FP&A Data Analyst

Alphawave Semi enables tomorrow’s future by accelerating the critical data communication at the heart of our digital world – from seamless video streaming to AI to the metaverse and much more. Our technology powers product innovation in the most data-demanding industries today, including data centers, networking, storage, artificial intelligence, 5G wireless infrastructure, and autonomous vehicles. Customers partner with us for mission-critical data communication, our innovative technologies, and our proven track record. Together, we enable the next generation of digital technology.

The role:

The Finance function at Alphawave Semi is evolving, and in FP&A we are focused on partnering with the business, to support and challenge them to succeed in delivering our ambitious growth strategy.

We are now looking to add a motivated and detail-oriented FP&A Analyst, to help us further develop our forecasting and reporting.

This role will play a crucial part in developing data-driven insights and financial analysis to support strategic decision-making. The ideal candidate should possess strong analytical skills, a keen attention to detail, and strong IT skills to produce standardized reporting across various systems.

This position offers an exciting opportunity to contribute to the organization’s success by leveraging data to drive informed financial planning and analysis.

You will collaborate closely with the FP&A and wider Finance team, empowering them with data and reporting, so that they can provide valuable insights and financial guidance to the business to support and challenge decision-making.

You will focus on:

• Regularly producing standardized cost center and revenue reporting
• Extracting additional detail from our financial systems to support variance analysis
• Maintaining and updating our financial models for actuals, forecast and budget

This is a key role in supporting the growth of our Finance and FP&A function, which would suit someone keen to learn and develop their career in Finance/FP&A.

This role will report functionally to the Director of FP&A with day-to-day reporting to the Director of Finance in India.   This role is based in our Bangalore Office in India.

Responsibilities:

1. Data Management:

• Collect, analyze, and validate financial data from various financial and non-financial sources.
• Ensure data accuracy, completeness, and integrity for use in financial reporting, models and analysis.
• Develop and maintain data models and reporting.
• Extract further detail from the financial systems as/when required.

Financial Planning and Analysis:

• Support the FP&A team in monthly reporting of actuals.
• Support the FP&A team in budgeting, forecasting, and financial planning processes.
• Prepare and analyze financial reports, highlighting key performance indicators (KPIs) and trends.
• Assist in the development of financial models to evaluate business performance and project future financial scenarios.

Variance Analysis:

• Conduct variance analysis to identify and explain differences between actual financial results and forecasts/budgets.
• Extract detail from the financial systems to explain variances and provide detail for significant one-off deltas.

Reporting and Presentation:

• Generate and distribute regular financial reports to the FP&A Finance Business Partners.
• Ensure reporting is timely, user-friendly and accurate.
• Highlight any issues alongside variance analysis.

Process Improvement:

• Identify opportunities for process improvements in financial data management and reporting.
• Work closely with IT and other departments to implement enhancements to data systems and reporting tools.
• Support implementation of our new ERP system

Building Relationships

• Build great relationships across the Finance team to help us improve our processes and outputs.
• Build great relationships outside of Finance to strengthen the link between Finance and the rest of the business, and to help develop a strong reputation for the Finance team.

What you’ll need:

• Experience of working in a Finance role that includes monthly reporting.
• Strong Excel skills and experience of financial systems and an ERP system such as SAP or Oracle.  Consolidation and reporting tools (eg Power BI) experience would also be great.
• Experience of the month end process.
• Experience of forecasting and budgeting.
• Financial modelling experience.
• Strong sense of personal responsibility and accountability.
• Ability to work independently with initiative and drive, and to work as part of a team.
• Ambition and eagerness to learn.
• Studying towards a recognized  accountancy qualification, or recently qualified.