Director of Financial Planning & Analysis

Job Summary:

First United’s Director of Financial Planning & Analysis (FP&A) leads the financial planning, budgeting, forecasting, and performance analysis functions. This role is critical in supporting executive decision-making and driving financial strategy across the bank. This role requires a strong mix of skills including analytical expertise, leadership skills, and deep understanding of banking financials and KPIs.

Major Duties and Responsibilities (Essential Functions):

• Collaborate closely with the Executive Team to strategize and shape long-term financial outcomes for the business units, spanning a comprehensive horizon of five to ten years.
• Transform and elevate FP&A to high-performance industry standards by fostering a culture of strategic, innovative thinking within financial operations.
• Collaborate with other leaders, such as business unit leaders, risk management, operations, and human resources, to drive overall business success.
• Create plans, both from an operational and financial perspective, to achieve the organization's Vision from its Strategy to drive accountability.
• Provide a strategic view of the enterprise and focus on big-growth drivers and performance factors.
• Drive change and transformation initiatives within the FP&A function and across the organization.
• Drive cost optimization initiatives while maintaining a strong control environment and compliance.
• Develop and implement capability programs to improve operational efficiency, customer satisfaction, and overall performance.
• Stay updated on technological innovations and their impact on the banking industry.
• Gain a comprehensive understanding of macro trends and organizational dynamics outside the finance silo.
• Continuously scan company operations, industry trends, and global factors to inform decision-making and shape the organization's vision.
• Partner with all Business Unit Leaders to build out a long-term strategic plan while balancing financial objectives.
• Provide financial perspective on innovation and profitable growth, translating the expectations of the capital markets into internal business imperatives.
• Drive pricing and margin high performance by analyzing and optimizing the bank's product and service pricing strategies.
• Develop integrated financial model aligning horizontal functions and vertical business lines, incorporating financial impacts of major technology initiatives from both cost and benefit perspectives into a 5-7 forecast framework.
• Lead the annual budgeting process, quarterly forecasting cycles, and long-term financial planning efforts.
• Analyze actual performance vs. budget/forecast and provide insight into key financial drivers, trends, and variances.
• Prepare and present monthly financial packages, dashboards, and presentations to senior leadership.
• Develop financial models and scenarios to evaluate business risks, and strategic opportunities.
• Drive efficiency in FP&A processes through system enhancements, automation, and best practices.

Additional Duties and Responsibilities

• Adherence to First United Policies and Procedures
• Complete all required compliance exams on an annual basis
• Perform other duties as assigned

Knowledge and Skills Requirements:

• Bachelor's degree in Finance, Accounting, Economics, or related field (MBA, CPA, or CFA preferred)
• 10+ years of progressive experience in FP&A or corporate finance, with at least 3–5 years in the banking or financial services sector
• Strong understanding of banking P&L, balance sheet, capital, and regulatory reporting
• Proficiency in financial modeling, forecasting tools, and analytics platforms (e.g., Excel, Power BI)
• Well-developed leadership, communication, organization, and analytical skills.
• Ability to learn, analyze, interpret, and make decisions using ideas and mental constructs. Can choose a Strategy from multiple ambiguous choices and adapts to reality.
• Proven ability to influence cross-functional teams and drive strategic initiatives
• Experience leading within a matrix organizational structure and cultivating a “Team of Teams” dynamic.
• Ability to learn, analyze, interpret, and make decisions using ideas and mental constructs. Can choose a Strategy from multiple ambiguous choices and adapts to reality

NOTE: This job description is not intended to be all-inclusive. Employees may perform other related duties as assigned by the supervisor to meet the ongoing needs of the organization.

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