Virgin Galactic

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Manager of Finance, Planning & Analysis (FP&A)

Manager of Finance, Planning & Analysis (FP&A)

Req No. 
2017-3070
Job Locations 
US-CA-Los Angeles
US-CA-Los Angeles
Category 
Finance
Type 
Regular Full-Time
Company 
Virgin Galactic
Classification 
Exempt

More information about this job

Who we are

Virgin Galactic www.VirginGalactic.com is on track to become the world’s first privately funded commercial space line. It is dedicated to becoming a world leader in sub-orbital commercial space tourism with a longer term vision to develop other space technologies that have the potential to open space to significantly more people and users. If you are looking for an exciting opportunity in a burgeoning industry, are exceptionally creative, are a great problem solver, and can make things happen - apply today!

 

Our Values
Virgin Galactic and the greater Virgin Organization have a relaxed and informal culture that encourages individuality and innovation. The ideal candidate will be motivated, enterprising and enthusiastic. Company culture is such that you need to be able to “check your ego at the door”, be a self-starter and possess a sense of humility. The ideal candidate will work well under pressure, thrive on being given challenges and responsibility, communicate clearly, be confident and persuasive, have a high level of integrity, and understand the need for complete confidentiality.

Who you are
This role is instrumental in leading and driving the budgeting and forecasting process, and providing insightful analyses and information to enhance overall Company decision making and profitability. This role will provide continual and ad-hoc expense analyses, coordinate and consolidate forecasts/budgets with individual business units, and drive better productivity through the identification of process and functional improvements. You will work alongside other finance team members across the entire organization to continually improve the overall performance and productivity of the team(s).

Location: Local candidates only at this time.

Your Mission

    • Lead detail annual department budgeting and quarterly reforecasting process for Shared Services/Corporate and Commercial/Marketing.
        • Meet with leaders across program to identify costs and headcount requirements in support of management objectives
        • Headcount planning.
          • Maintain and update headcount planning templates, etc.
          • Headcount tracking in support of budget vs. actual reporting and quarterly reforecast
        • Expense planning
          • Prepare operating and capital expense plan for each plan cycle, including annual budget and quarterly reforecast with relevant stakeholders. Manage department planning templates
          • Determine proper accounting treatment for planned expenses from program leaders (Capex, Opex, prepaid, amortizations, etc.)
    • Able to address accounting/planning questions from program leaders (accounting treatment, payment schedules and impacts on financials, etc.)
  • Manage corporate consolidations across entire Virgin Galactic organization for: headcount, operating, and capital expenditures.
    • Lead implementation of project-based planning and tracking of development costs
    • Support costing process for operational units
    • Perform budget to forecast, and forecast to forecast reconciliations
    • Requires ability to understand operational units to properly align financial projections and to assess impacts to operational goals
  • Monthly department variance reporting
    • Perform account level variance explanations, identifying timing vs. permanent cost differences to budget
    • Update forecast as it relates to cost differences identified in variance analysis
    • Demonstrate ability to provide program level/macro explanations on milestone progress as it relates to budget/forecast
    • Conduct GL account review for all P&L activity, validating balances are reasonable and accurate as compared to current operating plans
    • Work closely with accounting department researching variance explanations, propose reclass journal entries, convey budget assumptions, etc.
  • Manage senior management/BOD dashboard reporting process
    • Oversee compilation of monthly dashboard, including performing variance explanations, headcount comparisons, etc.
  • Implementation of budgeting/planning and reporting tool (Anaplan).
  • Previous experience highly preferred, including implementation, model building, financial/performance reporting, etc.
  • Ad-hoc/Other
    • Work with Finance/Accounting and other stakeholders on issues and solutions
    • Aid in the development of impactful, compelling presentation materials (decks, notes, write-ups, backup materials, etc.) that effectively communicates financial projections, risks and opportunities
    • Other special projects as required
  • Travel to Manufacturing and Operations facilities in Mojave, CA & Las Cruces, NM required (home base is in Los Angeles)

What you bring

  • Bachelor’s Degree in accounting, economics, or finance; MBA or CPA preferred, or work experience equivalent
  • Progressive advancement in accounting and finance function in operational or corporate finance departments.
  • 5-7 years of experience preferred. Public company and/or manufacturing-environment experience preferred
  • Strong working knowledge of Excel:
    • Formulas and Functions, including: Pivot tables, Vlookups, Nested IF statements, Logic statements, etc.
    • Financial modeling experience in Excel required. Data tables, what if analysis
    • Excel best practices required (formatting, file linking, etc.)
  • Solid understanding of accounting and finance principles
  • Experience with investment banking models a plus
  • Superior analytical skills. Articulate with excellent verbal and written communication skills
  • Strong business partnering and interpersonal skills. Highly organized, flexible and easily adaptable to changing conditions
  • Ability to work well under high pressure and tight deadline situations. Strong project management skills
  • Ability to multi-task and manage numerous simultaneous priorities. High energy, high ownership of work product and dedication and commitment to driving results
  • Past experience implementing EPM platforms preferred (Anaplan)

 

Virgin Galactic is an Equal Opportunity Employer; employment with Virgin Galactic is governed on the basis of merit, competence and qualifications and will not be influenced in any manner by race, color, religion, gender, national origin/ethnicity, veteran status, disability status, age, sexual orientation, marital status, mental or physical disability or any other legally protected status.

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