FP&A: Finance Business Partner – Revenue

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 Finance Business Partner who will collaborate closely with senior leaders and their wider teams to provide valuable insights and financial guidance to support decision-making.

You will focus on:

Revenue & gross profit. Forecasting, reporting, and analyzing deals/potential deals to provide insight into revenue recognition and gross profit. This includes acting as a trusted advisor to the business on revenue recognition and producing revenue recognition accounting papers to document our approach.

Your responsibilities will be to support and interact with our executive leaders and their teams. It requires strong technical accounting skills to review revenue contracts and opportunities against the revenue accounting standard (IFRS 15/ASC 606). You will work closely with our Strategic Business Units Finance Business Partner and our Financial Accounting team to ensure we are accurately and regularly updating our revenue/gross profit reporting and planning.

What you’ll do:

1. Revenue Forecasting:

• Work with cross-functional business partners to facilitate the review and execution of revenue deals.
• Provide ongoing guidance to the Business Unit on revenue recognition issues in conjunction with the corporate accounting team.
• Be a strategic partner with subject matter expertise in revenue, accounting and operations.
• Develop financial models and analyses to support strategic revenue initiatives.
• Support annual audit process and assist with the provision of information for external reporting.
• Document revenue recognition for all deals in line with company policy and IFRS 15.
• Forecast, review, confirm and report on bookings and order backlog.

2. Financial Planning and Analysis:

• Develop and maintain financial models to support budgeting, forecasting, and long-term planning for revenue/gross profit.
• Analyze financial performance, variances and trends to identify opportunities and risks.
• Prepare and present financial reports for revenue and gross profit.

3. Business Partnering:

• Key Finance Business Partner to our Head of Sales and their teams, as well as the executives responsible for the business units that generate revenue and our engineering teams who deliver our revenue performance obligations.
• Be the key point of contact for all revenue and gross profit planning and reporting.
• Review revenue opportunities to provide insight into revenue recognition and the P&L impact.
• Collaborate with business leaders and their teams to understand their needs and objectives.
• Serve as a trusted advisor by providing financial insights and recommendations to support decision-making.
• Assist in the development of business cases for new revenue and gross margin initiatives, investments, and projects.

4. Budgeting and Forecasting:

• Support delivery of monthly/quarterly forecasting and the annual budgeting process by working closely with senior management and their teams.
• Tell the story behind the numbers so we understand the outcomes of different scenarios.
• Identify risks and opportunities and help budget owners mitigate risks and exploit opportunities.

5. Financial Reporting:

• Prepare and distribute regular financial reports and dashboards to stakeholders.
• Ensure accuracy and integrity of financial data and reports.
• Understand and explain any variances to prior reporting (e.g. vs last month or last quarter).
• Support timely delivery of overall Group monthly management reporting.

6. Ad Hoc Analysis:

• Conduct ad hoc financial analysis as and when needed.
• Investigate and resolve revenue and gross margin inquiries and issues.
• Proactively support key stakeholders as their finance trusted advisor.

7. Process Improvement:

• Identify and implement process improvements to enhance efficiency and accuracy across Finance and specifically for financial reporting and analysis.
• Identify opportunities to maximize systems and reports, to automate and move to self-service reporting.
• Support delivery of half-year/year-end reporting and audit.

8. Building Relationships

• 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.
• Build great relationships across the Finance team to help us improve our processes and outputs.

What you’ll need:

• 5+ years experience applying IFRS 15/ASC 606 to complex long-term contracts. Accountancy qualification is also helpful.
• 3+ years of experience working in a Finance role that directly supports a team/area of the business, with a strong relationship with senior management.
• Experience of owning the financial reporting/forecasting/budgeting for business units/divisions.
• Financial modelling experience.
• Strong Excel skills and experience of an ERP system like SAP or Oracle. NetSuite experience is exceptionally valuable, and experience with consolidation and reporting tools (e.g. Power BI) experience would also be great.
• The ideal candidate will have experience working in the semiconductor industry, but experience working in the technology space would also be a strength.

Salary and Benefits

We offer great compensation packages, including a salary that aligns with each candidate’s skills and experience. Your contribution will be recognized with a base salary within the range of $125,000 to $165,000 annually, with the exact compensation within this range to be determined based on a candidate’s qualifications, skills, experience and location.

In addition, as part of our commitment to the well-being and satisfaction of our employees, we have designed a comprehensive benefits package that includes:

• Health Insurance
• Retirement Savings
• Paid time off

As part of our commitment to the well-being and satisfaction of our employees, we have designed a comprehensive benefits package that includes:

• Great compensation package
• Health Insurance
• Retirement Savings
• Paid time off