Financial Analyst
Headquartered in Phoenix, AZ, Fullbay is the number one cloud-based shop management software for commercial repair shops and is growing fast. This is an exciting opportunity to join a high-performing team and help shape the next phase of growth for the company. In addition to budgeting, forecasting and business modeling, this role will be responsible for supporting and implementing best-in-class FP&A processes to support the business as it scales. This position requires a strong analytical mindset, excellent communication skills, and a proactive approach to problem-solving.
The Financial Analyst will report to the FP&A Manager and will work closely with senior leaders across the business. The ideal candidate has FP&A experience within a PE-backed SaaS company and is looking to take the next step in their career by supporting all aspects of the FP&A function in a high growth environment. Excellent analytical and modeling skills as well as familiarity with operational SaaS KPI’s are required.
Primary Duties & Responsibilities:
- Conduct financial analysis and forecasting to support business decision-making and help set short-term and long-term financial goals of the company.
- Conduct weekly/monthly follow-ups to determine the effectiveness of financial plans and fine-tune the strategy needed to reach financial targets.
- Work collaboratively with cross-functional teams, including Operations and Marketing to develop monthly strategies, quarterly and annual plans
- Develop and maintain financial models to evaluate business performance and investment opportunities.
- Support the quarterly/annual budgeting, revenue forecasting, and financial review process.
- Work on optimizing and analyzing income statements, balance sheets, budgets and forecasts.
- Prepare and deliver monthly financial reporting packages, activity reports, and financial forecasts, including Budget vs Actuals across all cost centers.
- Consult with and give advice to cross-functional teams to assess financial risks, opportunities, and strategies.
- Provide recommendations based on detailed and actionable financial analysis that drive financial strategies and policies.
- Support budgeting and financial planning processes that drive business objectives.
- Investigate and help resolve deviations from budgets and discrepancies in financial data.
- Adheres to all confidentiality and compliance regulations.
- Define procedures or implement processes around financial reporting or forecasting
- Performs other duties as assigned.
Minimum Education & Work Experience:
- Bachelor’s Degree in Finance, Accounting, Business, or related area of study, or equivalent work experience.
- At least 3 years’ work experience in finance and accounting, preferably in a SaaS capacity.
Key Skills and Qualifications:
- Ability to analyze revenue streams, gross margin rates and profitability by product in an effort to devise forward-looking strategies and areas of opportunity.
- Excellent communication skills and ability to translate financial data into actionable insights.
- Understanding of month-end closing cycles.
- Ability to develop complex financial models, budgets, and financial reporting packages.
- Ability to make financial recommendations to grow revenue and enhance profitability.
- Intermediate knowledge of Excel functions and formulas to increase efficiency and the ability to analyze data within the business.
- knowledge of financial modeling, budgeting software, and financial reporting tools (e.g., Excel, Tableau, Cube, Datarails, Adaptive Planning).
Physical Demands and Work Environment:The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Regularly required to sit at a desk in front of a computer and use hands to finger, handle, or feel objects, tools, or controls (including a computer keyboard and operating a telephone), lift and/or move up to 10 pounds.
- Frequently requires the use of hands and arms for reaching, as well as the ability to walk and communicate effectively through speaking and listening.
- Specific vision abilities required by this position include close vision, color vision, and the ability to adjust focus.
- Noise level in the work environment is usually moderate.
- Type on a computer keyboard and look at a computer monitor, and operate a cell phone or a computer-based phone.
