Financial Planning & Analysis Manager

Scope

Use of record is mandatory for employees supervised by Human Resources of FMC D-GmbH, location Bad Homburg. All not affected organisations have to at least address the topics indicated by “*” in their corresponding local documentation.

Function*

Title (m/f/d):

Financial Planning & Analysis Manager

Goal of function:

The FP&A Manager manages the daily transactional operations of FP&A (sub-) processes to deliver services that meet Service Level Agreements and customer expectations, improves operational effectiveness and efficiency, leads the process of solving operational issues and drives people management and development.

Tasks*

Responsibilities:

• Hold responsibility for timely and correct execution of ongoing transactions of respective (sub-) process (i.e. reporting, cost allocation)
• Accountable for consistent and ongoing application of rules, guidelines and policies set by Global Finance
• Monitor ongoing execution of (sub-)process in accordance with global process design
• Support the FP&A process design and the management of change requests (e.g. by Local Finance)
• Accountable that SLAs are met (incl. regular performance reporting to internal clients)
• Manage resolution process of issues raised within (sub-) process area and align topics with relevant stakeholders

Performance Management and Leadership:

• Support and manage implementation of continuous improvement measures (incl. automation, process streamlining, participation in group-wide solution projects)
• Contribute to achieve operational efficiency targets and realization of aligned business requests
• Lead SSC FP&A team members to ensure staff performance, motivation and development (incl. ongoing coaching and appraisals)
• Support functional on-boarding of new team members

Reporting:

• Preparation of management reporting, incl. data gathering, validation and consistency checks (incl. monthly, quarterly and year-end performance reporting, sales reporting, cost reporting, functional reporting)
• Provision of management commentary for reports in scope
• Review and validate management reports; liaise with Local Finance for input and stakeholder reviews
• Coordinate and monitor Controlling-related month-end activities (incl. allocations and settlements)
• Support of annual budgeting process (incl. gathering of historical information)
• Support CO-related data management and drive FP&A-related project activities

Organization*

The function incumbent reports to:

Organizational unit:

GBS FP&A Lead

GBS FP&A

Important internal interfaces:

Important external interfaces:

Cooperation with other departments, sites, subsidiaries etc.

• Finance Business Partner and Business Organisation
• Accounting, Internal Controls and Supply chain

Please list cooperation with important external companies, agencies, authorities etc.

• -

Qualifications, experience, know-how and skills critical for success*

1) Required training and education:

Vocational training, university degree, PhD, MBA, specialized further education etc.

• University degree, preferably in Finance / Controlling / Business Administration; Postgraduate university degree is a plus
• CPA, ACCA, CMA, CIMA or equivalent accounting certification is a plus

2) Required professional experience (in years):

Please list the minimum number of years of professional experience required, as well as all relevant experience in specific functions, e.g. project management or line management experience.

• 10+ years of experience in a relevant area (esp. FP&A), thereof 3-4 years of experience in a supervisory role

3) Required personal competencies:

Please list the qualities that are of special significance for the successful performance of tasks if they have not been outlined sufficiently in an attached competence profile.

• Excellent written and verbal communication skills in English (other languages will be a plus)
• Ability to work under pressure to strict deadlines with strong problem solving and organizational skills
• A high level of numerical and analytical skills
• Healthcare industry experience.
• Proven experience in a multi-state, multiple legal entity environment preferred.
• In-depth knowledge of governance,  standard management reporting & planning processes
• Flexibility - Able to remain open-minded and change opinions on the basis of new information; perform a wide variety of tasks and change focus quickly as demands change; manage transitions effectively from task to task; adapt to varying customer needs.
• Customer Focus - Able to demonstrate a high level of service delivery; do what is necessary to ensure customer satisfaction; deal with service failures and prioritize customer needs.
• Initiative - Able to bring about great results from ordinary circumstances; prepare for problems or opportunities in advance; transform leads into productive business outcomes; undertake additional responsibilities and respond to situations as they arise without supervision.
• Resource Management - Able to control one’s own time and time of direct reports; prepare budgets and spend money wisely; ensure that people have needed equipment; identify and fulfill staffing needs.
• Continuous Learning - Able to stay informed of current industry trends; learn and apply new concepts and demonstrate career self-reliance; identify own areas of opportunity; set and monitor self-development goals.

4) Other specialized knowledge, expertise and skills:

a) Functional knowledge

• Solid experience in financial planning, budgeting, forecasting, and variance analysis, including cost centre controlling and profitability analysis
• Proven track record in a shared services environment
• Strong commercial finance skills, including preparation of business cases for investments, tenders, and commercial deals, as well as performance analysis using business KPIs
• Proficient in preparing management reports and presentations for senior stakeholders, and familiar with group reporting standards (IFRS) and compliance requirements
• Ability to collaborate effectively across departments (e.g. Accounting, Operations, Medical, Commercial) and contribute to cross-functional and international projects

b) IT skills

• Proficient in Microsoft Office applications, particularly Excel and PowerPoint, for data analysis and presentation
• Familiar with ERP systems, ideally within an SAP environment; experience with Power BI tools is an asset
• Exposure with planning and forecasting tools such as Anaplan is a plus
• Solid understanding of modern communication tools and digitalization trends

c)  Languages

• High fluency in English language in the business environment

5 ) Special personal requirements:

• Working for an international company with international standards