Verizon Communications

FP&A-Sr Mgr

Verizon Communications$94K — $180K *
Telecommunications & Hardware
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or 4+ years of experience.
  • 6+ years of relevant experience in finance or related fields.
  • Experience in project management.
  • Proficiency in Microsoft Office Suite.
  • Preferred: Master's in Business Administration, Accounting, Finance, or Economics.

Responsibilities

  • Develop financial models to evaluate profitability and strategic decisions.
  • Analyze financial profitability for new and existing products.
  • Own weekly deal analysis and approval processes.
  • Support cross-functional financial modeling for Consumer Home margins.
  • Prepare financial presentations for senior management.
  • Partner with teams to leverage digital finance tools for insight dissemination.
  • Design and implement strategies to improve financial processes.

Benefits

  • Medical, dental, and vision insurance options.
  • Short and long-term disability coverage.
  • Matched 401(k) savings plan.
  • Up to 15 days of vacation per year, with increases over time.
  • Paid parental leave and adoption assistance.
  • Tuition assistance and various wellness programs.
Full Job Description
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.

Where you’ll be working
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.

About Verizon Communications

MCIS delivers wireless links, turn-key systems, broadband leases, and system maintenance.

Verizon Communications Careers

Join the vibrant team at Verizon Communications, a global leader in technology and communications, where innovation meets purpose. Our diverse and inclusive culture champions forward-thinking and offers a plethora of job opportunities that cater to enhancing your professional growth and career trajectory. Work You’ll Do At Verizon Communications, you will be part of a dynamic team that is at the forefront of driving digital transformation in the telecommunications industry. Our commitment to diversity and innovation is not just about staying competitive but fostering an environment where all employees can thrive. Lead with Innovation Embrace the opportunity to work on groundbreaking projects that redefine how people connect. Verizon is not just a company; it's a community of leaders and innovators. With over tens of thousands of employees worldwide, our leadership is committed to providing a platform where skills and ideas converge to create impactful solutions. Join Our Inclusive Team Verizon’s commitment to diversity and inclusion is integral to our company’s ethos. We believe in empowering our team members by providing them with the tools, resources, and support they need to succeed. This includes comprehensive benefits, diversity training, and opportunities for professional development. Explore Career Opportunities Whether you’re looking for a full-time position, an internship, or a leadership role, Verizon offers a range of employment options to match your career ambitions. Our team is hiring creative and solution-driven professionals who are eager to learn and grow. Networking and Professional Growth Advance your career with Verizon’s unmatched opportunities for professional growth. Engage in networking events, leadership programs, and training sessions designed to hone your skills and expand your industry knowledge. Internship Programs Kickstart your career with a Verizon internship. Gain hands-on experience, work with seasoned professionals, and understand the inner workings of one of the world’s leading tech companies. Our internships offer a unique insight into our company culture and operations, setting a solid foundation for your career. Benefits and Culture At Verizon, we prioritize the well-being of our team members. Enjoy a comprehensive package of benefits that supports both your professional and personal life. Our culture promotes work-life balance, employee wellness, and continuous learning. Stay Connected Join Our Team Explore the various job opportunities at Verizon Communications and find the position that best suits your skills and interests. We are looking for passionate, curious, and innovative team players. Keep Up to Date Stay informed with the latest career tips, insider perspectives, and industry-leading insights—all from the people who work here. Job Alert Emails Customize your subscription to receive job alerts, the latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at Verizon Communications. Join Verizon Communications today and be part of a team that values leadership, innovation, and diversity. Shape your future in an environment where your work makes a real impact.
Learn more about Verizon Communications
Size
118,400 employees
Market Cap
$164.4 billion
Industry
Net Income
$17.8 billion
Founded
1983
5 Year Trend
+1.2%
Revenue
$128.2 billion
NASDAQ

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