Director of Financial Planning and Analysis

Career Guide
The Director of Financial Planning and Analysis is responsible for overseeing the financial planning process, analyzing financial data, and providing strategic insights to support decision-making. This role typically involves leading a team of analysts, preparing forecasts and budgets, and guiding financial strategies to enhance organizational performance.

Key Responsibilities

  • Lead the financial planning and analysis team to ensure accurate and timely financial reporting.
  • Develop and maintain financial models to support strategic initiatives.
  • Provide insights and recommendations to senior management based on financial analysis.
  • Coordinate the budgeting and forecasting processes across departments.
  • Monitor financial performance against forecasts and budgets, identifying key trends and variances.

Top Skills for Success

Financial Modeling
Strategic Planning
Leadership
Data Analysis
Communication

Career Progression

Can Lead To
Chief Financial Officer
Vice President of Finance
Transition Opportunities
Consulting Roles
Executive Management Positions

Common Skill Gaps

Often Missing Skills
Advanced Data AnalyticsAI and Machine Learning
Development SuggestionsProfessionals should consider upskilling in advanced data analytics and machine learning through online courses or certifications to address these gaps.

Salary & Demand

Median Salary Range
Entry Level$120,000-$150,000
Mid Level$150,000-$180,000
Senior Level$180,000-$220,000
Growth Trend
The demand for Directors of Financial Planning and Analysis is growing steadily, driven by the need for strategic financial oversight in complex and competitive business environments.

Companies Hiring

Major Employers
AmazonGoogleJ.P. Morgan
Industry Sectors
TechnologyFinanceHealthcare

Recommended Next Steps

1
Pursue certifications such as CFA or CPA to enhance credibility.
2
Seek mentorship or coaching to refine leadership and strategic skills.

Explore More Roles

Browse our comprehensive database of roles and find your perfect match.