Financial Analyst

The Financial Analyst is instrumental in supporting and helping drive the budgeting and forecasting process for VG and providing insightful analyses and information to enhance overall Company decision making and profitability. This role will provide continual and ad-hoc expense analyses, coordinate plans and budgets with department leaders, and drive better productivity through the identification of process and functional improvements. You will work alongside other finance team members across the entire organization to continually improve the overall performance and productivity of the team(s).

Responsibilities

• Consolidation of Monthly Management Reporting, Annual Budget and Quarterly Reforecasts

• Consolidate monthly financial packages, budgets and quarterly reforecasts for VGH management reporting. Provide account and summary level variance explanations at the consolidated level.

• Perform reconciliation of monthly financial package to GAAP consolidated financials

• Own and maintain consolidated rollups, reconciliations and support schedules for corporate reviews.

• Work closely with Program Finance and FP&A teams to coordinate updates and identify issues in financial data and commentary (includes analyzing monthly, quarterly and year-over-year trends)

• Detail annual department budgeting and quarterly reforecasting process for business units. Report headcount, operating, and capital expenditures to Virgin Galactic Corporate.

• Meet with leaders across the business to identify costs and headcount requirements in support of management objectives

• Headcount planning

• Maintain and update headcount planning templates. Work directly with department leaders in planning process

• Headcount tracking in support of budget vs. actual reporting and quarterly reforecast

• Expense planning

• Able to address accounting/planning questions from program leaders (accounting treatment, cash vs. GAAP differences, etc.)

• Maintain multi-year plans to address resource planning with supporting scenario analysis. Develop G&A and overhead allocation projections

• Perform budget to forecast and forecast to forecast reconciliations. Identify risks and opportunities

• Monthly department financial reporting

• Perform account level variance explanations, identifying timing vs. permanent cost differences to budget. Generate monthly financial statements

• Update forecast as it relates to cost differences identified in variance analysis

• Conduct GL account review for all P&L activity, validating balances are reasonable and accurate as compared to current operating plans

• Work closely with accounting department researching variance explanations, propose reclass journal entries, convey budget assumptions, etc.

• Assist in senior management/BOD dashboard reporting process

• Participate in senior finance monthly close meetings

• Support implementation and administration of budgeting/planning and reporting tools (Anaplan).

• Administer the Anaplan expense planning and reporting models for VG, including updating master data, updating and creating dashboards and reports using the Excel add-in interface, conduct training and documentation of user guides and supporting docs.

• Work with Finance/Accounting and other stakeholders on issues and solutions

• Aid in the development of impactful, compelling presentation materials (decks, notes, write-ups, backup materials, etc.) that effectively communicates financial projections, risks and opportunities

• Other special projects as required

Required Skills and Experience

• Bachelor’s degree in accounting, economics, or finance

• 5 years of relevant work experience, or 3 years and a Master's degree.

• Progressive advancement in accounting and finance function in operational finance departments

• Solid understanding of accounting and finance principles

• Superior analytical skills

• Ability to articulate with excellent verbal and written communication skills

• Strong business partnering and interpersonal skills

• Highly organized, flexible and easily adaptable to changing conditions

• Ability to work well under high pressure and tight deadline situations

• Ability to multi-task and manage numerous simultaneous priorities

• High energy, high ownership of work products and dedication and commitment to driving results

• Strong working knowledge of Excel:

• Formulas and Functions, including Pivot tables, VLOOKUP’s, Nested IF statements, Logic statements, etc. Financial modeling experience in Excel required. Data tables, what if analysis

• Excel best practices required (formatting, file linking, etc.)

• Experience with investment banking models a plus

• Experience with Cost Accounting Standards a plus

LI-LN1

The annual U.S. base salary range for this full-time position is $79,300.00–$121,000.00. The base pay actually offered will vary depending on job-related knowledge, skills, location, and experience and take into account internal equity. Other forms of pay (e.g., bonus or long term incentive) may be provided as part of the compensation package, in addition to a full range of medical, financial, and other benefits, dependent on the position offered. For more information regarding Virgin Galactic benefits, please visit https://vgcareers.virgingalactic.com/global/en/benefits

Who We Are

Virgin Galactic is an aerospace and space travel company, pioneering human spaceflight for private individuals and researchers with its advanced air and space vehicles. We are making the dream of space travel a reality, delivering spaceflight at an unprecedented frequency, with the development of next generation space vehicles .

Export Requirements

To conform to U.S. Government export regulations, applicant must be a U.S. Person (either a U.S. citizen, a lawful permanent resident or a protected individual as defined 8 U.S.C. 1324b(a)(3) or be able to obtain the required authorization from either the U.S. Department of State or the U.S. Department of Commerce. The applicant must also not be included in the list of Specifically Designated Nationals and Blocked Persons maintained by the Office of Foreign Assets Control. See list here .

EEO Statement

Virgin Galactic is an Equal Opportunity Employer; employment with Virgin Galactic is governed on the basis of merit, competence and qualifications and will not be influenced in any manner by race, color, religion, gender, gender identity, national origin/ethnicity, veteran status, disability status, age, sexual orientation, marital status, mental or physical disability or any other legally protected status.

DRUG FREE WORKPLACE

Virgin Galactic is committed to a Drug Free Workplace. All applicants post offer and active teammates are subject to testing for marijuana, cocaine, opioids, amphetamines, PCP, and alcohol when criteria is met as outlined in our policies. This can include pre-employment, random, reasonable suspicion, and accident related drug and alcohol testing.

PHOENIX EMPLOYMENT REQUIREMENTS

For individuals seeking employment at our Phoenix Mesa Gateway Airport facility, employment is contingent upon you obtaining and maintaining a TSA authorized security badge. This includes initial and annual mandatory background checks that are governed by TSA, and conducted by the Phoenix Mesa Gateway Airport badging office.