Consultant-Financial Planning & Analysis
About the position At Verizon, we are building a world-class Financial Planning & Analysis (FP&A) organization. We have begun a comprehensive program to streamline processes, improve systems, realign the organization and add opportunities for personal skill-building and professional growth. We're finding new ways to add value and provide strategic support. This is the kind of work we do. We want to build leading FP&A practices within Verizon, setting the stage to become the place any FP&A professional wants to work. You can become a catalyst for change. The Consultant for the revenue team will be a vital member of the finance team, directly supporting the Senior Manager managing Verizon's prepaid brands. This role is responsible for the precise execution, in-depth analysis, and clear communication of all revenue forecasts and financial reporting for Verizon Value's prepaid brands. This individual is a key partner to our commercial and finance teams, serving as a critical connection point to the Chief Revenue Officer's organization and the Base Management Teams.
Responsibilities
- Preparing and owning the final financial plan, forecasting, reporting, and analyzing for the business clients.
- Developing the Business Plan, Commitment View, and Best View, including the analysis, distribution, and recommendations for management reviews.
- Preparing final monthly analyses of business trends and budget variance for financial results and Key Performance Indicators (KPIs) to be used in strategic business analysis sessions.
- Creating cash flow statements and performing ad-hoc cash flow analysis and trending.
- Developing and analyzing capital planning models, reports, and templates.
- Serving as a Subject Matter Expert on business performance, conducting in-depth analysis to define and execute action plans for gap closures, revenue growth, and profitability management.
- Working directly with brand managers to understand the key value propositions and channel sales strategies that impact financial performance.
- Conducting in-depth analysis of economic drivers of the business, such as customer churn, plan step-ups and step-downs, and base retention offers.
- Modeling and assessing performance scenarios to proactively identify potential risks and opportunities.
- Applying technical expertise to model the financial impact of all commercial activity decisions.
- Communicating with all partners in a clear and concise manner.
- Defining the need for and the source of data requirements for planning, forecasting, and reporting.
- Creating and overseeing the development of profitability and costing models, and communicating model updates to the Center of Excellence.
- Designing and developing methods and strategies to continually improve financial processes and tools.
Requirements
- Bachelor's degree in Accounting, Finance, Economics or four or more years of work experience.
- Four or more years of relevant experience required, demonstrated through work experience and/or military experience.
- Experience with Microsoft Office Suite with knowledge of Excel.
Nice-to-haves
- Master's degree in Accounting, Finance, or Economics.
- Experience in the technology and/or telecommunications industry.
- A professional certification (e.g. CPA, CMA).
- Understanding of corporate financial planning, reporting & analysis, and costing/profitability methodologies and processes.
- Knowledge of common business and cost drivers, financial statement analysis, and deep-dive analysis.
- Familiarity with the preparation of General Ledgers, Basic Knowledge of FASB requirements, Generally Accepted Accounting Principles.
- Proficiency in Essbase, Smart View, Hyperion Planning, and Hyperion Strategic Finance.
- Excellent communication skills and ability to focus on the details.
Benefits
- Medical, dental, vision insurance.
- Short and long term disability.
- Basic life insurance, supplemental life insurance, AD&D insurance.
- Identity theft protection.
- Pet insurance and group home & auto insurance.
- Matched 401(k) savings plan.
- Stock incentive programs.
- Up to 8 company paid holidays per year and up to 6 personal days per year.
- Paid parental leave and adoption assistance.
- Tuition assistance.
- Up to 15 days of vacation per year, which grows with additional service.
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