Junior Financial Analyst

at Eightx - Fractional CFOs for FMCG Brands

Job description

About Eightx

We provide Fractional CFO services for fast-growing eCommerce Brands and Agencies from Canada, the United States and the United Kingdom with one goal in mind:

To help eCommerce business owners scale their businesses with more cash and less stress.

This requires a broad range of skills including financial modelling, risk management, understanding of US/Canadian GAAP, financing, audit, investor relations and more.

We are small but growing fast which means you will get the chance to specialize and grow into future roles such as Finance Manager or VP Finance.

Lastly, as you might expect of a finance company, we work really hard when we need to, but we don’t work hard just for the sake of it. We don’t miss our kids’ concerts, we work out during the day and we usually sign off early on Fridays.

About the position

We are among the best in the world at what we do, and we hire elite staff to provide incredible service.

You’re an Elite and Enthusiastic detail-oriented individual, to join our team as Financial Analyst. While 1-2 years of experience is advantageous, it’s not mandatory – we value a strong work ethic and a willingness to learn. The work you do helps people truly unplug on vacation, have more time with their kids and get back to enjoying running their businesses.

You will be assisting a portfolio of clients around the world with financial modeling, budgeting, cash flow forecasting, scenario planning, variance analysis and more.

You will help with market research and trend analysis to give our clients ideas on how to improve their operations, financial structure and operating results.

You will be working in a wide range of tech/software platforms including Shopify, Quickbooks Online, Xero, Google Sheets, Google Docs, Glew.io, Amazon Seller/Vendor, Rippling, Gusto and more.

Time Zone

  • You will work in Vancouver, Canada or Toronto, Canada time zone, with some flexibility for client needs

Assist Senior Financial Analysts and CFO in:

Financial Modelling (we build forecasts that are realistic, robust and useful for decision-making)

  • Building 3-statement, dynamic financial models (income statement, balance sheet, cash flows)
  • Every month, as we meet with clients, you will adjust the models and communicate potential margin/cash flow issues.
  • You will field questions and requests from clients, working them into the models.
  • You will field questions and requests from potential Investors and adjust models as appropriate.
  • You will conduct market research so that our forecasts reflect potential reality
  • You will create scenarios for all models so that assumptions can be regularly tested

Financial Reporting (we look backward so we can look forward to manage cash flow and mitigate risk)

  • Monthly reporting including variance analysis
  • Creating/updating KPI dashboards
  • Creating/maintaining/updating three statement financial forecasts (P&L, Cash Flows, Balance Sheet)
  • Cash flow monitoring and forecasting
  • Cohort Analysis

What you must have

  • You have a solid understanding of GAAP
  • You’re self-motivated
  • You can use independent judgment, problem-solve, be creative and answer questions
  • You’re comfortable adapting to change in a fast-paced and dynamic environment
  • You have outstanding interpersonal, verbal, and written communication skills
  • You handle ambiguity well and you take mistakes in stride (they are opportunities to learn)

Your experience and education

  • Fresh graduates are encouraged to apply
  • 1-2 years of experience in financial analysis is preferred but not mandatory
  • Strong attention to detail and organizational skills
  • Proficiency in data entry and basic accounting software
  • Excellent communication skills
  • Advanced MS Excel skills

How to apply

Submit your resume and a short video in your application. Answer these questions:

1. Why are you interested in this position?

2. What do you know about our company?

3. What is your ideal work environment?

4. What are your strengths?

5. Where do you see yourself in five years?

For your video:

- Make it maximum three minutes

Applications without a video will be ignored.

The Application Process

  1. Application with video.
  2. Short workstyle assessment (15mins)
  3. 15 minute Interview
  4. Final Interview
  5. Offer

What you will get in return

●        Full-time, competitive salary (commensurate with experience and education)

●        Remote work

●        20 days of PTO and all National Holidays

Company-wide shut off during the week between Christmas and New Year’s

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