Earnest

Financial Analyst

San Francisco, California, United States

Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, LendingIndustries

Position Overview

  • Location Type: Hybrid (San Francisco Bay Area, with monthly travel to Oakland)
  • Job Type: Full-time
  • Salary: Not specified

Earnies is dedicated to making higher education accessible and affordable. We provide tools for student loan management, refinancing, and scholarships. The Financial Analyst will support the Senior Manager, Financial Planning and Analysis.

Requirements

  • 0-2+ years of finance/accounting experience.
  • High proficiency with Excel, Google Sheets, PowerPoint, and Financial ERP systems.
  • Experience working with large data sets to disseminate trend analysis for forecasting / manipulating data to tell a story with supporting evidence.
  • Ability to lead work initiatives with cross-functional coordination with stakeholders.
  • Ability to disseminate significant amounts of information with attention to details and accuracy.
  • Highly motivated, quick learner and enthusiastic about their work.
  • Willingness to travel to the Oakland office monthly for collaboration.

Responsibilities

  • Financial Forecasting: Support the monthly and annual budgeting process, contribute to financial model updates, and ensure data accuracy.
  • Business Partnerships: Collaborate with team members to gather data for expense, headcount, and compensation modeling.
  • Financial Reporting: Aid in the preparation of monthly/quarterly reports, analyze basic variances, and assist with data validation.
  • Product Profitability Analysis: Assist in the creation of product-level reports and contribute to cost allocation processes.
  • Process Improvement & Tool Implementation: Help with data entry, automation tasks, and learn to use FP&A tools and reporting systems.

Even Better (Preferred Qualifications)

  • Prior experience working in the lending industry.
  • Very strong Excel and deck/slide creation (PowerPoint) skills.
  • Experience with code scripts (Python, R, or equivalent) to automate and streamline reporting and processes.
  • Formula auditing.
  • SQL or other database coding experience.
  • Experience rolling out new products/analyzing new product financials.

Company Information

Earnies is committed to helping students live their best lives, free from the stress of student debt.

Application Instructions

  • Not specified in the provided text.

Skills

Excel
Google Sheets
PowerPoint
Financial ERP systems
Data analysis
Forecasting
Data manipulation
Cross-functional coordination
Attention to detail
Automation
FP&A tools

Earnest

Provides low-interest student and personal loans

About Earnest

Earnest provides financial services focused on student loan refinancing, private student loans, and personal loans. The company uses advanced data analysis and underwriting software to assess each client's financial situation, allowing them to offer low-interest rates tailored to individual needs. Clients can select flexible repayment plans that suit their financial circumstances, making it easier to manage their debt. Unlike many competitors, Earnest continuously adjusts its rates based on market conditions to remain competitive. The goal of Earnest is to help financially responsible individuals effectively manage their educational and personal debt.

San Francisco, CaliforniaHeadquarters
2013Year Founded
$123.5MTotal Funding
ACQUISITIONCompany Stage
Fintech, Financial ServicesIndustries
201-500Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
401(k) Company Match
Home Office Stipend
Phone/Internet Stipend
Tuition Reimbursement
Paid Vacation
Parental Leave
Company Equity

Risks

Increased competition from fintech startups could erode market share.
Rising interest rates may decrease demand for refinancing options.
Potential regulatory changes could increase operational costs.

Differentiation

Earnest uses data-driven underwriting beyond traditional credit scores.
Offers flexible repayment plans tailored to individual financial situations.
Maintains a digital-first approach for loan applications and management.

Upsides

Increased demand for digital financial services boosts Earnest's online platform.
Alternative credit scoring models support Earnest's data-driven approach.
Growing trend of student loan refinancing aligns with Earnest's core offerings.

Land your dream remote job 3x faster with AI