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Product Finance Manager

Ritter Communications Jonesboro Full-Time
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Ritter Communications has been at the forefront of the local communications industry for more than a century. We began providing telephone service in Northeast Arkansas in 1906. Since then, Ritter has become a regional telecommunications provider delivering a broad and competitive range of communications products and services to businesses and residents in Northeast and North Central Arkansas and West Tennessee. By providing our Business Services customers with the most innovative and integrated technology and services, we’re dedicated to reducing their costs and maximizing their profits with customized connectivity solutions. Our Residential Services customers enjoy lightning fast Internet speeds, cable TV and HDTV and reliable local and long distance phone service. Our services are delivered and supported by a dependable team of local industry experts.


We are looking for an experienced Product Finance Manager to join our team.


General Summary:


The Product Finance Manager candidate focuses on measuring input costs, sales revenues and margins for all Ritter product and technology services.  This position owns the pricing strategy of Ritter Communications products and services in-conjunction with the Product Management organization.  The Product Finance Manager position enables the modeling and realization of a linear financial plan that unites product revenues with sales quotas, margin performance, time-to-cash measurement and sales’ forecasting that feeds the overall annual budgeting strategy of the company.  The ideal candidate possesses a high-level of financial modeling ability along with experience in forecasting profitability for a given product set.  Additionally, the candidate must possess a broad knowledge of accounting principles relevant to constructing effective financial models.


Essential Job Functions:

  • Lead business requirements gathering sessions across multi-faceted teams in order to adequately understand business process as well as ingoing/outgoing cost and revenue streams.

  • Work closely with sales and accounting teams to ensure that profitability is forecasted and measured accurately.

  • Develop complete cost models for all existing and new technology services and update the models continually on an ongoing basis.

  • Support Product and Project Managers in compiling relevant data for developing reports that allow accurate measurement and forecasting of P&L on product and business lines.

Requirements

Knowledge, Skills, and Abilities:                                                

  • Knowledge of Operational and Billing Systems with ability to lead teams in implementing financial reporting requirements that support the organization.

  • Ability to maintain a standard product pricing sheet for all sales organizations; maintain margin calculation tools used by sales teams to compile customer solution deals.

  • Ability to support Sales Organization in calculating deal profitability and measuring performance.

  • Support Product Managers in developing business cases for new opportunities.

  • Support Product Managers in managing pricing strategy.

Education and Experience: 

  • Bachelor’s Degree in Finance or Accounting and 5 years work experience in a Finance, Accounting or Purchasing Analyst/Manager role preferred.

  • Previous financial modeling for complex systems required; MAcc/MBA preferred.

  • Previous experience leading cross-functional teams on financial projects with proven results is required; commission’s calculation experience preferred.

  • Candidate must be able to convey strong interpersonal skills along with a wide-ranging degree of technical capability and understanding.

Ritter Communications is an equal opportunity and affirmative action employer; all qualified candidates are encouraged to apply. M/F/D/V.

We strive to maintain a drug-free workplace.

We offer competitive compensation and an outstanding benefits package including health, dental, vision, cancer, accident and life insurance, short-term and long-term disability, 401(k) with company match, pension plan, flexible spending accounts, free gym membership, company discounts, tuition reimbursement, paid training, paid leave, and much more!

Skills required

Financial Statements
Financial Analysis
Prepare Budget
Provide Financial Support
Finance
Provide Consultative Advice
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Job ID: 19-0054

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Ritter Communications is a leader among local independent communications providers, offering business, residential and wholesale customers advanced internet, phone and television services. Ritter invests heavily in the communities it serves by deploying a best-in-class network and a world-class customer experience. Ritter’s commitment to providing state-of-the-art technology allows all customers, regardless of their location, to enjoy progressive services. Founded in 1906 and headquartered in Jonesboro, Arkansas, Ritter Communications is a fifth-generation, family-owned company that is committed to growing and evolving to meet the demands of today’s ever-connected world.

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