Stride K12 - Columbus, OH
posted about 2 months ago
The Financial Planning and Analysis (FP&A) role is crucial for managing the financial activities of the organization. This position focuses on controlling financial resources and ensuring compliance with regulations, accounting principles, and standards. The FP&A professional will be responsible for financial analysis and reporting, taxation, insurance, credit control, accounts payable (AP) and accounts receivable (AR), inventory and cost control, as well as budgeting and forecasting. The role involves analyzing the organization's revenues, liabilities, credit conditions, and other financial indicators to forecast its short, medium, and long-term cash flow position. Additionally, the FP&A professional will evaluate and recommend investments and other financial instruments to meet cash flow needs, present findings and recommendations to top executives, and prepare financial reports. It is essential that all tax returns, declarations, and other required reports are submitted accurately and in a timely manner. The essential functions of this role include preparing the annual budget, monthly forecasts, and periodically a long-range plan. The FP&A professional will own financial models, building them from scratch and improving existing models. They will partner with the accounting team to ensure the integrity of financial results and submit accruals when necessary. The role also involves reviewing variances against forecasts, budgets, and prior years, and effectively communicating the financial story of the business area. The FP&A professional will prepare value-added financial analyses and drive outcomes in various business areas, acting as a trusted financial partner to multiple stakeholders. A strong understanding of proper business practices is essential for success in this role.