Financial Analyst (Hybrid)

Purple•Lehi, UT

22h•Hybrid

About The Position

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. 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.

Requirements

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.
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.

Nice To Haves

Prior experience with NetSuite or Adaptive Insights is a plus, but not required.

Responsibilities

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.
Collaborate with different departments to develop annual budgets and financial forecasts.
Monitor budget performance, analyze variances, and provide recommendations to optimize resource allocation.
Develop and maintain financial models and projections to provide continued insight into company’s financial performance.
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.
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.