What is a Senior Manager Financial Planning & Analysis job?
A Senior Manager Financial Planning & Analysis job is a high-level position within a financial department of a company. This position is responsible for managing and analyzing the financial performance of the company. The Senior Manager Financial Planning & Analysis job encompasses a range of tasks that are focused on financial planning, forecasting, and analysis. The role is crucial in providing valuable insights to the management team to support business decisions.
What usually do in this position?
In this position, the Senior Manager Financial Planning & Analysis job is responsible for managing a team of financial analysts to provide insights and recommendations to the company's senior leadership team. They are responsible for developing financial plans and forecasts, identifying trends and opportunities, and providing insight into the company's financial performance. They also need to develop and monitor key performance indicators (KPIs) to track the company's progress towards its goals.
Top 5 skills for the position
- Financial analysis and modeling skills
- Excellent communication and presentation skills
- Strong leadership and team management skills
- Advanced knowledge of financial software and tools
- Attention to detail and ability to work under pressure
How to become this type of specialist?
To become a Senior Manager Financial Planning & Analysis specialist, one must have a Bachelor's degree in finance, accounting, or a related field. A Master's degree in finance or business administration is also preferred. After completing an educational degree, candidates need to have relevant work experience in the financial field. They must have excellent analytical, communication, and leadership skills. Candidates may also consider obtaining a professional certification, such as Certified Financial Analyst (CFA) or Certified Management Accountant (CMA).
Average salary
The average salary for a Senior Manager Financial Planning & Analysis job in the United States is around $130,000 per year. However, the salary may vary based on the company size, location, and experience.
Roles and types
The Senior Manager Financial Planning & Analysis job is a crucial position in the finance department of a company. Some common roles include Senior Manager of Financial Planning, Senior Manager of Financial Analysis, Senior Manager of Financial Reporting, and Senior Manager of Budgeting and Forecasting.
Locations with the most popular jobs in USA
The most popular locations for Senior Manager Financial Planning & Analysis jobs in the United States are New York City, San Francisco, Chicago, Los Angeles, and Boston. These cities are home to many large corporations and financial institutions.
What are the typical tools?
The Senior Manager Financial Planning & Analysis job requires the use of various financial software and tools, such as Excel, Tableau, SAP, Oracle, and Hyperion. They also need to have advanced knowledge of financial modeling, forecasting, and data analysis.
In conclusion
The Senior Manager Financial Planning & Analysis job is a critical position within a company's finance department. The role requires strong analytical, leadership, and communication skills. The Senior Manager Financial Planning & Analysis specialist is responsible for providing valuable insights to support business decisions. Obtaining a professional certification, having relevant work experience, and advanced knowledge of financial software and tools are essential to becoming a successful Senior Manager Financial Planning & Analysis specialist.