Senior Financial Analyst

Posted 2 Days Ago
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Fremont, CA, USA
In-Office
Senior level
Energy • Renewable Energy
The Role
Supports FP&A for the Service business through budgeting, forecasting, financial modeling, performance reporting, profitability analysis, pricing decisions, cost management, cash flow planning, and investment business cases. Partners with Service leadership, Operations, and Accounting to explain results, improve margins, strengthen reporting processes, and guide resource allocation and growth decisions.
Summary Generated by Built In

Job Description:

NextPower is seeking a Senior Financial Analyst based in Fremont, CA, to join the FP&A team and support the Service business unit. This role will partner with Service leadership, Operations and Accounting to manage financial planning, forecasting and performance reporting. The analyst will provide insight into service revenue, profitability and operating costs, and support decisions on pricing, resource allocation and business growth.


Key Responsibilities:

·       Support annual budgeting, long-range planning and monthly forecasts for the Service business unit, aligning financial assumptions with demand and operating plans.

·       Maintain the financial model and forecast revenue, gross margin, operating expenses and headcount. Explain changes against the annual plan, prior forecasts and actual results.

·       Partner with Accounting and Service Operations on monthly close, accruals and expense reviews to support accurate financial results and timely forecast updates.

·       Prepare monthly business reviews and management reports that explain performance, key operational metrics, risks and opportunities, with clear recommendations for Service leadership.

·       Analyze service contract and project profitability, including labor, spare parts, subcontractor costs and warranty-related expenses. Identify opportunities to improve margins and cost efficiency.

·       Support pricing decisions, Hardware and ARR contract proposals and contract renewals through financial modeling and scenario analysis, working with commercial and operational teams.

·       Track staffing and operating costs, and evaluate resource requirements as service volume changes. Partner with business leaders on cost management and productivity improvements.

·       Support cash flow and working capital planning, including billing, collections and inventory requirements and Capex and free cash flow forecast

·       Improve reporting tools, system integration, planning processes and financial controls. Support business cases for BU investments, including capital expenditure and relevant software projects.


Qualifications:

·       A minimum of eight years of experience in finance and accounting, including financial planning, forecasting and business performance analysis.

·       Bachelor's degree or higher in Finance, Accounting or a related field. MBA / CPA / CPF a plus.

·       Prior experience as a Senior Financial Analyst or in a comparable role supporting a business unit or operational function.

·       Advanced Excel skills and strong financial modeling capabilities. Experience with SQL or other tools for extracting and analyzing financial data.

·       Strong understanding of accounting principles, financial reporting and the relationship between operating performance and cash flow.

·       Experience with NetSuite or other ERP systems and planning tools such as Hyperion or Anaplan.

·       Strong communication and interpersonal skills, with the ability to explain financial results and recommendations to functional leaders.

·       Ability to work effectively across functions, manage competing priorities and deliver accurate analysis within established deadlines.


Preferred Experience:

·       Experience supporting a service, aftermarket or customer support business, including contract or project profitability analysis.

·       Understanding of capital expenditure and software capitalization, particularly when evaluating operational investments.

At Nextpower, we are driving the global energy transition with an integrated clean energy technology platform that combines intelligent structural, electrical, and digital solutions for utility-scale power plants. Our comprehensive portfolio enables faster project delivery, higher performance, and greater reliability, helping our customers capture the full value of solar power. Our talented worldwide teams are redefining how solar power plants are designed, built, and operated every day with smart technology, data-driven insights, and advanced automation. Together, we’re building the foundation for the world’s next generation of clean energy infrastructure.

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

We are Nextpower

Skills Required

  • Minimum eight years of experience in finance and accounting, including financial planning, forecasting, and business performance analysis
  • Bachelor’s degree or higher in Finance, Accounting, or a related field
  • Prior experience as a Senior Financial Analyst or in a comparable business-unit or operational finance role
  • Advanced Excel skills and strong financial modeling capabilities
  • Experience with SQL or other tools for extracting and analyzing financial data
  • Strong understanding of accounting principles, financial reporting, and the relationship between operating performance and cash flow
  • Experience with NetSuite or other ERP systems and planning tools such as Hyperion or Anaplan
  • Strong communication and interpersonal skills
  • Ability to work cross-functionally, manage competing priorities, and deliver accurate analysis on schedule
  • MBA, CPA, or CPF
  • Experience supporting a service, aftermarket, or customer support business, including contract or project profitability analysis
  • Understanding of capital expenditure and software capitalization when evaluating operational investments

Nextracker Compensation & Benefits Highlights

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

  • Retirement Support — A 401(k) with company match is offered. The company stood up its own plan in 2023 alongside additional welfare benefits in early 2024.
  • Wellbeing & Lifestyle Benefits — Wellness offerings include yoga and meditation classes, onsite chair massages and bicycles, commuter/rideshare support, and EV charging at some locations. These extras supplement the core medical, dental, and vision coverage.
  • Parental & Family Support — Paid parental and family medical leave are included alongside PTO and paid holidays. This complements the broader U.S. benefits menu.

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The Company
HQ: Fremont, CA
1,107 Employees

What We Do

Since day one, Nextracker’s mission has been to transition the world to affordable, renewable power, by developing the highest-performing and resilient solar tracking technologies and software in the market for our customers. From sustainable tracker solutions that conform to uneven terrain and withstand extreme weather, Nextracker systems have resilience built in. Nextracker leads the solar industry with solar tracker technologies that optimize and increase energy production while reducing costs for significant plant ROI

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