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General Information
Req #
WD00083634
Career area:
Accounting/Finance
Country/Region:
United Kingdom
State:
Hampshire
City:
Farnborough
Date:
Tuesday, June 3, 2025
Working time:
Full-time
Additional Locations:
* United Kingdom - Hampshire - Farnborough
Why Work at Lenovo
We are Lenovo. We do what we say. We own what we do. We WOW our customers.
Lenovo is a US$57 billion revenue global technology powerhouse, ranked #248 in the Fortune Global 500, and serving millions of customers every day in 180 markets. Focused on a bold vision to deliver Smarter Technology for All, Lenovo has built on its success as the world's largest PC company with a full-stack portfolio of AI-enabled, AI-ready, and AI-optimized devices (PCs, workstations, smartphones, tablets), infrastructure (server, storage, edge, high performance computing and software defined infrastructure), software, solutions, and services. Lenovo's continued investment in world-changing innovation is building a more equitable, trustworthy, and smarter future for everyone, everywhere. Lenovo is listed on the Hong Kong stock exchange under Lenovo Group Limited (HKSE: 992) (ADR: LNVGY).
This transformation together with Lenovo's world-changing innovation is building a more inclusive, trustworthy, and smarter future for everyone, everywhere. To find out more visit www.lenovo.com, and read about the latest news via our StoryHub .
Description and Requirements
We seek a strategic Senior Finance Manager to lead financial operations for our fast-growing Device-as-a-Service (DaaS) business within DWS (Digital Workplace Solutions). You will partner with Operations, Sales, and Technology teams to drive profitability, optimize pricing, and ensure scalable financial processes for our subscription-based hardware lifecycle solutions. This role is critical to scaling our DaaS offerings globally.
Key Responsibilities
Financial Leadership & Strategy:
* Own P&L management for DaaS portfolios, including revenue recognition, COGS, margin analysis, and unit economics.
* Develop pricing models for DaaS solutions (hardware, software, services bundling) balancing competitiveness and profitability.
* Lead forecasting, budgeting, and long-range planning for DaaS revenue streams and operational expenses.
Operational Partnership:
* Collaborate with Sales, Sales Ops, Service Delivery and Supply Chain teams to model device lifecycle costs (procurement, logistics, refresh, end-of-life recovery).
* Analyze device utilization, refresh cycles, and service incident data to identify cost optimization opportunities.
* Support contract negotiations with clients and OEM partners through financial modeling and risk assessment.
Performance Management:
* Track and report KPIs: CAC, LTV, Churn, Device ROI, Service Margin, Renewal Rates.
* Drive monthly/quarterly business reviews with operational leaders, providing actionable insights.
* Build dashboards to monitor portfolio health (e.g., revenue leakage, cost-to-serve trends).
Process & Compliance:
* Ensure accurate revenue recognition for complex DaaS contracts (multi-element arrangements).
* Strengthen controls for inventory accounting, lease accounting (IFRS 16/ASC 842), and SOX compliance.
* Optimize billing, invoicing, and AR processes for subscription models.
Team Development:
* Mentor 1-2 financial analysts supporting the DaaS portfolio.
Qualifications:
* Bachelor's degree in Finance, Accounting, or related field; CPA/ACCA preferred.
* 8+ years in finance/FP&A, with 3+ years in subscription/SaaS, managed services, or leasing.
* Expertise in revenue recognition standards and P&L management.
* Advanced Excel; proficiency with SAP and BI tools
* Proven ability to partner with non-finance stakeholders (Operations, Sales, IT).
* Experience in hardware lifecycle management, IT asset disposition, or reverse logistics.
* Knowledge of DaaS market dynamics (e.g., HP, Lenovo, Dell solutions).
* Familiarity with lease accounting (ASC 842/IFRS 16).
What we offer:
* Holiday purchase
* Private medical
* Income protection
* Attractive pension scheme
* Positive work life balance
* Learning and development
* Life insurance
* Lenovo and Motorola products discounts
* Lifestyle discounts
* Cycle to work
* MyGymDiscounts
* Mortgage advice and support
* Referral bonus
* Electric car salary sacrifice scheme
* Free onsite parking
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, religion, sexual orientation, gender identity, national origin, status as a veteran, and basis of disability or any federal, state, or local protected class.
Additional Locations:
* United Kingdom - Hampshire - Farnborough
* United Kingdom
* United Kingdom - Hampshire
* United Kingdom - Hampshire - Farnborough
AI PROCESSING NOTICE
We use AI-based tools to support some of our processes (e.g. online interviews recordings and transcripts) in order to achieve better efficiency, accuracy and for our documentation purposes. AI can make mistakes, but we always make sure that the outputs are manually reviewed by a human. You can always opt-out or contact us in case of any question.
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