Financial Planning and Analysis (FP&A) Analyst, Budgeting & Transactions

Financial Planning and Analysis (FP&A) Analyst, Budgeting & Transactions

Mission: 

We're seeking an experienced FP&A Analyst who will be responsible for supporting the company’s financial planning and analysis efforts, with a strong focus on budgeting and transactional matters. You will work closely with various departments to create and maintain budgeting templates and ensure that financial data is accurate and accessible. This role will primarily utilize Google Sheets and Excel for financial modeling, budgeting, and reporting. The successful candidate will have a strong background in financial planning and analysis, excellent analytical and problem-solving skills, and the ability to communicate complex financial information to non-financial stakeholders.

Responsibilities & opportunities in this role:

• Budgeting & Forecasting:
• Develop, maintain, and analyze annual budgets and periodic forecasts to align with business objectives
• Project code budgeting and forecasting, including integration into spend management platforms & ERPs
• Collaborate with department leaders to understand financial needs and priorities, ensuring accurate budget allocations
• Monitor budget performance and provide variance analyses to identify areas for improvement
• Perform monthly flux analysis, or ‘budget vs. actuals’ to align on how the business is performing against our budget & create new rolling forecasts to account for changes in business strategy
• Transactional Matters:
• Support the preparation and review of financial transactions, ensuring compliance with accounting standards and internal policies
• Experience using ZIP to ensure business compliance within a set budget by project type
• Analyze and resolve transactional discrepancies, working closely with the accounting team to ensure accurate financial records
• Financial Analysis:
• Perform detailed financial analysis to identify trends, risks, and opportunities for cost savings
• Develop and maintain financial models, dashboards, and reports to track key financial metrics and KPIs
• Weekly cash modeling, understanding key cost drivers of the business
• Cross-Functional Collaboration:
• Partner with sales, marketing, operations, and other teams to provide financial insights and support business decisions
• Develop and maintain relationships with stakeholders to understand business needs and provide tailored financial guidance
• Financial Reporting to External Stakeholders:
• Prepare financial reports and statements for external stakeholders, including investors, auditors, and regulatory bodies
• Ensure compliance with financial regulations and standards in all external reporting
• Support the month-end and year-end closing processes
• Process Improvement:
• Identify areas for process improvements in budgeting, forecasting, and transactional workflows
• Implement efficiencies to enhance the overall financial planning and analysis function
• Ad Hoc Projects:
• Support special projects and analyses as needed, providing financial expertise to drive business outcomes

Ideal candidates have/are:

• The Table Stakes:

  • Bachelor’s degree in Finance, Accounting, or a related field
  • Strong understanding of financial concepts, including GAAP and financial modeling
  • 3+ years of experience in financial planning and analysis, preferably in a fast-paced and dynamic environment
  • Advanced proficiency in Excel and Google Sheets, including experience with complex formulas and data visualization
  • Ability to work in a fast-paced environment and meet deadlines.
  • High attention to detail and strong organizational skills.
  • Experience with financial modeling techniques, such as 3 statement modeling, FCF forecasting, and scenario planning
  • Knowledge of financial planning and analysis best practices, including financial reporting, budgeting, fundraising, and forecasting
  • Excellent communication and presentation skills, with the ability to effectively communicate financial information to non-financial stakeholders
  • Strong attention to detail and ability to work accurately and efficiently
  • Ability to work in a fast-paced environment and prioritize multiple projects and deadlines
  • High attention to detail and strong organizational skills
  • Strong analytical and problem-solving skills, with the ability to work with complex financial data

• The Differentiators:

  • MBA or advanced degree in Finance, Accounting, or a related field
  • Experience working at or with technology companies, specifically within the Hardware or Artificial Intelligence industries
  • Experience working in a startup environment & scaling teams
  • Technical accounting background, including experience with financial reporting, accounting standards, and regulatory requirements (e.g. GAAP, IFRS, SOX)
  • Certification in financial planning and analysis, such as CFA or CPA

Attributes of a Groqster:

• Humility - Egos are checked at the door
• Collaborative & Team Savvy - We make up the smartest person in the room, together
• Growth & Giver Mindset - Learn it all versus know it all, we share knowledge generously
• Curious & Innovative - Take a creative approach to projects, problems, and design
• Passion, Grit, & Boldness - no limit thinking, fueling informed risk taking

If this sounds like you, we’d love to hear from you!

Compensation: At Groq, a competitive base salary is part of our comprehensive compensation package, which includes equity and benefits. For this role, the base salary range is $106,590 - $174,500, determined by your skills, qualifications, experience and internal benchmarks.

Location: Groq is a geo-agnostic company, meaning you work where you are. Exceptional candidates will thrive in asynchronous partnerships and remote collaboration methods. Some roles may require being located near our primary sites, as indicated in the job description.  

At Groq: Our goal is to hire and promote an exceptional workforce as diverse as the global populations we serve. Groq is an equal opportunity employer committed to diversity, inclusion, and belonging in all aspects of our organization. We value and celebrate diversity in thought, beliefs, talent, expression, and backgrounds. We know that our individual differences make us better.