What you’ll be doing...The Finance Organization
At Verizon, we are building a world-class Financial Planning & Analysis (FP&A) organization. We have begun a comprehensive program to streamline processes, improve systems, realign the organization and add opportunities for personal skill-building and professional growth. We’re finding new ways to add value and provide strategic support. This is the kind of work we do. We want to build leading FP&A practices within Verizon, setting the stage to become the place any FP&A professional wants to work. You can become a catalyst for change.
FP&A Commercial Finance Team.
Our team is responsible for preparing financial and economic analysis for senior management to determine the profitability of our different offerings, initiatives, and customer types. You will leverage a thorough understanding of Verizon financials and operations in order to make the best-informed decisions possible. This position requires independently interacting with multiple Headquarter departments, including Marketing, Sales, Product, Network, Customer Experience, and other Finance Teams. The primary accountabilities associated with the position include:
- Developing financial models, tools and corresponding assumptions used to evaluate the profitability and shareholder value of long-term strategic decisions and customer offerings.
- Analyzing the financial profitability of new and existing products and services through the development of business cases and Net Present Value models.
- Ownership of weekly Bulk/Verizon Enhanced Communities (VEC) deal analysis and approval process, including ownership of relationship with VEC partners.
- Cross functional financial modeling support of Fios TV profitability, LFAs, and price up initiatives to drive profitability of Consumer Home margin.
- Preparing financial presentation materials and formal business case documents for use with senior management.
- Partnering with teams throughout the business to leverage digital finance tools to disseminate insights and to create better informed business cases.
- Designing, developing and implementing methods and strategies to continually improve processes.
- Presenting and communicating to all levels of the business about the financial and strategic implications of new projects.
- Updating financial models with current financial reporting trends, periodically review assumptions to ensure accurate modeling results, incorporate new functionality into the models, and troubleshoot the models.
What we’re looking for...
You’ll need to have:
- Bachelor’s degree or 4 or more years of work experience.
- Six or more years of relevant experience required, demonstrated through one or a combination of work and/or military experience, or specialized training.
- Project management experience.
- Experience with Microsoft Office Suite.
Even better if you have one or more of the following:
- A Master's in Business Administration, Accounting, Finance, or Economics.
- Experience in the technology and/or telecommunications industry.
- A professional certification (e.g. CPA, CMA).
- A high degree of analytical capability with the proven ability to structure business case around a high-level strategic vision.
- Strong strategic skills, with the proven ability to identify and assess key points, implications and recommendations.
- An advanced understanding of corporate financial planning, reporting & analysis, and costing/profitability methodologies and processes.
- Demonstrated in depth understanding of common business and cost drivers, financial statement analysis, and deep-dive analysis.
- Knowledge of FASB and SEC requirements, Generally Accepted Accounting Principles, tax reporting and accounting practices and International Financial Reporting.
- Demonstrated experience in continuous improvement initiatives, root cause analysis and project management.
- Proficiency in Essbase, Smart View, Hyperion Planning, and Hyperion Strategic Finance.
- Experience leading large and complex team projects with minimal direct supervision.
If Verizon and this role sound like a fit for you, we encourage you to apply even if you don’t meet every “even better” qualification listed above.
In this hybrid role, you'll have a defined work location that includes working from home and a minimum of three days per week in the office, which will be set by your manager. Employees are responsible for maintaining compliance with hybrid work policies.
Scheduled Weekly Hours40
Benefits and Compensation
Our benefits are designed to help you move forward in your career, and in areas of your life outside of Verizon. From health and wellness benefit options including: medical, dental, vision, short and long term disability, basic life insurance, supplemental life insurance, AD&D insurance, identity theft protection, pet insurance and group home & auto insurance. We also offer a matched 401(k) savings plan, up to 8 company paid holidays per year and up to 6 personal days per year, paid parental leave, adoption assistance and tuition assistance, plus other incentives, we’ve got you covered with our award-winning total rewards package. Depending on the role, employees have the opportunity to receive compensation in the form of premium pay such as overtime, shift differential, holiday pay, allowances, etc. Newly hired employees receive up to 15 days of vacation per year, which grows with additional service. For part-timers, your coverage will vary as you may be eligible for some of these benefits depending on your individual circumstances.
The salary will vary depending on your location and confirmed job-related skills and experience. This is an incentive based position with the potential to earn more. For part-time roles, your compensation will be adjusted to reflect your hours.
The annual salary range for the location(s) listed on this job requisition based on a full-time schedule is: $94,000.00 - $180,000.00.