What are the responsibilities and job description for the Senior Financial Analyst position at Ideal Living?

Who We Are: We're a purpose-driven consumer goods company that is based in Sherman Oaks CA. We are a mighty team full of compassionate citizens, people caring, product-perfecting, science-driven stewards of a thriving life for all. We put heart and research behind everything we do, creating the most accessible technology and products to promote health and wellness.

We seek people who thrive in a fast-paced entrepreneurial environment and aren’t afraid to dive in and creatively solve challenges.

Position Summary: The Senior Financial Analyst will play a key role in providing financial insights and analysis to support strategic decision-making within the organization. This role encompasses financial modeling, forecasting, budgeting, and variance analysis. The ideal candidate will possess strong analytical skills, a thorough understanding of financial and accounting principles, and the ability to communicate complex financial information clearly.

Key Responsibilities:

Financial Analysis and Reporting
- Develop and maintain financial analyses to support business planning and profitability decisions.
- Provide key insights and recommendations by identifying trends, risks, and opportunities.
- Design and implement reports, dashboards, and presentations.
Budgeting and Forecasting
- Support the team with annual budgeting process, building out budget templates and ensuring alignment with strategic goals.
- Prepare monthly and quarterly forecasts, updating assumptions and identifying key drivers.
- Monitor and report on budget vs. actual performance, providing explanations for variances.
Business Partnership
- Act as a financial business partner to marketing departments, providing financial and business operations support.
- Foster strong working relationships across the organization to facilitate effective communication and collaboration.

Qualifications:

Bachelor’s degree in Finance, Accounting, Economics, or a related field.
5 years of experience in financial analysis, budgeting, forecasting, and financial modeling.
2 years of investment banking or financial services experience is a plus.
Experience in the Direct-to-Consumer industry is a plus.
Advanced proficiency in Microsoft Excel and financial modeling techniques.
Experience with financial planning software and Business Intelligence systems (e.g., PowerBI).
Strong analytical and problem-solving skills.
Excellent communication and presentation skills.
Ability to manage priorities and meet deadlines in a fast-paced environment.
High attention to detail and accuracy.
Self-motivated with strong critical thinking and problem-solving skills.