Job Summary
As a Financial Analyst for the Revenue Operations and Margin FP&A team, you will be responsible for providing financial support and analysis for the company-wide Revenue and Margin forecasting, planning, and reviews. You will perform research and financial modeling to help future business planning decisions, and summarize and present findings to leadership, including C-Staff. You will interface with cross-functional teams and have an opportunity to contribute to various business challenges. The position requires business partnership with Operations, Sales Operations, Revenue Accounting, Treasury, FP&A, Finance, and ERDM teams in analyzing and shaping NetApp’s revenue, margin and cash forecasts and related operational management of the revenue cycle.
Primary responsibility is to analyze NetApp’s key performance indicators to determine accurate revenue and margin forecasts, and to resolve any issues around that forecast. This role reports to Director of Finance.
The Financial Analyst’s role has responsibility for a wide range of financial support and analysis. You will help to ensure that departmental objectives and project deadlines are met and clearly communicated. The essential functions of the department include:
- Prepare forecasts and drive operational and financial metrics in support of key decision-making for worldwide revenue and margins
- Gather, analyze, prepare, and summarize recommendations for financial plans by reviewing QTD actuals, analyzing historical trends, and considering expected future trends
- Work closely with cross-functional groups, including Sales Operations, Sales, Manufacturing, Business Units, Revenue Accounting, and other finance teams to ensure accuracy in forecasting deliverables
- Build data models and perform scenario analysis in Excel by synthesizing data from multiple systems and manual records
- Create and communicate schedules to cross-functional teams for month-end and quarter-end deliverables, set up review meetings, and consolidate inputs
- Present revenue and margin forecasts and actuals to cross-functional leadership teams, including the CEO and CFO
- Maximize NetApp’s financial performance while limiting the economic and business risk to the Company
- Engage with various stakeholders on how to improve revenue
Essential Functions
- Provide a quarterly and monthly revenue forecast
- Consolidate total company revenue forecast, including deferred services, professional services, OEM, and contra revenue forecasts, and provide variance explanations against AOP & prior forecasts
- Partner with Sales Ops to determine future bookings to revenue conversions
- Work with Field HQ FP&A on forecast assumptions related to deferred & non-deferred product mix, carve allocations, and reserves that go into the monthly revenue forecast
- Partner with Revenue Accounting on adjustments that impact the revenue forecast
- Partner with Field HQ finance on AOP & long-term revenue forecast modeling
- Provide Finance support for Bookings, Billings, & Backlog (BBB) data, including BBB executive dashboards
- Participate in various finance projects
- Provide quarter-end revenue forecast vs actual variance analysis
Job Requirements
- Strong FP&A ability and the capability to move beyond reporting to analysis and actions
- Ability to model complex situations and develop tools to support analyses
- Working knowledge of Revenue recognition in a US GAAP Tech Company
- Ability to analyze complex data sets situations and make recommendations to resolve issues
- This individual must work effectively with Staff to Vice President level employees within the function, across functions, and with external parties
- Limited supervision is provided, as the role requires an individual who can operate, drive results, and set priorities independently
- Good interpersonal communication skills as needed to work successfully with staff and managers within and outside of function
Education and Experience
- Undergraduate degree in Business or Accounting preferred
- 12+ years experience in Accounting / Finance
Compensation:
The target salary range for this position is 147,900 - 220,000 USD. The salary offered will be determined by the candidate's location, qualifications, experience, and education and may be outside of this range. Final compensation packages are competitive and in line with industry standards, reflecting a variety of factors, and include a comprehensive benefits package. This may cover Health Insurance, Life Insurance, Retirement or Pension Plans, Paid Time Off, various Leave options, Performance-Based Incentives, employee stock purchase plan, and/or restricted stocks (RSU’s), with all offerings subject to regional variations and governed by local laws, regulations, and company policies. Benefits may vary by country and region, and further details will be provided as part of the recruitment process.