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Financial Portfolio Manager
2 months ago
NetApp is seeking a seasoned Senior Manager to join our Business Unit Finance team. This is a unique opportunity to make a significant impact in a highly visible area.
The primary role of the Senior Finance Manager Product Portfolio is to serve as a liaison between the Product Business Unit, Supply Chain, and Global Trade Management Finance and business teams to drive product margin goals.
Ensure cross-functional alignment of business and financial assumptions used for analytics and decision support across the company.
You will be involved in the Sales & Operations Planning (S&OP) process; understanding key drivers such as schedule product transitions, supply landscape, capacity mix, Average Selling Prices (ASPs), and product costs to name a few.
Drive desired long-term business goals and objectives across the company, including Design for Cost, Cost Management, and Demand Steering to maximize product margins.
This is a cross-functional role, where you will partner with multiple functions including Global Trade Management, Product Business Units, Supply Chain, Legal, and their related Finance partners to deliver actionable insights to influence financial results.
Key Responsibilities- Supply Chain Financial Planning & Analysis
- Develop and maintain a financial framework and ROI assessment for decision support for key investment or cost avoidance activities across the company.
- Support the annual and long-term financial planning cycle; ensure budget alignment with strategic roadmap and profitability targets, including cost assumptions and targets.
- Ensure consistent assumptions across the company to improve direct cash forecast method.
- Understand product cost structure and be a thought leader in establishing improved cost targets each year.
- Participate and lead finance activities for key priorities such as strategic commodity buys, de-risk vendor strategies, etc.
- Work closely with Business Unit, Supply Chain, and related Finance team along with other stakeholders to drive cost efficiencies each year.
- Business Partnership
- Partner cross-functionally to drive data-driven decisions.
- Collaborate with business partners to influence business outcomes, forecast activity, update departmental budgets, and maintain overall cost control of the organizations you support.
- Develop strong relationships with business partners by understanding organizational priorities and drive operational initiatives to support those priorities.
- Financial Planning & Forecasting
- Support the annual financial planning cycle; ensure budget alignment with strategic roadmap and profitability targets.
- Drive the monthly/quarterly financial forecast cycle, ensuring accurate projections, appropriate level of reporting, variance analysis, and proactive communication.
- Review financials related to close activities.
- Propose business operational improvements to enhance financial visibility, control, and planning effectiveness.
- Drive accurate spend forecasting and tracking against targets.
- Support ad-hoc spend optimization requests and help hold business teams accountable to spend commitments.
- Reporting & Analytics
- Assist with the reporting of financial results to internal and external audiences.
- Support the monthly and quarterly business review process.
- Use financial models to automate and scale current processes.
- Bachelor's degree in Accounting/Finance (MBA or CPA preferred).
- Relevant experience in Global Trade Management, Product Life Cycle, Supply Chain/Costing.
- Ability to build complex financial models to do scenario-based planning.
- Relevant FP&A/Strategic Finance experience.
- Passionate, accountable, self-motivated, and ability to work independently, with general direction and guidance.
- Strong organizational, communication, and influencing skills.
- High proficiency with analytics and presentation skills.
- Experience in the application of accounting principles to periodic financial reporting, planning, and forecasting.
- Strong attention to detail and accuracy.
- Willingness to learn and adapt to the rapid business and organizational changes.