Junior Financial Analyst

The opportunity

This role is all about building financial models for our clients, who are startups and scaleups throughout Australia. 

You will develop forecasts, scenario analyses and customised financial models to give our clients the clarity and insights needed to make the best decisions. Your work will form part of our virtual CFO service, where we provide CFO support to businesses that need the benefits of financial expertise without the cost. 

Working with our partners and virtual CFOs, you’ll enjoy the dynamism of startups and high-growth businesses and the satisfaction of helping them go from startup to stay up. The hands-on nature of working with these clients on everything from bank loans to venture capital funding and overseas expansion is a unique setting to fast-track your commercial knowledge.

Specifically, you will:

• Identify data opportunities with clients
• Work with clients and suppliers to extract the data you need
• Organise meetings and present to clients, as part of our virtual CFO team
• Development of financial analysis and modeling tools to facilitate decision making
• Consolidate the group budget and forecasts including preparing detailed annual budgets and rolling reforecast models interacting closely with key stakeholders.
• Support budgeting, forecasting and monthly reporting for Australia, North America, UK, EU and Asia.
• Continuously improve the annual budgeting model for P&L, cash-flow and balance sheet.
• Assist with product costing and analysis.
• Prepare margin calculations and analysis.
• Prepare monthly variance analysis.
• Conduct commercial analysis and bench marking e.g. customer/region profitability analysis.
• Identify and support revenue enhancement opportunities including analysis of inventory levels e.g. slow moving SKUs, seasonal trends.
• Support the set-up of the accounting function in each new market as they go-live.
• Support for new business development.
• Provide financial and commercial decision-making support across the business as and when required.
• Prepare and analyze financial reports, budgets, and forecasts to provide insights into the financial performance of the company.
• Implement and maintain effective cost control measures to optimize financial efficiency.
• Conduct variance analysis and provide recommendations for improvements.
• Collaborate with cross-functional teams to ensure alignment between financial goals and operational activities.
• Assist in the development and enhancement of financial policies and procedures.
• Ensure compliance with accounting standards, regulations, and internal policies.
• Support strategic decision-making by providing financial insights and data-driven recommendations.
• Participate in month-end and year-end closing processes.

You will be working alongside our Sydney or Melbourne partner in a coworking space – and from home when it suits. 

Why Join Standard Ledger?

Standard Ledger is a fast growing accounting firm set up specifically for startups and high growth SMEs. Now in our seventh year, we are expanding within our existing markets of Sydney, Melbourne, and United Kingdom and into others as well. 

Our partners have experience in Big 4 accounting firms, venture capital firms and right inside startups and SMEs. Born from a desire to move away from the traditional accountancy grind, we lean into the businesses we work with to help them achieve their potential. We also lean into life - we’re a friendly passionate bunch spread around co-working spaces from Melbourne to Manila. 

Want to be a regular accountant? We’ll have to politely decline.  www.standardleger.co 

As you know by now, we’re not traditional accountants. That means we lean into the startups and scaleups we work with. We lean into their businesses to measure the right metrics, streamline operations, support capital raising, expand overseas and generally help them get where they want to go.

And we also lean into the startup way of life as part of coworking spaces in London, Sydney, Melbourne, Adelaide and New Zealand with a skilled and scalable back-end team in the Philippines. 

Why do we love startups so much? For starters, they’re fun and endlessly interesting. They’re often solving complex problems that can make a big difference to people’s lives and the planet. We’re up for that. If you’re up for learning more about our own startup story, it’s here.  

Requirements

You will need:

• At least a Bachelor's/College Degree , Accountancy/Business/Finance, Management Engineering, Economics or equivalent.
• Licensed CPA/CA, preferred but not required.
• At least 1-3 year(s) of working experience in analysis of financial statements and building financial models is required.
• Has the ability to focus on business controlling (e.g., financial analysis, reporting, budgeting, and forecasting)
• Previous experience working within the consulting or advisory industry (desirable)
• Strong command of analytics, modelling, and simulation skills
• Highly analytical, detail-oriented, dynamic, and have strong communication and presentations skills
• Proficient use of Microsoft Office with particularly strong competence on MS Excel 
• Experience working with ERP systems would be seen favourably.
• Understanding of multi-currency and multi-entity structure experience, including inter-company transactions would be beneficial.

Benefits

On offer here is:

• Variety of challenge, experiences and opportunities as you join a small team of that deliver high quality outcomes across a complex business environment
• Both personal and professional development opportunities as you learn from experienced professionals, work closely with senior leaders and assist with delivering a key project
• Advance your career - We invest in your future by providing you with training/classes to help you accelerate your learning and professional development
• Diversity and Inclusion - We have a great team and enjoy team events to foster a collaborative, supportive and fun work environment

Location

You'll live in either Sydney or Melbourne.

This is a hybrid working arrangement so you get to choose the mix of working from home or a coworking space that suits.

Equity Participation

Like most of our startups, we believe in sharing the upside so we're establishing an employee share option plan which you'll be part of.