Financial Planning & Analysis Analyst
Targa Resources
Houston, TX
Description
POSITION SUMMARY
The Financial Planning & Analysis (FP&A) Analyst plays a key role in providing financial analysis, budgeting, forecasting, and strategic insights to support decision-making and corporate financial performance. This position works with senior leadership, accounting, operations, business analysts and commercial teams to drive financial planning processes, enhance business performance, and ensure alignment with the company’s financial goals and objectives.
JOB FUNCTIONS AND KEY RESPONSIBILITIES:
- Assist in preparation and analysis of monthly, quarterly and 5-year forecasts, working cross-functionally to collect and consolidate input from various departments.
- Analyze actual results versus prior periods and the 5-year forecast as well as changes in forecasted results, including variance analysis and the identification of trends.
- Prepare and review sensitivity analyses.
- Prepare and present detailed financial presentations and KPI dashboards to senior leadership.
- Assist in preparation of materials for the Board of Directors, Investor Relations, and Rating Agencies.
- Identify opportunities for improving FP&A processes and systems, ensuring timely, accurate, and efficient reporting and planning.
- Collaborate with other departments, such as Accounting, Operations, Treasury, Business Analysts and Commercial Teams, to support the forecasting and reconciliation processes.
- Ensure integrity and quality of financial and statistical information through attention to detail and analytical work.
- Perform ad-hoc reporting and analysis on key business initiatives as needed for FP&A and senior leadership.
- Other duties as assigned.
MINIMUM ESSENTIAL SKILLS AND QUALIFICATIONS:
- A minimum of a BA/BS in Finance, Accounting, Economics or related field.
- 1+ year(s) of relevant experience, with a strong preference for candidates with experience in financial planning & analysis and/or the Oil & Gas industry.
- Proven experience in financial modeling, budgeting, and forecasting.
- Strong knowledge of financial reporting, variance analysis, and performance metrics.
- Advanced proficiency in Microsoft Excel (financial modeling, data analysis, and reporting).
- Expertise in Microsoft PowerPoint for developing high-impact presentations for senior leadership and key stakeholders, ensuring clarity and data accuracy.
- Ability to analyze large datasets and synthesize financial information for decision-making.
- Strong attention to detail, including tying out financial information in presentations, ensuring data accuracy and consistency.
- Excellent verbal and written communication skills with the ability to present financial data clearly to senior leadership.
- Ability to work on multiple, concurrent tasks with tight schedules.
- Strong interpersonal skills, ability to build cross functional partnerships, comfortable interacting with all levels of the organization including senior leadership.
- Self-motivated and able to work independently in a fast-paced environment.
- Regular and reliable attendance.
PREFERRED QUALIFICATIONS:
- MBA or relevant professional certification (CFA, CPA, etc.) a plus.
- Experience using ERP and financial planning software (e.g., OneStream, Oracle Cloud, Hyperion).
EQUAL EMPLOYMENT OPPORTUNITY:
Targa Resources provides equal employment opportunities based on merit, experience, and other work-related criteria and without regard to race, color, ethnicity, religion, national origin, sex, age, pregnancy, disability, veteran status, or any other status protected by applicable law. We also strive to provide reasonable accommodation to employees’ beliefs and practices that do not conflict with Targa’s policies and applicable law. We value the unique contributions that every employee brings to their role with Targa.