Candescent · 2 days ago
Financial Planning & Analysis Manager
New York, NY
Full-time
Onsite
Senior Level
5+ years expCandescent is the leading cloud-based digital banking solutions provider for financial institutions. The Financial Planning & Analysis Manager plays a critical role in providing financial planning, analysis, and support to business unit leaders and corporate department leaders, overseeing budgeting, forecasting, and analytical insights to support the company’s strategic objectives.
BankingFinancial ServicesSaaS
Responsibilities
Lead the annual budgeting process, ensuring alignment with corporate goals and strategies
Develop and maintain detailed financial models to forecast business performance
Collaborate with department heads to gather, analyze, and incorporate operational inputs into the financial plan
Prepare monthly, quarterly, and annual financial reports, highlighting key performance indicators, variances to budget, and trends
Conduct variance analysis to understand the drivers behind over- or under-performance and recommend corrective actions
Provide ad-hoc financial analysis to support strategic initiatives and decision-making processes
Partner with the business unit or corporate leader and other senior management to identify opportunities for revenue growth and cost optimization
Evaluate the financial impact of new business opportunities, such as product launches, market expansions, or partnerships
Support the development and execution of the company's strategic plan
Communicate financial insights and recommendations effectively to non-finance stakeholders
Present financial results and forecasts to senior management and other key stakeholders
Act as a liaison between business units and corporate departments to ensure consistency in financial reporting and alignment with overall company objectives
Continuously improve financial processes and systems to increase efficiency and accuracy of financial reporting
Implement best practices in financial analysis and planning to enhance the quality of financial decision-making
Lead and develop a team of financial analysts, providing guidance and mentorship
Ensure the team is equipped with the necessary skills and tools to deliver high-quality financial support to the business unit
Qualification
Required
Bachelor's degree in Finance, Accounting, Economics, or related field; MBA or professional certification (e.g., CFA, CPA) is preferred
Minimum of 5-7 years of experience in financial planning and analysis, with a track record of increasing responsibility
Strong understanding of financial statements, accounting principles, and financial modeling techniques
Proficiency in financial software and systems (e.g., ERP, BI tools, Excel)
Excellent analytical, problem-solving, and strategic thinking skills
Strong leadership abilities and experience managing a team
Exceptional communication and interpersonal skills, with the ability to interact with all levels of the organization
Ability to work in a fast-paced environment and manage multiple projects with tight deadlines
Preferred
experience in fintech or SaaS business preferred but not required
MBA or executive-level certifications preferred
Company
Candescent
Candescent is a digital banking platform that offers online banking, account openings, and digital transaction services.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Donald Chesnut
Chief Design Officer
Gareth Gaston
Chief Product Officer
Recent News
Company data provided by crunchbase