Tuesday, September 18, 2007

Berkeley Haas Senior Financial Analyst at Yahoo

Location : Sunnyvale, CA
Description : Operations Finance, Senior Financial Analyst

The Internet is a big, busy place, and we at Yahoo! are proud to stand out in the crowd. As the world’s number one Internet brand, servicing over a half billion people, we’re determined to maintain our commitment to delivering news, entertainment, information and fun… each and every day.

In order to maintain our position as one of the world’s most trafficked Internet destinations, we’re always on the lookout for people with big ideas and big talent to help us provide our visitors with the innovative products and services they’ve come to expect from Yahoo!. We’re looking for people like you.

How Big Can You Think?

Yahoo Finance Program:

The Yahoo! Finance Program, or YFP, is an intensive rotational program of up to two years. The YFP provides an ideal opportunity for you to gain a broad understanding of operations and financial leadership at a high profile technology and media industry leader. The program attracts and develops a highly skilled and diverse team that has a meaningful impact on the business and participates in a wide range of learning experiences in environments ranging from mature, multi-billion dollar business lines to small entrepreneurial teams. The primary sponsor of the YFP is the Operations Finance team at Yahoo!, which partners with senior management across the company to influence business decisions by providing effective analysis and proactive decision support. Positions are typically available in our Silicon Valley and Los Angeles area offices.

Training

The YFP is committed to combining these rotational job assignments with classroom and other training to equip you with exceptional technical, financial, and business skills. An initial two weeks of intensive classroom-based training consists of an overview of Yahoo! and is an excellent way to meet your class and learn about our culture, businesses, management, and financial practices. Throughout the program, we provide on-going training for success in different rotations, giving you the opportunity to grow your skills and knowledge . Additionally, informational sessions allow you to learn about corporate strategic challenges from members of Yahoo! senior management. You will also have the guidance of a mentor, who can provide career advice and facilitate networking.

Job description:

If you have three to five years of work experience and/or an advanced degree (e.g., MBA), you may be considered for a Senior Financial Analyst position. Senior Financial Analysts are a critical part of the Yahoo! team and form the foundation for the company’s leadership development efforts for both financial and general management roles. In general, you will:

  • Receive on-the-job learning, complemented by formal training
  • Quickly assume significant responsibilities
  • Interact with a mentor, who will develop a career plan with you and guide you to reaching its objectives
  • Develop lasting relationships with Yahoo! executives
  • Participate in a 360-degree colleague-review of your goals and performance

We hire Senior Financial Analysts into the YFP and then assign them to two or three 8 - 12 month rotations in different business areas. The first rotation typically involves supporting business lines and corporate functions through analysis and reporting of operating and financial data, giving you the opportunity to understand different components of our business and begin building relationships around the company. Responsibilities may include:
  • Gathering, consolidating, and analyzing operating and financial results, recommending both process and business improvements
  • Producing reports of financial and operating results and presenting to senior management
  • Leading the business unit and corporate teams to develop and maintain forward-looking forecasts of critical operating and financial items to support key business decisions
  • Representative assignments include a) creating the reporting structure, financial plans, and operating forecasts for a newly-formed business unit, working closely with senior professionals, b) identifying key drivers of a business for use by a Group’s executive leadership team to review business performance and identify areas for focus
The final one or two rotations will be in a decision support role, where responsibilities typically include:
  • Developing forecasts of complex, multi-faceted businesses
  • Assisting business unit and corporate leadership with perspectives and recommendations on performance, strategy, and operating models
  • Providing business analyses and recommendations in a variety of areas including proposed products, pricing, capital investments, acquisitions, make vs. buy, product ROI, prioritization, cost reduction and expense controls
  • Representative assignments include a) assisting Yahoo! Music in weighing decisions on pricing of its consumer music service, then working to implement those decisions to drive growth in the business, b) assist the Yahoo! Mail leadership team in understanding the monetization impact of a next-generation email solution
While the YFP typically has a two-year term, it is designed to be the first step in a successful Yahoo! management career. At the conclusion of the program, successful candidates may choose a variety of paths. You could pursue a long-term position within finance or elect an additional YFP rotation to broaden your experience. You might also pursue a long-term position elsewhere within Yahoo!, including general management or operations roles.

Minimum Job Qualifications:

We seek candidates who have excellent analytical skills, a focus on results, the ability to articulate complex ideas, and creative problem solving abilities. Candidates must also demonstrate strong interpersonal and communication skills, effective teamwork, attention to detail, and the ability to quickly assess problems and find workable solutions. Candidates must have a passion for technology or media and have demonstrated strong academic performance and professional drive. Candidates must be able to demonstrate clearly the ability to manage multiple projects in an environment that is fast-paced and highly dynamic.

Specific qualifications include three to five years of work experience and/or an advanced degree (e.g., MBA), with a focus on Finance, Technology, or Entrepreneurship and a high level of academic achievement. Prior work experience should be in related fields or roles.

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