Forecast Analyst (Balance Sheet / Cash Flow)
About The Position
At Philip Morris International (PMI), we’ve chosen to do something incredible. We’re totally transforming our business and building our future on one clear purpose – to deliver a smoke-free future. With huge change, comes huge opportunity. So, if you join us, you’ll enjoy the freedom to dream up and deliver better, brighter solutions and the space to move your career forward in endlessly different directions. Our success depends on people who are committed to our purpose and have an appetite for progress. The Forecast Analyst is responsible for delivering accurate and timely Balance Sheet, Cash Flow, and Net Working Capital (NWC) forecasts through robust financial modeling and structured analytical processes. The role supports the company’s financial planning cycles by developing projections, assessing key drivers, and ensuring alignment with corporate standards for forecasting and variance analysis. The analyst performs variance analysis comparing actual results against projections, highlights the drivers behind deviations, and provides insights that support informed decision‑making. In addition, the role contributes to the budgeting process, assuming responsibility for system inputs and ensuring data completeness, accuracy, and adherence to official forecasting instructions. Overall, the Forecast Analyst ensures transparency, accuracy, and consistency across financial outlooks, enabling senior management to anticipate working capital needs, assess liquidity, and manage cash flow effectively.
Requirements
- Bachelor’s degree in Finance, Economics, Business Administration or similar.
- Advanced Excel proficiency (formulas, modeling, scenario analysis)
- 3–6 years of experience in Finance, FP&A, Controlling, Treasury, or Corporate Finance roles involving forecasting and analytical work.
- Hands‑on experience with Balance Sheet, Cash Flow, and NWC forecasting, ideally within a multinational or matrix organization.
- Proven background in variance analysis, interpreting actual vs. forecast outcomes and explaining key drivers.
- Strong command of financial modeling, especially for Balance Sheet, Cash Flow, and NWC drivers.
- Solid understanding of working capital components, cash conversion cycles, and liquidity indicators.
- Ability to perform detailed variance analysis with clear articulation of business drivers.
- Ability to identify risks, opportunities, and structural trends, and articulate their business impact.
- Proactive, solution‑oriented mindset with the ability to work independently and manage competing priorities.
- Continuous‑improvement mindset, driving automation, efficiency, and reporting enhancements.
- Comfortable working with multiple teams (Finance, Controlling, Treasury) to align the assumptions.
- High attention to the details with strong ownership of accuracy and timeliness.
- Fluency with AI-based applications as a productivity/efficiency work tool
- Legally authorized to work in the U.S.
Responsibilities
- Develop Balance Sheet, Cash Flow, and Net Working Capital (NWC) forecasts using structured financial modeling and aligned with corporate forecasting standards.
- Perform variance analysis comparing actual results versus projections, clearly identifying drivers and explaining deviations.
- Support the budgeting process, including preparation of projected financial statements and alignment of key assumptions.
- Manage system inputs, ensuring timely, accurate, and compliant data submission.
- Monitor key balance sheet accounts and working capital metrics to evaluate financial risks and implications for liquidity.
- Collaborate with Finance, Controlling, and cross‑functional partners to validate assumptions and ensure forecast consistency.
- Contribute to improvements in forecasting accuracy through enhanced data governance, standardization, and process optimization.
- Prepare clear, actionable insights for management reviews, highlighting financial trends, risks, and opportunities.
Benefits
- competitive base salary
- annual bonus (applicable based on level of position)
- great medical, dental and vision coverage
- 401k with a generous company match
- incredible wellness benefits
- commuter benefits
- pet insurance
- generous PTO
- freedom to define your future and ours
- empowerment to take risks, experiment and explore
- inclusive, diverse culture where everyone’s contribution is respected
- Collaborate with some of the world’s best people and feel like you belong
- Pursue your ambitions and develop your skills with a global business – our staggering size and scale provides endless opportunities to progress
- Take pride in delivering our promise to society: To improve the lives of millions of smokers
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
