FP&A Manager

About Magnetar

Magnetar is a leading, global alternative asset manager with over $13.1B AUM as of Q1 2024. Grounded in nearly two decades of investing experience, we focus on delivering positive outcomes for our investors by seeking to generate consistent performance across a variety of market conditions through our core businesses: Alternative Credit and Fixed Income, Healthcare and Systematic Investing. We are based in Evanston, IL with additional offices in New York, London and Houston.

Magnetar employees are among the best in the business at what they do. We attract highly skilled, dedicated professionals who enjoy collaborating and implementing innovative ideas. Our employees have an intense level of intellectual curiosity, a profound passion for our work and care deeply about delivering results for our investors, the firm and for each other. We work hard to foster an inclusive and welcoming environment where employees are empowered to thrive.

We are purposeful about investing in our employee's health, well-being and firm culture. When you work at Magnetar, you will receive premier health care benefits, eligibility to enroll in a 401(K) savings program with employer match, unlimited PTO, lunch onsite, access to mental and physical wellness programs, the opportunity to participate in employee affinity groups with curated programming and networking events, and much more.

Position Overview

We are seeking a dynamic and experienced FP&A professional to join our Corporate Finance team at Magnetar. This position will report to the Director of Financial Planning & Analysis and will join a team responsible for monthly and quarterly financial reporting, annual budgeting, portfolio analytics and market research. This role will be a key participant in the development, preparation, and presentation of both short- and long-term financial deliverables in support of overall management objectives at the firm.

Responsibilities

* Takes an active role in developing new internal systems, ensuring seamless integration of all reporting requirements and functionalities
* Develop, prepare and present key financial analyses including forecasts, budgets, strategic plans, balance sheet/cash flow projections, and business models
* Assist in the annual budgeting and quarterly outlook processes
* Assist in preparation of presentation materials for the executive team, internal stakeholders and investors
* Maintain and manage corporate financial data provided from multiple departments and software applications
* Proactively develop ad hoc financial analyses to improve reporting and understanding of underlying trends and performance
* No employees will directly report to this position at this time

Qualifications

* Bachelor's degree in accounting, finance or economics preferred from an accredited college
* 5+ years of relevant work experience. Experience in financial services or public accounting a plus
* CFA or CPA designation strongly preferred
* Experience in financial modeling, proficiency in maintaining and extracting data
* Demonstrated experience in developing proprietary firm software (alongside IT) to streamline data management and improve reporting accuracy and efficiency
* Motivated self-starter, highly organized and committed to accuracy and quality of work product
* A strong work ethic, the strength to thrive in a dynamic and challenging environment, and an ability to manage multiple workstreams simultaneously
* An aptitude for solving problems, intellectual curiosity, strong quantitative skills and a willingness to immerse oneself in financial and market data
* Excellent written and verbal communication skills
* Advanced knowledge and experience in Excel and PowerPoint required; knowledge of additional data analysis software a plus

Disclaimer

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.