Financial Planning & Analysis -Senior Manager

When you join Verizon

You want more out of a career. A place to share your ideas freely - even if they're daring or different. Where the true you can learn, grow, and thrive. At Verizon, we power and empower how people live, work and play by connecting them to what brings them joy. We do what we love - driving innovation, creativity, and impact in the world. Our V Team is a community of people who anticipate, lead, and believe that listening is where learning begins. In crisis and in celebration, we come together - lifting our communities and building trust in how we show up, everywhere & always. Want in? Join the #VTeamLife.

What you'll be doing...

The Finance Organization

At Verizon, we are building a world-class Financial Planning & Analysis (FP&A) organization. We have begun a comprehensive program to streamline processes, improve systems, realign the organization and add opportunities for personal skill-building and professional growth. We're finding new ways to add value and provide strategic support. This is the kind of work we do. We want to build leading FP&A practices within Verizon, setting the stage to become the place any FP&A professional wants to work. You can become a catalyst for change.

FP&A Corporate and Business Unit Team

Move beyond compiling data and help tell the story behind the numbers. The Business Unit facing positions offer opportunities to drive better business partnering and insights, while growing your FP&A leadership and interpersonal skills. You are considered a business partner and your contributions will make a difference. You'll become involved in, but not limited to, pricing decisions and new initiatives to develop new products and services. You can have an impact on new business growth opportunities through development of business case scenarios.

The Senior Manager of Operational Expense Forecasting is a high-impact, strategic role responsible for owning the forecast, analysis, and strategic management of our most critical operational costs-including subsidy, sales incentives, commissions, and Full-Time Labor-for Verizon's Value Prepaid brands.

This individual is a primary financial partner to the Chief Revenue Officer's (CRO) / Base Management organization and HR. The role is instrumental in translating commercial and sales strategies into financial outcomes, challenging assumptions in business cases, and driving profit optimization by improving key operational metrics.

Key Responsibilities

• Owning the end-to-end development and communication of the cost forecast and financial reporting across all prepaid brands for subsidy, Device Rebates, commissions, and Full-Time Labor (Headcount).
• Serving as a dedicated financial partner to the CRO organization / Base management / HRBP, focusing on the financial impact and effective deployment of subsidy and sales incentive programs.
• Leading the development of all business cases related to operational spending, partnering with the business to scrutinize and validate underlying assumptions.
• Owning relationships with Brand Managers to deeply understand brand strategy and align cost forecasts with strategic priorities.
• Driving partnerships with teams coordinating direct costs and device costs to identify supply chain efficiencies and opportunities to improve device costs.
• Leading cross-functional efforts to identify and implement operational metrics that improve cost performance (e.g., commissions efficiency, device cost reductions).
• Assessing cost efficiencies and driving profit optimization across all cost centers.
• Overseeing the preparation and delivery of consolidated operational expense results for the Value CRO organization / Base Management
• Owning the development and communication of the operating expense plans, financial reporting, operational analysis, and executive reviews for Actuals, Business Plan, and Best View for CRO Organization and Base Management.
• Leading the team to enhance partnership with HRBP and performance assurance team.
• Providing financial guidance and oversight to the Distribution Strategy organization related to our retail store footprint.
• Evaluating business results and serve as a functional expert to provide strategic guidance and insights during the analysis process.
• Serving as a Subject Matter Expert to complex business performance issues, defining and executing action plans.
• Interpreting and evaluating monthly analyses of business trends, including budget variance of financial results and Key Performance Indicators (KPIs), to identify areas of risk and opportunities and provide data-driven recommendations.
• Assessing the impact of strategic financial decisions and present recommendations to leadership.
• Designing, developing, and implementing methods and strategies to continually improve processes, including further use of dashboards to analyze operational performance.
• Be accountable for making decisions and recommendations to ensure the quality and delivery of all financial products and services.
• Confidently presenting and communicating to all levels of the business.
• Providing experience in operational expense forecasting, business case development, and strategic financial modeling, preferably within the telecom sector.
• Demonstrating ability to build strong partnerships with commercial (sales, marketing, brand management) and operations teams.
• Experience managing and forecasting Headcount / Labor costs is highly desirable.
• Strong analytical and communication skills, with a track record of translating complex cost drivers into clear, executive-level insights.
• Advanced proficiency in financial planning systems and data analysis tools.

What we're looking for...

You'll need to have :

Bachelor's degree or four or more years of work experience.

Six or more years of relevant experience required, demonstrated through one or a combination of work and / or military experience, or specialized training.

Project management experience.

Experience with Microsoft Office Suite.

Even better if you have one or more of the following :

A Master's in Business Administration, Accounting, Finance, or Economics.

Experience in the technology and / or telecommunications industry.

A professional certification (e.g. CPA, CMA).

A high degree of analytical capability with the proven ability to structure business case around a high-level strategic vision.

Strong strategic skills, with the proven ability to identify and assess key points, implications and recommendations.

An advanced understanding of corporate financial planning, reporting & analysis, and costing / profitability methodologies and processes.

Demonstrated in depth understanding of common business and cost drivers, financial statement analysis, and deep-dive analysis.

Knowledge of FASB and SEC requirements, Generally Accepted Accounting Principles, tax reporting and accounting practices and International Financial Reporting.

Demonstrated experience in continuous improvement initiatives, root cause analysis and project management.

Proficiency in Essbase, Smart View, Hyperion Planning, and Hyperion Strategic Finance.

Experience leading large and complex team projects with minimal direct supervision.

If Verizon and this role sound like a fit for you, we encourage you to apply even if you don't meet every "even better" qualification listed above.

Where you'll be working

In this hybrid role, you'll have a defined work location that includes working from home and a minimum of three days per week in the office, which will be set by your manager. Employees are responsible for maintaining compliance with hybrid work policies.

Scheduled Weekly Hours

40

Equal Employment Opportunity

Verizon is an equal opportunity employer. We evaluate qualified applicants without regard to veteran status, disability or other legally protected characteristics.

Benefits and Compensation

Our benefits are designed to help you move forward in your career, and in areas of your life outside of Verizon. From health and wellness benefit options including : medical, dental, vision, short and long term disability, basic life insurance, supplemental life insurance, AD&D insurance, identity theft protection, pet insurance and group home & auto insurance. We also offer a matched 401(k) savings plan, stock incentive programs, up to 8 company paid holidays per year and up to 6 personal days per year, paid parental leave, adoption assistance and tuition assistance, plus other incentives, we've got you covered with our award-winning total rewards package. Depending on the role, employees have the opportunity to receive compensation in the form of premium pay such as overtime, shift differential, holiday pay, allowances, etc. Newly hired employees receive up to 15 days of vacation per year, which grows with additional service. For part-timers, your coverage will vary as you may be eligible for some of these benefits depending on your individual circumstances.

The salary will vary depending on your location and confirmed job-related skills and experience. This is an incentive based position with the potential to earn more. For part-time roles, your compensation will be adjusted to reflect your hours.

The annual salary range for the location(s) listed on this job requisition based on a full-time schedule is : $94,000.00 - $180,000.00.