Summary:
VIAVI (NASDAQ: VIAV) has a 90+ year history of technical innovations that have evolved to keep pace and address our customer’s most pressing business issues. We make equipment, software, and systems that help to plan, deploy, certify, monitor, and optimize all kinds of networks - like those for mobile phones, service providers, large businesses and data centers. And, we are also at the forefront of optical security – we bend light to develop and deliver optical solutions that provide security to the world’s currencies and safety and performance applications for consumer electronics and spectrometry.We are the people behind the products that help keep the world connected – at home, school, work, at play, and everywhere in between. VIAVI employees are fierce about supporting customer success and we welcome people who bring their best every day to the company - to question, to collaborate and to push for solutions that will delight our customers.
Duties & Responsibilities:
Position Description:
The Senior Business Financial Analyst will be a key member of the Center Of Excellence for the Business Finance and Strategic team. The Business & Financial Analyst is responsible for turning financial, business and operational data into actionable insights that support strategic decision-making. This role partners closely with finance, business groups and leadership teams to analyze performance, forecast trends, and optimize business outcomes. Besides, it will support the financial reporting and analysis on profit and loss statements across multiple business groups on various financial cycles; and will lead the financial modeling for the NSE Long Range Strategic Plan. The Networking and Service Enablement Group (NSE) has reported annual sales of about $800m per annum and sizable selling budget.
VIAVI’s business finance operates in a fast-paced environment with Business Units groups, engineering , marketing, commercial teams and manufacturing locations across the globe. This role requires frequent interaction with senior finance leaders supporting the Business Unit and also partnering with members of the corporate finance team, and other business and centralized functions.
Critical Success Factors:
Ability to work independently while providing optionality to business partners to keep VIAVI on track to financial commitments amidst changing business needs.
Exceptional analytical skills.
Capacity to prioritize and be effective with little overview and guidance.
Ability to produce coherent and succinct executive level management reports.
Strong interpersonal, communication, and teamwork skills, with the ability to collaborate cross-functionally across all levels of the organization.
Main Responsibilities:
Act as a financial and business analyst supporting the business unit group, proactively providing reporting and business analytics required for decision-making, financial insights and data-driven recommendations.
Analyze large datasets to identify trends, performance drivers, and improvement opportunities.
Create dashboards and KPIs using tools such as Essbase, Tableau, Phyton, R-Studio or Excel.
Support data-driven decision making through predictive analytics and statistical analysis.
Optimize processes through insights drawn from operational, customer, and financial data.
Support developing Business Units annual plans, quarterly forecast, monthly and quarterly spend & headcount trackers, and provide detailed variance analysis on the full P&L for each Business Unit to leadership.
Support providing key financial metrics, forward looking visibility, full P&L insights, and ad-hoc financial modeling.
Support developing and maintain financial models for budgeting, forecasting, and long-term planning.
Support the Senior Business and Strategic Financial leaders by delivering valuable analysis and financial insights for decision making, margin expansion and cash enablement.
Continuous search for efficiencies and identifying improvement opportunities for margin expansion, productivity gains and cash enablement
Develop tracking methodologies for monthly actual spend, capital expenditures investments, and partner with the business to achieve the financial goals, through KPI’s, forward looking visibility, timely actions development and others.
How to make an impact:
Financial Analysis & Reporting
Develop and maintain financial models for budgeting, forecasting, and scenario planning.
Provide in-depth analysis around opportunities for margin expansion opportunities, identifying trends, variances, and analytics cost optimization, productivity and inflationary mitigation actions
Conduct variance analysis to explain performance against budget, forecast, and prior periods.
Prepare monthly, quarterly, and annual financial reports for management and stakeholders.
Evaluate financial performance of business units, products, or projects.
Work closely with the business units organization to ensure robust processes and tools are in place for efficient availability of timely and high-quality financial data as well as actionable insights into leadership for critical financial and business management decisions.
Support the annual budget with the expectation to land within +95% of target.
Business Analytics
Analyze large datasets to identify trends, performance drivers, and improvement opportunities.
Create dashboards and KPIs using tools such as Power BI, Tableau, or Excel.
Support data-driven decision making through predictive analytics and statistical analysis.
Optimize processes through insights drawn from operational, customer, and financial data.
Cross-Functional Collaboration
Partner with finance, operations, sales, and strategy teams to support business cases and investment decisions.
Present insights and recommendations to leadership in a clear, concise manner.
Support planning cycles by providing analytical input and validating assumptions.
Strategic Support
Conduct competitive, benchmarks and industry analysis to inform business progress towards strategy.
Identify risks and opportunities impacting financial and operational performance
Support the development and execution of strategic initiatives, including productivity metrics, lean tracking initiatives and profitable demand creation.
Provide financial analysis and recommendations to support business cases and investment decisions in a face pace environment by evaluating ROI of initiatives and support capital allocation decisions.
Close loop analytics with business cases to evaluate performance on investments.
Spend Management:
Monitor and control cost and expenses, ensuring alignment with budget and strategic objectives. Identify and implement cost-saving initiatives and process improvements. Manage through trade off decisions across spend areas to maximize budget use
Compliance and Governance:
Ensure compliance with financial policies, procedures, and regulations. Maintain accurate and up-to-date financial records and documentation.
Fully understanding of practices and operating mechanism to drive project investment and its close loop with original strategic plans.
Partnering with the Stakeholders to identify options to addressing any gaps presented at the monthly reviews
Proactive and accountable participant in financial discussions, with the ability of problem solving.
Pre-Requisites / Skills / Experience Requirements:
Skills/Abilities/Qualifications:
A bachelor’s degree in finance, accounting, economics, or a related field is required.
1–5 years of experience in finance, business analytics, data analyst, FP&A, or related roles; preferably within the manufacturing industry.
Excellent problem-solving ability and capability to work independently, taking ownership of complex financial challenges with minimal guidance.
Strong communication and interpersonal skills with the ability to influence stakeholders.
Excellent command of spoken and written English.
Experience working in a global, publicly traded, matrixed organization is a plus.
Strong understanding of financial analysis, budgeting, forecasting and variance analysis.
Advanced Excel skills; experience with financial modeling.
Familiarity with Oracle 12 (including OBIEE and Project Accounting), Hyperion Planning, Essbase, Tableau, SQL, Phyton, R-studio, is desirable.
If you have what it takes to push boundaries and seize opportunities, apply to join our team today.
VIAVI Solutions is an equal opportunity and affirmative action employer – minorities/females/veterans/persons with disabilities.
