Job Description

We are seeking a highly motivated and detail-oriented Financial Planning & Analysis (FP&A) Analyst to join our dynamic finance team at 84 Lumber. As an FP&A Analyst, you will play a crucial role in supporting the financial planning and analysis functions for our hospitality operations. This includes providing actionable insights through financial data analysis, budgeting, forecasting, and performance tracking, ensuring that financial goals are achieved while maintaining cost efficiency and profitability.

The ideal candidate will have a strong background in financial analysis, excellent communication skills, and the ability to work cross-functionally with various departments to optimize financial performance within the hotel industry.

Responsibilities:

• Budgeting and Forecasting:
• Assist in the preparation and analysis of annual budgets, quarterly forecasts, and long-term financial plans for the hotel operations. Ensure alignment with company strategic goals and provide timely updates to management.
• Financial Reporting:
• Prepare monthly, quarterly, and annual financial reports, highlighting key performance indicators (KPIs), financial trends, and variances. Provide commentary and recommendations to senior management.
• Data Analysis:
• Analyze financial data related to revenue, expenses, and profitability, identifying opportunities to optimize costs and increase revenue. Assist in identifying trends that can improve operational efficiency.
• Performance Monitoring:
• Develop and maintain financial models to assess hotel performance, including occupancy rates, average daily rate (ADR), and revenue per available room (RevPAR). Provide actionable insights to management for decision-making.
• Variance Analysis:
• Perform detailed variance analysis between actuals, forecasts, and budgeted results, identifying the causes of deviations and presenting corrective actions where necessary.
• Ad-Hoc Reporting:
• Assist in special projects, ad-hoc financial analysis, and strategic initiatives to support business decisions and improve profitability.
• Cross-Department Collaboration:
• Work closely with operations, sales, and marketing teams to ensure alignment between financial objectives and operational performance. Provide financial insights that support strategic initiatives.
• Process Improvement:
• Continuously evaluate and improve existing financial planning, budgeting, and forecasting processes to ensure efficiency and accuracy.

Qualifications:

• Bachelor’s degree in Finance, Accounting, Business Administration, or related field.
• 2-3 years of experience in financial analysis, preferably in the hospitality or hotel industry.
• Strong understanding of financial modeling, budgeting, and forecasting.
• Highly proficient in Microsoft Excel, with the ability to create advanced financial models and reports.
• Familiarity with hotel industry-specific metrics such as ADR, RevPAR, occupancy rates, and other operational KPIs.
• Experience with financial and hospitality software (e.g., Host, Micros, NetSuite, Power BI, or other hotel management systems) is a plus.
• Strong analytical and problem-solving skills with attention to detail.
• Excellent communication and interpersonal skills, with the ability to present complex financial data in a clear and concise manner to non-financial stakeholders.
• Ability to work independently and manage multiple tasks in a fast-paced environment.
• Strong organizational and time management skills, with a focus on meeting deadlines.

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