Financial Planning Associate Job Description

Financial Planning Associate Job Description

4.6
162 votes for Financial Planning Associate
Financial planning associate provides CFO, VP Financial Planning, Senior Director Financial Planning and Senior Manager Financial Planning – Forecasting with Board and C-suite-related matters.

Financial Planning Associate Duties & Responsibilities

To write an effective financial planning associate job description, begin by listing detailed duties, responsibilities and expectations. We have included financial planning associate job description templates that you can modify and use.

Sample responsibilities for this position include:

Partnering with business lines to understand dynamic business drivers, operational challenges, and multi-year strategic plan all aimed at assisting business areas gain greater insights into resource allocation trade-offs and impacts to alternatives, inclusive of recommendations
Working with the Business Head and the Technology, Credit, Marketing, Operations, Legal and Compliance leadership teams to build a business plan and financial projection model for the business
Collaborate with Enterprise FP&A teams broader finance community within other company business lines to ensure financial processes are aligned and end-to-end financial and business activities are well understood
Partner with business lines to understand dynamic business drivers, operational challenges, and the multi-year strategic plan
Working with the Business Head and the Technology, Credit, Marketing, Operations, Legal and Compliance leadership teams to define Key Performance Indicators (KPIs) for the Business and establish infrastructure to track / measure performance against KPIs on an ongoing basis
Assists Financial Advisors with information gathering while providing knowledge of the Financial & Wealth Planning questionnaire, only after attaining required licensing
Develop process documentation for key aspects of Corporate Group financial management including process flow charts and work instructions in support of enhanced resource management and business continuity
Operating, maintaining and developing the consolidated business lines financial models
Conducting financial analysis on firm’s business units and corporate functions
Maintain a working knowledge of all business area functions, their operations strategies, challenges and resource needs

Financial Planning Associate Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Financial Planning Associate

List any licenses or certifications required by the position: CFP, CHFC, CLU

Education for Financial Planning Associate

Typically a job would require a certain level of education.

Employers hiring for the financial planning associate job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Accounting, Finance, Economics, Business/Administration, Business, Financial Services, Financial Planning, MBA, Education, Technology

Skills for Financial Planning Associate

Desired skills for financial planning associate include:

Systems
Procedures and structure
TD Waterhouse products
Investments and financial markets
Business
Operations and regulatory environment
Investment products
Department and Firm policies/procedures and industry regulations related to financial planning business
Microsoft Office suite
Wealth Planning questionnaire

Desired experience for financial planning associate includes:

Coordinate monthly financial outlook estimates across all income statement categories
Identify repetitive control breaks
Create and maintain monthly Executive Management Report (EMR)
Partner with department management to provide subject matter expertise, triangulation, and guidance on spending money wisely
Contribute to the design, build and maintenance of department budgeting, forecasting and expense management processes
Measure and track department financial performance over time, including budgeting and forecasting accuracy

Financial Planning Associate Examples

1

Financial Planning Associate Job Description

Job Description Example
Our innovative and growing company is hiring for a financial planning associate. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for financial planning associate
  • Support manager and colleagues in looking across the business lines to identify common trends, perform analysis, and articulate options and financial impacts
  • Participate in the process of allocating Shared Service costs to Business Units
  • Building the financial planning, reporting, and analysis infrastructure for the Business, including budgeting processes and reconciliation to actual financial results, measurement and tracking of expenses incurred, and financial forecasting and modeling
  • Interfacing with GS internal groups on FTP, capital allocation and NII measurements for the business
  • Preparing financial reports and monitoring the financial performance of the business
  • Incorporating regulatory capital modeling for the Business under CCAR, Basel III Standardized, Basel III Advanced, and GS internal approaches into broader financial planning, in conjunction with a designated team of GS internal professionals
  • Develop detailed financial planning models, liaising closely with our two core businesses in Financial Services and Eight Roads to drive high quality decision making and closely monitor business and Firm performance
  • Produce ad hoc analysis to drive key strategic business decisions for the senior leadership
  • Facilitate consolidation of data from business facing FP&A teams for firm wide reporting through creation of management and standard reporting templates
  • Partner closely with the business facing FP&A teams, Planning & Strategy, Treasury and the Group Finance teams
Qualifications for financial planning associate
  • Analyze and validate departmental spending, identifying risks and opportunities for improvement
  • Facilitate monthly closing process by providing department-level reporting to allow for review and explanation of variances
  • Lead development and formulation of annual operating budgets across
  • Support department management with development and formulation of project budgets as needed
  • Develop financial models and analyses to support strategic initiatives and cash flow planning across
  • Experience with EMoney or financial planning software a plus
2

Financial Planning Associate Job Description

Job Description Example
Our innovative and growing company is looking for a financial planning associate. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for financial planning associate
  • Driving reporting and forecasting improvements through systems enhancements and process improvement
  • Responsible for business development & coaching/supervision of sales/service representative to achieve both sales & general insurance volume of the bank
  • Execute CBG Bancassurance strategic plan to meet the overall business objectives
  • Preparation of pre-review appointment materials, including updating client and portfolio data
  • Prepare Records of Advice and Statements of Further Advice as required
  • Serve as primary interface with the company's Financial Accounting and Financial Reporting team for cash movements regarding loan portfolio, reporting information regarding assets and liabilities
  • Maintain loan portfolio model, tracking anticipated origination, draw and repayment activity
  • Manage and plan daily liquidity
  • Develop and maintain database for investment performance reporting
  • Support preparation of placement memoranda and other materials for the company's investors
Qualifications for financial planning associate
  • Strong knowledge and application of cost accounting, budgeting, forecasting, and financial control principals, policies and procedures
  • Ability to work both in a team environment and independently on multiple concurrent assignments with minimal supervision
  • A genuine interest in a career in Financial Planning
  • Budget and Mid-Year-Forecast
  • The Firmwide P&A team has a number of specific roles / deliverables, as such this role would be anticipated to support other Firmwide P&A deliverables during peak periods if needed
  • Over 6 years professional experience in handling large amount of data, analyzing P&L and Balance Sheet Drivers required
3

Financial Planning Associate Job Description

Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of financial planning associate. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for financial planning associate
  • Recommend enhancements to the financial planning and budgeting systems that effectively generate project and activity based reporting to meet internal business requirements
  • Build ad-hoc models to evaluate regional business/legal entity historical results, forecasts, budgets, and metrics
  • Communicates effectively across all functions to optimize the achievement of financial and business objectives
  • Establishes strong internal working relationships with business partners
  • Builds understanding of complex issues using rigorous analytical models and approaches for evaluating business opportunities, resource allocation decisions and productivity initiatives
  • Develops and executes ad hoc analysis to meet management and business requirements
  • Lead the monthly forecasting process with project team leaders and department heads in order to effectively manage the business and determine cash requirements
  • Work closely with the CFO and Corporate Controller to review and update business risks for quarterly and annual SEC reporting
  • Creating awareness and currency of the latest legislative and other financial industry changes that may affect Financial Planning techniques
  • Support and facilitate training efforts
Qualifications for financial planning associate
  • Understanding of primary GAAP vs
  • Strong working knowledge of Excel, Essbase and PowerPoint
  • Bilingual - Fluent in French and English
  • CSC, and CPH required at start date
  • WME is required within 18 months of hire
  • An extensive understanding and substantial knowledge of corporate finance concepts and FP&A best practices, including modeling, budgeting, forecasting, and KPI tracking
4

Financial Planning Associate Job Description

Job Description Example
Our growing company is looking to fill the role of financial planning associate. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for financial planning associate
  • Support preparation of business cases and pricing evaluations
  • Ensure alignment of activities with Business and Finance Services, Corporate Financial Analysis, Corporate Treasury, Corporate Tax and other functions
  • Support emerging development candidates (DCs) with business case analysis
  • Drive continuous improvement within the finance organization to streamline processes and improve communication and flow of information to the business
  • Assist in building out new reporting capabilities to help support business decisions and results
  • Solicit new ideas for training sessions
  • Produce consolidated 5 year forecasts on a quarterly basis encompassing cash flow, balance sheet and returns covering the underlying businesses
  • Support the production of analysis and reporting for Board committees, rating agencies and regulatory organisations on the consolidated results
  • Work closely with our Bermuda (head) office to develop and maintain investor specific forecasting models
  • Lead a reporting review across Group Finance identifying and implementing improvements to the content of regular reporting and to the efficiency of its production but also highlighting and fixing gap
Qualifications for financial planning associate
  • Strong project management skills and a track record building or leading significant financial reporting and forecasting efforts
  • Strong capability in Excel and PowerPoint
  • Assist users with plans they have created themselves
  • Minimum of eight years of progressive accounting and finance experience
  • Work with the Group CFO, the Head of Treasury, Eight Roads and the wider CFO Organisation, to produce ad-hoc management information for a variety of internal and external audiences
  • Qualified accountant (ACA/ACCA/CIMA, or non-UK equivalent)
5

Financial Planning Associate Job Description

Job Description Example
Our innovative and growing company is looking to fill the role of financial planning associate. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for financial planning associate
  • Participation in discussions and provide input surrounding business intelligence for the functions supported
  • Prepares, analyzes and interprets financial forecasts for utilization by management in the decision making process
  • Coordinates the monthly/quarterly forecast process, annual operating plan and strategic Plans
  • Motivates cross-functional teams by defining responsibilities, providing direction, and fostering a team environment
  • Prepares detailed financial models to support Marketing and Research leaders with decision making process associated with new product launches and marketing initiatives
  • Prepare monthly project and cost center financial reports and provide analysis relative to plan
  • Develop and coordinate annual financial budgets for the organization in partnership with project team leaders and department heads
  • Work closely with the CFO to prepare financial analysis for the Executive Committee and Board of Directors
  • Represent the finance function on clinical working teams to analyze clinical trial costs
  • Work closely with the Commercial department to develop eNPV analysis for pre-clinical and clinical candidates
Qualifications for financial planning associate
  • Relevant PQE experience covering the above duties
  • Strong knowledge of financial accounting and controls
  • Advanced Microsoft Excel and Power Point skills essential
  • Experience in a group function would be beneficial
  • A minimum of 5 – 7 years’ experience in accounting and finance
  • Strong understanding of accrual accounting as it relates to drug development and clinical operations

Related Job Descriptions

Resume Builder

Create a Resume in Minutes with Professional Resume Templates