Finance Business Partner (R&D)

ABOUT AVID  

Avid makes technology and collaborative tools so creators can entertain, inform, educate, and enlighten the world. Our customers are the visionaries behind the most inspiring feature films, television programs, news broadcasts, televised sporting events, music recording and live concerts. 

At Team Avid, we are committed to building a global organization that promotes and celebrates diversity and inclusion—drives innovation in a fun and highly-collaborative culture.  We pride ourselves on our core values: We are empowered, trusted, inclusive and passionate. 
 

JOB SUMMARY 

The FBPs at Avid act as team members for the functional leaders they support – serving as trusted advisors and delivering what leadership needs to successfully meet both functional and strategic cross-functional goals. We are looking for smart, collaborative and courageous financial experts ready to partner with leadership during a time of high transformation.  

RESPONSIBILITIES AND DUTIES  

Business Partnering  

• Work directly with Engineering and Products & Solutions team (R&D) to translate financial data into actionable insights for non-finance teams and act as a trusted advisor to the business leaders and financial link between the finance team and the business units. 

• Align with HR on headcount costs and ensure ongoing updates to financial views based on staffing. 

• Interpret financial performance and results and explain “why” and “what next” with the support from the back-office spend tracking analyst team. 

• Provide financial expertise to support business strategy and decisions.  

• Challenge business assumptions and influence decisions. 

• Drive performance analysis and management reporting. 

• Deliver ad-hoc projects from large cross functional projects to smaller projects as needed by management requirements 

• Drive Business case modeling and review process by leading stakeholders from problem definition to approval and building detailed financial modeling with risk assessment and clear documentation to support optimal investment decisions. 

• Align stakeholders on and enable tracking of results against plans 

Financial Analysis & Modeling:  

• Develop complex models, forecast trends, analyze performance, and identify risks/opportunities.  

• Regularly monitor and report on financial performance against KPIs, budgets, and forecasts, commenting on variances and identifying trends. 

• Translate complex financial data into actionable insights, offering recommendations for cost control, investment, and resource allocation 

• Lead business planning, forecasting, and performance management processes. 

• Monitor KPIs, provide variance analysis, and support action plans to meet objectives. 

Finance Reporting 

• Get involved in Monthly Operating  Reviews and Quarterly finance performance meetings, prepare reports, present findings, and communicate financial performance across the organization. 

• Condense complex analyses into clear presentations for management. 

Strategic guidance  

• Act as a financial advisor to business leaders, translating data into actionable insights, linking financial plans to company goals, and driving performance through analysis, forecasting, scenario planning, and identifying opportunities/risks to support informed, profitable decisions. 

• Partner with department heads, IT application owners, and HR Business Partners to align financial plans with overall business strategy and objectives. 

• Analyze complex financial data to provide clear, actionable insights and recommendations for decision-making. 

• Develop financial models, scenarios, and options to support strategic business decisions (e.g., investments, new products). 

• Enhance financial understanding within non-finance teams to enable better financial stewardship. 

• Identify profitability improvements, market trends, and competitive insights to drive business performance.  

• Oversee results and identify risks or issues to meeting planned benefits 

QUALIFICATIONS & SKILLS  

• Bachelor's degree in finance/accounting  or related field  

• 5+ years in Financial Planning, Analysis and Planning 

• Experienced in working with business partner and multiple stakeholders ;  

• Proficiency with Financial reporting tools (NS, NSPB, SAP, Domo, Power BI, etc.);  

• Advanced Microsoft Excel skills required; Financial modeling and strong analytical skills required 

• Expertise in ROI analysis for R&D, strategic resource allocation, product P&L allocations, portfolio profitability analysis, etc; 

• Proven ability to influence and collaborate with senior executives and cross-functional stakeholders. 

• Strong ability to translate data into actionable insights and strategic recommendations. 

• Ability to effectively multi-task projects with competing priorities; make decisions under pressure and work under tight deadlines  

• Self-starter with ability to anticipate issues and proactively provide creative solutions  

• Ability to work independently and within various teams  

• Ability to effectively mine data and draw relevant results on business performance, but more importantly be able to provide recommendations for improvement or business change  

• Strong analytical and problem-solving skills 

• Excellent communication and relationship-building abilities. 

• Deep understanding of business operations and financial principles. 

• Strategic thinking and commercial acumen. 

• Ability and willingness to influence and challenge stakeholders even when those stakeholders are more senior.  

Avid is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.  

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