Head of Financial Planning
Description Overview World Business Lenders (WBL) provides general-purpose, short-term, real estate-collateralized commercial loans to small and medium-sized businesses throughout the United States that may not have access to traditional sources of funding. WBL is a U.S.-based company. Typically, the work schedule is from 9:00 AM to 6:00 PM Eastern Time, Monday through Friday, though additional hours may be required based on business needs.
About the Role
The Head of Financial Planning is responsible for budgeting, forecasting, financial planning, and management reporting across WBL. The position leads the FP&A team and works closely with department heads to assess performance, plan expenditures, and evaluate business decisions. Responsibilities include consolidated financial forecasts, portfolio and capital planning, and presentations to executive management, investors, and the board. The successful candidate will be an experienced finance leader who can direct the function while remaining closely involved in financial modeling and analysis. Key Responsibilities - Direct company-wide budgeting, forecasting, financial planning, and management reporting. - Manage the annual budget, periodic reforecasts, and long-term financial plans, including departmental submissions, planning assumptions, and deadlines. - Develop and maintain consolidated income statement, balance sheet, and cash-flow forecasts, incorporating operating expense and headcount plans. - Oversee origination and loan portfolio forecasting, including nonperforming loans (NPL), real estate owned (REO), recoveries, and the financial impact of portfolio performance. - Forecast cash requirements, liquidity, financing facility utilization, and covenant compliance in coordination with Accounting and Treasury; evaluate capital needs under different business scenarios. - Build and review financial models, scenario analyses, and sensitivity analyses to assess growth plans, financing alternatives, and changes in business conditions. - Evaluate channel and product profitability, unit economics, pricing, and proposed business initiatives. - Prepare management reports comparing actual results with budgets and forecasts, explain significant variances,