An exciting consumer products company in the South Bay is looking for a Financial Analyst. The company is involved in selling dozens of cosmetic brands direct to consumers. This role will have dual responsibilities: treasury functions (banking, cash forecasting, payment processing, and credit card activities) and financial analysis (reporting, forecasting, and various ad hoc analysis). There is a lot of exposure to senior executives throughout the organization and this is a great opportunity for someone to get their footing in a large organization and launch their career.
Update Cash Position file daily with latest actuals to provide up to date balances.
Manage weekly payment run to ensure proper funding is in place for all entities.
Constantly track actuals vs. forecast to ensure most accurate go forward picture is in place.
Maintain good communication with AP, AR and other groups to ensure accurate assumptions are being leveraged.
Get comfort level with business to properly classify various cash expenses in order to perform proper variance analysis.
Work with internal teams to do long term cash forecasting by business unit to project cash flow.
Analyze and report bank and credit card processors statements. Identify anomalies, issues, or opportunities
Provide deep analytics on credit card chargeback and disseminate reports to the business
Prepare monthly reporting of P&L, cash flow, and balance sheet (e.g. actual vs. Budget/forecast, and prior year), including the reporting of direct and indirect expenses and variance analysis.
Analyze financial and business performance against key business metrics and document relevant financial highlights that will enable management to determine progress against budgets and strategic/business plans. This includes analyzing and researching significant variances of actual revenue and expenditures versus budget/prior year and presenting explanations for these variances.
Work with accounting to correct recording/booking errors and problems to ensure proper recording of revenues and expenses. Accordingly, must understand the accounting cycle and the flow of financial information within the General Ledger.
Perform complex analytics, report, draw conclusions and develop recommendations for process improvement
BA/BS in Finance/Accounting/Economic/Statistics
2-4 years analytical experience, with a progressive Finance and Accounting record with some budgeting and reporting experience
Mastery of MS Excel is a must as is strong modeling skills
Proficient with MS Powerpoint and MS Word.
Experience in the Consumer product industry preferred
Experience in a subscription business preferred
Experience with Oracle is a plus
Ability to learn technical material and apply the knowledge to their work.
Must have close attention to detail in reviewing work for accuracy and thoroughness
Desire to improve processes, takes initiative and committed to developing creative solutions that generate value
Growth mindset, demonstrated ability to learn quickly
Able to prioritize and quickly switch from task to task and manage several projects at a time
Sound judgment and critical thinking
Must have excellent communication skills and be able to communicate to varied audiences, both verbally and in writing
Must be able to work well independently but also be a team player
Likes to work in a fast paced and rapidly changing environment