Financial Planning & Analysis Manager (Revenue) at Turo

Toronto, Ontario, Canada

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Biotechnology, FinanceIndustries

Requirements

Candidates should possess a BA/BS degree in Finance, Accounting, or a related technical field, with an MBA being a plus. A minimum of 3-5 years of experience in FP&A, strategic finance, investment banking, or consulting with analytical responsibilities is required, ideally within a fast-growing technology company. Advanced proficiency in Excel and PowerPoint, along with experience in building complex financial models and conducting in-depth financial analysis, is essential. Familiarity with financial systems like Adaptive Insights and NetSuite, and a willingness to learn SQL, are preferred. The role requires the ability to work autonomously and collaboratively under tight deadlines, excellent communication skills, and a commitment to working in the Toronto office three days a week.

Responsibilities

The Financial Planning & Analysis Manager will support and enhance global revenue forecasting processes, including rolling forecasts, annual and long-range planning. They will prepare monthly and quarterly financial reporting and presentations for leadership, providing analysis to guide strategic decisions. This role involves partnering with various business departments to develop forecasts, gain insights into variance drivers, and identify/quantify financial and operational risks and opportunities. Responsibilities also include leading initiatives to improve, automate, and scale forecasting and reporting, and driving ad-hoc business projects as needed.

Skills

Financial Modeling

Forecasting

Revenue Analysis

Financial Planning

Excel

PowerPoint

Quantitative Analysis

Qualitative Analysis

Data-driven Insights

Strategic Finance

Investment Banking

Consulting

Turo

Peer-to-peer car sharing platform for rentals

About Turo

Turo operates in the peer-to-peer car sharing market, allowing private car owners to rent out their vehicles to others. Car owners can list their vehicles on Turo’s platform, where they set their own rental prices and availability. Renters can browse these listings, select a vehicle that meets their needs, and book it for a specific time. Turo facilitates the transaction by providing insurance coverage and customer support, ensuring a smooth experience for both car owners and renters. The company earns revenue by taking a percentage of the rental fee, which aligns its interests with those of its users. Turo stands out from competitors by offering a diverse range of vehicles, including everyday cars, luxury, and specialty options. The goal of Turo is to provide a flexible and cost-effective alternative to traditional car rental services, leveraging the sharing economy to connect car owners with renters.

San Francisco, CaliforniaHeadquarters

2009Year Founded

$451.3MTotal Funding

POST_IPO_EQUITYCompany Stage

Automotive & Transportation, Consumer GoodsIndustries

1,001-5,000Employees

Risks

Negative incidents involving rented vehicles could damage Turo's reputation.

New competitors like ZEV co-op could capture market share with eco-friendly models.

Market volatility could impact Turo's IPO plans and investor confidence.

Differentiation

Turo offers a wide variety of vehicles, from everyday to luxury models.

The platform provides a cost-effective alternative to traditional car rental services.

Turo's commission-based model aligns its interests with users' successful transactions.

Upsides

Turo's partnership with United Airlines enhances customer acquisition and retention.

Expansion in Australia indicates potential for further international market penetration.

Winning the unitQ Quality Excellence Award highlights Turo's commitment to customer experience.

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