Financial Planning and Analysis Manager

The mission of the Upper Manhattan Empowerment Zone Development Corporation (UMEZ) is to sustain the economic revitalization of all communities in Upper Manhattan through job creation, corporate alliances, strategic investments and small business investments.  UMEZ facilitates economic development in the neighborhoods of Central, East and West Harlem, Washington Heights; and Inwood.

UMEZ is a recognized Community Development Financial Institution (CDFI), certified by the U.S. Department of the Treasury’s CDFI Fund, with over $80 million in assets. UMEZ is proud to be a part of a national network promoting economic growth by financing businesses, creating jobs, and rebuilding neighborhoods.

Job Title: Financial Planning and Analysis Manager

Reports to: President & Chief Executive Officer and Chief Financial Officer

Summary: The Financial Planning and Analysis Manager (FP&A Manager) serves as a bridge between the finance department and other parts of the organization, ensuring that the company’s financial strategy supports its operational goals and adjusting that strategy based on ever-changing external and internal conditions.

Essential Duties and Responsibilities (Include the following and other duties may be assigned):

Financial Management 

• Assist with forecasting and budgeting processes. 
• Monitor financial performance and track financial statement metrics for review by the CFO to ensure stability and growth
• Together with the CFO, prepare and present financial reports to the senior management, and committees of the board of directors relating to financial risks, investment returns, depository accounts, and liquidity status.
• Assist with compliance reporting for funders, including CDFI Fund and Bank Loan Agreements
• Analyze financial data for prospective grantees and assist with review and analysis of financial deliverables.
• Perform variance analysis to compare actual financial performance against budgets and forecasts, identifying discrepancies and areas for improvement.

Risk Management

• Analyze financial data and market trends to help the organization anticipate and mitigate risks related to its financial strategy.

Performance Metrics

• Develop and refine key performance indicators (KPIs) and to measure the organizations performance; and provide support for data-driven decision making

Governance and Compliance

• Together with the CFO, ensure compliance with CDFI financial regulations and internal policies. Ensure that the organization's financial practices are transparent and uphold the principles of corporate governance

Financial Analyst responsibilities:

• Analyze current and past financial data and performance.
• Analyze financial data, industry trends, and provide forecasting support.
• Create financial models based on analysis to support organizational decision making.
• Organize and prepare data into accessible reports and perform various types of scenarios and analysis using key metrics to inform corporation’s expansion strategy.
• Assist with financial functions, such as assessing, planning, budgeting, cost control and project control.
• Evaluate and analyze a company’s financial data and provide recommendations for guiding business investments and overall financial strategy.

Supervisory Responsibilities: This job has no supervisory responsibilities.

Background and Experience

• Bachelor’s degree in Accounting, Finance, or related field
• MBA preferred with two-year professional experience as an accountant or auditor
• 5-10 years of experience in the field or in a related field
• Familiarity with financial programs and software
• Strong project management and analytical skills along with good judgement
• Strong Excel spreadsheet skills (v-lookups, pivots, macros)
• Thorough understanding of Generally Accepted Accounting Principles
• Excellent organizational skills and attention to detail
• Community residence and/or familiarity with Upper Manhattan community preferred.