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Sr. Financial Analyst

3 months ago

Minnetonka, United States Digital River Full time

Company Description

Digital River is a pioneer in enabling brands to sell direct to their customers online. For over 25 years, established and fast-growing brands alike rely on our flexible, API-powered solutions to launch new eCommerce purchase options, localize transactions in new countries, and simplify the technology and services needed to support their online channels. It boils down to Digital River taking risk and responsibility on behalf of our clients to process payments, mitigate fraud, and handle taxes and regulatory compliance.

Digital River is a digital first company headquartered in Minneapolis with offices across the U.S., Asia, Europe and South America

Job Description

What You'll Do:

The Sr. Financial Analyst provides accurate, data-based analysis and presentation on the company’s financials. This role researches, analyzes and prepares the company’s business information, including but not limited to: budgets, forecasts, pricing, planning and control to aid in the company’s ability to make well-informed decisions and monitor financial movements. The Sr. Financial Analyst will also support the company’s financial reporting systems.

55% -- Reporting & Analysis

  • Completes regular and ad hoc reporting and analysis at the consolidated company level
  • Gathers, completes and summarizes analysis and provides observations and recommendations which will assist with assessing present and future financial performance
  • Uses variance analysis to identify and share trends which allows the business to react to changing environments
  • Coordinates with all levels to gather, review, analyze and consolidate financial data for reporting
  • Assists in the development of budgets and forecasts including, but not limited to, projections for assets and liabilities under management, revenue and expenses
  • Continuously monitors actual vs budgeted/forecasted performance, bringing to leaders any trends and/or observations to ensure action can be taken as needed
  • Identifies opportunities for automation and/or technical solutions and makes recommendations for improvements and presents them to leaders; works with cross functional teams for implementation as required
  • Supports tactical and strategic initiatives for reporting, data warehousing and profitability reporting

30% -- Procurement Support

  • Leads contract negotiations, with legal as appropriate, to reduce price and obtain optimal contractual terms with vendors
  • Develops, implements and maintains purchasing strategies in accordance with the global P&L strategies and drives execution to meet business objectives
  • Studies and evaluates various proposals made to DR by vendors and/or contractors, prepares cost and value analysis and makes recommendations
  • Works with a cross-matrix team (comprised of functional, technical, legal, financial, and business area subject matter experts) to assess and develop business requirements, proposals, and RFX’s

15% -- Financial Controls

  • Supports financial model maintenance and modification for changes leveraging automation where possible
  • Maintains and improves budgeting and financial modeling tools

Qualifications

What You'll Need to Succeed: 

Required:

  • Bachelor’s degree in finance, Accounting, or related field
  • 3+ years of progressive accounting/finance experience
  • Advanced analytical and quantitative skills
  • Strong business acumen with proven ability to effectively partner with functions outside of Finance
  • Ability to prioritize work and meet deadlines with minimal supervision
  • Knowledge of finance, accounting, budgeting, and cost control principles, such as GAAP and accrual-based accounting
  • Knowledge and experience working with Microsoft Windows and Microsoft Office (Word, Excel, PowerPoint, Power BI, Outlook)
  • Experience in a fast-paced, growing, ever changing environment, preferably with a software company

Preferred: 

  • Treasury Experience
  • Advanced Excel and PowerPoint skills
  • Experience building Power BI dashboards
  • Essbase Experience

Additional Information

All your information will be kept confidential according to EEO guidelines.

Why Digital River:


Digital River provides numerous benefits to all our employees, ensuring an inclusive and supportive work environment that fosters continuous growth and up-skilling. These benefits include:

Digital River prioritizes a "Digital First" approach, where virtual work arrangements are the primary experience for most of our employees. We offer flexible location options for the majority of roles we are recruiting for, allowing you to work from any of the locales where we currently have entities:

USA – Ireland – UK – Germany – Taiwan – Japan – China


On top of our digital-first approach, we offer Flexible Time Off (FTO) to our US based employees and a very generous paid time off to those outside of the US.

We believe in empowering our employees to drive their own professional development. Every employee is provided with the chance to collaborate with their leader and design Individual Development Plans (IDPs), enabling personalized growth opportunities and up-skilling that are championed. We support your journey to acquire new skills and knowledge to excel in your role and beyond.

Digital River offers exceptional benefits regardless of your location, including medical coverage, retirement benefits, and paid leave for new parents. Digital River, with the partnerships with some of our clients, offers generous discounts on everything from trips, to a cup of coffee. Our commitment to your well-being extends beyond measurable monetary value, as we focus on providing a meaningful employee experience and a flexible working schedule.

At Digital River, we fully embrace and support a diverse workforce. As an Equal Opportunity Employer, we strive to create a work environment free from bullying, harassment, and discrimination. Our employment decisions are based on business needs, job requirements, and candidate skills. We do not discriminate based on gender, race, ethnicity, national origin, sexual orientation, age, disability, veteran status, family status, or any other legally protected status in the locations where we operate.

Importantly, Digital River is dedicated to providing reasonable accommodations during our hiring and onboarding process. Your Talent Acquisitions Partner will be there to assist you further in this regard. We believe in your continuous growth and development, and we are committed to supporting your journey.


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