FP&A Associate

We're looking for the crazy ones that are going to change the world - if that's you - apply now.

Newchip is a virtual startup accelerator that provides world-changing early-stage companies with the software tools, training, mentorship, and the investor network necessary to successfully raise capital, build, and scale their businesses to eventual exit. We're in 100+ countries and have a portfolio of over 2,000 startups that have raised $1B+ in funding since our launch in 2019.

Do you love Shark Tank? Imagine every day being like an episode but on a global scale, that's what we do. We recruit top startups and we launch virtual cohorts each month from our HQ in Austin, TX, with a goal of coaching each to a point of invest-ability. We then invest in our top program graduates alongside our 3,000+ investor network and work with them until exit.

-We're a veteran founder team with decades of experience, acquisitions and exits under our belts, and we're looking for the next member of our team that meets both our core values and can add their skillset to our melting pot of diversity.

-We're only recruiting entrepreneurial and driven individuals who are in it for the long haul to reach an IPO and that want to truly assist startups to drive results that create investment returns to our investors and investor partner network.

-If you're looking to make a difference in the world and learn in 1 year what most learn in 5, we're here to provide the mentorship, leadership, and potential to make that dream a reality - if you're here looking for a 9-5, our company isn't for you.

Apply today to join the 100+ employees in our HQ in Austin, Texas, or join one of our remote teams around the globe!

The Role:

We are looking for a FP&A Associate to provide accurate and data-based information on the company's profitability based on forecasted revenues and expenditures. You will research and analyze financial information to help the company make informed decisions, write reports and monitor financial movements. This position is a full-time role, reporting to our organization's Controller. Day to day, the responsibilities of the FP&A Associate include the following:

• Assisting with the preparation of operating budgets, financial statements, and reports.
• Analyzing financial data and assisting with audits, reviews, and tax preparations.
• Updating financial spreadsheets and reports with the latest available data.
• Reviewing existing financial policies and procedures to ensure regulatory compliance.
• Keeping records and documenting financial processes.

• Preparing multiple complex and varied financial reports (including ad hoc reports) that require selection, preparation, and interpretation of data using complex data query tools.

Responsibilities:

• Developing financial models through benchmarking and process analysis.

• Reviewing and analyzing financial statements and reports.
• Tracking KPIs and preparing financial reports.
• Assisting with budgeting and monthly close processes.
• Understanding key business drivers.
• Assisting project teams with financial guidance.
• Developing financial projections and building financial models.
• Performing research and analysis as required.
• Ensuring compliance with financial guidelines, company policies, and relevant legal regulations.

• Maintaining confidentiality of financial information and investment decisions.

Requirements

• Bachelor's degree in finance, accounting, or a related field.
• 2+ years of experience in financial planning, analysis, and modeling.
• Ability to present financial information to a non-financial audience.
• Working knowledge of financial strategies.
• Strong organizational and multitasking skills.
• Excellent communication, interpersonal, and presentation skills.
• Detail-oriented and able to perform in a high-pressure environment.
• Strong analytical thinking and problem-solving skills.
• Ability to work independently.
• Proficient in Google Suite.
• Strong attention to detail, go-getter attitude, and impeccable communication skills.
• Analytical, organized and operates with a standard of excellence.
• Hands-on experience with financial and statistical software
• Expertise in MS Excel / Google Sheets (creating spreadsheets, using pivot tables, and using advanced formulas)
• Familiarity with current FP&A reporting tools
• Understanding of Enterprise Resource Planning systems (ERP)
• Up-to-date with accounting laws and regulations
• Ability to present financial data using detailed reports and charts
• Demonstrable strategic thinking skills
• Live in Austin, TX area.

Benefits

• Be a part of a global team with a hybrid in-office and remote culture with a headquarters in East Austin, Texas
• Industry leader in compensation packages including base plus performance incentives, equity, and company stock.
• Fully covered benefits that include medical, dental, vision, life, and disability insurances; plus a 401k program.
• Join an active culture and become a pillar in the startup community with weekly team outings and community events.
• Access to all of our accelerator certificate programs if you launch a startup during your career here (valued at $1M+).
• Active culture with a gym at HQ with bouldering, weight gym, classes, yoga, steam-rooms, and showers on-site.
• Unlimited PTO policy, Holidays, Sick Days, and Election Day off.
• Hybrid roles receive up to 60 days of remote work allotment per year at the discretion of your leadership team.
• ClassPass membership gives you worldwide access to thousands of top-rated gyms, fitness studios, salons, and spas.
• Weekly catered lunch on Fridays, as well as unlimited snacks and Starbucks coffee.
• Opportunity to make a meaningful impact in a revolutionary space working with thousands of startups around the globe.