Director of Finance, Cloud Services
Palo Alto, CA, USA | VMware
Industry:Computer Software / Computer Games
Job Description:78 people have viewed this job
The Director for the Cloud Business Services will have responsibility for ensuring strategic and financial success in one of VMware’s priority businesses. This critical position will oversee portfolio management across the full P&L, including R&D, marketing and close coordination with a specialist sales organization. Key responsibilities include ensuring a balanced portfolio while prioritizing and making the necessary trade-offs to scale a rapidly growing business.
Working closely with the General Manager for Cloud Services, this role will play a significant financial and business leadership role.
Maximize long-term shareholder value of the business unit
Partner closely with the GM and other executive staff to drive business results to targets
Lead the business units annual budget planning process including full BU P&L, commitments,
and investment portfolio trade
Manage the monthly forecasting process, including preparing and analyzing both the monthly forecast along with the current quarter and twice per year, the projections for six quarters out
Lead the analytics for the portfolio review, with ROI analysis, product life cycle management and balanced portfolio optimization
Through ROI methodology, ensure return is maximized and risk is minimized when evaluating all investments across the portfolio
Effectively work across the operations finance team to ensure everyone is working towards the same goal, improving productivity
Develop financial models and analyses to support strategic initiatives
Participate in operations reviews to ensure both short-term budgets and long-term plans are on track
Provide leadership for managing all merger and acquisitions activities within this area of the business, including target identification, due diligence, financial valuation, and post-acquisition integration
Attract, develop and retain outstanding financial management talent.
Acquiring an intense understanding of VMware’s business today, and keen insights into where it is going in the future allowing for innovative concepts and promoting new ideas.
12 to 15 years of related experience in a senior financial role in a comparable or larger sized public, technology-based, SaaS growth business.
Undergraduate degree in finance or similar
Experience implementing significant process and technology improvements, experience integrating acquisitions, significant functional experience specifically of finance operations in a “large” public company (preferably multinational) environment, and strong knowledge of US GAAP and SEC compliance.
Ability to provide sound business judgment, strategic thinking, and broad financial and business perspective across the organization
Outstanding financial acumen blended with business partnership and leadership
Confidence and presence collaborating with and presenting to executive staff
Experience managing, growing, and developing finance organizations to the highest level of performance
Ability to identify, hire, and develop new talent
Ability to sort through complex issues, translate and communicate them in a clear, concise manner and develop appropriate solutions in a timely and responsive manner
Ability to credibly achieve results through influence and persuasion
Demonstrated track record of attention to detail, time management and prioritization skills
Ability to challenge the norms and processes and relentlessly looks for ways to add value and to position the organization for success
A proven track record of process improvement and experience with financial systems and process change initiatives
A highly metrics-driven individual with a strong analytical abilities
MBA or advanced degree
Act like it is your own company
Set out a vision and establish priorities
Have courage and take risks
Hold yourself and others accountable
Have passion for the business
Be humble and listen
Solve problems and deliver results
Develop your people
Be in the moment!
Be an ambassador for the CFO organization