Senior Director, Corporate Financial Planning & Analysis

Overview

Position

Reporting to and working closely with the VP, Finance and Capital Strategies, the Senior Director, Corporate FP&A will be responsible for core FP&A matters along with direct involvement on a broad range of strategic initiatives. This senior finance role will partner with teams across the organization, including accounting, treasury, information technology, human resources, lending, program areas, and affiliate businesses.

 

This is an excellent opportunity to be part of the finance team at one of the largest Community Development Finance Institutions (CDFIs) in the country. This is an ideal position for candidates looking to apply their financial acumen to a mission-aligned role. This position is designed to work across LISC’s multiple business segments and offers the chance to gain an in-depth view and understanding of the full financial operations of the organization.

 

The position will be preferably based in New York, NY, though we are willing to entertain other locations within LISC’s footprint.

 

Responsibilities

 

Budget and financial reporting

• Responsible for the formulation, presentation, justification, and execution of LISC’s annual budget.
• Author presentations and memos for presentation to senior leadership and board.
• Partner with senior management, accounting, and business unit leaders to provide consistent and reliable financial insights across the organization, including quarterly reforecasting and variance analysis.
• Achieve fluency in the reporting structure and logic of Vena, LISC’s budgeting and financial reporting tool. Oversee and recommend modifications to Vena workflow and processes as needed.
• Lead and develop the team to ensure skill sets are in place to meet business needs.
• Implement process improvements and system enhancements to drive efficiency and strengthen ties with teams across LISC.

Forecasting and modeling

• Key thought partner in leveraging financial models to deliver insights and make recommendations for resource allocation.
• Lead the team responsible for maintaining a multi-year financial forecast model. Run scenario analysis, analyze net margin contribution of each business unit, and revisit assumptions on a quarterly basis.
• Analyze and evaluate budget center-level financial performance. Proactively work with managers to enforce expense management best practices.
• Leverage input from lending and treasury teams to inform capital planning, strategy, budget and forecast.
• Forecast capital raising and deployment activities. Run stress test scenarios and analyze impact on financial covenants and other key performance measures.
• Create insightful presentations of financial trends for executive leadership, board, investors and other external partners on at least a quarterly basis.
• Analyze historical and future forecasted performance of LISC’s affiliate businesses.
• Anticipate impact of affiliate activities on LISC’s financials, including fund formation and changes to the organizational structure.
• Oversight of the financial aspects of personnel management.

Performs additional duties and responsibilities, as required.

 

 

Qualifications:

• Bachelor’s degree from an accredited college or university in business, finance, economics, accounting, or related field is required. Master’s degree is preferred.
• Minimum of 10 years of progressive experience in financial planning and analysis, 5 of which must have been in a supervisory capacity.
• Fluency in financial statement analysis, financial modeling, and the core elements of a lending business model.
• Advanced understanding of GAAP accounting principles and fund accounting.
• Demonstrated ability to leverage financial accounting systems and reporting platforms.
• Exceptional communication and writing skills: able to communicate to audiences with varying degrees of financial expertise and synthesize complex financial concepts.
• Strong leadership skills and proven results at driving change across an organization.
• Excellent interpersonal, time management and project management skills.
• High degree of accountability, attention to detail and ability to manage competing deadlines.
• Excellent judgment, integrity, and professionalism.
• Fluency in Microsoft Office suite.