Financial Analyst

About the role

As a Financial Analyst for the Revenue Operations and Margin FP&A team, you will provide financial support and analysis for company-wide revenue and margin forecasting, planning, and reviews. You will perform research and financial modeling to inform future business planning decisions and present findings to leadership, including C-Staff. This role partners with Operations, Sales Operations, Revenue Accounting, Treasury, FP&A, Finance, and ERDM teams to analyze and shape NetApp’s revenue, margin, and cash forecasts and related operational management of the revenue cycle.

Responsibilities

• Prepare forecasts and drive operational and financial metrics to support key decision-making for worldwide revenue and margins
• Gather, analyze, and summarize recommendations for financial plans by reviewing QTD actuals, analyzing historical trends, and considering expected future trends
• Work closely with cross-functional groups, including Sales Operations, Sales, Manufacturing, Business Units, Revenue Accounting, and other finance teams to ensure accuracy in forecasting deliverables
• Build data models and perform scenario analysis in Excel by synthesizing data from multiple systems and manual records
• Create and communicate schedules to cross-functional teams for month-end and quarter-end deliverables, set up review meetings, and consolidate inputs
• Present revenue and margin forecasts and actuals to cross-functional leadership teams, including the CEO and CFO
• Maximize NetApp’s financial performance while limiting economic and business risk
• Engage with stakeholders on improving revenue

Essential Functions

• Provide a quarterly and monthly revenue forecast
• Consolidate total company revenue forecast, including deferred services, professional services, OEM, and contra revenue forecasts, and provide variance explanations against AOP and prior forecasts
• Partner with Sales Ops to determine future bookings-to-revenue conversions
• Work with Field HQ FP&A on forecast assumptions related to deferred and non-deferred product mix, carve allocations, and reserves that go into the monthly revenue forecast
• Partner with Revenue Accounting on adjustments that impact the revenue forecast
• Partner with Field HQ finance on AOP and long-term revenue forecast modeling
• Provide finance support for Bookings, Billings, & Backlog (BBB) data, including BBB executive dashboards
• Participate in various finance projects
• Provide quarter-end revenue forecast vs. actual variance analysis

Requirements

• Strong FP&A ability and capability to move beyond reporting to analysis and action
• Ability to model complex situations and develop tools to support analyses
• Working knowledge of revenue recognition in a U.S. GAAP tech company
• Ability to analyze complex data sets and make recommendations to resolve issues
• Effective collaboration with staff to vice president level employees within and across functions, and with external parties
• Ability to operate, drive results, and set priorities independently with limited supervision
• Strong interpersonal communication skills to work successfully with staff and managers within and outside the function

Education and Experience

• Undergraduate degree in Business or Accounting preferred
• 12+ years of experience in Accounting or Finance

Compensation

The target salary range for this position is $147,900 – $200,000 USD. The salary offered will be determined by the candidate’s location, qualifications, experience, and education and may be outside of this range. Final compensation packages are competitive and in line with industry standards, reflecting a variety of factors, and include a comprehensive benefits package covering health insurance, life insurance, retirement or pension plans, paid time off, various leave options, performance-based incentives, employee stock purchase plan, and/or restricted stocks (RSUs), with all offerings subject to regional variations and governed by local laws, regulations, and company policies.