Financial Analyst-FP&A

Summary:

Develops, interprets and implements financial concepts for financial planning and control. Performs technical analysis to determine present and future financial performance. Gathers, analyzes, prepares and summarizes recommendations for financial plans, acquisition activity, trended future requirements and operating forecasts. Performs economic research and studies in the areas of rates of return, depreciations, working capital requirements, investment opportunities, investment performance and impact of governmental requirements.

Duties & Responsibilities:

R&D Financial Planning and Analysis for COE: support the financial planning, budgeting, and forecasting processes for the R&D organization. Provide in-depth analysis of OPEX and CAPEX spending, identifying trends, variances, and opportunities for cost optimization. Work closely with Global R&D Finance leader, R&D groups and PMO management to ensure robust processes and tools are in place for efficient availability of timely and high quality financial data as well as actionable insights to leadership for critical financial and business management decisions.

Business Partnering: Act as a trusted advisor to the finance community and R&D groups, providing financial insights and strategic guidance to support decision-making. Advocate for the business and collaborate closely with cross-functional teams. Build credibility and trust with partner functions by becoming deeply knowledgeable about sustaining & NPD portfolio of projects as well as financials and business implication.

Reporting and Analysis: Prepare and present monthly and quarterly financial reports to R&D/PMO leadership and other stakeholders. Develop and maintain financial models to support business planning and decision-making. Cost Management: Monitor and control R&D/PMO expenses, ensuring alignment with budget and strategic objectives. Identify and implement cost-saving initiatives and process improvements. Manage through trade off decisions across spend areas to maximize budget use.

Strategic Initiatives: Support the development and execution of strategic initiatives, including new product development, technology investments, and partnerships. Provide financial analysis and recommendations to support business cases and investment decisions in a face pace environment.

Compliance and Governance: Ensure compliance with financial policies, procedures, and regulations. Maintain accurate and up-to-date financial records and documentation. Provide financial and strategic advise to the Business Partners Support the annual budget with the expectation to land within [+0% / -5%] of target A Senior Finance partner who is the point of contact and accountable of all the financial information, trending analysis, source data and translate into actionable initiatives to support the decision making of the R&D and PMO Leadership Teams; Regular and timely updates around Plan, forecast, Actual and forward looking financial visibility with the ability to elaborate from bottoms up to Executive overview around total R&D Financials. Fully understanding of Project Cost Accounting, and operating mechanism to drive project investment and its close loop with original business cases.

Support Capital Requests requirements, CIP and consolidation of cause of changes.

Pre-Requisites / Skills / Experience Requirements: