Senior Financial Analyst - Retail - Western Digital

At Western Digital, our vision is to power global innovation and push the boundaries of technology to make what you thought was once impossible, possible.

At our core, Western Digital is a company of problem solvers. People achieve extraordinary things given the right technology. For decades, we’ve been doing just that. Our technology helped people put a man on the moon.

We are a key partner to some of the largest and highest growth organizations in the world. From energizing the most competitive gaming platforms, to enabling systems to make cities safer and cars smarter and more connected, to powering the data centers behind many of the world’s biggest companies and public cloud, Western Digital is fueling a brighter, smarter future.

Binge-watch any shows, use social media or shop online lately? You’ll find Western Digital supporting the storage infrastructure behind many of these platforms. And, that flash memory card that captures and preserves your most precious moments? That’s us, too.

We offer an expansive portfolio of technologies, storage devices and platforms for business and consumers alike. Our data-centric solutions are comprised of the Western Digital®, G-Technology™, SanDisk® and WD® brands.

Today’s exceptional challenges require your unique skills. It’s You & Western Digital. Together, we’re the next BIG thing in data.

Essential Duties & Responsibilities:

Forecasting (Planning): Working cross functionally to create short (1 qtr), mid (4-8 qtrs) and long (3-5 yrs) term financial forecast for Retail HDD business.

• In collaboration with the Market Intelligence team, Business Marketing, and Sales, creating P&L forecast inclusive of price, volume, mix and cost.
• In conjunction with the Business Marketing, submitting, and talking to weekly Risks and Opportunities off the monthly forecasts.
• Submitting yearly a Long-Range Planning (LRP) P&L Forecast for a 3-5 year period, working with, and aligning closely with the Market Intelligence team and Business Marketing.

Retail Financial Analysis and Reporting (Execution): Analyzing financial execution and providing insights to enhance retail HDD business performance.

• Prepare and drive operational and financial metrics in support of key decision making to achieve financial targets.
• Conducting deep dives on the health of the retail business, including but not limited to revenue, volume, margin, down to a customer and product basis. Prepare variance (PVMC) analysis to identify Price/Volume/Mix/Cost trends and key drivers.
• Influence pricing and contractual programs, reviewing competitive positioning, share, customer contracts, and strategic initiatives through data driven analysis.
• Ensure accurate accounting of programs by comparing enabled sales pricing with pricing as reported in the GL, working cross functionally with accounting, sales, and business management to solve root causes, minimizing issues regarding timing in compliance with US GAAP.
• Prepare ad-hoc analysis and provide financial expertise and insight on strategic or cross-functional initiatives.
• Maintain/evolve revenue & margin forecasting models and/or metrics and dashboards.
• Implement process and tools improvements, possibly involving utilization of information systems.

Required:

• This position requires bachelor’s degree in finance or accounting. A master’s degree in business administration or a related field is a plus.
• 5-7 years of FP&A experience preferably within the retail or technology sector.
• Strong financial analysis, financial modeling, variance analysis, communication (written and verbal), and presentation skills.
• Advanced Excel skills, proficiency in PowerPoint, experience with ERP and Business Intelligence systems (PowerBI experience a plus).
• Excellent business partnering skills and working cross functionally to influence the business in navigating through seasonal, secular, and cyclical market dynamics.
• Demonstrated results in improving existing controls and processes, and ability to troubleshoot and analyze complex problems.
• Detail oriented, with strong organizational skills along with the ability to multitask and prioritize in a fast passed environment.
• Ability to quickly synthesize information, structure a concise, clear presentation of findings to an executive audience, and prioritize issues as appropriate.
• Proactive, independent, and self-driven individual with the ability to take the initiative and work independently with minimal supervision.

Western Digital is committed to providing equal opportunities to all applicants and employees and will not discriminate against any applicant or employee based on their race, color, ancestry, religion (including religious dress and grooming standards), sex (including pregnancy, childbirth or related medical conditions, breastfeeding or related medical conditions), gender (including a person’s gender identity, gender expression, and gender-related appearance and behavior, whether or not stereotypically associated with the person’s assigned sex at birth), age, national origin, sexual orientation, medical condition, marital status (including domestic partnership status), physical disability, mental disability, medical condition, genetic information, protected medical and family care leave, Civil Air Patrol status, military and veteran status, or other legally protected characteristics. We also prohibit harassment of any individual on any of the characteristics listed above. Our non-discrimination policy applies to all aspects of employment. We comply with the laws and regulations set forth in the "Know Your Rights: Workplace Discrimination is Illegal” poster. Our pay transparency policy is available here.

Western Digital thrives on the power and potential of diversity. As a global company, we believe the most effective way to embrace the diversity of our customers and communities is to mirror it from within. We believe the fusion of various perspectives results in the best outcomes for our employees, our company, our customers, and the world around us. We are committed to an inclusive environment where every individual can thrive through a sense of belonging, respect and contribution.

Western Digital is committed to offering opportunities to applicants with disabilities and ensuring all candidates can successfully navigate our careers website and our hiring process. Please contact us at jobs.accommodations@wdc.com to advise us of your accommodation request. In your email, please include a description of the specific accommodation you are requesting as well as the job title and requisition number of the position for which you are applying.

Based on our experience, we anticipate that the application deadline will be 12/9/24, although we reserve the right to close the application process sooner if we hire an applicant for this position before the application deadline. If we are not able to hire someone from this role before the application deadline, we will update this posting with a new anticipated application deadline.

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Compensation & Benefits Details

• An employee’s pay position within the salary range may be based on several factors including but not limited to (1) relevant education; qualifications; certifications; and experience; (2) skills, ability, knowledge of the job; (3) performance, contribution and results; (4) geographic location; (5) shift; (6) internal and external equity; and (7) business and organizational needs.
• The salary range is what we believe to be the range of possible compensation for this role at the time of this posting.  We may ultimately pay more or less than the posted range and this range is only applicable for jobs to be performed in California, Colorado, New York or remote jobs that can be performed in California, Colorado and New York.  This range may be modified in the future.
• You will be eligible to participate in Western Digital’s Short-Term Incentive (STI) Plan, which provides incentive awards based on Company and individual performance.  Depending on your role and your performance, you may be eligible to participate in our annual Long-Term Incentive (LTI) program, which consists of restricted stock units (RSUs) or cash equivalents, pursuant to the terms of the LTI plan. Please note that not all roles are eligible to participate in the LTI program, and not all roles are eligible for equity under the LTI plan. RSU awards are also available to eligible new hires, subject to Western Digital’s Standard Terms and Conditions for Restricted Stock Unit Awards.
• We offer a comprehensive package of benefits including paid vacation time; paid sick leave; medical/dental/vision insurance; life, accident and disability insurance; tax-advantaged flexible spending and health savings accounts; employee assistance program; other voluntary benefit programs such as supplemental life and AD&D, legal plan, pet insurance, critical illness, accident and hospital indemnity; tuition reimbursement; transit; the Applause Program, employee stock purchase plan, and the Western Digital Savings 401(k) Plan.
• Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.