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Earnin
Palo Alto, CA | Full Time
7 Months Ago
FP&A Analyst
Earnin Palo Alto, CA
Full Time | Business Services 7 Months Ago
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Earnin is Hiring a FP&A Analyst Near Palo Alto, CA

About Earnin:

Earnin is a community-supported financial platform with a suite of tools that let people take control of their financial future. Earnin started out by solving one of the greatest – and least discussed – inequities in the American financial system: the practice of employers paying workers bi-weekly. Earnin's core product, Cash Out, allows people to access the pay they've already earned. There are no loans or hidden costs. People pay what they choose. Other products include: Balance Shield, which helps prevent overdrafts, a financial calendar that helps people budget and schedule payments, and Tip Yourself - a revolutionary free social savings app.

Funding: Series C, current funding partners include Andreessen Horowitz, DST, Matrix Partners, Ribbit Capital, Felicis Ventures and March Capital. 

Join us and help build a new financial system focused on fairness and people’s needs.

You can help make a difference!

Position Summary:

We are looking for a professional to partner with key leadership in developing and operationalizing financial forecasts that support the Company’s continued growth and success. This role is heavily involved with driving strategic and operational initiatives, delivering analytics and insights, and enhancing processes.

This individual will partner closely with the executive team and other leaders to support our growth strategy, design and optimize new products, allocate resources, optimize performance, and bring a financial lens to investment decision making.

The role will report to the Director of FP&A.

This is a remote position.

What You'll Do:

  • Directly partner with executive and functional leadership to create budgets, models, and hiring plans.
  • Lead monthly and quarterly expense variance analysis and commentary as well as regular headcount reconciliation.
  • Coordinate the monthly close cycle and creation of results packages with the Accounting team and other members of FP&A team.
  • Develop and enhance standard and ad hoc financial analyses and metrics to provide operational insight to business leaders.
  • Leverage analytical capabilities to provide actionable data across the income statement (Revenue, COGs, Expense, etc.) supporting decision making and optimizing ROI.
  • Communicate business objectives and performance to key stakeholders.
  • Design, automate, and optimize flexible FP&A processes and systems to help support and scale the organization.

What We're Looking For:

  • Bachelor’s degree in finance, accounting, or other relevant area of study, or equivalent work experience required, MBA a plus.
  • 2-6 years of relevant experience, including within FP&A at a high-growth company or other highly analytical industries like investment banking or management consulting.
  • Detail-oriented and master of your craft, yet able to communicate results in a simple and succinct manner as possible across the organization.
  • Strong analytical skills and experience with complex financial modeling.
  • Firm grasp of relevant accounting concepts and their implications.
  • Experience with planning and analytics tools as well as SQL is a plus.
  • Experience in Fintech, Financial Services, or Banking is a plus.
  • Collaborative mindset and experience acting as a finance business partner.
  • Ability to thrive in a dynamic, often ambiguous environment.
  • Experience building processes and systems to support a high-growth company.
At Earnin, we believe that the best way to build a financial system that works for everyday people is by hiring a team that represents our diverse community. Our team is diverse not only in background and experience, but also in perspective. We celebrate our diversity and strive to create a culture of belonging. Earnin does not unlawfully discriminate on the basis of race, color, religion, sex (including pregnancy, childbirth, breastfeeding or related medical conditions), gender identity, gender expression, national origin, ancestry, citizenship, age, physical or mental disability, legally protected medical condition, family care status, military or veteran status, marital status, registered domestic partner status, sexual orientation, genetic information, or any other basis protected by local, state, or federal laws. Earnin is an E-Verify participant. 
Earnin does not accept unsolicited resumes from individual recruiters or third party recruiting agencies in response to job postings. No fee will be paid to third parties who submit unsolicited candidates directly to our hiring managers or HR team.
#LI-Remote

Job Summary

JOB TYPE

Full Time

INDUSTRY

Business Services

POST DATE

09/22/2022

EXPIRATION DATE

11/04/2022

WEBSITE

earnin.com

HEADQUARTERS

PALO ALTO, CA

SIZE

200 - 500

FOUNDED

2012

TYPE

Private

CEO

RAM PALANIAPPAN

REVENUE

$10M - $50M

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The following is the career advancement route for FP&A Analyst positions, which can be used as a reference in future career path planning. As a FP&A Analyst, it can be promoted into senior positions as a Financial Analyst II that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary FP&A Analyst. You can explore the career advancement for a FP&A Analyst below and select your interested title to get hiring information.

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If you are interested in becoming a FP&A Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a FP&A Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on FP&A Analyst job description and responsibilities

Responsible for the financial planning of a single business unit or product.

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Prepare financial budgets and operating plans for monthly, quarterly and annual periods.

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Review the variance analysis for the business and present the final report to business executives concisely and clearly.

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Perform the tasks of budgeting, forecasting and analytical work to support the business strategy and to monitor the financial health of the organization.

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Perform due diligence for business partnering by way of examining their financial performance and position.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on FP&A Analyst jobs

1-3 years of experience or a rare graduate role.

02/25/2022: Kingsport, TN

Have over 1 year of experience building financial models, analyzing financial results, creating financial reports and working as business partners to proffer financial planning recommendations.

02/18/2022: Florence, AL

Attain Licensing and Certifications.

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Require that aspiring analysts with their eye on an associate role complete an MBA first.

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Require work experience and pass specific exams.

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Step 3: View the best colleges and universities for FP&A Analyst.

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