Finance Analyst
Company Overview
Parabolic Career is an education technology company that automates the job recruitment process for both candidates and employers. Parabolic leverages its technology and the excessive data in the over saturated hiring market to streamline the hiring process for employers and recruiting process for candidates. Parabolic informs hiring managers of active candidates who are recruiting and directly applies for applications on behalf of active job seekers. Furthermore, Parabolic connects verified professionals to each other in order to give every job seeker access to the robust network required to find employment. For candidates, Parabolic submits job applications, pairs candidates with industry professionals, and provides interview prep software to automate the entire job search process. Parabolic candidate clients include professionals ranging from entry-level to C-suite level and college students pursuing careers in finance, technology, or consulting. For employers, Parabolic accelerates talent acquisition through its resume database, job marketing automation, and application tracking system. Parabolic’s employer clients include alternative investment firms in private equity, private credit, and venture capital. Parabolic has placed candidates ranging from entry-level to C-suite level.
The problem Parabolic solves is an oversaturation of candidate application in the recruiting marketplace. Open roles posted on the internet can attract as many as hundreds of thousands of qualified applicants, often leading to hiring inefficiencies. Over 90% of applications to competitive roles never receive a first round interview and it makes it difficult for the highly-skilled labor market to find work quickly. Over 80% of job offers obtained have come from referrals and this creates a discrepancy for job seekers who do not have access to a robust professional network. Women, minorities, low-income professionals, and immigrants have less access to high paying roles, and the equal opportunity gap continues to widen.
Company Mission
Creating Global Social Mobility
Working at Parabolic
Every employee at Parabolic approaches their work in a unique way. This allows us as a company to reach strategic and nuanced solutions for our clients. Our work relies primarily on building and maintaining relationships while upholding our values of community & partnership, diversity & social responsibility, and integrity & honesty.
Parabolic Career is committed to the long term success of its clients, employees, and greater community. Our mission is to create global social mobility. The company empowers people to elevate their communities. We do this by embodying our values below. Check out our open positions at www.paraboliccareer.com
Core Values
Community & Partnership: Parabolic is a network of students, professionals, investors, and entrepreneurs who have a passion for education and economic opportunity. We stay with our clients for their entire academic and professional journey, and we are committed to building and maintaining long-term relationships with our clients.
Social Responsibility & Diversity: At Parabolic, we aim to give back and ensure that our services are accessible to people regardless of their background or identity. We foster an inclusive environment that promotes growth for all employees and clients. Our clients and employees feel comfortable being themselves in the workplace, and Parabolic fosters and values diversity, equity, inclusion, and belonging.
Integrity & Honesty: We represent our clients with the utmost honesty and transparency. This extends to all of our employees and clients who work with us. We are transparent about our capabilities and work with candidates who accurately represent themselves.
Benefits:
Flexible hours
Remote opportunities
Competitive pay
Free Access to Parabolic Products
Opportunities for professional growth and development.
Collaborative and innovative work environment.
Position Overview:
We are seeking a skilled and detail-oriented Finance Analyst to join our finance team. The Finance Analyst will play a vital role in analyzing financial data, preparing reports, and providing insights that contribute to strategic decision-making within the company. This role requires a proactive individual with strong analytical skills, a deep understanding of financial principles, and the ability to collaborate effectively across teams.
Responsibilities:
Financial Analysis: Analyze financial data and trends to provide insights into business performance, identify risks, and opportunities for growth.
Budgeting and Forecasting: Collaborate with departments to develop and manage budgets, and contribute to accurate financial forecasting.
Variance Analysis: Investigate and explain budget variances, providing recommendations for corrective actions as necessary.
Financial Reporting: Prepare regular and ad-hoc financial reports, dashboards, and presentations for senior management and stakeholders.
Cost Analysis: Conduct cost-benefit analyses for projects, initiatives, and investments to support strategic decision-making.
Data Interpretation: Interpret complex financial information and present findings in a clear and concise manner to non-finance stakeholders.
Market Research: Stay informed about industry trends, economic factors, and competitive landscape that may impact financial performance.
Process Improvement: Continuously identify opportunities to streamline financial processes and enhance data accuracy and reporting efficiency.
Risk Management: Assist in assessing financial risks and proposing strategies to mitigate potential issues.
Financial Compliance: Ensure adherence to financial regulations, standards, and company policies.
Collaboration: Work closely with cross-functional teams to gather data, provide financial insights, and support business initiatives.
Qualifications:
- Pursuing Bachelor's degree in Finance, Accounting, Economics, or related field (Master's or CFA a plus).
- Strong understanding of financial principles, concepts, and practices.
- Proficiency in financial modeling, data analysis, and using financial software/tools.
- Advanced Excel skills; experience with data visualization tools (e.g., Tableau) is a plus.
- Excellent analytical, problem-solving, and critical-thinking skills.
- Strong attention to detail and accuracy.
- Effective communication skills, both written and verbal.
- Ability to work independently and as part of a collaborative team.