Financial Analyst

Financial Analyst

The Financial Analyst is instrumental in supporting and helping drive the budgeting and forecasting process for VG 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 plans and budgets with department leaders, 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).

Responsibilities

• Consolidation of Monthly Management Reporting, Annual Budget and Quarterly Reforecasts
• Consolidate monthly financial packages, budgets and quarterly reforecasts for VGH management reporting. Provide account and summary level variance explanations at the consolidated level.
• Perform reconciliation of monthly financial package to GAAP consolidated financials
• Own and maintain consolidated rollups, reconciliations and support schedules for corporate reviews.
• Work closely with Program Finance and FP&A teams to coordinate updates and identify issues in financial data and commentary (includes analyzing monthly, quarterly and year-over-year trends)
• Detail annual department budgeting and quarterly reforecasting process for business units. Report headcount, operating, and capital expenditures to Virgin Galactic Corporate.
• Meet with leaders across the business to identify costs and headcount requirements in support of management objectives
• Headcount planning
• Maintain and update headcount planning templates. Work directly with department leaders in planning process
• Headcount tracking in support of budget vs. actual reporting and quarterly reforecast
• Expense planning
• Able to address accounting / planning questions from program leaders (accounting treatment, cash vs. GAAP differences, etc.)
• Maintain multi-year plans to address resource planning with supporting scenario analysis. Develop G&A and overhead allocation projections
• Perform budget to forecast and forecast to forecast reconciliations. Identify risks and opportunities
• Monthly department financial reporting
• Perform account level variance explanations, identifying timing vs. permanent cost differences to budget. Generate monthly financial statements
• Update forecast as it relates to cost differences identified in variance analysis
• 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.
• Assist in senior management / BOD dashboard reporting process
• Participate in senior finance monthly close meetings
• Support implementation and administration of budgeting / planning and reporting tools (Anaplan).
• Administer the Anaplan expense planning and reporting models for VG, including updating master data, updating and creating dashboards and reports using the Excel add-in interface, conduct training and documentation of user guides and supporting docs.
• 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

Required Skills and Experience

Virgin Galactic is an aerospace and space travel company, pioneering human spaceflight for private individuals and researchers with its advanced air and space vehicles. We are making the dream of space travel a reality, delivering spaceflight at an unprecedented frequency, with the development of next generation space vehicles.