Sr. Manager of Financial Planning and Analysis

Location/Department: Archdiocese of Los Angeles - Financial Services 

Status: Exempt, Full Time 

Postion Summary

Reporting to the director of Finance, or the Chief Financial Officer or their designee, the director of Financial Planning and Analysis (FP&A) is a strategic and hands-on leader responsible for developing and executing financial planning budgeting, forecasting and analysis activities in support of the mission, values and goals of the Archdiocese of Los Angeles. The director is also responsible for managing the origination's cash flow and liquidity. They   develop strategies to optimize cash resources, ensure efficient payment processing, and manages short term investments. The director leads a staff of two professionals and coordinates with department heads and accounting is also staff in the various entities to create consolidated budget reports for senior leadership. This position is also responsible for financial accounting and reporting relates to the Archdiocesan High Schools.

Essential Functions

The director of FP&A is engaged in the ministry of the archdiocese. Accordingly, the director shall act in a manner consistent with the official teachings, doctrines, and laws of the Roman Catholic Church, as set forth in the Catechism of the Catholic Church and the policies of the archdiocese as set forth in the online Administrative Handbook.

Strategic

• Partners with senior leadership to align fiscal and budget strategies with the mission, values, and goals of the archdiocese.
• Develops and manages short-range and long-range financial plans, including scenario modeling and forecasting frameworks.

Budgeting And Forecasting

• Leads the annual budget process. Partners with department heads to understand their resource needs, help them design annual budgets, and provide them with periodic budget-to-actual reporting.
• Leads the annual report process for archdiocesan parishes and schools.
• Develops financial forecasts, ensuring alignment with strategic goals.

Financial Analysis

• Develops and monitors key performance indicators (KPIs) specific to the respective archdiocesan entities.
• Conducts research and analysis of financial trends including review of reports and metrics from the budgeting software system.
• Assists the director of Finance and Chief Financial Officer in the design, preparation, and presentation of key budget and status reports to senior leadership and the Finance Council on a periodic basis.

Cash and Liquidity Management

• Tracks current cash levels and ensures sufficient funds are available to meet obligations. 
• Establishes guidelines for cash handling, payments, and related controls. 
• Predicts future cash needs to support business operations and planning. 
• Oversees bank accounts, services, and fees, and negotiating favorable terms. 
• Ensures timely and accurate processing of payments via various methods (wire transfers, ACH, etc.). 
• Optimizes the use of available cash by investing in appropriate short-term instruments. 
• Compares actual cash flow to forecasts and investigates discrepancies. 
• Collaborates with accounting, finance, and other departments on cash-related matters. 
• Implements measures to protect against fraud, errors, and other potential issues. 
• Communicates cash flow information to management and other stakeholders.
• Collaborates with Department of Catholic Schools leadership to establish policies and monitor schools that receive direct financial support from the archdiocese (e.g., payroll advances). 

Archdiocesan High Schools

• Ensures Archdiocesan high schools are compliant with GAAP (Generally Accepted Accounting Principles), non-profit accounting standards, and relevant regulations.
• Supervises one staff member that serves as the business manager for select archdiocesan high schools.

Other Responsibilities

• Maintains knowledge of trends, best practices, and innovative technologies in FP&A and cash and liquidity management.
• Recruits, interviews, hires, and trains in new staff in the department.
• Oversees the daily workflow of the department.
• Creates and updates departmental standard operating procedures.
• Provides constructive and timely performance evaluations.
• Develops and implements departmental budget.
• Maintains confidential information with discretion.
• Other duties as assigned.

Qualifications

Minimum Qualifications

Education And Experience

• Bachelor’s degree in accounting, finance, or related field.
• At least seven years of related work experience.
• At least five years of supervisory experience.

Preferred Certifications and Experience 

• Certified Public Accountant (CPA) or actively pursuing licensure.
• Master’s degree in accounting, finance, or related field.
• Big four, large regional experience.

Knowledge, Skills, and Abilities

Knowledge Of:

• Nonprofit operations and the unique needs of decentralized, religious, mission-driven organizations.
• US GAAP, internal controls and financial reporting.
• Nonprofit, fund, or grant accounting.
• Education finance and accounting.
• Integrating generative artificial intelligence into financial services department workflows.

Skills In:

• Strong written, analytical, interpersonal, and communication skills, with a high degree of emotional intelligence and integrity.
• Navigator or other similar nonprofit accounting systems.
• Microsoft Office, particularly MS Excel

Ability To:

• Travel too various locations. (Los Angeles, Ventura, and Santa Barbara Counties in California)

Physical and Environmental Requirements

• Ability to lift to 20 lbs.
• Ability to sit for sustained periods of time daily, stand, walk, bend, crouch, reach above and below shoulder level, push, pull, grasp, or twist on an intermittent basis. 
• Utilization of keyboard, phone equipment and other office equipment. 
• Exposure to office environment level of noise, temperature, and lighting.
• Busy office environment; frequent interruptions; multiple entities in large, complex, and diverse organization