The Financial Analyst II will support Private Cloud Product finance by managing budgets, analyzing expenses, and forecasting cash flows. Responsibilities include variance analysis and process improvement for reporting financial metrics to senior management.
JOB TITLE: Financial Analyst II
JOB LOCATION: India (Remote)
FUNCTION: Finance
JOB DESCRIPTION:
The Rackspace Private Cloud Product Finance Team has a pivotal role in supporting Private Cloud Product and Professional Services (PS) business partners in understanding their expense structure, helping to manage expense increases/decreases, and analyzing forecast to actual variances. With a wide scope of accountability/ownership, you will perform analysis of the relevant financial metrics and work closely with the wider business to understand trends as well as internal needs. You will take a proactive approach, working with Directors and VP's through the development process of each budget and makes recommendations.
Within this team, a Financial Analyst will primarily support the Private Cloud Product and Professional services expenses and revenue. You will be responsible for developing department’s annual budgeting process: plans, develops, prepares, inputs, and maintains company’s budgets and monthly forecast.
Daily tasks include analyzing and evaluating the department's operating results and financial position to summarize, report, and influence key financial decisions. In addition, develop/review forecasts for accurate and timely cash flow projections, expense projections, headcount, department performance, and direct expenses.
We are looking for someone who can work under pressure, maintain high standards of deliverables and attention to detail, who thinks in a structured way and is highly analytical. A successful candidate should be able to prioritise and juggle multiple tasks, be curious about technology, willing to learn and should have a very strong understanding of financial concepts.
JOB REQUIREMENTS: Key Accountabilities
- Provide guidance to Product and PS departments with regards to expense budgets and forecasts
- Owning full life cycle of annual budget to monthly forecast to actual results with variance analysis and reporting throughout
- Help drive expense reduction efforts through quality information management and advice
- Constantly improve processes & reporting to meet the needs of senior business partners
Key Performance Indicators
- Maintain and improve forecast to actual reporting
- Ensure that business leaders are taking healthy financial decisions and that the company’s overall financial targets are achieved
- Evaluate profitability and margins for the organization through objective and data-driven analysis
- Improve tools enhancing the understanding of financial performance by the business
MAIN CONTACTS (external/internal):
- Product and Professional Services Leadership
- Accounting, wider Finance team members
- Executive Leadership
- Third Party Vendors
PERSON SPECIFICATION:
- Bachelors in Business Administration/Finance/Economics
- Masters degree and/or Chartered Accountant with 1-2 years of relevant working experience highly desirable
- Technical knowledge of budgeting, financial statements, cash management, and financial analysis processes
- Self-starter that takes ownership of issues and drives them toward a conclusion
Top Skills
Budgeting
Cash Flow Projections
Financial Analysis Software
Financial Modeling
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