Financial Planning

**Financial Planning & Analysis Manager**

Department: Finance

Classification/Level: Department Manager (DM-5)

Position Status: Full-Time

Employment Status: Permanent

**Position Summary**

**Reporting Relationship**

The Financial Planning & Analysis Manager will report to the Enaagdenjged.

**ESSENTIAL FUNCTIONS**

**Strategic Planning**:

- Collaborate with senior leadership to develop long-term financial strategies.
- Align financial plans with the community’s vision and goals.
- Conduct scenario analysis to inform strategic decision-making.
- Evaluate the financial impact of strategic initiatives and policy changes.
- Facilitate workshops with stakeholders to gather input on strategic priorities.

**Budget Management**:

- Facilitate the preparation of annual budgets and financial forecasts.
- Ensure departmental budgets align with organizational objectives.
- Implement a budget tracking system to monitor performance against targets.
- Review and adjust budgets based on financial performance and changing conditions.
- Provide training and guidance to department heads on budget preparation and management.

**Financial Modeling**:

- Develop and maintain complex financial models for various scenarios.
- Assess the impact of business decisions on financial performance.
- Create sensitivity analyses to evaluate risks and opportunities.
- Regularly update financial models based on new data and market conditions.
- Present model findings and recommendations to senior management.

**Data Analysis**:

- Analyze financial data to identify trends, variances, and opportunities.
- Prepare comprehensive reports and insights for senior management.
- Conduct benchmarking against industry standards and competitors.
- Utilize data visualization tools to present findings effectively.
- Develop key performance indicators (KPIs) to track financial health and operational efficiency.

**Reporting**:

- Lead the monthly financial reporting process, including variance analysis.
- Present findings and recommendations to Chief & Council and community members.
- Create detailed reports for internal stakeholders to facilitate informed decision-making.
- Ensure timely distribution of financial reports to all relevant parties.
- Maintain documentation and records of financial reports for audit purposes.

**Cross-Functional Collaboration**:

- Work closely with various departments to gather relevant financial information.
- Ensure alignment of financial plans with strategic initiatives.
- Facilitate regular meetings with department heads to discuss financial performance.
- Serve as a financial advisor to departments during project planning.
- Collaborate on cross-departmental projects to enhance financial understanding and decision-making

**Investment Evaluation**:

- Assist in evaluating potential investments and partnerships.
- Conduct feasibility studies for new initiatives and projects.
- Analyze the return on investment (ROI) for proposed projects.
- Prepare business cases to support funding requests.
- Monitor the performance of existing investments and provide updates to management.

**Process Improvement**:

- Drive enhancements in financial processes and reporting systems.
- Increase efficiency and accuracy in financial operations.
- Identify areas for automation and streamline reporting processes.
- Establish best practices for financial analysis and reporting.
- Conduct regular reviews of financial processes to ensure compliance and effectiveness.

**Team Leadership**:

- Mentor and develop FP&A team members, fostering professional growth.
- Promote a culture of accountability and ethical financial practices.
- Conduct regular performance evaluations and provide constructive feedback.
- Facilitate training sessions to enhance team skills and knowledge.
- Encourage collaboration and knowledge sharing within the team.

**Compliance and Regulation**:

- Ensure financial practices comply with relevant regulations and standards.
- Stay informed on funding sources and financial regulations affecting First Nations.
- Prepare for audits by maintaining organized financial records.
- Develop and implement internal controls to mitigate financial risks.
- Regularly review financial policies and procedures for compliance with laws.

**Working Relationships**:

- **Enaagdenjged**

Receives direction, guidance, and encouragement; discusses plans and priorities.
- **With Department Managers and Supervisors**

Provides guidance, and encouragement; maintains control through teamwork and direction.
- **With Other Staff**

Courtesy, cooperation, and teamwork with all staff.
- **With External Agencies.**

Represents and promotes the M’Chigeeng First Nation’s interests relative to educational services; maintains awareness of legislative, policy and program changes; seeks to develop close working relationships.
- **With the Community Members**

Represents and promotes educational interest and opportunities of the M’Chigeeng First Na