Full Job Description
Are you looking for an opportunity to provide strategic insights to the newly formed, hyper-growth Peripherals organization?
Do you thrive in a high-pressure, fast-paced, start-up environment?
Are you interested in joining a high growth, high performing team all within one of the most respected tech companies in the world?
The Peripherals Strategy & Corporate Development Associate will be responsible for helping to set and operationalize the Peripherals strategy with a primary focus on M&A, strategic partnerships and venture investments. The Associate will be responsible for supporting the build out of the overall inorganic strategy, building and maintaining a pipeline of investment opportunities, developing theses for investment (including finance grade models), supporting engagement with targets and driving internal/external alignment across the deal lifecycle (including partnering with Business Group / Unit leadership, Corporate Development, M&A Integration, Corporate Strategy, Finance, Legal, etc.).
In addition to inorganic activities, the Associate will also help with core strategy responsibilities including Peripherals capital allocation (human and financial capital) recommendations for the organization as well as work with business areas on their strategies and strategic initiatives.
As the Peripherals Strategy & Corporate Development Associate, you can look forward to:
Inorganic Strategy & Execution: Support development of inorganic strategy (across M&A, venture investments and strategic partnerships), build out and prioritization of inorganic opportunity funnel, engagement with target companies and deal support (including deal thesis, strategy, business case, etc.)
Organic Strategy: Develop strategy recommendations for growth including areas to prioritize / deprioritize, and considerations for differentiation and required assets and capabilities
Capital Allocation: develop capital allocation framework and recommendations to optimize business and financial performance (across organic and inorganic growth opportunities areas)
Business / Financial Modeling: Develop unit economics models (at granularity) for new business / monetization opportunities (including MAU, CAC, ARPU, etc.) as well as finance grade DCF models to support strategy recommendations
Insights: Research businesses, industries, and competitors for multiple workstreams using a comprehensive and self-directed analytical approach
Education and Experience Required
2-5 years of M&A strategy experience developed in a private equity, investment banking, management consulting or corporate environment
Experience developing financial models (e.g., DCF) and performing enterprise valuation
Bachelor’s degree required, MBA highly desired
ATTRIBUTES THAT DESCRIBE YOU:
Agile + Flexible. Can adapt and pivot effortlessly to new market & competitive information to get the job done.
Drive Collaboration + Create Momentum. Create a culture of collaboration and promote deep partnership across Business Units, Category and Market teams, and external partners to build organizational momentum to accelerate commercial success of the Peripherals organization.
Think Strategically + Execute Tactically. Ability to think and engage strategically (including with senior business leaders) and enjoy rolling up your sleeves and working tactically with individuals across the organization to drive results.
KNOWLEDGE AND SKILLS:
Problem Solving: Approaches problems in a rational and analytical manner using sound strategies that ensures comprehensive understanding and effective resolution; leverages data-driven-insight approach
Business and Financial Acumen: Experience developing finance grade models; exhibits business and financial acumen to develop meaningful business recommendations; Ability to “connect the dots” between business strategy/initiatives, operational plans and financial performance
Growth strategy and operations: experience developing organic growth strategies for businesses and/or strategies for operational improvement
Leadership and project management: Able to contribute effectively in a complex environment, and deliver results; able to influence without direct authority; able to balance between competing priorities and be flexible and creative
Team / Relationship building: Able to work well in a highly matrix organization including building strong working relationships and trust with cross-functional team members
Executive Communication: Able to communicate effectively across multiple levels in HP (analyst to executives)
You’re out to reimagine and reinvent what’s possible—in your career as well as the world around you.
So are we. We love taking on tough challenges, disrupting the status quo, and creating what’s next. We’re in search of talented people who are inspired by big challenges, driven to learn and grow, and dedicated to making a meaningful difference.
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From the boardroom to factory floor, we create a culture where everyone is respected and where people can be themselves, while being a part of something bigger than themselves. We celebrate the notion that you can belong at HP and bring your authentic self to work each and every day. When you do that, you’re more innovative and that helps grow our bottom line. Come to HP and thrive!