The position is responsible for the coordination, development and maintenance of consistent forecasting and planning tools for management and/or business units. The Sr. Financial Analyst should be able work independently and with minimum or no supervision. He/she should take initiatives to provide financial support in product line performance measurement through development and analysis of financial models and alternative business scenario testing. The position also requires coordination of various disciplines within the business during the budgeting process and preparation of periodic operations reviews to Executive management within the assigned product line(s) or Business Unit(s).
Provide financial analysis to the general manager, product managers and departmental managers within a product line that offers meaningful insight into the business. This includes review of metrics, conducting variance analysis of monthly vs. forecasted numbers and related cost drivers.
Track actual to budget at programs/project levels, including review of ROI and multiple scenario testing
Assist product line managers with market and competitive analyses. Remain up to date on current industry and economic events that may impact the business and bring them to the attention of the Product Line management.
Maintain support contract forecasting model and review metrics for tracking renewals, attachment, etc. with product line managers. Review trends on a monthly basis.
Work with product line analysts to create or improve standardized product and service forecasting models for Business Units being supported.
Maintain the comprehensive compensation planning tool to reflect changes to planned headcount.
Review the capital expenditure budget and ensure ROI's are completed and consistent with product plans.
Coordinate monthly GM meetings to discuss current product line activities, trends, opportunities and threats to the product line.
Be a constant source of knowledge on key performance indicators for the assigned product line, business trends, risks and opportunities.
Seek opportunities for continuing improvements and streamlining reporting and business processes to enable management to more effectively and efficiently manage the product line.
Bachelor’s degree in finance, accounting or economics.
6+ Years experience in forecasting and analysis in a high tech environment and working with managers in remote locations.