Financial Planning Specialist

Financial Planning Specialist

Prepare business unit’s financial projections and measure accuracy of projections against actual financial performance.

Perform detailed analyses which help senior management identify inefficient processes and/or business practices and their associated financial impact.

Apply the Company’s vision, pledges, and guiding principles to every facet of responsibilities in an effort to improve our Company.

• Run monthly proformas to project future profitability and cash flow needs.
• Load monthly general ledger actuals and go-forward revenue/cost-to-complete assumptions into proformas to generate Community Life Profit and Loss Statements, financial plan projections, and impairment calculations/lot recoveries.
• Discuss potentially impaired communities and mothball candidates with senior management.
• Update the month-to-date/quarter-to-date/year-to-date (MTD/QTD/YTD) schedules with actuals by the 5th business day of each month.
• Analyze all material variances against the most recent financial plan and provide brief explanations to senior management.
• Prepare all required information for the Monthly Area Operating Statistics Report (AOSR) Call including the following: explanations of deliveries and profit variances against the most recent financial plan and previous Monthly Call, estimated impairments and walk away costs, revised Schedule 19 inventory balances, impairment reversals, revised direct margin, and estimated housing revenue.
• Review monthly financial statements to determine cost allocations, impairment reversals, CSDs, etc. are correct and communicate all potential discrepancies to the Controller.
• Participate in monthly Land Development meetings.
• Inquire about variances from previous budgets (major cost-overruns, “give-backs”, etc.).
• Monitor contingency to ensure budget is adequate for remaining cost to complete.
• Review/Prepare white books prepared by Land Acquisition and validate proforma assumptions (i.e., revenue, cost, absorption, etc.).
• Prepare tri-annual financial plan which includes the following: Establish financial plan calendar and coordinate meeting/due dates with Department Heads and Community Managers.
• Analyze business needs and identify areas where overheads are excessive (or deficient).
• Build new financial plan schedules and revise existing templates (i.e., change time periods, reformat, etc.) to accommodate requests made by Corporate Budgeting Team.
• Consolidate multiple Area/Division financial plans into one Division/Group financial plan.
• Analyze plan-to-plan variances and provide explanations for material changes to revenues, direct costs, indirect costs, overheads, and/or contracts, starts, and deliveries (CSDs).
• Aid Accounting Team with the loading of financial plan overhead budgets into the job cost module and facilitate seamless transition of business plan to accounting by providing revised Buildable Acreage Allocation Method (BAAM) calculations, revised budget projections, etc.

Qualifications

• Bachelor's degree in Accounting/Finance preferred.
• 2-4 years of related experience.

Benefits

• Professional support.
• Extensive benefits—including medical/dental/vision coverage.
• Discounts on mortgages and home appliances.
• 401(k) plan.

Pay

None specified

Schedule

None specified