1. What is the average salary of a Financial Planning and Analysis Manager?
The average annual salary of Financial Planning and Analysis Manager is $138,849.
In case you are finding an easy salary calculator,
the average hourly pay of Financial Planning and Analysis Manager is $67;
the average weekly pay of Financial Planning and Analysis Manager is $2,670;
the average monthly pay of Financial Planning and Analysis Manager is $11,571.
2. Where can a Financial Planning and Analysis Manager earn the most?
A Financial Planning and Analysis Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Financial Planning and Analysis Manager earns the most in San Jose, CA, where the annual salary of a Financial Planning and Analysis Manager is $174,256.
3. What is the highest pay for Financial Planning and Analysis Manager?
The highest pay for Financial Planning and Analysis Manager is $167,235.
4. What is the lowest pay for Financial Planning and Analysis Manager?
The lowest pay for Financial Planning and Analysis Manager is $113,930.
5. What are the responsibilities of Financial Planning and Analysis Manager?
Financial Planning and Analysis Manager manages an organization's financial planning and analysis function to monitor business performance and plan investment, budgeting, and financial strategies. Implements policies and procedures to collect and analyze financial data to ensure accurate and consistent financial reporting and interpretation of financial metrics. Being a Financial Planning and Analysis Manager oversees financial modeling and analysis to measure and forecast the impact of various business decisions, economic scenarios, or capital investments. Utilizes financial statements, reports, and models to assist with budget planning, create financial projections, and advise cost management decisions. Additionally, Financial Planning and Analysis Manager ensures all financial analysis, planning, and reporting activities meet industry standards and regulatory compliance. Manages the preparation, coordination, and documentation of financial analysis and planning projects to promote and ensure quality standards and sound methodologies. Requires a bachelor's degree. Typically reports to a director. The Financial Planning and Analysis Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Financial Planning and Analysis Manager typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes.
6. What are the skills of Financial Planning and Analysis Manager
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
1.)
Coaching: Coaching is a form of development in which an experienced person, called a coach, supports a learner or client in achieving a specific personal or professional goal by providing training and guidance.
2.)
Work Ethic: A belief that work and diligence have a moral benefit and an inherent ability, virtue or value to strengthen character and individual abilities. A set of values centered on importance of work and manifested by determination or desire to work hard.
3.)
Financial Management: Financial management focuses on ratios, equities and debts. It is useful for portfolio management,distribution of dividend,capital raising,hedging and looking after fluctuations in foreign currency and product cycles.Financial managers are the people who will do research and based on the research, decide what sort of capital to obtain in order to fund the company's assets as well as maximizing the value of the firm for all the stakeholders. It also refers to the efficient and effective management of money (funds) in such a manner as to accomplish the objectives of the organization. It is the specialized function directly associated with the top management. The significance of this function is not seen in the 'Line' but also in the capacity of the 'Staff' in overall of a company. It has been defined differently by different experts in the field. The term typically applies to an organization or company's financial strategy, while personal finance or financial life management refers to an individual's management strategy. It includes how to raise the capital and how to allocate capital, i.e. capital budgeting. Not only for long term budgeting, but also how to allocate the short term resources like current liabilities. It also deals with the dividend policies of the share holders.