About DerbySoft
Connecting different businesses together is what DerbySoft’s all about. We make the travel business easier by developing intelligent technology services delivering superior performance for our customers around the globe. We’re passionate about empowering companies to achieve their goals and transforming how companies interact with their customers.
DerbySoft has been recognized as a distinguished partner to the industry since 2002 offering strengths through exceptional technology and customer service with local operations globally.
We’re on a mission to hire the very best and are committed to creating exceptional employee experiences where everyone is respected and has access to equal opportunity. We realize that new ideas can come from everywhere in the organization, and we know the next big idea could be yours.
Job Summary
DerbySoft is seeking a Financial Analyst with strong financial acumen and attention to detail to join our Financial Planning & Analysis (FP&A) team.
The Financial Analyst will act as the financial consultant and business partner to support key business units and departments, working closely with various internal leaders and stakeholders. As the right-hand financial partner, you will be the subject matter expert on your business partner’s operations & financials, actively engage in (and at times lead) business discussions, meet with business partners on a regular basis, present financial results/findings to management, create various financial models to support or inform different business decisions, take over existing models and improve upon them, establish budgets and forecasts on behalf of business partners, and support any ad hoc requests that arise. Additionally, you will work with closely with our sister finance teams in accounting, taxes, AR/AP, etc.
As a growing team, we welcome new ideas and don’t mind being challenged. We are not looking for the status-quo. The nature of our work is fast-paced and at times ambiguous with changing priorities. Mutual respect, customer obsession, acting with urgency, effective communication, and having fun together are cornerstones of the team. We also work with an exciting variety of stakeholders across different time zones due to the global nature of our organization. Our organization embodies diversity of culture and offers remote working options. As a Financial Analyst, you will play a critical role with the manager to create a high-performing and game-changing FP&A team.
Key Responsibilities and Duties
The FP&A discipline is focused on “holistic” and “consistent” analysis – essentially ensuring that all the building blocks of our financials are organized/defined in a way that allows us to appropriately put the pieces together to form the big picture and effectively story-tell. This concept permeates all of our day-to-day work. With that in mind, the following are the major bodies or work that you will be responsible for.
Monthly recurring financial analysis:
- Create, analyze, and present monthly financial results that include business partner level Income statements comparing actuals versus budget, forecast, and prior year for assigned business units and departments. Results will be presented to business partners, manager, and potentially leadership (monthly business reviews).
- Focus on defining and measuring revenue and operational efficiency performance indicators to help business partners better manage their operations and shed light onto areas of focus.
- Clearly articulate findings to both business partners and finance management.
- Pull data from the financial system, aggregating, summarizing, and figuring out best way to articulate financial performance based on the stakeholders you support. This also requires reviewing raw data for errors or inconsistencies and making the necessary corrections/adjustments to ensure reporting integrity.
- Visualize financial results in way that is useful to business partners.
- Research variances between actuals and budget/forecast, then summarize the findings to finance leadership and business partners.
- Streamline reporting and ensure accuracy of reporting.
Quarterly recurring financial analysis:
- Establish and update quarterly forecasts for assigned business partners including but not limited to working with business partners to understand operational trends and expectations through end of year and correspondingly create updated financial figures.
- Prepare forecast data to manager to be consolidated at company level.
- Focus on forecast accuracy with minimal variance to actuals.
- Assess potential risk & opportunities and factor that into forecast financials.
- Work with manager to update applicable slides on quarterly board of directors’ presentation and provide commentary.
Annual recurring financial analysis:
- Establish annual budget for assigned business partners that include generating templates to collect data from business partners, ensure financials are “apples to apples” comparison across categories and years (or make the necessary adjustments to ensure consistency).
- Effectively communicate with FP&A colleagues regarding movement of financials across different teams to ensure changes are captured holistically and effectively.
- Roll up data to build financial view
- Prepare budget data for budget reviews with company leadership
- Support manager on the board of directors’ presentation summarizing budget results
All other financial analysis:
- Support manager in profitability analysis for products and customers as it pertains to data mining, analysis, financial model creation, and reviewing with business development
- Run and present competitor benchmarking and analysis
- Identify and propose process improvement opportunities and discuss with team. Support process implementation and improvement.
- Ad hoc finance support to the business teams
Experience & Education
- Bachelor’s degree in related fields, with preference in the field of accounting or finance
- 3-5 years of related experience. Emphasis on FP&A experience vs. years of experience.
- Experience with travel technology industry or start-up organization a plus but not required
- Ability to understand how financial models are built, how to update models that are new to you, how to reverse engineer models, and how to build effective models from scratch
- Ability to work effectively in excel and/or other FP&A tools used such as PowerBI
- Note on excel use: not so much about number of formulas or complexity of commands but rather the ability to design reports/models that are effective, scalable, and trainable to others. Prefer simple and elegant designs.
- Experience with large datasets that includes handling, cleansing, mapping, and analyzing of said data
- Experience with disparate datasets that requires reconciliation before combining
- Experience working with stakeholders across different disciplines and time zones preferred
- Ability to speak Chinese (Mandarin) highly preferred
Performance Standards
- High level of intellectual curiosity that drives sense of ownership and desire for continuous improvement and learning
- Pragmatic and values follow-through.
- Customer obsessed, you are always thinking about what your business partners and colleagues need
- Strong communication skills, ensure the receiving party understands the meaning of your message, adapt your communication style and words when working with people from different cultures that speak different languages
- Performs work with sense of urgency, focusing on progress/movement and communicates in a timely manner
- Comfortable working in an ambiguous environment
- Analytical minded
- Strong attention to detail, you will need to produce analyses and reports with little to no errors, effectively keep track of changes, always have an eye out for apples-to-apples comparison in your data, and have a method to check for reporting accuracy.
- Ability to flex schedule and work outside of regular business hours to support a global business since your primary business partners will be in China while your FP&A colleagues are in the United States.
- Ability to travel both nationally and internationally on occasion, including overnight stays
Benefits
- Flexible Schedule
- Generous Paid Time Off
- Competitive Pay
- Annual Bonus
- Referral Bonus
- Health, Dental & Vision Benefits
- Company provided Life Insurance Program
- Company provided Long – Term Disability Benefits
- Voluntary Life
- Long-Term Incentive Plan
- Employee Assistance Program
- Company Matching Retirement Program
DerbySoft, Inc. provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
We also participate in E-Verify for anyone hired in the United States of America.
