Finance Analyst 2

VIAVI Solutions; Maharashtra; On-site; INR 900,000 - 1,400,000; Full time

Job summary

VIAVI Solutions, a 90+ year innovator, is seeking a Financial Analyst (FP&A) to join Corporate FP&A in Pune. You will analyze financial data, prepare reports, and provide strategic insights to support planning, forecasts and investment decisions.

You will collaborate with accounting, operations and sales to align budgets with organizational goals and drive performance. This role requires CA qualification, 2–3 years post-qualification FP&A experience in an MNC, strong financial modeling, and

Qualifications

• CA with 2–3 years post-qualification FP&A experience in an MNC.
• Strong analytical skills to interpret complex financial data.
• Proficient in financial modeling and data analysis tools.
• Excellent communication and presentation abilities.

Responsibilities

• Analyze and explain variances in facility and other function spends versus QoQ, YoY and AOP.
• Collaborate with budget owners to understand cost drivers and identify optimization opportunities.
• Assist in annual budgeting and periodic forecasts.
• Monitor budget performance, investigate variances and suggest corrective actions.
• Develop dashboards and reports for management and stakeholders.

Skills

Financial analysis

Analytical skills

Communication skills

Attention to detail

Presentation skills

Education

Chartered Accountant

Tools

Hyperion

Essbase

Workday

Incorta

Excel

PowerPoint

Job description

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.

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

POSITION TITLE: Financial Analyst (Financial Analyst 2)

DEPARTMENT: Corporate FP&A

REPORTS TO: Manager FP&A

LOCATION: Pune, India

SUMMARY:

VIAVI (NASDAQ: VIAV) has a 90+ year history of technical innovations that address our customer’s most pressing business issues. We make equipment, software, and systems that help to plan, deploy, certify, monitor, and optimize all kinds of networks - like those for mobile phones, service providers, large businesses and data centers. And, we are also at the forefront of optical security – we bend light to develop and deliver optical solutions that provide security to the world’s currencies and safety and performance applications for consumer electronics and spectrometry. VIAVI employees are fierce about supporting customer success and we welcome people who bring their best every day to the company - to question, to collaborate and to push for solutions that will delight our customers.

Financial Analyst will be a member of the Corporate FP&A team reporting to the Manager FP&A. The Financial Analyst plays a crucial role in supporting the financial planning and analysis activities of the organization. This individual is responsible for analyzing financial data, preparing reports, and providing strategic insights to aid in decision-making processes. Financial Analyst collaborates with various departments to assess financial performance, identify trends, and make recommendations for improving financial outcomes.

Additional responsibilities will include supporting business leaders with forecasting, trend analysis and executive decision support. The position requires a deep understanding of the business processes, policies and systems and be a subject matter expert with regards to all financial management systems. The scope of his/her activities will have a high institutional impact as the projects will involve multiple systems affecting a broad range of corporate activities.

Main responsibilities will include the following

Facility and Other Function Spend Analysis

• Analyze and explain variance in facility and other function spend compared to Quarter-over-Quarter (QoQ), Year-over-Year (YoY), Annual Operating Plan (AOP), and Monthly forecast, and communicate key drivers to relevant stakeholders.
• Collaborate with cross-functional teams and stakeholders who own the overall budget for the function to understand cost drivers and identify opportunities for cost optimization.
• Assist in the preparation of the annual budget and periodic forecasts.
• Monitor budget performance, investigate variances, and recommend corrective actions as needed.

Financial Analysis & Reporting

• Conduct in-depth financial analysis to support strategic initiatives and identify areas for improvement.
• Evaluate the financial impact of various projects, investments, and operational changes.
• Prepare and present accurate and timely financial reports to management and key stakeholders.
• Develop and maintain dashboards to track key performance indicators (KPIs) and financial metrics.

Forecasting, Trend & Adhoc Analysis

• Monitor economic, industry, and market trends to provide insights into potential impacts on the organization.
• Utilize forecasting techniques to predict future financial trends and outcomes.
• Respond to ad hoc requests for financial analysis and reporting from various departments and senior management.
• Conduct special projects to support strategic initiatives and business decisions.

Cross-Functional Collaboration

• Work closely with other departments, such as accounting, operations, and sales, to gather relevant financial information and ensure alignment with organizational goals.

QUALIFICATIONS AND EXPERIENCE

• Chartered Accountant.
• Proven experience as a Financial Analyst. With strong analytical skills with the ability to interpret complex financial data.
• 2-3 years of post-qualification experience in FP&A role with an MNC.
• Excellent proficiency in financial modeling and data analysis tools.
• Advanced knowledge of accounting principles, financial regulations, and financial statement analysis.
• Effective communication and presentation skills.
• Detail-oriented with a high level of accuracy.

SELECTION CRITERIA

• Strong knowledge of Hyperion, Essbase, Workday, Incorta and other financial and non-financial databases
• Strong analytical skills with expertise in spreadsheet and PowerPoint skills
• Ability to produce coherent and succinct management reports.
• Positive attitude and willingness to learn.
• Be flexible and open to changes.
• Detail oriented, organized, and accurate
• Strong interpersonal, communication and team member skills.

Pre-Requisites / Skills / Experience Requirements: