Financial Analyst

NetApp, Inc.•Durham, NC

38d•$147,900 - $220,000

About The Position

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. 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.

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
Undergraduate degree in Business or Accounting preferred
12+ years experience in Accounting / Finance

Responsibilities

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
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