication skills, are essential. Pursuing certifications such as CPA or CFA can enhance career prospects. Gaining experience with financial modeling and budgeting tools is also highly beneficial.
The average salary for a Financial Planning and Analysis (FP&A) Assistant Manager varies depending on the industry, location, and level of experience. Typically, FP&A Assistant Managers can expect a compensation range that reflects their financial expertise, with variations based on company size and geographical market. Individuals with certifications and extensive experience may command higher salaries within the field.
A Financial Planning and Analysis (FP&A) Assistant Manager typically requires a bachelor's degree in finance, accounting, or a related discipline. Employers often prefer candidates with additional qualifications such as a CPA or CFA certification. Proven skills in financial analysis, budgeting, and forecasting, coupled with strong Excel proficiency and experience with reporting tools, are critical for this role.
To be effective as a Financial Planning and Analysis (FP&A) Assistant Manager, one must possess strong analytical and problem-solving skills, attention to detail, and proficiency in financial software. Key responsibilities include conducting detailed financial analysis, assisting with budget preparation, and providing strategic insights to leadership. Communication skills are vital for presenting complex financial concepts clearly to stakeholders.