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Financial Analyst (Hybrid) at Purple in Lehi, UT
Skills
Job Description
Purple is a digitally-native vertical brand with a mission to help people feel and live better through innovative comfort solutions. To us, comfort means more than great products, it means empowering every employee to feel comfortable being themselves. We believe your career at Purple will be a one-of-a-kind “Career in Comfort” because our workforce is one-of-a-kind. We are committed to a culture of collaboration where every voice is heard and understood. As an innovation company at our core, we believe a diversity workforce brings better insights, solutions and products and serves as the backbone to bettering our company. Join with us as we add to our team of exceptional individuals who will help us take over the world — one mattress at a time.
Compensation
The compensation target for this role is: $72,300 - $85,000Job Summary
The Financial Analyst is responsible for evaluating company financial performance, providing insights, assisting in financial reporting, and supporting the Finance team. This role involves analyzing financial data, preparing department level budgets, and preparing financial reports.Job Description
Essential Duties & Responsibilities:
Financial Analysis:
Conduct comprehensive analysis of financial statements, including income statements, balance sheets, and cash flow statements.
Evaluate financial performance, identify trends, and help assess the financial health of the organization.
Budgeting and Forecasting:
Collaborate with different departments to develop annual budgets and financial forecasts.
Monitor budget performance, analyze variances, and provide recommendations to optimize resource allocation.
Financial Modeling:
Develop and maintain financial models and projections to provide continued insight into company’s financial performance.
Reporting and Presentation:
Prepare and present financial reports, performance metrics, and analysis to key stakeholders.
Assist in preparation of monthly and quarterly Board level reporting packages that include analysis of key business trends and actual versus plan and prior period variances.
Collaboration and Support:
Collaborate with cross-functional teams, including our G&A, Showrooms, Wholesale, and Marketing depts, to gather data and insights.
Work closely with budget owners to ensure accurate financial reporting during month-end close process.
Required Skills, Education, Experience:
Bachelor’s degree in Finance, Accounting, Economics, or a related field.
1-3+ years of FP&A or similar experience.
Strong analytical and quantitative skills. Proficiency in financial modeling in Excel is preferred.
Prior experience with NetSuite or Adaptive Insights is a plus, but not required.
Excellent attention to detail and ability to work with complex financial data.
Effective communication skills, both written and verbal, to present findings and recommendations to non-financial stakeholders.
Strong problem-solving skills and the ability to think critically.
Ability to work independently and meet deadlines in a fast-paced environment.
BENEFITS AND PERKS
Medical, Dental, Vision
401(k) Match
Flexible PTO
Earn a Mattress
Purple Swag
Amazing Purple Products
WHY WORK AT PURPLE?
Make your mark: We value innovative thinking. At Purple, you will be empowered to bring your ideas to life as we work together to improve people’s lives through comfort.
Gain unique experience: Be a part of one of the fastest growing companies in Utah! The contributions you make will matter at Purple as the company continues to grow with you.
Awesome culture: Join the tight-knit team at Purple and you can enjoy working alongside industry experts, making close friends, and annual employee appreciation events.
Purple provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
This policy applies to all terms and conditions of employment.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.