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First United Bank · 1 day ago

Director of Financial Planning & Analysis

Plano, TX

Full-time

Onsite

Senior Level, Lead/Staff

10+ years exp

First United Bank is seeking a Director of Financial Planning & Analysis (FP&A) to lead financial planning, budgeting, forecasting, and performance analysis functions. This role is essential for supporting executive decision-making and driving financial strategy across the bank, requiring a blend of analytical expertise and leadership skills.

BankingFinancial ServicesInsuranceLending

Responsibilities

Collaborate closely with the Executive Team to strategize and shape long-term financial outcomes for the business units, spanning a comprehensive horizon of five to ten years

Transform and elevate FP&A to high-performance industry standards by fostering a culture of strategic, innovative thinking within financial operations

Collaborate with other leaders, such as business unit leaders, risk management, operations, and human resources, to drive overall business success

Create plans, both from an operational and financial perspective, to achieve the organization's Vision from its Strategy to drive accountability

Provide a strategic view of the enterprise and focus on big-growth drivers and performance factors

Drive change and transformation initiatives within the FP&A function and across the organization

Drive cost optimization initiatives while maintaining a strong control environment and compliance

Develop and implement capability programs to improve operational efficiency, customer satisfaction, and overall performance

Stay updated on technological innovations and their impact on the banking industry

Gain a comprehensive understanding of macro trends and organizational dynamics outside the finance silo

Continuously scan company operations, industry trends, and global factors to inform decision-making and shape the organization's vision

Partner with all Business Unit Leaders to build out a long-term strategic plan while balancing financial objectives

Provide financial perspective on innovation and profitable growth, translating the expectations of the capital markets into internal business imperatives

Drive pricing and margin high performance by analyzing and optimizing the bank's product and service pricing strategies

Develop integrated financial model aligning horizontal functions and vertical business lines, incorporating financial impacts of major technology initiatives from both cost and benefit perspectives into a 5-7 forecast framework

Lead the annual budgeting process, quarterly forecasting cycles, and long-term financial planning efforts

Analyze actual performance vs. budget/forecast and provide insight into key financial drivers, trends, and variances

Prepare and present monthly financial packages, dashboards, and presentations to senior leadership

Develop financial models and scenarios to evaluate business risks, and strategic opportunities

Drive efficiency in FP&A processes through system enhancements, automation, and best practices

Qualification

Financial modelingBanking financialsLeadership skillsForecasting toolsAnalytical skillsCommunication skillsOrganizational skillsTeam collaborationDecision making