Job Description
Alarm.com, a highly innovative and entrepreneurial SaaS (Software as a Service) company, is seeking a Director, Financial Analysis to build and manage both the finance and the accounting functions and to play a key role in optimizing financial performance at āAlarm.com Advanceā, a consumer financing FinTech subsidiary company within Alarm.com. Alarm.com Advance provides innovative consumer financing products to the security and smart home markets. This role will be responsible for supporting the lending program and will Ā be Ā part of the broader Alarm.com Finance and Accounting organizations. The scope covers all aspects of the lending program and requires moving seamlessly between independently performing financial analysis and concisely articulating relevant insights to senior leaders.
RESPONSIBILITIES:
- Develop financial forecasts and cash flows, monitor program performance, perform actuals vs. forecast variance analyses, and prepare detailed horizontal analyses month-over-month
- Develop and implement proposals using data-driven analysis to optimize the financial performance of the program, including changes to product offerings to improve revenue and/or cost
- Develop and provide program level reporting and supporting details, including KPIs, to a collection of internal stakeholders and external parties such as bank partners and debt investors
- Enable budget planning and capital allocation decisions on a periodic basis by providing pertinent information to various decision forums or committees
- Perform loss forecasting and stress testing analyses as needed
- Develop robust financial forecasting models that are scalable and adaptable to the programās needs
- Continually evaluate internal financial and accounting processes for efficiencies, leveraging technology and automation to drive efficiencies
- Support internal and external audits as required
- Assist with daily and monthly end close for various loan products, namely unsecured personal consumer loans and any other newly developed loan related products, including
- creating accounting entries (e.g. standard general ledger, transaction account) related to input of new and existing loans in the loan portfolio
- completing reconciliations for loan portfolio and operating bank accounts
- distributing daily, monthly, weekly loan portfolio reports internally as required
- working closely with the Controller and external auditors to assess the Companyās current compliance with SOX 404 and implement controls and procedures to ensure compliance with SOX
- Assist with ad hoc accounting and finance projects, as needed
- Other duties as assigned
REQUIRED QUALIFICATIONS:
- Bachelorās degree in a quantitative major (e.g. Finance, Accounting, Economics, Mathematics, Engineering) required
- 7+ years of related financial analysis and financial modeling experience, with a solid understanding of US GAAP and strong analytical skills
- Willingness to play a large individual contributor role, with the ability to function autonomously, manage to deadlines, respond to requests in a timely manner and partner cross-functionally
- Exceptional communication skills, with an ability to articulate analytical takeaways and highlight issues to a range of audiences
- Ability to interact with senior management, present information and address questions or concerns
- Advanced proficiency in Microsoft applications (Excel, Word, PowerPoint, Access) and working with databases
PREFERRED QUALIFICATIONS:
- Masterās Degree in Business Administration, Accounting, Finance, or Economics
- 3+ years experience with lending business models, lending financial forecasting, and lending financial analysis
- Strong technical skills and experience with coding languages (SQL, Python, etc.)
WHY WORK FOR ALARM.COM?
- Collaborate with outstanding people: We hire only the best. Our standards are high and our employees enjoy working alongside other high achievers.
- Make an immediate impact: New employees can expect to be given real responsibility for bringing new technologies to the marketplace. You are empowered to perform as soon as you join the Alarm.com team!
- Gain well rounded experience: Alarm.com offers a diverse and dynamic environment where you will get the chance to work directly with executives and develop expertise across multiple areas of the business.
- Focus on fun: Alarm.com places high value on our team culture. We even have a committee dedicated to hosting a stand-out holiday party, happy hours, and other fun corporate events.
COMPANY INFO
Alarm.com is the leading cloud-based platform for smart security and the Internet of Things. More than 7.6 million home and business owners depend on our solutions every day to make their properties safer, smarter, and more efficient. And every day, weāre innovating new technologies in rapidly evolving spaces including AI, video analytics, facial recognition, machine learning, energy analytics, and more.Ā Ā Weāre seeking those who are passionate about creating change through technology and who want to make a lasting impact on the world around them.Ā
For more information, please visitĀ www.alarm.com.
COMPANY BENEFITS
Alarm.com offers competitive pay and benefits inclusive of subsidized medical plan options, an HSA with generous company contribution, a 401(k) with employer match, and paid holidays, wellness time, and vacation increasing with tenure. Paid maternity and bonding leave, company-paid disability and life insurance, FSAs, well-being resources and activities, and a casual dress work environment are also part of our outstanding total rewards package!
Alarm.com is an Equal Opportunity Employer
In connection with your application, we collect information that identifies, reasonably relates to or describes you (āPersonal Informationā). The categories of Personal Information that we may collect include your name, government-issued identification number(s), email address, mailing address, other contact information, emergency contact information, employment history, educational history, criminal record, and demographic information. We collect and use those categories of Personal Information about you for human resources and other business management purposes, including identifying and evaluating you as a candidate for potential or future employment or future positions, recordkeeping in relation to recruiting and hiring, conducting criminal background checks as permitted by law, conducting analytics, and ensuring compliance with applicable legal requirements and Company policies.
Notice To Third Party Agencies:
Alarm.com understands the value of professional recruiting services.Ā However, we are not accepting resumes from recruiters or employment agencies for this position. In the event we receive a resume or candidate referral for this position from a third-party recruiter or agency without a previously signed agreement, we reserve the right to pursue and hire those candidate(s) without any financial obligation to you. If you are interested in working with Alarm.com, please email your company information and standard agreement toĀ [email protected].
JR103299
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Date Posted
12/17/2023
Views
4
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