Financial Analyst II
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 throughoutHelp drive expense reduction efforts through quality information management and adviceConstantly improve processes & reporting to meet the needs of senior business partnersKey Performance Indicators
Maintain and improve forecast to actual reportingEnsure that business leaders are taking healthy financial decisions and that the company's overall financial targets are achievedEvaluate profitability and margins for the organization through objective and data-driven analysisImprove tools enhancing the understanding of financial performance by the businessMAIN CONTACTS (external/internal):
Product and Professional Services LeadershipAccounting, wider Finance team membersExecutive LeadershipThird Party VendorsPERSON SPECIFICATION:
Bachelors in Business Administration/Finance/EconomicsMasters 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 processesSelf-starter that takes ownership of issues and drives them toward a conclusion
