How much does a Financial Planning and Analysis Director make in North Dakota? The average Financial Planning and Analysis Director salary in North Dakota is $182,531 as of February 26, 2024, but the range typically falls between $160,149 and $210,565. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Financial Planning and Analysis Director Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Financial Planning and Analysis Director Salary $139,772 ND February 26, 2024
25th Percentile Financial Planning and Analysis Director Salary $160,149 ND February 26, 2024
50th Percentile Financial Planning and Analysis Director Salary $182,531 ND February 26, 2024
75th Percentile Financial Planning and Analysis Director Salary $210,565 ND February 26, 2024
90th Percentile Financial Planning and Analysis Director Salary $236,089 ND February 26, 2024
25% $160,149 10% $139,772 90% $236,089 75% $210,565 $182,531 50%(Median) Didn’t find job title? Click
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What skills does a Financial Planning and Analysis Director need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Financial Modeling: Financial modeling is the task of building an abstract representation (a model) of a real world financial situation. This is a mathematical model designed to represent (a simplified version of) the performance of a financial asset or portfolio of a business, project, or any other investment. Typically, then, financial modeling is understood to mean an exercise in either asset pricing or corporate finance, of a quantitative nature. It is about translating a set of hypotheses about the behavior of markets or agents into numerical predictions. At the same time, "financial modeling" is a general term that means different things to different users; the reference usually relates either to accounting and corporate finance applications, or to quantitative finance applications. While there has been some debate in the industry as to the nature of financial modeling—whether it is a tradecraft, such as welding, or a science—the task of financial modeling has been gaining acceptance and rigor over the years.

3.

Variance Analysis: Analysis of variance (ANOVA) is a collection of statistical models and their associated estimation procedures (such as the "variation" among and between groups) used to analyze the differences among group means in a sample. ANOVA was developed by statistician and evolutionary biologist Ronald Fisher. The ANOVA is based on the law of total variance, where the observed variance in a particular variable is partitioned into components attributable to different sources of variation. In its simplest form, ANOVA provides a statistical test of whether two or more population means are equal, and therefore generalizes the t-test beyond two means.

Analysis 18.49%
Financial Modeling 1.78%
Variance Analysis 1.08%
Others 78.65%

Job Description for Financial Planning and Analysis Director

Financial Planning and Analysis Director leads the budgeting, forecasting, long-term planning, implementation, and business strategic analysis of the financial team. Conducts financial analysis, modeling, forecasting and reporting efforts to ensure efficient financial operations. Being a Financial Planning and Analysis Director reviews analysis results, develops insightful suggestions for investment, sourcing, cost reduction and leads strategic business decisions. Requires a bachelor's degree. Additionally, Financial Planning and Analysis Director typically reports to top management or CFO. The Financial Planning and Analysis Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. To be a Financial Planning and Analysis Director typically requires 5+ years of managerial experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Financial Planning and Analysis Director in North Dakota

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Location Avg. Salary Date Updated
Location Mandan, ND Avg. Salary $185,572 Date Updated February 26, 2024
Location West Fargo, ND Avg. Salary $178,349 Date Updated February 26, 2024
Location Abercrombie, ND Avg. Salary $175,497 Date Updated February 26, 2024
Location Absaraka, ND Avg. Salary $175,497 Date Updated February 26, 2024
Location Adams, ND Avg. Salary $167,874 Date Updated February 26, 2024
Location Agate, ND Avg. Salary $175,297 Date Updated February 26, 2024
Location Alamo, ND Avg. Salary $182,721 Date Updated February 26, 2024
Location Alexander, ND Avg. Salary $182,721 Date Updated February 26, 2024
Location Almont, ND Avg. Salary $182,721 Date Updated February 26, 2024
Location Alsen, ND Avg. Salary $167,874 Date Updated February 26, 2024

Career Path for Financial Planning and Analysis Director

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Financial Planning and Analysis Director, the first career path typically progresses to Top Financial Analysis Executive.

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Financial Planning and Analysis Director Salary in North Dakota
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