Planning Analyst

About the role

N26 is a digital bank with operations across Europe, and the Planning Analyst will be based in their Madrid office. This role supports the finance and strategy teams by providing analytical insights that guide business planning and decision-making across the organization. The Planning Analyst will work closely with cross-functional partners to build forecasts, track performance against targets, and identify trends that shape the company's strategic direction. The position is a full-time role situated in Madrid, Spain, and reports to the FP&A leadership team. The Analyst will contribute to both short-term operational planning and longer-term strategic initiatives that drive the bank's growth and efficiency. As a , you will play a key part in shaping the financial direction of the bank. The role offers the chance to work within a dynamic finance organization and develop expertise in corporate planning.

Key facts

What you'll do

• Support the preparation of monthly and quarterly business reviews for senior leadership and the board.
• Build and maintain detailed financial models that capture revenue, cost, and headcount projections across all business units.
• Collaborate with department heads across the organization to gather planning inputs and validate key assumptions.
• Monitor actual results against the approved plan on a regular basis and flag significant variances with clear explanations.
• Develop interactive dashboards and scheduled reports that visualize key planning metrics for internal and external stakeholders.
• Assist in the annual budgeting cycle, including scenario analysis, sensitivity testing, and cross-functional coordination.
• Partner with the FP&A team to improve planning processes, enhance data accuracy, and streamline reporting workflows.
• Conduct ad hoc analyses to support strategic initiatives, investment decisions, and resource allocation discussions.
• Coordinate with the Madrid-based team to align local planning activities with global frameworks and corporate standards.
• Document planning methodologies and best practices for knowledge sharing across offices and future team members.
• Review and challenge departmental plans to ensure alignment with the company's overall financial targets and strategic priorities.
• Present planning results and recommendations to leadership during monthly business reviews and annual strategy sessions.

Requirements

• A Bachelor's degree in finance, economics, business administration, or a related quantitative field is required.
• Strong analytical skills with demonstrated proficiency in Excel and financial modeling techniques.
• Ability to work with large datasets and translate complex numbers into clear written narratives.
• Good communication skills for presenting findings to both technical and non-technical audiences effectively.
• Attention to detail and a structured approach to problem-solving are essential for this role.
• Ability to manage multiple workstreams simultaneously and meet deadlines in a fast-paced environment.
• Familiarity with planning or budgeting processes in a corporate or financial services setting.
• Fluency in English is required; Spanish language skills are considered a valuable advantage.

Nice to have

• Experience with corporate planning tools or enterprise performance management software such as Anaplan or Adaptive Insights.
• Knowledge of banking or fintech industry dynamics and common business model structures.
• Prior experience working in a multinational organization with cross-border or remote team dynamics.
• Familiarity with SQL or Python for data manipulation, automation, and analytical workflows.
• Experience working with ERP systems or data warehouses in a financial context.

Skills & tools

• Microsoft Excel and PowerPoint at an advanced level for modeling and presentation.
• Financial modeling, forecasting, and variance analysis techniques.
• Data visualization platforms such as Tableau or Microsoft Power BI.
• Enterprise financial planning systems like Anaplan, Adaptive Insights, or similar tools.
• SQL for querying, joining, and preparing datasets for analysis.
• Python or R for statistical analysis, automation, and data processing tasks.
• Version control tools such as Git for tracking changes in planning documents and models.

Practical notes

• The role is based in the N26 Madrid office with a hybrid work arrangement.
• Candidates should be prepared to work standard business hours with occasional flexibility during reporting cycles.
• N26 values diversity and inclusion and encourages applicants from all backgrounds to apply.
• The hiring process may include multiple interview rounds with members of the finance and strategy teams.
• This is a full-time position based in Madrid, Spain, with potential for occasional travel to other European offices.
• N26 offers a collaborative and inclusive work environment where employees are encouraged to contribute ideas and grow professionally.