The Sr. Financial Analyst – Project Manager is responsible for developing global business plans in partnership with the Field of Business team (FOBs)/ Business Sectors, challenges and monitors the business plans during its execution phase (i.e. project controlling) ensuring compliance of financial targets and deadlines and coordinating corrective measures when deviations occur.
This role provides a link between FOB, R&D/Operations (i.e. CoCe) and Finance. This resource works independently and is inquisitive/critical of their source data, using business acumen, numerical evidence and trends to provide conclusions. The position requires a highly self-motivated, results-oriented person with strong analytical and problem solving skills while having the deal of tact to deal with the business partners. The Sr. Financial Analyst – Project Manager reports to the Director of Financial Planning and Analysis within the Finance department.
ESSENTIAL FUNCTIONS:
- Provide a consistent template for business plans to FOBs including aligned financial target setting.
- Perform project controlling for the business cases owned by FOB Heads:
- Validate assumptions from Business Sectors based on Market data, former product launches and any other available source.
- Provide critical financial advice when financial decision are to be made in the context of gate reviews, PSM, etc.
- Follow up on updates of business cases (e.g. according to change requests in the product definition or delays/changes in R&D Projects).
- Support main input variables regarding the business plan in terms of target setting and provide supporting evidence about the assumptions made.
- Coordinate operative plans with Center of Competencies (sites) based on agreements between SBU heads, FOB Heads and CoCe Heads.
- Provide budget support, expertise, and guidance to FOB and Finance and support an integrated planning approach.
- Coordinate regular business reviews for the supported functional areas, presenting financial overviews and communicating success areas and areas for improvement.
- Participate in assignments to enhance the operational and financial effectiveness of the supported functional areas over the product life cycle.
- Develop various financial reports for forecasting, trending, budgeting and results variance analysis.
- Gather data from financial systems for analysis (Hyperion, SAP/ERP, SAP/BW, etc.).
- Provide analytical support to other departments on an on-going basis. This includes analysis of current trends as well as what-if scenarios.
- Produce ad hoc analysis and reports as required.
- Get understanding and in case support the effort of gathering market data and enhance market understanding through that.
REQUIREMENTS:
- BA/BS in Finance, Accounting required.
- Minimum of 8 years of relevant experience in finance or adjacent areas.
- Minimum of 5 years of financial planning and analysis experience or adjacent areas.
- Communication skills that clearly present ideas, theories, and technical financial information to executives, operation, and managerial staff, both formal and informal
- Extensive computer skills, particularly advanced level in Excel is a must. Experience in HFM is preferred.
- Proven ability to master new challenges in so far untapped areas quickly like reasonable understanding of technical, product and solution related elements.
- Capable in setting up new structures and procedures from scratch while interacting with Senior Management from different areas.
- Must possess strong analytical and problem solving skills.
- Must be proactive and able to work independently in a variety of market and financial activities.
- Must be accurate, detailed oriented, professional, and timely in all aspects of job duties.
