What are the responsibilities and job description for the FP&A Analyst position at Ambercycle?
About Us
Ambercycle is a materials science company founded in 2015 to make the global fashion industry circular. Every year, over 120 billion garments are disposed of. We’re developing and scaling a breakthrough technology to manufacture yarns and fabrics from these end-of-life clothes, without a sacrifice in quality, rather than from petroleum or new agriculture resources. Our apparel products avoid the use of new raw materials and go into the highest quality applications, exceeding the expectations of end customers with a fraction of the environmental footprint. Using our technology, we are fundamentally changing the fashion industry and building the infinite textile ecosystem. Ambercycle’s first solution, cycora® is a premium fabric made from end-of-life textiles. For more information, visit www.ambercycle.com and @cycora.la on IG.
The Team
The finance function collaborates closely with all areas of the business to develop budgets, monitor costs, and provide strategic insight through forecasting.
The Job
The FP&A Analyst will play a crucial role in supporting the financial health of our company. This position will assist with budgeting, forecasting, financial modeling, strategic planning, and inventory management. The ideal candidate will have a strong analytical mindset, excellent organizational skills, a passion for sustainability, and the enthusiasm to solve ad-hoc problems in a start-up environment
Who You Might Be
The ideal candidate will be a fast learner, eager, and motivated by the de-carbonization of the entire fashion industry. They will have had some previous experience with financial planning and analysis and will understand the key three financial statements.
What You'll Do
Budgeting and Forecasting
- Assist in the preparation of annual budgets and monthly forecasts.
- Monitor budget vs. actual performance and provide variance analysis.
- Collaborate with various departments to gather and consolidate budget inputs.
Financial Modeling
- Develop and maintain financial models to support business decision-making.
- Analyze financial data and trends to provide insights and recommendations.
- Assist in the preparation of long-term financial projections and scenario analysis.
Strategic Planning
- Support the Head of Finance in strategic planning activities.
- Conduct market research and competitive analysis to inform strategic initiatives.
- Tie in financial planning analysis with the needs of the wider business.
- Create business cases for strategically important projects.
Inventory Management
- Work with the operations team to manage inventory levels and optimize inventory turnover.
- Assist in the development and implementation of inventory management policies and procedures.
Reporting and Analysis
- Prepare monthly, quarterly, and annual financial reports.
- Assist in the development of key performance indicators (KPIs) and dashboards.
- Conduct ad-hoc financial analysis and reporting as needed.
\n- Bachelor’s Degree in Business, Finance, Accounting, Economics;
- Bachelor's degree plus 3 years' experience in a finance role can serve as substitute for business/finance degree
- 1-3 years of experience in FP&A, financial analysis, or a related role.
- Proficiency in Microsoft Excel and financial modeling
- Experience with Microsoft PowerPoint and entire Microsoft Suite
- Familiarity with PowerBI reporting
- Strong analytical and problem-solving skills
- A mind for data and how to present data in strategic ways
- Good communicator and able to work efficiently with all colleagues
- Ability to work independently and as part of a team
- Previous experience with an ERP system a plus
- Medical, Dental, Vision and Pet Insurance
- Flexible PTO
- 401(k)
- Free Healthy Snacks & Beverages
- Lunch Provided on Fridays
Salary : $70,000 - $85,000