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Financial Analyst - II (R-20841)

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JOB TITLE: Financial Analyst II

JOB LOCATION: India (Remote)

FUNCTION: Finance

JOB DESCRIPTION:

The Rackspace Private Cloud Product Finance Team has a pivotal role in supporting Private Cloud Product and Professional Services (PS) business partners in understanding their expense structure, helping to manage expense increases/decreases, and analyzing forecast to actual variances. With a wide scope of accountability/ownership, you will perform analysis of the relevant financial metrics and work closely with the wider business to understand trends as well as internal needs. You will take a proactive approach, working with Directors and VP's through the development process of each budget and makes recommendations.

Within this team, a Financial Analyst will primarily support the Private Cloud Product and Professional services expenses and revenue. You will be responsible for developing department’s annual budgeting process: plans, develops, prepares, inputs, and maintains company’s budgets and monthly forecast.

Daily tasks include analyzing and evaluating the department's operating results and financial position to summarize, report, and influence key financial decisions. In addition, develop/review forecasts for accurate and timely cash flow projections, expense projections, headcount, department performance, and direct expenses.

We are looking for someone who can work under pressure, maintain high standards of deliverables and attention to detail, who thinks in a structured way and is highly analytical. A successful candidate should be able to prioritise and juggle multiple tasks, be curious about technology, willing to learn and should have a very strong understanding of financial concepts.

JOB REQUIREMENTS:

Key Accountabilities

· Provide guidance to Product and PS departments with regards to expense budgets and forecasts

· Owning full life cycle of annual budget to monthly forecast to actual results with variance analysis and reporting throughout

· Help drive expense reduction efforts through quality information management and advice

· Constantly improve processes & reporting to meet the needs of senior business partners

Key Performance Indicators

· Maintain and improve forecast to actual reporting

· Ensure that business leaders are taking healthy financial decisions and that the company’s overall financial targets are achieved

· Evaluate profitability and margins for the organization through objective and data-driven analysis

· Improve tools enhancing the understanding of financial performance by the business

MAIN CONTACTS (external/internal):

· Product and Professional Services Leadership

· Accounting, wider Finance team members

· Executive Leadership

· Third Party Vendors

PERSON SPECIFICATION:

· Bachelors in Business Administration/Finance/Economics

· Masters degree and/or Chartered Accountant with 1-2 years of relevant working experience highly desirable

· Technical knowledge of budgeting, financial statements, cash management, and financial analysis processes

· Self-starter that takes ownership of issues and drives them toward a conclusion

· Able to succeed in a fast, high-growth and fairly unstructured work environment

· Ability to dig into details as well as analyze data from a high level view

· Advanced Excel skills and Power BI desirable

· Excellent written and verbal communication and interpersonal/networking skills.

· Team player with an open and internal customer focused approach

· Works under minimal supervision. Provides updates of work performed as needed.

What You Should Know About Financial Analyst - II (R-20841), Rackspace

As a Financial Analyst II at Rackspace, you will play an essential role in our Private Cloud Product Finance Team. This is an exciting opportunity for someone passionate about finance, technology, and making a significant impact. Working remotely from India, you will collaborate closely with business partners to understand and manage expenses while analyzing the differences between forecasts and actuals. Your analytical skills will come into play as you evaluate financial metrics, helping to navigate budget development processes alongside Directors and VPs. Tackling responsibilities like overseeing the annual budgeting cycle from planning to execution, you’ll set the stage for making informed decisions that drive the business forward. Imagine the satisfaction of being a vital cog in ensuring the company's financial health, maintaining robust expense projections, and understanding cash flow dynamics. Your daily tasks will include gathering operating results, analyzing data trends, and influencing strategic financial decisions. For someone who thrives in a fast-paced environment and loves juggling multiple tasks while adhering to high standards, this role is tailor-made. With curiosity about technology, you will continually seek improvements in processes and reporting methods to better support our team. If you have a solid grasp of financial concepts and enjoy working both on details and big-picture analytics, we can't wait to meet you and see the unique insights you can bring to Rackspace!

Frequently Asked Questions (FAQs) for Financial Analyst - II (R-20841) Role at Rackspace

What are the key responsibilities of a Financial Analyst II at Rackspace?

The key responsibilities of a Financial Analyst II at Rackspace include supporting the Private Cloud Product and Professional Services in understanding their expense structure, managing budget development processes, and performing variance analyses between forecasts and actual results. You’ll also drive expense reduction initiatives, improve reporting practices, and maintain the financial health of various departments.