Principal Financial Analyst Job Description
Principal financial analyst
provides complete project set up in APEX and PRISM when needed and backup the Facilities PRISM Team.
Principal Financial Analyst Duties & Responsibilities
To write an effective principal financial analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included principal financial analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Accurately analyze key cost drivers and monthly variances, manage the regular reporting process, provide variance analysis, suggest actions to the business
Generally works in a closed environment, in office conditions, with normal level of noise and controllable changes of temperature
Utilizes visual and mental attention frequently (21- 50% of time)
Incumbent can be exposed to fumes, gas, dust, strong odors, and/or high temperatures
Tracks and analyzes actuals vs
Coordinate stock-based compensation processes and procedures, including
Manage routines with the business to ensure all spend (OPEX & CAPEX) is correctly accounted, goods receipted and accrued where necessary
Maintain local COAs and ensure all entries/transactions are authorized based on local requirements and the Company’s DOA
Business support – Support business to reach operational goals, such as scrap reduction, “cost down” initiatives, direct labor productivity and inventory reduction
Provide indirect and direct cost, schedule and funding planning, reporting, monitoring, and analysis support to OSQ Directors and Functional Managers using standard company tools and processes
Principal Financial Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Principal Financial Analyst
List any licenses or certifications required by the position: CPA, EV, MBA, CMA, BI, CCP, CFA
Education for Principal Financial Analyst
Typically a job would require a certain level of education.
Employers hiring for the principal financial analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Accounting, Business/Administration, Business, Economics, Education, MBA, Math, Business/Management, Management
Skills for Principal Financial Analyst
Desired skills for principal financial analyst include:
APEX
SAP
Industry practices
Manufacturing
Federal Acquisition Regulations
US GAAP
PRISM
Engineering
Word
MPM
Desired experience for principal financial analyst includes:
Develop presentations to communicate business and analysis results to senior leadership audiences
Bachelor’s Degree in Finance or other quantitative discipline, or military experience
Intermediate or Advanced skills with Microsoft Excel and PowerPoint
Extraordinary independent problem solving and strategic thinking abilities
Working knowledge of spreadsheet applications and databases
Expert knowledge of Hyperion Planning as a super user
Principal Financial Analyst Examples
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Principal Financial Analyst Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of principal financial analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for principal financial analyst
- Maintain program logs (MR, UB, BCRs, ) for assigned IPT(s)
- Provide in depth assessment of supplier proposals at the cost element level
- Develop and build forecasting models, research financial and economic trends for specific projects, and provide technical solutions for business analysis
- Develop cost models to be used in individual area analysis
- Forecast important business variables, generate monthly/quarterly business reviews, analyze both historical and forecasting results, and make business recommendations
- Develop methodologies and processes that provide transparency of costs and cost drivers to recipient businesses, and analyze current financial results to identify and address evolving business issues and opportunities
- Provide management and business clients with project statuses
- Perform reporting and analysis to support presentation and ad-hoc requests
- Serve as the Lead for the development of the five year strategic and annual operating plans and related analysis possess the ability to coordinate the accumulation and presentation of nonfinancial data
- Being the subject matter expert and managing Business Case & Appropriation Request process for GBS projects to include the development and review of robust business cases in support of Gate 4 funding decisions
Qualifications for principal financial analyst
- Experience using financial systems
- Bachelor degree in Accounting and CPA required
- Excellent verbal and written communication skills, strong analytical and problem solving skills, exceptional interpersonal and organizational skills
- Bachelor degree or above in accounting finance or equivalent, preferably a qualified CPA with more than 5 years of relevant experience in banking industry
- Master’s Degree in Business Administration (MBA) or Master’s Degree in Finance
- Chartered Financial Analyst (CFA) license or Certified Public Accountant (CPA) license
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Principal Financial Analyst Job Description
Job Description Example
Our company is hiring for a principal financial analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for principal financial analyst
- Plans, coordinates and reviews the work of assigned personnel during all phases of rate development
- Manages recharge system design and implementation
- Oversees the provision of advisory services with respect to updating billing rates and interpreting cost accounting data
- Researches and evaluates pertinent professional, technical and related legal literature to establish and/or recommend changes to accounting procedures and operations
- Oversees specialized financial or cost analyses such as variance analyses
- Advises management with respect to internal costing practices and compliance with federal and state regulations
- Supervises activities of subordinates and assumes management responsibility for their deliverables
- Provide training to develop staff and push for continuous improvement
- Conducts meetings to encourage interaction and the exchange of ideas, concerns and proposals from various organizations to facilitate solutions to administrative problems
- Perform complex economic and financial analysis for project development, asset management and M&A activity for domestic and foreign energy investments, including sensitivity and scenario analysis
Qualifications for principal financial analyst
- Articulate outcomes of analysis and relevant insights.- Partner with business leadership to assess the financial implications of ongoing efforts to grow the organization.- Develop presentations to communicate business and analysis results to senior leadership audiences
- Extraordinary independent problem solving and strategic thinking abilities.- Strong teamwork skills
- 7+ years accounting or finance experience with a Bachelor's Degree
- Experience with finance applications such as General Ledger Systems, Cost Accounting Systems
- 7+ years of experience in finance or accounting with a Bachelor's Degree
- Held one team leadership position in a fast paced environment that included multiple working organizations
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Principal Financial Analyst Job Description
Job Description Example
Our growing company is looking to fill the role of principal financial analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for principal financial analyst
- Economics and Special Projects – Anticipate and respond to requests from senior management for economic and market research pertaining to strategic planning, investment reviews, and issues of interest to the Board
- Assists CFO in the development of forecasts
- Prepare the consolidated P&L and Balance Sheet for the yearly plan monthly forecasts
- Ability to review customer contracts/POs and provide revenue recognition guidance to the Controller/CFO
- Service Delivery – Take responsibility for the quality and reliability of regular activities and escalate proactively where appropriate
- Assist with planning/budgeting for all academic programs (both revenue side and expenditure side) and administrative units
- Perform accounting functions for programs/units and other state and designated accounts
- Prepare financial reports/compliance reports for responsible areas
- Perform ad-hoc analyses for leadership decision making
- Manage financial commitments and special allocations
Qualifications for principal financial analyst
- 2 years experience with related Ph
- A qualified candidate should have strong financial analytical skills fundamental understanding of functional roles and responsibilities in a production environment (touch labor, support labor, material)
- Proficient in Microsoft PowerPoint and Excel (pivot tables, advanced formulas, graphing)
- 6 years’ experience with related Bachelors’ degree, OR, · 4 years’ experience with related Master’s degree, OR · 2 years’ experience with related Ph
- 5+ years of experience in FP&A, Rates and Budgets, or Government Accounting
- Aid management by quickly assimilating into a team culture
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Principal Financial Analyst Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of principal financial analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for principal financial analyst
- Analyzes and interprets information pertaining to the Company’s financial performance
- Participates in the financial aspects of the strategic planning, annual operating plan and forecasting efforts
- Provides financial modeling and forecasting for process improvement projects and new initiatives
- Provides financial analysis support for various projects, calculating revenue requirements, net present value, customer bill impact
- Analyzing and preparing business cases for investment in selling, bid and proposal, internal research and development (IRAD) and capital
- Provides divisional support and expertise with regard to budgeting, forecasting and internal reporting
- Analyze and interpret highly complex financial information
- Measure P&L performance against forecast and make recommendations for corrective actions to ensure financial execution
- Partner closely within Finance , eg Corp FP&A and Sales Finance to share knowledge and information on the business
- Direct support of the Global territorys in the preparation of monthly and quarterly operating review with a focus on revenue, orders, backlog and forecast linearity and accuracy
Qualifications for principal financial analyst
- Strong communication and organizational skills, comfortable speaking in small groups
- Experience with FPIF Contract Type and Externally reported programs
- 7+ years of accounting, finance and analysis experience with a Bachelor’s Degree
- Experience with reporting (Business Objects, Spotfire, Hyperion)
- Advance Excel Competency (Pivot, Formula’s, Charts)
- 7+ year’s experience in an Accounting/Financial Analyst position
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Principal Financial Analyst Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of principal financial analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for principal financial analyst
- Act as a business partner to senior Regional leaders to analyze financial results, identify trends, and develop long term projections
- Provide financial analytics, commentary and recommendations to both Finance and Divisional senior management
- Support operational financial reporting for the Global DAS division and assist with the preparation of materials for presentation to the division President
- Provide analytical support to regional managers around sales performance (revenue, bookings, backlog on a periodic basis)
- Establish key performance indicators in support of regional sales plans
- Develop focus within sales reporting and dashboard analysis focused on each territory
- Support the development of the annual operating plan and strategic goal setting process with a focus on development of the revenue, order forecasts and selling expense
- Key partner with sales operations and corporate compensation resources to design and execute on incentive compensation plans within sales and service
- Provide cross functional support and alignment within the DAS finance team to ensure consistent financial modeling and collaboration on initiatives
- Participate, as needed, in process improvement initiatives across businesses focused on improving forecast accuracy, cost savings & selling effectiveness
Qualifications for principal financial analyst
- Experience interfacing and conducting business with various functional disciplines/levels (Contracts, Operations, Engineering)
- Understanding and application of finance principles and concepts standard knowledge of industry practices
- Operations, Engineering, Supply Chain Management, ) in program development and execution
- Solid understanding of Corporate Finance concepts, including discounted cash flows, NPV, IRR, business valuation, investment decisions, budgeting, and forecasting
- Familiarity with basic accounting concepts (e.g., accruals, depreciation, capitalization, ) and an understanding of how information flows through financial statements
- Team player with a service mentality who has the ability to maintain a high level of positive energy and enthusiasm - sets an example for junior staff to follow as a role model