Finance Analyst, Workplace

The Elevator Pitch: Why will you enjoy this new opportunity? Do you love digging into data to find insights and solve problems? Are you excited to work in a fast-paced global environment? Do you thrive in an open, positive, and dynamic culture built on competence and trust? If you answered yes to the above, then the Finance Analyst role may be a good fit for you. As a finance analyst at VMware, you’ll be part of a global team that provides visibility, reporting and insight for data driven decision-making. You will present financial results to business partners and guide them through the decision-making process, managing operational and capital expenses, tracking metrics, and assessing drivers impacting future investments. You will innovate, build your own financial models and drive process optimizations. The role will be a trusted finance advisor to the Workplace leadership team and will play a key role in the strategic planning and forecasting processes. Success in the Role: What are the performance outcomes over the first 6-12 months you will work toward completing? Forecast and analyze OPEX and CAPEX spend for assigned organizational unit: Within 30 days of employment, become competent with VMware’s FP&A processes, fiscal calendar, and main tools. Within 60 days you would be independently updating OPEX and CAPEX forecast for assigned organization, based on latest available information and would be executing on period close activities as per applicable timelines Within 120 days you would be able to maintain and distribute regular reporting packages and analyze variances to forecast; provide commentary and additional context to business partners, and address other ad hoc requests they might have Within 180 days you would be ready to review and challenge OPEX and CAPEX investment requests made by our businesses partners as well as assist in developing new financial models supporting long-term planning You would be collaborating with other colleagues from Finance, Accounting, Procurement, Sourcing and Workplace to improve existing reporting and build new dashboards as requirements evolve The Work: What type of work will you be doing? What assignments, requirements, or skills will you be performing on a regular basis? The primary goal of this role is to support the business (Workplace) with all the aspects of OPEX and CAPEX financial management. Your regular activities may be modified to suit your professional strengths, but you can expect a variety of the following assignments: Prepare and input in Hyperion OPEX and CAPEX forecast as per FP&A calendar; discuss main assumptions, risks, and opportunities with Business and Finance leadership Review spend and prepare variance analysis using SAP BI, general ledger and other available data sources Complete close tasks as per quarterly schedule and provide input to improve close activities at the Corporate Finance level Independently lead regular meetings with business stakeholders to guide them on accounting principles, best OPEX budget management practices and advise them on budget utilization Create, update and maintain various Excel/Power BI dashboards, supporting the Business and Finance Management teams. Identify and drive process improvements, including the creation of standard and ad-hoc reports and tools. Drive accountability to financial commitments, translate analysis and results into actionable recommendations that support decision making through clear presentation & communication. What is the leadership like for this role? What is the structure and culture of the team like? You would be joining the 50+ Sofia Finance Team. The global team is spread across the VMware offices including Palo Alto, Cork, Bangalore and Heredia. We are a community that supports each other and strives to provide psychological safety. Our team culture is one based on trust, having pride in one’s work, continuous improvement and adaptivity. Where is this role located? Flexible: The location of this role is flexible within Sofia region. Work will be done from an office some days during a week and other days from a non-VMware building. What are the benefits and perks of working at VMware? VMware offers a competitive and comprehensive benefits package for you and your loved ones. Below are some highlights, or you can view the complete benefits package by visiting www.benefits.vmware.com. Attractive compensation package - competitive salary, flexible bonus scheme, company sponsored mobile phone plan and additional long-term incentives Healthy work environment - company sponsored medical program, food and beverage program, open communication Work-life balance – 25 days paid vacation 40 hours of paid time to volunteer in your community Financial contributions to your ongoing development (conference participation, trainings, course work, etc.) Wellness reimbursement and online fitness and wellbeing classes Category : Finance Subcategory: Finance Experience: Manager and Professional Full Time/ Part Time: Full Time Posted Date: 2023-02-15 VMware Company Overview: At VMware, we believe that software has the power to unlock new opportunities for people and our planet. We look beyond the barriers of compromise to engineer new ways to make technologies work together seamlessly. Our cloud, mobility, and security software form a flexible, consistent digital foundation for securely delivering the apps, services and experiences that are transforming business innovation around the globe. At the core of what we do are our people who deeply value execution, passion, integrity, customers, and community. Shape what’s possible today at http://careers.vmware.com. Equal Employment Opportunity Statement: VMware is an Equal Opportunity Employer and Prohibits Discrimination and Harassment of Any Kind: VMware is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at VMware are based on business needs, job requirements and individual qualifications, without regard to race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV Status, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, family medical history or genetic information, family or parental status, or any other status protected by the laws or regulations in the locations where we operate. VMware will not tolerate discrimination or harassment based on any of these characteristics. VMware encourages applicants of all ages. Vmware will provide reasonable accommodation to employees who have protected disabilities consistent with local law.