Financial Analyst R&D
Job Summary
The Financial Analyst will manage R&D program expenses from budget creation through performance tracking. This role involves partnering with engineering and product leaders to provide financial insights, conduct variance analysis, and optimize costs. You will also develop scalable financial processes to align with the company’s long-term growth and success.
Responsibilities
- Manage R&D budgeting and forecasting process
- Perform monthly/quarterly variance analysis
- Build and maintain financial models
- Collaborate with R&D and engineering leaders
- Ensure data integrity and reporting accuracy
Required Skills
- 1-3 years FP&A experience
- Advanced Excel/Google Sheets
- Financial modeling proficiency
- Strong analytical and problem-solving skills
- Communication with non-financial stakeholders
Job Details
### Role Overview
As a Financial Analyst, you will take ownership of managing R&D program expenses from budget creation through performance tracking. In this role, you will work closely with engineering and product leaders, as well as accounting teams, to provide financial and strategic insights that support decision-making and cost optimization. You will conduct comprehensive quantitative and qualitative analyses to identify opportunities for growth and efficiency.
### Key Responsibilities
- Assist in financial planning and analysis by building and maintaining models for forecasting, budgeting, and cost analysis for R&D functions.
- Prepare accurate monthly, quarterly, and annual financial reports to track company performance.
- Conduct variance analysis to compare actual results against budgets and forecasts, identifying key drivers.
- Collaborate with cross-functional teams to provide insights and support decision-making processes.
- Partner with R&D business partners to identify cost-saving opportunities and drive process improvements.
- Ensure the integrity and accuracy of financial data by managing financial databases and reporting systems.
### Minimum Requirements
- 1-3 years of experience in financial planning and analysis (FP&A).
- Bachelor’s degree in Finance, Accounting, Economics, or a related field.
- Advanced skills in Excel or Google Sheets.
- Familiarity with financial statements (income statements, balance sheets, cash flow statements) and their analysis.
- Experience in building automated Excel reports.
- Solid understanding of corporate finance concepts such as budgeting, forecasting, and variance analysis.
- Strong problem-solving abilities and attention to detail.
### Preferred Qualifications
- Proficiency with AI tools (ChatGPT, Gemini, Glean, Cursor, etc.) and SQL, Databricks, or BI tools (e.g., Tableau, Power BI).
- Proficiency in FP&A tools, such as Workday Adaptive Planning (or similar planning systems) and NetSuite.
- Ability to work independently in a fast-paced environment and communicate complex financial concepts effectively.