Business Finance Analyst

Job Description

Ceragon (NASDAQ: CRNT) is the global innovator and leading solutions provider of end-to-end wireless connectivity, specializing in transport, access, and AI-powered managed & professional services. Through our commitment to excellence, we empower customers to elevate operational efficiency and enrich the quality of experience for their end users.

Our customers include service providers, utilities, public safety organizations, government agencies, energy companies, and more, who rely on our wireless expertise and cutting-edge solutions for 5G & 4G broadband wireless connectivity, mission-critical services, and an array of applications that harness our ultra-high reliability and speed. Ceragon solutions are deployed by more than 600 service providers, as well as more than 1,600 private network owners, in more than 130 countries.

Through our innovative, end-to-end solutions, covering hardware, software, and managed & professional services, we enable our customers to embrace the future of wireless technology with confidence, shaping the next generation of connectivity and service delivery. Ceragon delivers extremely reliable, fast to deploy, high-capacity wireless solutions for a wide range of communication network use cases, optimized to lower TCO through minimal use of spectrum, power, real estate, and labor resources - driving simple, quick, and cost-effective network modernization and positioning Ceragon as a leading solutions provider for the “connectivity everywhere” era.

Location: Asunción, Paraguay

Reports to: Business Finance Director, Americas

Region: Americas

About Ceragon Networks

Ceragon Networks is a global leader in wireless connectivity solutions, delivering innovative technology to meet the evolving needs of businesses and communities. We are seeking a highly skilled and motivated Budget Control Manager to join our dynamic finance team in the Americas region, based in Asunción, Paraguay.

Job Overview

The Budget Control Manager will play a critical role in overseeing the financial health of Ceragon Networks’ operations across the Americas region. This position is responsible for managing the regional budget, ensuring accurate cost allocation, supporting cross-functional teams, and providing detailed financial analysis to drive strategic decision-making. The role requires close collaboration with the Accounting team, senior leadership, and other departments to maintain fiscal discipline and support business objectives.

Key Responsibilities

• Budget Control and Management: Oversee and maintain the regional budget for the Americas, ensuring alignment with company goals and financial strategies.
• ERP System Management: Load and manage budgets in the Oracle ERP system in accordance with demand forecasts and business requirements.
• Cost Allocation Support: Collaborate with all departments to define and implement accurate accounting combinations for proper allocation of expenses and costs.
• Restructuring Plan Oversight: Monitor and control the execution of regional restructuring plans, ensuring compliance with financial targets and timelines.
• Financial Analysis and Reporting:
• Conduct bridge analysis of Profit and Loss (P&L) statements for Forecast Reviews and CEO Reviews, providing detailed explanations of variances.
• Prepare and present actionable insights to support strategic decision-making.
• Collaboration with Accounting: Work closely with the Accounting team to review and validate adjustments or reallocations as needed to ensure accuracy in financial reporting.
• Cross-Functional Support: Partner with various departments to provide financial guidance and ensure alignment between operational activities and budgetary goals.
• Process Improvement: Identify opportunities to enhance budgeting processes, improve financial controls, and streamline reporting mechanisms.

Job Requirements

CVs only in English

Qualifications

• Education: Bachelor’s degree in Finance, Accounting, Business Administration, or a related field. A Master’s degree or professional certification (e.g., CPA, CMA) is a plus.
• Experience:
• Minimum of 5-7 years of experience in budgeting, financial planning, or controlling roles, preferably in a multinational or regional capacity.
• Proven experience with Oracle ERP or similar financial systems.
• Background in financial analysis, cost allocation, and P&L management.
• Skills:
• Strong analytical and problem-solving skills with a keen attention to detail.
• Advanced proficiency in Microsoft Excel and financial modeling.
• Excellent communication and interpersonal skills to collaborate with cross-functional teams and senior leadership.
• Ability to work under pressure, manage multiple priorities, and meet tight deadlines.
• Knowledge of US GAAP and/or IFRS standards is preferred.
• Language: Fluency in English is required; proficiency in Spanish and/or Portuguese is highly desirable.
• Location: Must be based in or willing to relocate to Asunción, Paraguay.