Earnest

Senior Financial Analyst

San Francisco, California, United States

Not SpecifiedCompensation
Senior (5 to 8 years), Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Fintech, Education FinanceIndustries

Position Overview

  • Location Type: Not Specified
  • Employment Type: Not Specified
  • Mission: To make higher education accessible and affordable for everyone by empowering students with financial support and supercharging their ability to pay down their debt.
  • Company: Earnies
  • Description: Earnies builds tools to help people feel in control of their financial future, including private student loans, student loan refinancing, and scholarships. The Senior Financial Analyst will report to the Senior Manager, Financial Planning and Analysis.

Responsibilities

  • Lead Comprehensive Financial Forecasting:
    • Manage monthly and annual budgeting processes.
    • Consolidate financial models.
    • Ensure alignment with accounting practices for accurate projections.
  • Drive Strategic Business Partnerships:
    • Collaborate with operational leaders to model expenses, headcount, and compensation.
    • Ensure financial controls and accuracy in forecasts.
  • Deliver Detailed Monthly/Quarterly Financial Reporting:
    • Partner with accounting for accurate close.
    • Analyze variances.
    • Create executive-level financial summaries and narratives.
  • Enhance Product Profitability Analysis:
    • Expand product-level reporting to reflect accurate P&L financials, including cost allocation and automation.
  • Optimize Financial Processes Through Automation and Tool Implementation:
    • Implement and optimize FP&A tools.
    • Automate processes using scripting languages.
    • Transition to visualization-based reporting.
  • Support Strategic Projects with Financial Analysis:
    • Conduct financial analyses for new product development, competitive analysis, and other strategic initiatives.

Requirements

  • Experience: 2 - 5+ years of finance/accounting experience.
  • Technical Skills:
    • High proficiency with Excel, Google Sheets, PowerPoint.
    • Experience with Financial ERP systems.
  • Communication & Collaboration:
    • Experience working with C-suite level leadership (direct reporting, presentations, etc.).
    • Comfortable speaking in large groups.
    • Ability to lead work initiatives with cross-functional coordination with stakeholders.
    • Ability to disseminate significant amounts of information with attention to details and accuracy.
  • Personal Attributes: Highly motivated, quick learner and enthusiastic about their work.

Preferred Qualifications (Even Better)

  • Prior experience working in the lending industry.
  • Very strong Excel and deck/slide creation (PowerPoint) skills.
  • Experience writing code scripts (Python, R or other 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.

Salary

Not Specified

Application Instructions

Not Specified

Company Information

Not Specified

Skills

Excel
Google Sheets
PowerPoint
Financial Modeling
Forecasting
Variance Analysis
Financial Reporting
Automation
Scripting
Data Visualization

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