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Finance Associate

Remote - United States

Who We Are:

We are a tech-enabled growth firm–at the intersection of marketing, consulting & data intelligence–igniting revenue and brand recognition for leading and emerging companies around the world. As a people-first firm, we value diversity in backgrounds and experiences. We strongly believe our people and culture are key to our success. Our vision is to be recognized as the most valued and respected private growth marketing firm in the world–with a scalable brand, culture and services.

As a full-service growth marketing firm, we offer best-in-class services including: SEO, Content Marketing, Paid Media, Social Media Marketing, Programmatic + CTV, Public Relations, Influencer Marketing, Email + SMS, Conversion Rate Optimization, Retail Marketing, Creative, and Web Development. Here at Power Digital, we are hyper-focused on helping brands drive revenue growth and brand recognition, ultimately driving irrefutable value for our clients. 

At the heart of Power Digital is our proprietary technology, nova, which analyzes businesses through first-party data, simplifying investment planning for marketing and diligence in M&A––putting marketers in a strategic seat at the table––and providing value in unparalleled ways. 

Managing billions in media, our dynamic team––of consultative marketers, creatives, analysts and technologists––challenge traditional ways of planning and measurement through meticulous testing and data science across each milestone of the customer journey.

**We support 100% remote, in-office, or hybrid work styles for anyone legally eligible to work in the U.S.

 

A day in the life:

The Finance Associate will directly support the VP of Finance & Strategy and Finance Manager on various workstreams within the Finance Team.  This role will serve as the main analytical resource for the Finance Team, acting as a right hand to the VP and Finance Manager for recurring tasks such the monthly churn / retention analysis along with longer term projects such as annual budgeting and department deep dives.  Further, the Finance Associate is expected to have excellent communication skills, possess the ability to “tell a story with numbers'' and explain financial concepts to audiences outside of the Finance and Accounting Teams

 

Responsibilities:

  • Develop a full understanding of Power’s financial model, including the ability to articulate the 5-pillars that drive Company performance, the projection methodology and process for making daily updates to each 
  • Each year, alongside VP of Finance & Strategy and Finance Manager, develop Power’s annual budget
    • Work with key stakeholders throughout the organization to determine appropriate inputs and assumptions
    • Present updates to Executive Team on budget progression
    • Develop slides to present iterations of annual budget to Executive and Senior Leadership teams  
  • Complete deep dive analysis of various departments within of Power to determine whether said department is operating as efficiently and cost effectively as possible
    • Initially, these types of projects will be assigned to the Candidate, with the goal of this becoming proactive on part of the Candidate in the future
  • Creation of slides to explain various analyses, projects, etc. to audiences outside of the Finance and Accounting Teams
  • Identify outdated, inefficient and / or broken processes within our organization and work with key stakeholders to develop an action plan and solution  
  • Employ AI technologies to enhance and optimize business processes
  • Utilize and leverage Power Digital's Nova ecosystem as it relates to your department

 

Role Requirements:

  • 2+ years experience in an Investment Banking or Transaction Services / Advisory role
  • Excellent analytical / problem solving skills, with strong attention to detail
  • BA / BS in Finance, Accounting, Business Administration, or other relevant degrees
  • Ability to work with unstructured data to derive insights on business performance
  • Self-starter who is able to take on and completely own new projects 
  • Strong communication skills, EQ and ability to work in collaboration with the Executive Team, VP leadership team and staff members of varying experience levels
  • Demonstrated success working in a fast-paced, accountability-driven environment 
  • Proficiency with Microsoft Excel 
  • Ideal candidate is based in Southern California, though all geographies within the U.S. will be considered

 

Key Performance Indicators (KPIs)

  • Mastery of Power’s Financial Model by End of 9/30/2024
    • Achieve a proficiency score of at least 85% on a standardized assessment of Power's financial model by 9/30/2024
    • Utilize the financial model to prepare a draft annual budget, demonstrating its effectiveness and accuracy, by 10/31/2024
  • Timely Delivery of Monthly Analyses (e.g., Churn)
    • Deliver monthly churn analysis reports by the end of the third week of each following month with a 100% on-time delivery rate
    • Ensure that each monthly analysis report is reviewed and accepted by the Finance Manager / VP of Finance & Strategy with no more than two iterations for approval
    • Achieve an accuracy rate of 95% or higher on the data presented in the monthly analyses, verified through random audits
  • Completion of Multiple “Deep Dive” Projects (e.g., Sales, Nova) by End of Year
    • Complete a minimum of two in-depth analysis projects (including Sales and Nova) by 12/31/2024
    • Each deep dive project should result in a detailed Excel report and supporting slides, including insights, recommendations, and action plans, and be presented to the relevant members of the Senior Leadership Team.
    • Each deep dive project should be approved by the project sponsor and result in actionable items, with at least 75% of the recommendations implemented within three months of project completion

 

Most Important Things (MITs)

  • Mastery of Power Digital financial model
    • Candidate is expected to fully understand Power’s financial model and forecast methodology by the end of Q3, providing the foundation for annual budgeting exercise
  • Timely delivery of assigned tasks
    • Once Candidate has been onboarded, it is expected that they will deliver the various required monthly analyses in a timely manner, as the outputs of these analyses are reported to the Executive Team and Board
  • Ability to tell a story with numbers
    • Candidate is expected to be proficient in PowerPoint / Google Slides and excel at telling a quantitative story to an audience without an Accounting or Finance background

 

Benefits & Perks:

  • Base salary + commission opportunities
  • Robust Medical, Dental, Vision insurance plans with up to 100% employer contribution towards employee monthly premium
  • 401(k) plan - 4% employer contribution matching 
  • Unlimited Time Off available on day one
  • Fully flex work environment: full-remote, in-office, or hybrid 
  • Employee Assistance Program (EAP)
  • 12 observed United States national holidays + 2 mental health recharge days per year
  • Unlimited opportunities for growth & leadership within a rapidly growing firm
  • Ongoing employee development programs for personal and professional growth (Hedgehog and Vital 5s)
  • Quarterly awards including prize money and recognition for outstanding performance
  • Opportunities to be involved in company DEI initiatives

Power Digital’s people and culture are at the core of our success, which is why diversity in our team’s backgrounds and experiences are paramount. We are an Equal Opportunity Employer and our employees are people with different strengths, experiences, and backgrounds, who strive to make an impact inside and outside of the workplace. Diversity not only includes race and gender identity, but also age, disability status, veteran status, sexual orientation, religion and many other parts of one’s identity. All of our employees' points of view are key to our success, and inclusion is everyone's responsibility.

Please be aware of fictitious job openings, consulting engagements, solicitations, or employment offers from suspicious sources. These engagements may be an attempt to obtain private information, or to induce you to pay a fee for services related to recruitment or training. Power Digital does NOT charge any application, processing, or training fee at any stage of the recruitment or hiring process. All genuine job openings will be posted on our careers page at https://powerdigitalmarketing.com/company/careers/. If you have any doubts about the authenticity of any messaging behalf of Power Digital, please send us an email at recruiting@powerdigital.com before taking any further action in relation to the correspondence.

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