Financial Planning & Reporting Job Description
Financial Planning & Reporting Duties & Responsibilities
To write an effective financial planning & reporting job description, begin by listing detailed duties, responsibilities and expectations. We have included financial planning & reporting job description templates that you can modify and use.
Sample responsibilities for this position include:
Financial Planning & Reporting Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Financial Planning & Reporting
List any licenses or certifications required by the position: CPA
Education for Financial Planning & Reporting
Typically a job would require a certain level of education.
Employers hiring for the financial planning & reporting job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Accounting, Business, Economics, MBA, Business/Administration, Education, Graduate, Finance/Accounting, Computer Science
Skills for Financial Planning & Reporting
Desired skills for financial planning & reporting include:
Desired experience for financial planning & reporting includes:
Financial Planning & Reporting Examples
Financial Planning & Reporting Job Description
- Establish required planning assumptions (vehicle volumes, retail / lease penetration assumptions ) in coordination with VWoA, Volkswagen, Audi, and Ducati brands and VCI departments
- Execute accurate, complete and timely monthly closes and reforecasts
- Ensure the timely reporting of all monthly financial information to internal management
- Drive preparation of annual budgets
- Provide documentation to internal and external auditors
- Recommend and implement business intelligence and performance management software
- Provide insightful analysis on Global Supply business drivers highlighting issues and recommend actions to ensure the business meets its agreed performance targets
- Coordinate an effective Performance Framework process that achieves business commitment to stretching performance improvement goals
- Coordinate and lead Capital Expense (CAPEX) Actual reporting and Annual Planning
- Support Supply leadership to manage CAPEX spend
- Bachelor's Degree in Accounting, Finance or related field (or country equivalent)
- Ability to take initiative, guide and influence others toward overall company Planning and Reporting goal accomplishment
- Proven experience analyzing complex issues and/or requests to provide effective solutions
- Ability to work in a fast paced, team-oriented environment with various levels of management
- Proven strengths in business acumen and developing successful business partner relationships
- Working knowledge of Oracle JDE, HFM (Hyperion Financial Management) & IBM Cognos reporting and planning applications
Financial Planning & Reporting Job Description
- Act as a deputy for the Global Supply Finance Director on various matters
- Develop a culture of data accuracy and integrity across all financial and non-financial information used by Global Supply
- Provide the financial thought leadership, analysis and tools to the relevant supply business partners
- Prepare reports and presentations for the Supply BPMs
- Understand the drivers of Cost Of Goods Sold performance, particularly for IR presentations
- Support CAPEX reviews and planning for CFO sign off
- Identify insights and develop tools that will enable inventory reduction
- Provide consolidation/analytical support during the month-end process, operating plan and quarterly forecasts
- Evaluate monthly results in order to ensure consistency and reasonability support the day-to-day operations of functions supported
- Support the Manager with business cases, reporting packages, budget preparations / presentations and ad hoc analyses, projects & presentations
- MBA or advanced degree in quantitative field preferred
- Analyzing financial statements, identifying trends, and conducting research to determine the causes driving those trends and the impact it has on the business
- Highly developed interpersonal and communication skills required, demonstrating confidence while successfully delivering high level presentations to executive leadership
- Experience building and maintaining positive relationships with clients and senior leadership
- High level of analytical and organizational skills required, including the ability to think quickly, solve problems, multi-task and prioritize work
- University or college degree in finance and certified accountant qualification
Financial Planning & Reporting Job Description
- Assist the external auditors with their quarterly reviews and year-end audits, as necessary
- Prepare journal entries and account reconciliations as required
- Assist with the coordination and consolidation of the indirect functional and line department budgets within budget system
- Meet with Functional and Line Department leaders to discuss budget inputs
- Prepare and distribute monthly actual vs
- Meet with Functional and Line department leaders to review indirect performance against plan, assure information is communicated and understood, follow up to resolve outstanding charging and reporting issues
- Research issues relating to indirect cost performance to ensure costs are being recorded properly by organization and by pool
- Review Trial Balance to ensure all functional and line indirect costs orgs are being reported consistently and properly
- Provide specialized reports for functional and line leaders upon request
- Support Investment program financial budgeting, forecasting and reporting
- 7+ years accounting experience in multinational corporate environment or in a big four environment
- Hands on experience in Financial Planning & Reporting
- Commercial background ideally within FMCG environment with a track record of practical application of financial skills
- Excellent understanding of Business Performance Management tools / processes and ability to identify improvement opportunities by using these
- Credible at divisional MD/FD level
- Supply experience is an advantage
Financial Planning & Reporting Job Description
- Provide ad hoc support and analysis to project and program leaders
- Ensure performance targets are met and service is delivered to end users as expected
- Preparation of annual budgets, forecasts and strategic plans to include but not limited to
- Production of high level WCEEA analyses to support leadership teams
- Maintenance of budget policies and procedures and communication of said procedures to WCEEA Geo’s, acting as central point of contact between Geo finance and Central Core finance
- Perform plan transfer process, liaising with other business areas to ensure accurate and relevant changes are implemented efficiently
- Completion of monthly reporting into WCEEA leadership team following completion by Geo’s to include appropriate commentary and analysis
- Provide support to the WCEEA leadership team through ad-hoc tasking when required
- Provide support to the wider FP&A Core team when required
- Participate in month-end, quarter and year-end close cycles and conduct reporting functions, and manage department reconciliations for internal clients
- Excellent MS Office skills, advanced excel knowledge
- Alerts VCI Management to potential future risks to financial targets
- Informs VCI management of significant FSAG inquiries
- Analyzes monthly accounting results vs
- Acquires and demonstrates strategic and cross-functional understanding of VCI/Brand/FSAG departments, functions, products, projects
- Self-motivated and ability to work independently/ proactively on projects Excellent written and verbal communication skills presentation skills
Financial Planning & Reporting Job Description
- Supports Division FP&A initiatives
- Responsible for identifying and driving process improvement opportunities
- Carries out financial analysis at multiple complexity levels including rate of return, depreciation, working capital, investments, budgeting, cost analysis, bid, job analysis and financial and expense performance comparisons
- Worldwide Tax forecasting and modeling of Effective Tax Rate and Cash Taxes working closely with financial planning, operations, and treasury teams and executives across the company
- Tax planning and research including providing the financial analysis support for initiatives/projects law change modeling
- Analyze proposed acquisitions to assess the tax impacts of proposed transactions including working with legal on purchase documentation language
- Coordinate US Federal and State corporate income tax return filings
- Review US Estimated tax payments
- Maintain tax reserve inventory (FIN48, FAS5)
- Effectively manage relationships and deadlines with internal team, external auditors and oversee the work of third party service providers within budget and time constraints
- Strong time management skills to manage multiple projects and competing priorities simultaneously under short timelines
- Knowledge of Hyperion Planning, Essbase and Oracle Finance ERP is an asset
- Self-motivated with a positive collaborative attitude
- 5+ years of progressive experience within finance
- Ensures timely and accurate development and submission of management reporting
- Lead month-end accounting close activities