FP&A Manager
Penn Entertainment
1 day ago
Full-time
On-site
Houston, Texas, United States
Financial Planning and Analysis Manager
About PROENERGY
PROENERGY is an engineering, R&D, and manufacturing powerhouse. The company addresses every need for fast-start power generation: turbine and package manufacturing, turnkey project execution, power purchase agreements, and asset lifecycle care for turbines and plants. Where others see impossible energy challenges, PROENERGY provides innovative aeroderivative solutions.
Our Footprint
PROENERGY delivers fast-start, dispatchable power solutions from worldwide centers for aeroderivative excellence. We are investing more than $1 billion through 2028 in infrastructure to serve our customers.
In Sedalia, Missouri, our 600,000 sq ft Center for Excellence in Manufacturing—a world-class investment in fast-start power and the only campus of its kind in the world—is growing by 40 percent.
In Houston, Texas, our 500,000 sq ft Center for Excellence in Lifecycle Care features a Level-IV depot and aero repair facility, which executes comprehensive services for aeroderivative engines under one roof.
In Kansas City, we have an office with an Engineering team that supports our sought-after solutions for turnkey projects and contracted power.
And our worldwide service centers ensure local service expertise near our customers. Our expanding service footprint includes Phoenix, Buenos Aires, New Brunswick, and additional locations in Europe, Australia, and Southeast Asia.
Our Philosophy
We take care of our people and strive to make a positive difference for the world. We offer competitive pay, excellent benefits that include Medical, Dental, Vision, and Life/Disability Insurance at minimal cost to the employee, 10 paid holidays, paid time off, and a 401K plan. If you are looking for a rewarding career and possess specialized knowledge and quality-oriented problem-solving skills, we encourage you to apply today.
Position Summary
The Financial Planning and Analysis ("FP&A") Manager will report to the Head of Capital Markets and will be primarily responsible for driving the company's financial planning, analysis, and strategic decision-making processes. The role requires a high level of expertise in financial modeling, budgeting, forecasting, and reporting. The FP&A Manager will be a key player in helping the company make informed, data-driven strategic decisions by providing timely and actionable financial insights. Additionally, the FP&A Manager will implement and oversee quality control measures to ensure the accuracy and reliability of financial data and reports.
Reports To: Head of Capital Markets
Work Location: 6246 McHard Road, Houston, TX 77053
Position Responsibilities
- Lead the budgeting, forecasting, and long-term planning processes (both accrual and cash basis), ensuring alignment with the company’s financial goals and strategy.
- Develop and maintain financial models to support strategic initiatives and business planning, providing insights into performance and decision-making.
- Conduct scenario analysis and risk assessments to evaluate potential impacts on the business, supporting proactive decision-making.
- Monitor and support the monthly closing processes, ensuring compliance with financial regulations, company policies, and internal controls.
- Monitor weekly and monthly cash flow forecasts, ensuring accurate liquidity planning. Compare actual cash flows against forecasts to identify variances and take corrective action.
- Partner with treasury and accounting teams to optimize cash management strategies, ensuring the company’s financial health and liquidity.
- Collaborate with lines of business leaders, finance, and accounting teams to prepare monthly financial performance reports, including variances in costs, revenues, operating expenses, R&D, and capital expenditures (both accrual and cash).
- Continuously track KPIs, identify causes of variances, and provide actionable insights to senior management to drive informed decision-making.
- Support line of business leaders and senior finance teams in preparing board and management presentations for budget approval, variance analysis, and updated forecasts.
- Forecast and track key bank covenant ratios across multiple financings to ensure compliance with bank agreements.
- Work collaboratively to drive improvements in financial processes, leveraging tools, systems, automation, and standardization to increase efficiency and accuracy.
- Lead or participate in special projects contributing to the overall success of the finance function.
- Recruit, manage, and develop a high-performing FP&A team, ensuring alignment with company objectives and fostering a culture of accountability and continuous improvement.
- Act in accordance with company policies and corporate objectives, maintaining alignment with the organization’s overall mission and guidelines.
Required Qualifications
- Bachelor’s degree in Finance, Accounting, Economics, or related field (MBA and/or professional certifications preferred).
- Proven experience in Financial Planning and Analysis (6+ years).
- A proven track record of implementing and managing FP&A processes and controls.
- Strong expertise in financial modeling, budgeting, forecasting, and variance analysis.
- Understanding of key business drivers and the ability to link financial data to business outcomes.
- Experience communicating complex accounting and reporting interpretations to senior management and influencing decisions.
- Ability to analyze complex data, identify trends, and make recommendations based on insights.
- Ability to communicate complex financial data to non-financial stakeholders.
- Strong leadership, organizational, and project management skills.
- High attention to detail and commitment to accuracy and data integrity.
- Ability to work effectively with all levels of management and cross-functional teams.
- Proficiency in Microsoft Great Plains Financials, OneStream, BI/Data analytics and financial modeling tools.
- Advanced Microsoft Office experience, including Excel, Word, and PowerPoint.
- Strong interpersonal skills, maintaining composure under pressure while working effectively with diverse stakeholders, demonstrating tact, maturity, and professionalism in all situations.
- Strong written and oral communication skills.
- Ability to travel as needed.
- US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa.
- Successful candidate will need to satisfactorily complete pre-employment drug screen and background check
Desired Qualifications
- CPA, CFA, CMA
- Ability to establish credibility and make decisive decisions while aligning with and supporting the company’s strategic priorities and preferences.
- A team leader who will foster a culture of accountability, ensuring that expectations are consistently met with accuracy and timeliness.
- Ability to work effectively both independently and collaboratively as part of a cross-functional team.
- A team builder with the ability to assess existing capabilities, identify skill gaps, and attract, recruit, and retain top-tier talent.
- Prior experience with ERP systems implementation projects is a plus.
It is PROENERGY’s policy to provide equal opportunity in employment to all its employees and applicants for employment without regard to race, color, religion, sex, pregnancy, age, disability, national origin, marital status, ancestry, medical condition, military status, or any other characteristic protected by State or Federal law.