Financial Analyst (eCommerce)

Financial Analyst | eCommerce
Full-time — 40 hours a week.
Remote.

Company Overview:
Finstep is an emerging financial consulting agency specialized in supporting eCommerce brands in optimizing their financial performance. We empower businesses to make data-driven decisions by offering comprehensive financial planning, analysis, forecasting, model building, & fCFO services. Our team is dedicated to helping eCommerce brands thrive in today's competitive market landscape.

Position Overview:
We are seeking a highly skilled and motivated Financial Analyst to join our team. The ideal candidate will have a strong background in financial analysis, with a focus on supporting eCommerce brands. As a Financial Analyst, you will play a crucial role in providing insights and recommendations to drive strategic decision-making for our clients.

Responsibilities:

Financial Planning & Analysis (FP&A):
- Collaborate with eCommerce brands to develop comprehensive financial plans and budgets.
- Conduct variance analysis to identify key drivers of financial performance and recommend actionable insights.
- Provide ongoing financial forecasting and modeling to support business decision-making.

Forecasting:
- Utilize historical data and industry trends to develop accurate financial forecasts for eCommerce brands.
- Monitor and assess the financial implications of market dynamics, competitive landscape, and other external factors.
- Work closely with cross-functional teams to refine forecasts and adjust strategies as needed.

Model Builds:
- Design and develop financial models to evaluate business initiatives, investments, and strategic opportunities.
- Perform scenario analysis to assess the impact of various business decisions on financial outcomes.
- Ensure the integrity and accuracy of financial models through rigorous testing and validation.

Performance Tracking & Model Maintenance:
- Monthly Reconciliation: Perform monthly reconciliation of the P&L and bank statements with the annual model, including conducting variance analysis to compare budget versus actuals.
- Weekly Cash Flow Management: Collaborate with the AP/AR point person to reconcile upcoming payments for the next 1-4 weeks and accurately enter them into the financial system.
- Inventory Reconciliation: Update the actual inventory for our clients on a weekly/monthly basis in our inventory forecast sheet, ensuring accuracy and timeliness.
- Inventory Re-forecasting: Adjust inventory purchase schedules and COGS outlay following bi-weekly revenue re-forecasts, done in collaboration with the head of finance and clients.
- Financial Model Updates: Update existing financial models with added costs in predefined categories, ensuring continuous accuracy and relevance of financial data.

Preferred Qualifications:

- Bachelor's degree in Finance, Accounting, Economics, or a related field. MBA or CFA is a plus.
- Proven experience in financial analysis, preferably within the eCommerce industry.
- Strong proficiency in financial modeling, forecasting, and variance analysis.
- Advanced skills in Microsoft Excel/Sheets, with the ability to manipulate large datasets and build complex models.
- Excellent analytical and problem-solving abilities, with a keen attention to detail.
- Effective written & English speaking communication skills
- Ability to thrive in a fast-paced environment and manage multiple priorities effectively.

Why Join Us:

- Opportunity to work with eCommerce brands $1-30M+ in revenue and make a meaningful impact on their financial success
- Professional growth (compensation, titles, responsibilities) abundant for you to start and grow with us from the early stages
- Passionate team dedicated to helping brand founders survive and thrive by getting their financial foundation in order

Application Process:
If you are a results-oriented Financial Analyst with a passion for eCommerce and a track record of delivering value to clients, we encourage you to apply. Applicants who do not follow the following steps will not be eligible. To apply, please follow the instructions below.


Email Upgrade to see actual info with an:
1. Attach/link your resume or Linkedin profile
2. Link to your Upgrade to see actual info profile
3. Add your answers to the following questions:

1. What are your priorities when it comes to looking for a role? Is it the responsibilities, growth opportunities, compensation, title, etc? How can we help you, help us?

2. What are your preferred working hours?

3. When would you be able to start if offered the position after an interview?