Financial Planning & Analysis
The role of the Financial Planning & Analysis (FP&A) group is to provide accurate, timely, high quality financial analysis and advice to decision-makers at Yale.
FP&A is responsible for developing and linking the strategy of the University and its major units to its long range and annual operating and capital budgets. FP&A is responsible for:
- Managing the strategic 10-year financial modeling and annual target-setting processes;
- Re-engineering and deploying the process for translation of strategic targets into comprehensive, well-vetted annual operating/capital budgets;
- Leading the creation and overseeing the implementation of a rigorous financial management capability to ensure delivery of annual budget results and strengthen cash flow predictability; and
- Building a set of analytical resources, meaningful reporting, and methodologies to enhance decision-making support at the University
FP&A is also responsible for developing Yale resources who are skilled analytically and who have a deep understanding of Yale’s needs and interests. Working in FP&A may serve as a critical step on the career path for employees at Yale involved in finance. FP&A is proactively engaged in all aspects of setting and refining strategy, major strategic analyses, and the operating budget and is a key resource for the Vice President for Finance & Business Operations.
Last Updated: May 19, 2010 (jp).
