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Junior Financial Analyst

Getaround

Getaround

IT, Accounting & Finance
Los Angeles, CA, USA
Posted on Wednesday, June 12, 2024
Junior Financial Analyst
Remote; Greater Los Angeles area, preferred
Full-Time/Regular, Exempt
Who We Are:
Getaround is the world’s first connected carsharing marketplace. Launched in 2011, Getaround is available today in more than 1,000 cities across the United States and Europe.
We connect safe, convenient, and affordable cars with people who need them to live and work via our peer-to-peer marketplace. Our proprietary connected car technology allows guests to book and unlock a wide variety of vehicles directly from our app without ever having to meet anyone in person, carry an access card, wait in line, or coordinate picking up keys, unlike traditional rental car services.
Getaround is focused on providing economic opportunities to local communities. Our community includes guests who rely on our cars for on-demand mobility and entrepreneurial hosts (car owners) who share cars on our platform including those who operate their own carsharing businesses.
Did you know cars are parked 22 hours a day on average? When we share cars, we don’t need as many on the road, which means fewer accidents, reduced traffic, and less space required for parking. Carsharing modernizes mobility by allowing people to connect multiple forms of efficient transportation for any type of use case.
Through carsharing, we aim to lessen greenhouse gasses and reduce pollution. Studies show that when carsharing is available, people drive less and drive vehicles more appropriate for their use case, which can reduce household carbon emissions by up to 40%. Also, shared cars are used more frequently and retired more quickly, accelerating the adoption of newer, more energy-efficient vehicles.
Our mission is to empower people to carshare everywhere by enabling the shift away from car ownership, want to join us?
The Opportunity:
As a Junior FP&A Analyst at Getaround, you will step into a dynamic and fast-paced environment where your analytical skills will be crucial in driving strategic decision-making and financial performance. Here's what you can look forward to:
Hands-on Experience: This role offers hands-on experience in financial planning, budgeting, forecasting, and variance analysis. You will work closely with cross-functional teams, gaining exposure to various aspects of the business and honing your skills in financial modeling and data analysis.
Collaborative Culture: Collaboration is key to our success, and you will have the opportunity to work closely with talented individuals from diverse backgrounds. Whether you're brainstorming ideas with the finance team or collaborating with operations and marketing departments, you'll be part of a collaborative culture that values teamwork and mutual support.
Impactful Projects: You will be involved in a wide range of projects that directly impact our bottom line and profit. Your contributions will be recognized and valued as we work together to achieve our company's goals.
Join us as an Junior FP&A Analyst and seize the opportunity to make a meaningful impact in a rapidly growing industry while advancing your career in Finance. If you thrive in a fast-paced environment and are passionate about driving financial excellence, we want to hear from you!

What You'll Be Doing: (Essential Duties & Responsibilities)

  • Financial Planning and Forecasting: Participate in maintaining the comprehensive financial model to support the annual budgeting process, and long-term strategic planning initiatives. Collaborate with cross-functional teams to gather input and assumptions. Updating the model with the actuals based on the accounting financials.
  • Variance Analysis: Conduct in-depth variance analysis to assess performance against budget and prior periods. Identify key drivers of variance and provide actionable insights to management to address deviations from expectations. Work with Accounting to implement robust reporting of actual performance compared to budget. Proactively monitor financial performance trends and alert stakeholders to potential unfavorable variances.
  • Management Reporting: Participate in preparing regular management reports and dashboards to communicate financial results. Financial Modeling: Participate in building sophisticated financial models to evaluate business initiatives and strategic alternatives.
  • Contribution Margin Analysis: Participate in analyzing contribution margin by markets to identify opportunities for cost optimization and efficiency improvements. Communicate with operational teams to track cost reduction strategies and implementation progress.
  • Ad Hoc Analysis: Conduct ad hoc financial analysis and special projects as requested by manager, providing insights into specific business issues or strategic initiatives. Prepare slides templates for the presentations and executive summaries to effectively communicate findings and recommendations to key stakeholders.
  • Continuous Improvement: Continuously review and enhance financial planning and analysis processes, tools, and methodologies to streamline workflows, improve accuracy, and drive efficiency.
  • Cross-Functional Collaboration: Collaborate with finance colleagues as well as other departments to ensure alignment of financial goals with overall business objectives.
  • Ensure the confidentiality, integrity, and availability of company information, data, and systems.
  • Ensure that security policies and procedures are followed.
  • This job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of this position. Essential duties and responsibilities may be added or modified as necessary at any time.

What You'll Need: (Required)

    Education & Experience

    • Bachelor’s degree in Finance, Mathematics, Accounting, and/or Economics required.
    • Minimum of 1+ years of related experience. Alternatively, recent graduates with exceptional academic performance may be considered without prior work experience.

    Skills & Abilities:

    • Strong analytical skills with proficiency in financial modeling, forecasting, variance analysis, and trend identification.
    • Advanced Excel skills are required.
    • Experience with Google Sheets is preferred.
    • Strong interpersonal skills and the ability to work effectively in a cross-functional team environment.
    • High level of accuracy and attention to detail, particularly in financial analysis and reporting.
    • Ability to identify errors, anomalies, and inconsistencies in financial data and take corrective action as needed.
    • Flexible and adaptable mindset with the ability to thrive in a rapidly evolving industry and organization.
    • Willingness to take on new challenges and learn new skills as needed.

    Work Environment:

    • Getaround has a remote-first work environment.
    • The typical work environment includes desktop computing work using typical desktop computing equipment (laptop, keyboard, mouse, monitors, desk, chair) in an office and/or remote workspace environment.

    Physical Demands:

    • Ability to sit, stand, and use typical desktop computing workspace equipment - e.g. mouse, keyboard, monitor, phone - for extended periods of time.
    • Manual dexterity to operate a typical desktop computing workstation.
    • Ability to communicate both verbally and in writing, and using virtual meeting and communication tools such as email, Google Meet, and Slack.
    • Ability to lift and carry up to 15 pounds, if required.
    • Reasonable accommodations will be made for qualified individuals with disabilities.

    Getaround Benefits & Perks:

    • 🌎 Remote first workplace and flexible work hours. We mean it!
    • 💰 Competitive salary, 401(k) plan, and generous stock options to help you plan and save for retirement.
    • 🏖 Open PTO policy and two annual ⚡Recharge Weeks to help you reset and recharge.
    • 💫 Healthcare plans include medical, dental, and vision to take excellent care of you and your family.
    • 🛟 Health Spending (HSA) and Flexible Spending (FSA) accounts allowing you to allocate pre-tax dollars for eligible expenses.
    • ❤️‍🩹 Employee Assistance & Wellness Support Program (EAP) and access to a variety of wellbeing support resources.
    • 📝 Annual Work Smarter Stipend to optimize the efficiency of your remote workspace.
    • 🎒 Self-Directed Development Incentive to support you with your professional development goals.
    • 💻 Virtual events to connect with your fellow Getarounders, including educational speakers, cooking sessions, game nights, mixology classes, and more!
    • 🤝 A company culture that keeps Diversity, Equity, and Inclusion top of mind, thanks to our dedicated Task Force. We are committed to being a place where you’re empowered to bring your full self to work.
    • 🗓 Monthly Getaround credits and discounts for you, your friends, and your family.
    • 🏆 Employee Recognition, Anniversary programs, and much more!
    We Are Getarounders!
    Getaround is proud to be an equal-opportunity employer. Getaround is committed to providing equal employment opportunities to all employees and applicants and prohibits discrimination and harassment of any type without regard to race, color, religion, sex (including gender, gender identity, gender expression, pregnancy, childbirth, breastfeeding status, or related medical conditions), age, sexual orientation, national origin, ancestry, marital status, military or veteran status, genetic information, disability (including physical or mental disability, medical condition, or medical leave), or any other characteristic protected by federal, state, or local law. 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.
    Consistent with our commitment to equal employment opportunity, Getaround will make reasonable accommodations for qualified individuals with disabilities. If you require an accommodation to perform the essential functions of your job due to a disability, please contact People Operations at peopleops@getaround.com to request an accommodation.
    This EEO statement reaffirms our commitment to providing a workplace free from discrimination and harassment, in accordance with all applicable laws. We encourage all qualified candidates to apply for employment opportunities at Getaround.
    Come join us and continue to make Getaround a great place to work!