Finance Senior Specialist - Software & Subscription Business

Posted 6 Days Ago
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Houston, TX, USA
In-Office
Senior level
Energy
The Role
Provide FP&A support for software and subscription businesses: build subscription financial models, forecast ARR/MRR, analyze SaaS metrics, support reporting, partner with cross-functional teams, and drive financial discipline and process improvements.
Summary Generated by Built In

Finance Senior Specialist - Software & Subscription Business

 

Partner with the best

Baker Hughes is a global energy technology company serving the oil and gas sector across more than 120 countries. Cordant™ Solutions supports the digital transformation of industrial operations by providing asset performance management, reliability, and optimization technologies. The Finance organization plays a critical role in enabling profitable growth, strong cost discipline, and effective capital deployment across the business.

 

Fuel your passion

Finance Senior Specialist - Software & Subscription Business, you will partner closely with Projects & Services Operational leaders to provide financial guidance, planning support, and analytical insights. You will provide finance support for deploying digital product offerings and services, working directly with Program Managers and Project & Service Managers to ensure financial discipline, accurate forecasting, and strong execution.

This position requires valid work authorization in the country of employment. The employer is unable to sponsor work authorization for this role at any time.

As a Finance Senior Specialist - Software & Subscription Business, you will be responsible for:

  • Assist in the preparation of annual operating plans, quarterly forecasts, and long-range financial plans, with a focus on SaaS revenue growth, ARR expansion, and profitability objectives.

  • Develop and maintain financial models to support subscription revenue forecasting, ARR/MRR analysis, customer growth, pricing strategies, and software product investments.

  • Analyze SaaS business metrics, including Annual Recurring Revenue (ARR), Monthly Recurring Revenue (MRR), Net Revenue Retention (NRR), Gross Revenue Retention (GRR), Customer Acquisition Cost (CAC), Customer Lifetime Value (LTV), churn, and unit economics.

  • Partner with Sales, Customer Success, Product, Marketing, and Operations teams to gather inputs, evaluate business performance, and support data-driven decision-making.

  • Support monthly and quarterly financial reporting processes, including variance analysis of revenue, bookings, pipeline conversion, operating expenses, headcount, and SaaS performance metrics.

  • Prepare executive dashboards and management reporting packages that provide insights into subscription revenue trends, customer retention, SaaS profitability, and key operating drivers.

  • Conduct ad hoc financial analyses related to pricing optimization, customer segmentation, sales productivity, market expansion opportunities, and product profitability.

  • Support evaluation of strategic initiatives, including software investments, product launches, acquisitions, partnerships, and market-entry opportunities through detailed business case development and ROI analysis.

  • Collaborate with Revenue Operations and Accounting teams to ensure accurate revenue forecasting, bookings tracking, deferred revenue analysis, and alignment with revenue recognition requirements.

  • Monitor and analyze key performance indicators (KPIs) to identify opportunities for improving growth, retention, margin expansion, and operational efficiency.

  • Drive continuous improvement of financial planning processes, forecasting methodologies, reporting automation, and data governance to enhance scalability and decision support.

 

Fuel your passion

To be successful in this role you will:

  • Have a Bachelor’s degree from an accredited university or college.

  • Have a minimum of 5 years experience in Digital/Software business environment.

  • Have been driving analysis of SaaS (Software-as-a-Service) financial performance

  • Providing financial business cases for new digital features, product enhancements, and cloud migration initiatives by modelling ROI, marginal cost impact, and scalability implications, working closely with Solutions & Product Management finance

  • Supporting end‑to‑end subscription processes, working closely with CSM (Customer Success Management) organisation, by ensuring alignment between CRM, billing systems, and ERP for accurate ARR tracking, renewals, and revenue recognition

 

Preferred Qualification:

  • Provide financial oversight of software-related costs, including third party licenses and cloud infrastructure costs. Partner with the Product, Technology, Sourcing and Cloud Operations teams to forecast, track and optimize software and cloud infrastructure spend.

 

Work in a way that works for you

We recognize that everyone is different and that the way in which people want to work and deliver at their best is different for everyone.

  • This role is in general hours (8AM - 5PM) Hybrid model.

 

Working for you

Our inventions have revolutionized energy for over a century. But to keep going forward tomorrow, we know we have to push the boundaries today. We prioritize rewarding those who embrace change with a package that reflects how much we value their input. Join us, and you can expect:

  • Contemporary work-life balance policies and wellbeing activities

  • Comprehensive private medical care options

  • Safety net of life insurance and disability programs

  • Tailored financial programs

  • Additional elected or voluntary benefits

 

You will be eligible to participate in Company-sponsored benefit programs, including health & welfare programs and the Thrift Plan (401k). You will have a choice of coverage options that best suit your needs. Coverage options and contribution amounts are related to your benefit elections, base salary level, and specific requirements of each of these plans.

This position is eligible for our comprehensive and competitive benefits package, which can be found here, and is further eligible for additional forms of compensation such as bonuses subject to the terms of the applicable benefit plans or policies.



The Baker Hughes internal title for this role is: Finance Senior Specialist - FP&A Operations

Skills Required

  • Bachelor's degree from an accredited university or college.
  • Minimum of 5 years experience in a Digital/Software business environment.
  • Experience driving analysis of SaaS financial performance (ARR, MRR, NRR, churn, unit economics).
  • Experience developing and maintaining financial models for subscription revenue forecasting, ARR/MRR analysis, pricing, and product investment ROI.
  • Experience supporting end-to-end subscription processes and ensuring alignment between CRM, billing systems, and ERP for accurate ARR tracking, renewals, and revenue recognition.
  • Experience preparing annual operating plans, quarterly forecasts, long-range financial plans, and variance analysis focused on SaaS metrics.
  • Experience partnering with Sales, Customer Success, Product, Marketing, and Operations to gather inputs and support data-driven decisions.
  • Provide financial oversight of software-related costs, including third-party licenses and cloud infrastructure; partner with Product, Technology, Sourcing and Cloud Operations teams.

Baker Hughes Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Baker Hughes and has not been reviewed or approved by Baker Hughes.

  • Retirement Support Feedback suggests retirement contributions combine automatic employer funding with a dollar‑for‑dollar match, with immediate vesting on the match. This structure can meaningfully increase savings for employees who participate consistently.
  • Equity Value & Accessibility Feedback suggests a discounted employee stock purchase program with regular purchase periods and no brokerage fees provides accessible ownership upside. Program parameters are clearly laid out through the benefits hub and plan materials.
  • Leave & Time Off Breadth Feedback suggests exempt staff have flexible, manager‑approved time off while non‑exempt employees accrue vacation and receive paid personal time. Company‑paid holidays and paid parental leave further broaden time‑away options.

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The Company
HQ: Houston, TX
60,620 Employees

What We Do

Get new oilfield tools and chemicals delivered directly to your door from Baker Hughes. Frac plugs, packers, setting tools, drill bits and much more.

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