Director of Financial Planning and Analysis

Description

The Director of Financial Planning and Analysis reports to the VP of Finance and leads Wheeler Machinery’s planning, budgeting, forecasting, performance management, variance analysis, and decision support.

This role requires a deep understanding of corporate finance, financial modeling, and dealership economics, as well as the ability to lead and develop a team of finance professionals. The Director of FP&A works closely with business unit leaders to ensure that financial objectives are met and that planning, forecasting, and reporting processes are efficient and effective.

FP&A delivers insights, not reports. The Director of FP&A is accountable for improving the decisions leadership makes about growth, margins, cash, and capital, to ensure that the organization’s plans are achieved and ultimately create value.

• Serve as a trusted financial business partner to organizational leadership.
• Facilitate long range planning and maintain the three-year financial model, translating strategic objectives into a financial illustration of the strategy.
• Validate that the Annual Business Plan and the forecast are aligned with strategic objectives and adequately resourced.

• Lead and mentor the FP&A team, fostering a culture of accountability, continuous improvement, and professional growth.
• Provide guidance, training, and performance evaluations to team and direct reports; build bench strength and a clear path of progression for team.
• Ensure that the FP&A team has the skills, tools, and resources necessary to perform at a high level.

• Lead the annual budgeting process, including the budget calendar, planning milestones, and assumption discipline across the Company.
• Monitor and analyze budget performance, providing insights and recommendations to senior management.
• Work with department heads to develop and maintain accurate financial forecasts.
• Develop and manage budgets for departments and the organization.
• Support the allocation of resources based on strategic priorities.
• Own the monthly and rolling forecast process for revenue, gross profit, EBITDA, free cash flow, and working capital.
• Lead Zero-Based budgeting to ensure that proposed spending is justified by the activity it funds and supports strategic objectives.
• Predict future financial performance and provide insights.
• Partner with Sales, Supply Chain, and Finance in the SIOP process to align the demand plan with the financial forecast.
• Provide ongoing financial modeling and scenario analysis expertise to business partners.

• Deliver monthly business unit financial reporting packages.
• Prepare the Monthly Business Review deck, including high-level results, budget versus actual, forecast update, pullers versus draggers, risks and opportunities, and KPIs.
• Lead department and business unit financial reviews, driving discussion of results, drivers, gaps, risks, and actions.
• Work in conjunction with the accounting, IT and BI groups to ensure that reporting tools, data definitions, and processes support the ongoing and future needs of the business.
• Provide the results, commentary, and supporting analysis required for ownership, lender, and board reporting.

• Own the standard analysis suite: budget versus actual, forecast versus actual, revenue and gross margin bridges, customer profitability, risk and opportunity, value leakage, and ROIC.
• Explain revenue movement in terms of volume, price, mix, customer growth, and attrition.
• Deliver business unit performance analysis across divisions, including price versus volume, revenue mix, gross margin enhancement, productivity and…