New Grad - Pricing & Discounting - Financial Analyst (Summer 2022)
Business Summary
VMware software powers the world’s complex digital infrastructure. The company’s compute, cloud, mobility, networking and security offerings provide a dynamic and efficient digital foundation to over 500,000 customers globally, aided by an ecosystem of 75,000 partners.
The Global Business Unit Finance Group provides financial leadership to the business groups in VMware’s product and operations organization (aka Business Units). This team has a strong focus on business consulting and financial planning with initiatives to strengthen the quality, efficiency, and scale of financial information produced.
Job Role and Responsibility
This role is to support the Product & Cloud Services Finance Organization. As an integral member of the Finance and business leadership teams, this position’s overarching responsibilities are to provide financial information and analysis that is relevant, trusted, and insightful, which enables the executive leadership teams to make effective decisions that improve the Company’s performance. Strong focus on continual enhancement of the quality, efficiency, and scale of financial information produced, through process improvements, financial tools and automation.
Activities within the PCS Finance team include:
- Partner closely with PCS Finance Controllers to provide additional visibility into COGS, OPEX, and financial metrics of business performance.
- Bookings/Revenue planning, reporting for both perpetual and SaaS offerings
- Engage closely on periodic Close, Forecast, and Planning processes.
- Drive verification and validation of financial systems and models while promoting continuous process improvements. Share best practices, identify gaps, lead change, and help determine priorities.
- Support ad-hoc reporting and analytics including but not limited to ROI analysis, headcount modeling, what-if analysis, SaaS business impact, etc.
- Develop strong operational knowledge of critical systems like Hyperion and SAP HANA and of financial models to manage bookings, spend, margins, discounting, investments, and financial guidelines.
- Short & long-term planning processes
- Collaboration with other Finance teams within VMware to enhance the function’s contribution to the company. Share best practices, identify gaps, drive change and help determine priorities.
Requirements
- Bachelor’s degree in Business or Finance, preferable Master’s degree.
- Expertise and proficiency in building financial and decision support models
- Strict attention to detail and intensity around producing high quality product
- Strong initiative and desire to work in a team-oriented environment including remote collaboration
- Capable of independently managing multiple tasks in a highly deadline driven environment with a high level of precision, and remaining composed under pressure
- Dedication to work required hours during planning cycle to ensure deadlines are met with high quality work
- Excellent English (written and verbal) communication skills
- Genuine interest in technology
- Goal-oriented with successful track record; continuous improvement attitude
- Seasoned experience with Microsoft Excel, PowerPoint, Oracle Financials, and planning application.
Preferred Skills
- Strong and independent thinker and influencer
- Strong organizational, problem solving and analytical skills
- Strong initiative and collaborative workstyle
- Strength in succinctly explaining complex transactions and business impact
- Ability to drive process-based improvement across functions and within Finance
- Integrity, high energy and logical/structured thinking
Location
This role is based in Palo Alto with flexible office arrangement.
Benefits and Perks of Working at VMware
You and your loved ones will be supported with a competitive and comprehensive benefits package. Below are some highlights, or you can view the complete benefits package by visiting www.benefits.vmware.com.
• Employee Stock Purchase Plan
• Medical Coverage, Retirement, and Parental Leave Plans for All Family Types
• Generous Time Off Programs
• 40 hours of paid time to volunteer in your community
• Rethink's Neurodiversity program to support parents raising children with learning or behavior challenges, or developmental disabilities
• Financial contributions to your ongoing development (conference participation, trainings, course work, etc.)
• Wellness reimbursement and online fitness and wellbeing classes
This job requisition is not eligible for employment-based immigration sponsored by VMware.
This role is available to Bachelor or Master-level New Graduates only. 'New Graduate' applies to those possessing a degree level requirement with a graduation date between May 2021 and May 2022.