Western Digital Capital
Sr. Financial Analyst: OTC Cash Forecasting & AR Reporting
Western Digital Capital, San Jose, California, United States, 95199
Full-timeJob Type (exemption status): Exempt position - Please see related compensation & benefits details belowSalary Range: 89,165.00-126,300.00Business Function: FinanceCompany Description
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.Job Description
Perform analysis and forecasting for all aspects of incoming Cash Forecasting, Accounts Receivable Financial Close, and management reportingCorporate Order-to-Cash Cash Forecasting
Key strategic member of Collections Forecasting team to provide primary AR/Collections inputs to corporate Free Cash Flow Forecast, by extrapolating revenue forecasts into cash timingCollaborate with BU Finance Management Teams on revenue forecast roll-ups, leveraging corporate reporting tools to generate models aligned to business needs that track forecast and actual collectible revenue attainmentAnalyze and evaluate accuracy of the forecast inputs/sources and influence business partners for continuous improvementsReview weekly bottoms-up collections forecasts from global AR/collections and Order-to-Cash analystsCompare accuracy between forecast model to input provided by the Global Collection & Rebates OrganizationsMaintain weekly scorecard for global forecast and provide performance feedback to downstream teams.Create a database of customer-level payment trendsPartner with Treasury management on analytics and decision support for liquidity actions
AR Close & Reporting :
Prepare monthly & quarterly management reporting package for senior leaders, in collaboration with global managers to provide insights on customer accountsPrepare weekly and monthly customer deduction activities and trend analysisSupport monthly AR close activitiesPrepare and maintain audit inputs and work with auditors on quarterly reviews and annual auditSupport SOX audit walkthrough with internal and external auditors
Qualifications
2+ years of experience in a finance, accounting or related positionMBA OR Bachelor’s Degree in Business, Finance or AccountingStrong Problem-Solving skills and analytical skillsUnderstanding of Order-to-Cash, Accounts Receivable, or Rebates process is a plusAbility to work across multiple cross-functional and global teamsStrong attention to detail and commitment to accuracy of financial informationWorking knowledge of Power BI and SAP or Oracle ERP preferredAdditional Information
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.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.Based on our experience, we anticipate that the application deadline will be 1/23/2025 (3 months from posting), although we reserve the right to close the application process sooner if we hire an applicant for this position before the application deadline.Compensation & Benefits DetailsAn 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.
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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.Job Description
Perform analysis and forecasting for all aspects of incoming Cash Forecasting, Accounts Receivable Financial Close, and management reportingCorporate Order-to-Cash Cash Forecasting
Key strategic member of Collections Forecasting team to provide primary AR/Collections inputs to corporate Free Cash Flow Forecast, by extrapolating revenue forecasts into cash timingCollaborate with BU Finance Management Teams on revenue forecast roll-ups, leveraging corporate reporting tools to generate models aligned to business needs that track forecast and actual collectible revenue attainmentAnalyze and evaluate accuracy of the forecast inputs/sources and influence business partners for continuous improvementsReview weekly bottoms-up collections forecasts from global AR/collections and Order-to-Cash analystsCompare accuracy between forecast model to input provided by the Global Collection & Rebates OrganizationsMaintain weekly scorecard for global forecast and provide performance feedback to downstream teams.Create a database of customer-level payment trendsPartner with Treasury management on analytics and decision support for liquidity actions
AR Close & Reporting :
Prepare monthly & quarterly management reporting package for senior leaders, in collaboration with global managers to provide insights on customer accountsPrepare weekly and monthly customer deduction activities and trend analysisSupport monthly AR close activitiesPrepare and maintain audit inputs and work with auditors on quarterly reviews and annual auditSupport SOX audit walkthrough with internal and external auditors
Qualifications
2+ years of experience in a finance, accounting or related positionMBA OR Bachelor’s Degree in Business, Finance or AccountingStrong Problem-Solving skills and analytical skillsUnderstanding of Order-to-Cash, Accounts Receivable, or Rebates process is a plusAbility to work across multiple cross-functional and global teamsStrong attention to detail and commitment to accuracy of financial informationWorking knowledge of Power BI and SAP or Oracle ERP preferredAdditional Information
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.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.Based on our experience, we anticipate that the application deadline will be 1/23/2025 (3 months from posting), although we reserve the right to close the application process sooner if we hire an applicant for this position before the application deadline.Compensation & Benefits DetailsAn 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.
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