Sr. Manager, Financial Planning

Disability Solutions - Homewood, PA

Full-time - Senior

Homewood, PA

About the position

The Senior Manager, Financial Planning - Engineering is responsible for overseeing financial activities within the Engineering sector, ensuring effective management reporting, budgeting, and financial processes. This role emphasizes accountability, cost consciousness, and continuous improvement while providing key financial insights to support operational analytics and corporate strategy implementation.

Responsibilities

• Ensure management reporting and financial management processes are dynamic and relevant to business and drive business performance.
• Provide Senior Leaders and their respective teams with guidance and advice on their Operating and Capital expenditures, trends, and metrics.
• Identify gaps and provide recommendations to strategically enhance financial performance and business opportunities, and provide a full range of financial solutions.
• Ensure dashboards are dynamic, appropriate, and result in management actions.
• Recommend regional benchmark exercises for measuring financial performance.
• Develop meaningful Key Performance Indicators (KPIs) for stakeholders and drive change as a result.
• Actively pursue opportunities to deliver cost savings and efficiency gains.
• Effectively deploy Capital to maximize returns.
• Direct the development and analysis of business cases for the function's Capital investment proposals.
• Provide appropriate oversight on Capital spend versus project advancement.
• Handle Operating and Capital budgeting and planning processes while ensuring they are dynamic and aligned with business needs.
• Direct and translate the corporate business plan into Operating expense budgets and Capital plan investments.
• Ensure buy-in by key stakeholders on budgets by making them understand the assumptions and key elements used to establish the budget.
• Monitor, analyze and explain monthly Operating results against budget.
• Direct and validate the preparation and distribution of weekly, monthly, quarterly reports on expenditures and key performance metrics, including various analysis as required.
• Handle the preparation and distribution of financial reports, outlooks, and forecasts.
• Handle changes and transfers within the Operating and Capital budgets.
• Take a hands-on position of developing, implementing, and maintaining comprehensive financial forecasting systems.
• Advise and inform senior management teams on the opportunities and risks associated with the outlooks and keep Financial Planning abreast of the changes to the Year End Outlook.
• Drill down on unexpected variances to provide explanations to key stakeholders and establish corrective actions through discussions with Engineering Senior Management.
• Ensure that effective controls are in place to ensure compliance with Sarbanes-Oxley Act (SOX) and Generally Accepted Accounting Principles (GAAP) including monitoring and reporting.
• Proactively review and implement new processes triggered by new accounting pronouncements, new systems, or other.
• Provide recommendations and procedural improvements for financial audit issues and controls.
• Direct and sign-off on balance sheet account reconciliations.
• Ensure the integrity of financial transactions created by the department.
• Respond to questions, provide day-to-day support to Engineering staff pertaining to financial systems, and provide them with basic financial insights in order to perform the administrative portion of their duties adequately.
• Lead, coach, and develop a team of Finance professionals.
• Help foster collaboration and best practice within the team and beyond.
• Monitor progress and performance of the team.
• Provide direction, accountability, coaching, and mentoring to the team.
• Coordinate responses where needed on questions from external auditors.

Requirements

• Minimum 10 years of experience in progressively responsible financial leadership or operational roles.
• Experience in project management, system or software development, and managing data.
• Experience in back-end and front-end development (e.g., Microsoft SQL Server, VB.net, ASP, Java, HTML, ColdFusion).
• Bachelor's Degree with a concentration in Finance or Accounting.
• Master's Degree in Business Administration (MBA) is preferred.
• Chartered/Certified Professional Accountant (CPA) designation is preferred.

Nice-to-haves

• Any designation related to finance or accounting would be considered an asset.

Benefits

• Paid training and opportunities for long-term career development.
• Recognition for hard work and contributions to the company.