Verizon is one of the world's leading providers of technology and communications services, transforming the way we connect around the world. We're a human network that reaches across the globe and works behind the scenes. We anticipate, lead, and believe that listening is where learning begins. In crisis and in celebration, we come together-lifting up our communities and striving to make an impact to move the world forward. If you're fueled by purpose, and powered by persistence, explore a career with us. Here, you'll discover the rigor it takes to make a difference and the fulfillment that comes with living the #NetworkLife.
What you'll be doing...The Finance Organization
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.
FP&A Corporate and Business Unit Team
Move beyond compiling data and help tell the story behind the numbers. The Business Unit facing positions offer opportunities to drive better business partnering and insights, while growing your FP&A leadership and interpersonal skills. You are considered a business partner and your contributions will make a difference. You'll become involved in, but not limited to, device subsidy forecasting, business case scenario modeling, and device pricing decisions. You can have an impact on new business growth opportunities through development of business case scenarios.
- Responsible for establishing device level Subsidy P*Q forecasting and analysis within Verizon Value to assist Sales and Finance in effective decision making
- Developing month end commentary behind any Subsidy actual versus forecast variances at a brand/channel/device level; create and maintain storytelling visuals to be leveraged during close process
- Partnering with the pricing team, FP&A, and Managing Directors to evaluate subsidy expenses, scenario planning, and roadmap assortment recommendations
- Establishing effective communication across the organization of average Subsidy cost by brand, channel, and retailer
- Partnering with FPAS to create/automate Subsidy reporting and dashboards
- Partnering with teams throughout the business to leverage digital finance tools to further automate modeling and disseminate insights to create more effective business decisions.
- Partnering with Demand Planning consistently to evaluate inventory and shipping expectations
- Working with Accounting on a monthly basis to ensure all necessary Subsidy related entries are accurately aligned to expectations
- Partnering with internal pricing team as well as Verizon Sourcing to ensure all latest device level pricing is reflected in modeling and forecasts
- Defining the need for and the source of data requirements for the planning & forecasting and reporting processes.
- Conducting the development of strategic business analysis with overlays and commentary.
- Proactively identifying possible scenarios, risks and opportunities around business performance.
- Communicating with partners in a clear and concise manner.
You'll need to have:
- Bachelor's degree or four or more years of work experience
- Two or more years of relevant work experience.
- Experience with forecasting and modeling
- Experience with Microsoft Office Suite and Google Suite
- Business Partnering experience
Even better if you have one or more of the following:
- 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
- Demonstrated experience in continuous improvement initiatives, root cause analysis and project management
- Proficiency in Essbase, Smart View, Hyperion Planning, and Hyperion Strategic Finance
If Verizon and this role sound like a fit for you, we encourage you to apply even if you don't meet every "even better" qualification listed above.
We're proud to be an equal opportunity employer - and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. At Verizon, we know that diversity makes us stronger. We are committed to a collaborative, inclusive environment that encourages authenticity and fosters a sense of belonging. We strive for everyone to feel valued, connected, and empowered to reach their potential and contribute their best. Check out page to learn more.