Apple Watch Finance Specialist is responsible for leading a broad cross-functional team in discussion of Watch program budgets, leveraging a strong financial acumen to drive towards the right numbers. This role allows for direct influence in the management of Engineering spend for our new products, reporting updates regularly at an Executive level.
Apple Watch Finance Specialist will be responsible for commanding the dynamic budgets for Watch New Product Introduction. Having a comprehensive understanding of budgets, advanced spreadsheet abilities, understanding of fiscal integrity, as well as an understanding of the hardware being supported is necessary to succeed in the role. This role allows for the candidate to pioneer what a Finance Specialist can influence in the Hardware landscape as a critical conduit to our product cycles.
Description
Expectations of the Finance Specialist are to be in the details of every element of Watch budgets. This spans Product Design, Hardware, Manufacturing Design, and Capex. Finance Specialist must account for any changes to forecasted spend, working with each respective team to understand under or overspend, then summarizing for Executive review. This role will also require supporting the teams needs in re-allocation of funds, and accounting for every change in finite detail.","responsibilities":"Manage day to day budget requests; accounting for changes in forecasted budget and reconciling how teams can navigate available funds
Routinely meet with cross-functional partners within the team to ensure any overages or buffers are be right-sized
Be the primary driver of Monthly Budget Reviews with Senior Directors; gathering information from teams to present clear and concise status of program spend
Identify risks and communicate resolution options to meet the expectations of Finance, Leadership, and Engineering
Facilitate the creation of an entire programs budget Concept Review - presenting to the highest levels of the org
Have a natural ability to be organized and juggle multiple priorities at once
Excellent and compelling verbal and written communication is expected
Preferred Qualifications
Bachelor's degree in Finance, Accounting, Business Administration or related field
Certifications like CPA, CMA, or CGFM (Certified Government Financial Manager) are a plus
Detailed knowledge of product development cycles & strong understanding of manufacturing processes
Strong proficiency in Excel (pivot tables, VLOOKUP/XLOOKUP, financial modeling)
Ability to filter and distill relevant information for the right audience
Excellent communication, presentation, organizational and leadership skills
Highly disciplined in workflow, process, and staying organized on priority tasks
Superior attention to detail with a strong commitment to rigor and excellence.
Data analysis and variance analysis skills
Self motivated and proactive with creative and critical thinking capabilities.
Track record of managing budgets end-to-end: planning, forecasting, monitoring, reporting
Minimum Qualifications
BS engineering degree required
3-6+ years of Financial planning and project management experience
Experience and familiarity with consumer electronic industry
Pay & Benefits
At Apple, base pay is one part of our total compensation package and is determined within a range. This provides the opportunity to progress as you grow and develop within a role. The base pay range for this role is between $120,900 and $249,000, and your base pay will depend on your skills, qualifications, experience, and location.
Apple employees also have the opportunity to become an Apple shareholder through participation in Apple's discretionary employee stock programs. Apple employees are eligible for discretionary restricted stock unit awards, and can purchase Apple stock at a discount if voluntarily participating in Apple's Employee Stock Purchase Plan. You'll also receive benefits including: Comprehensive medical and dental coverage, retirement benefits, a range of discounted products and free services, and for formal education related to advancing your career at Apple, reimbursement for certain educational expenses - including tuition. Additionally, this role might be eligible for discretionary bonuses or commission payments as well as relocation. Learn more about Apple Benefits
Note: Apple benefit, compensation and employee stock programs are subject to eligibility requirements and other terms of the applicable plan or program.