Associate Financial Analyst

Aspida Financial Services LLC•Durham, NC

10h•Hybrid

About The Position

The Associate Financial Analyst is responsible for supporting the Financial Planning & Analysis (FP&A) team through ownership of the company’s expense management and reporting processes. Serving as the primary finance contact for expense governance, this role helps ensure purchase commitments are appropriately reviewed, aligned with approved budgets, and communicated effectively across the organization. This position plays a critical role in providing timely visibility into company spending, maintaining strong financial controls, and supporting departmental leaders with expense reporting and analysis. While the primary focus of the role is expense management, the Associate Financial Analyst will also support broader FP&A initiatives and gain exposure to budgeting, forecasting, and financial analysis. This position reports to a Financial Analyst and is required to be onsite 3 days a week at our Durham, NC headquarters.

Requirements

Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or a related field required.
1–3 years of experience in financial analysis, corporate finance, FP&A, accounting, or a related analytical role.
Experience with financial reporting, budgeting, forecasting, variance analysis, or financial modeling preferred.
Experience working with large datasets and translating financial information into actionable insights.

Responsibilities

Serve as the primary FP&A reviewer for company purchase order (PO) requests prior to approval.
Review purchase requests to ensure expenditures are appropriate, adequately supported, and aligned with approved budgets and company policies.
Partner with business leaders, Procurement, and Accounts Payable to resolve questions related to purchase requests and spending.
Identify requests that exceed approved budgets or require additional review, escalating concerns to finance leadership and ensuring timely communication with stakeholders.
Maintain strong financial governance by helping ensure company spending is appropriately reviewed before commitments are made.
Prepare and distribute weekly reports summarizing Accounts Payable activity and company spending.
Monitor spending trends and identify unusual activity, significant transactions, or potential budget risks.
Provide timely reporting and insights to support management’s visibility into operating expenses.
Prepare quarterly departmental expense reports comparing actual results against approved budgets.
Analyze spending variances, identify key drivers, and communicate findings to department leaders.
Support department managers in monitoring budget utilization throughout the year.
Assist with expense forecasting and ongoing budget management activities.
Perform ad hoc analyses related to operating expenses, departmental spending, vendor activity, and budget performance.
Develop reports and dashboards that improve visibility into company expenditures.
Support monthly, quarterly, and annual FP&A reporting and analysis as needed.