Verizon Communications-posted 3 months ago
$94,000 - $180,000/Yr
Full-time • Mid Level
Remote • Basking Ridge, NJ
Telecommunications

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 FP&A Senior Manager- Consolidations is a pivotal role responsible for owning the end-to-end financial story and results for Verizon's Value Prepaid brands. This individual will manage the full consolidation of financials, crafting the narrative for executive leadership during month-end close, strategic planning, and forecasting cycles. This is a highly visible position that requires a strategic mindset, a strong technical foundation, and the ability to lead a team while serving as a key partner to the business.

  • Owning the consolidations process and data product in support of Value brands across domain leads supporting Volumes, Revenue and Operating Expense.
  • Transform existing processes to leverage governed financial systems of record to streamline recurring deliverables.
  • Owning the end-to-end development and communication of the financial plan and forecast, including the Business Plan, Commitment View, and Best View.
  • Leading the month-end close process for the P&L, ensuring the accuracy and timeliness of all financial data across all prepaid brands.
  • Managing a consolidated roll-up of all financial data, serving as the final gatekeeper for data integrity before leadership reviews.
  • Overseeing channel-specific reporting and analysis to provide detailed insights into performance.
  • Serving as the Subject Matter Expert to analyze complex business performance issues and develop action plans to define and execute them.
  • Crafting the financial narrative at month-end, translating complex data from multiple sources into a cohesive and compelling story that highlights key drivers, risks, and opportunities.
  • Interpreting and evaluating monthly analyses of business trends, including budget variance of financial results and Key Performance Indicators (KPIs), and provide clear recommendations to leadership.
  • Assessing the impact of strategic financial decisions and present recommendations to leadership, including ad-hoc analyses that require a consolidated view of the business.
  • Developing and assessing business cases for pricing and investment decisions, providing critical financial insights and support.
  • Managing and coordinating across the internal teams providing guidance on the development and the quality of their work.
  • Partnering with the business to develop and improve costing/profitability models, assessing customer and product profitability to drive profit optimization.
  • Leading inter-brand and cross-functional reconciliations, acting as the primary liaison to VCG HQ FP&A, FPAS, Corporate FP&A and Accounting to ensure alignment on all reporting and forecasts.
  • Designing, developing, and implementing methods and strategies to continually improve processes, enhancing efficiency and minimizing manual efforts.
  • Acting as the primary owner of the financial data architecture, ensuring data consistency and accuracy across all planning and reporting systems.
  • Assessing capital requirements, develop a capital plan, and provide recommendations on capital allocation.
  • Be accountable for making decisions and recommendations that ensure the quality and delivery of all financial products and services.
  • Presenting and communicating with all levels of the business, translating complex data into actionable insights for both technical and non-technical audiences.
  • A Bachelor's degree in Accounting, Finance, Economics or four or more years of work experience.
  • Six or more years of relevant work experience.
  • Project management experience.
  • Experience with Microsoft Office and Google suites.
  • Capabilities with ETL and automation tools including but not limited to Knime, Alteryx and SQL.
  • Proficiency with internal governed financial systems such as PMR and Essbase Data Warehouse and internal reporting tools such as ThoughtSpot.
  • A Master's in Business Administration, Accounting, Finance, or Economics.
  • Experience in the technology and/or telecommunications industry.
  • A professional certification (e.g. CPA, CMA).
  • A high degree of analytical capability with the proven ability to structure business case around a high-level strategic vision.
  • Strong strategic skills, with the proven ability to identify and assess key points, implications and recommendations.
  • An advanced understanding of corporate financial planning, reporting & analysis, and costing/profitability methodologies and processes.
  • Demonstrated in depth understanding of common business and cost drivers, financial statement analysis, and deep-dive analysis.
  • Knowledge of FASB and SEC requirements, Generally Accepted Accounting Principles, tax reporting and accounting practices and International Financial Reporting.
  • Demonstrated experience in continuous improvement initiatives, root cause analysis and project management.
  • Proficiency in Essbase, Smart View, Hyperion Planning, and Hyperion Strategic Finance as well as automation tools such as Knime and Alteryx.
  • Experience leading large and complex team projects with minimal direct supervision.
  • 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.
  • Up to 6 personal days per year.
  • Paid parental leave.
  • Adoption assistance.
  • Tuition assistance.
  • 15 days of vacation per year, which grows with additional service.
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