DIRECTOR OF FP&A

Description

Job Title: Director of Financial Planning & Analysis

Department: Finance and Accounting

Reports To: CFO North America

FLSA Status: Exempt

Location: Murrieta, CA

Summary

A Financial Planning & Analysis (FP&A) Director plays a crucial role in driving the financial success of the North American Headquarters of KTM. The FP&A Director will collaborate with various departments to develop budgets, forecasts, and financial models, providing valuable insights to support strategic decision-making. This role requires a combination of financial expertise, analytical skills, and effective communication to ensure the company's financial goals are met. In this role, the incumbent will work directly with the KTM North America CFO, with its Controller and with its Austrian HQ.

Essential Duties And Responsibilities

• Financial Planning and Analysis (FP&A): Lead the budgeting and forecasting process and collaborate with department and executive leaders to establish budgetary goals. Conduct detailed analysis to identify opportunities for cost reduction, operational efficiency improvements, revenue optimization, capital expenditures, and cash management.
• Financial Reporting: Lead the preparation, analysis, and presentation of monthly, quarterly, and annual financial reports for senior management highlighting key insights and areas for improvement.
• Business Partnering: Collaborate with cross-functional teams to provide financial support and evaluate the financial impact of business initiatives and assist in decision-making.
• Ad-Hoc Analysis: Perform and present ad-hoc financial analysis in response to inquiries from senior management.
• Cash Flow Forecasting: Collaborate cross-functionally to prepare and update weekly the cash flow forecast for the North America entities
• Compliance with financial reporting standards: Ensure compliance with financial reporting standards and regulations.
• Accounting: Supporting the North America Controller, coordinate and lead some of the month-end and year-end close processes. Provide documentation to support the audit process.
• Continuous Improvement: Identify and implement opportunities for improving financial processes and reporting efficiency through the enhancement of financial procedures and best practices.
• Communication and Collaboration: Effectively communicate complex financial concepts to both financial and non-financial stakeholders. Collaborate with various departments to ensure alignment of financial goals with overall business objectives.
• Other duties as assigned.
  
  

Requirements

EXPERIENCE REQUIREMENTS: Generally, requires a minimum of three to five (3-5) years of progressively responsible experience in Financial Planning and Analysis (FP&A) and/or related field.

• Required proficiency in Microsoft Office Suite with advanced Excel skills.
• ERP systems knowledge required; SAP and Business Warehouse (BW) preferred
• Experience building and consolidating budgets and forecasts across multiple channels and locations
• Expertise in variance analysis and explanations for comparison of actual versus budget results or forecast versus budget, etc.
• Experience with task management and project coordination.
• Ability to lead and develop a team of financial analysts
• Knowledge of accounting practices, procedures, and requirements (US GAAP and IFRS preferred)
  
  

EDUCATION REQUIREMENTS: Bachelor’s Degree in Business, Finance, Accounting, Mathematics, or a related field (Master's/MBA preferred).

Other Skills And Abilities

• High level of accuracy and attention to detail. Proven analytical skills and the ability to synthesize conclusions clearly.
• Prioritize workloads, meet deadlines, and understand when to escalate potential issues. Ability to manage multiple tasks according to required deadlines with the flexibility to switch gears with little notice.
• Ability to be optimistic, positive, and supportive in all interactions with others.
• Exercise discretion and tact in all interpersonal contacts, and to always maintain confidentiality.
• Fact based approach and willing to understand the detail of the business and its transactions.
• General Ledger journal entries.
  
  

SUPERVISORY RESPONSIBILITIES: Financial Analysts

Contacts

Internal: All departments at all levels across North America and Global Headquarters

External: Financial and Tax Auditors and Consultant, External Vendors

JUDGEMENT/REASONING ABILITY: Ability to recognize discrepancies and resolve problems quickly using sound judgment, poise, and diplomacy. Requires ability to use judgment and reasoning skills and determine when issues need to be escalated.

PHYSICAL DEMANDS: Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to talk and hear. The employee is frequently required to sit; use hands and fingers, bend, stoop and reach with hands and arms.

Ability to lift-up to 30 pounds less than 5% daily

Able to sit at a desk and use/view computer 90% daily

Able to hear and speak into a telephone 30% daily

Able to stand, bend, stoop, twist 20% daily

WORK ENVIRONMENT: The noise in the work environment is usually moderate. Other factors are:

• Ability to travel if needed. Travel is minimal (less than 5% annually) in this position.
• Fast paced with multi-level distractions.
• Professional, yet casual office work environment.
• Ability to work extended hours as required.
  
  

Required Pre-Hire Screenings

• Criminal - Felony and Misdemeanor 7 Years
• National Criminal Data Base 7 Years
• Social Security Verification
• National Sex Offender
• NDOT or DOT Drug Screen per job requirement