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Financial Analyst

Company: IGT
Location: Providence
Posted on: November 19, 2021

Job Description:

IGT is the global leader in gaming. We enable players to experience their favorite games across all channels and regulated segments, from Gaming Machines to Lotteries to Interactive. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has over 12,000 employees.

IGT is committed to fighting the COVID-19 pandemic. All newly hired employees at IGT must receive the final dose of the COVID-19 vaccine before they begin work unless they are approved for medical or religious accommodation.
Overview
The Financial Analyst 2 primarily supports the reporting, analysis and communication of actual financial performance and forecast outlook for CTO Lottery & Italy Technology and Global Infrastructure. In this role, the selected candidate will be responsible for providing a wide scope of financial information and insights to technology management and lottery/corporate financial planning. The expectation is to provide the Global Lottery business leadership with the required financial and operational metrics to drive tactical and strategic decisions and highlighting potential opportunities to identify areas where cost improvements can be realized. Performing business planning, monthly forecasting, strategic analysis, reporting & month end activities. Works with and educates operations managers in financial management. Develops budgets and forecasts for cost centers including headcount, operating expenses, and capital expenditure details. Maintains and monitors Technology Key Performance Indicators (KPI's). Assists with the monthly close process.
Responsibilities
Provide the financial skills, knowledge, and tools necessary to analyze and communicate the financial performance of the Global Infrastructure and CTO Lottery & Italy Technology groups, including, but not limited to:
--- Support annual 5 year plan preparation, forecast input, presentations, variance commentaries, and cost analyses.
--- Prepares journal entries and performs finance responsibilities as necessary supporting the accounting function and/or accounting policies.
--- Monthly maintenance, analysis and communication of actual KPI and financial performance data vs. prior year, prior quarter, budget and current forecast.
--- Design, build and automate standard variance and summary reporting capabilities in BPC to support presentations for technology leadership and Operational Reviews with CTO and CFO.
--- Participate in the calculation of the annual standard labor rates calculation and monthly absorption analysis.
--- Provide value-added analysis and interpretation of cost trends, capex, and departmental spend & Headcount.
--- Analyze data to arrive at relevant trends that can be presented to Senior leadership to improve operating practices.
--- Serve as Finance Lead on client deliveries, costing and R&D projects.
--- Participation in cost estimations and investment analysis of contract offerings primarily to support new business opportunities.
--- Provide financial support as required updates of contract vs. negotiated pricing models during gap analysis.
--- Ad hoc reporting requests to support technology portfolio to analyze data for various cost savings initiatives.
--- Provide financial support on project approval process, variance report and research against budget/forecasts.
--- Works with product management and marketing organizations to understand market dynamics that could impact forecast assumptions of R&D projects.
--- Augment other teams in Lottery Technology with ad hoc or periodic tasks.
--- The above descriptions are a summary of principal responsibilities and is not intended to include all duties which may be assigned.
Qualifications
--- 2-4 years or more of job-related experience.
--- Bachelor's degree in Finance, Accounting or related field.
--- MBA/CPA or other finance related certification a plus.
--- Advanced proficiency in Microsoft Excel, ability to manipulate data extracts using Excel vlookup, pivot, sumif etc.
--- Proficiency in PowerPoint.
--- Motivated self-starter with capacity to manage multiple priorities.
--- Results-oriented with ability to deliver high-quality work product.
--- Highly organized with ability to multi-task and meet multiple deadlines.
--- Work with external consultants and/or auditors to provide required information and ensure proper recordkeeping for historical purposes.
--- SAP/BPC experience a plus.
--- Understanding of and adherence to Accounting policies and SOX controls.
Keys to Success
--- Building collaborative relationships
--- Decision making
--- Drive results
--- Foster innovation
--- Personal energy
--- Self-leadership

IGT is committed to sustaining a workforce that reflects the diversity of the global customers and communities we serve, creating a fair and inclusive culture that enables all our employees to feel valued, respected and engaged. IGT is an equal opportunity employer. We provide equal opportunities without regard to sex, race, color, religion, age, national origin or ancestry, disability, veteran status, sexual orientation, genetic information, gender identity or expression, and any other personal attributes protected by federal, state, or other laws. We thank all applicants for applying; however, only those selected to interview will be contacted.
In addition to our competitive benefits package, we offer employees a 401(k) Savings Plan with Company contributions, tuition reimbursement, and free identity theft insurance.
IGT (NYSE: IGT) is the global leader in gaming. For more information, please visit www.igt.com.

Keywords: IGT, Providence , Financial Analyst, Accounting, Auditing , Providence, Rhode Island

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