What are the responsibilities and job description for the Senior Financial Planning & Analysis Analyst position at Fortis?
Description
At Fortis, we lead the way in next generation payment technologies and solutions. We transform payments into a competitive advantage for our clients and partners, enabling businesses to reach uncharted growth and scale. As the solution of choice for the future of payments, Fortis moves payments closer to invisible with a proprietary platform that supports and strengthens the payments capabilities of merchants and software partners. We are a collaborative team of innovators, problem solvers, and builders, committed to the growth of our clients, partners, and team members. Through award winning software integrations, robust data, and industry vertical and commerce expertise, we deliver the ultimate frictionless commerce experiences. We are in hyper growth mode and seeking talented, innovative, and collaborative problem solvers to help us build and scale the future of payments. Grow your career with us and be on the cutting edge of the rapidly expanding FinTech payments space.
The Senior FP&A Analyst will be part of Fortis’ finance organization. They will provide close support to, and interact frequently with, leaders across all areas of the organization as well as Private Equity partners.
ESSENTIAL DUTIES:
Residual Analysis & Financial Management:
- Reconciliation of monthly residual payments and other primary sources of revenue.
- Monitor revenue trends and identify discrepancies in residual payments.
- Perform variance analysis to assess profitability and optimize residual revenue streams.
Merchant Pricing & Profitability Optimization:
- Develop and refine merchant pricing strategies, including Interchange Plus, Tiered, and Flat Rate models.
- Analyze transaction fees, interchange costs, and risk factors to improve pricing models.
- Work with sales teams to structure competitive and profitable merchant pricing agreements.
Financial Reporting & Data Analysis:
- Provide leadership with timely, accurate, and insightful financial analysis to monitor business KPIs and financial results to enable key strategic decision-making.
- Build complex financial models for recurring and ad hoc reporting purposes.
- Provide insights into revenue and cost variances to budget.
PM22
Requirements
- 4 years of experience in financial analysis at a payment processing company.
- Highly analytical, naturally curious, and detail oriented.
- Experience working independently and creatively with large and diverse data environments via tools like SQL, SAS, Access is strongly preferred
- Experience with Amazon Quicksight or other Business Intelligence tools is a strong plus but not required
- Experience with Netsuite (ERP) is preferred
- Experience with Private Equity backed companies is a strong preference
- Excellent communication and written/verbal presentation skills – you need to be able to synthesize complex analysis into easily consumable content for executive management to use to make informed decisions
- Experience with and solid understanding of US GAAP
- Must have the ability to independently develop and maintain strong relationships at all levels of the organization
- Expert level MS Excel proficiency is required, including proven ability to create financial models
