Financial Analyst

$100,000 - $120,000/Yr

Kafene - New York, NY

Full-time - Entry Level

Remote - New York, NY

51-100 employees

Furniture, Home Furnishings, Electronics, and Appliance Retailers

About the position

Kafene is seeking a Financial Analyst to join its dynamic team, a role that is highly visible and critical for scaling the company's financial operations and driving strategic initiatives. The position offers excellent opportunities for growth and requires expertise in strategic finance and accounting, along with strong analytical abilities and communication skills.

Responsibilities

• Provide detailed financial reports and analyses to support the Finance team, senior leadership, the board of directors, and external stakeholders.
• Ensure accuracy and compliance in all financial statements and reports.
• Oversee timely and accurate payment of invoices and proper expense coding.
• Manage new vendor onboarding and W9 collection to ensure tax compliance.
• Track, process, and document sales tax records and payments.
• Reconcile sales tax liabilities and ensure compliance with state and local regulations.
• Assist in the month-end close by preparing journal entries, conducting reconciliations, maintaining schedules, and analyzing variances.
• Conduct thorough reviews of general ledger activity for accuracy and resolve discrepancies proactively.
• Manage and track fixed assets, ensuring proper recording, depreciation, and allocation.
• Support Finance Director in the FP&A function by helping to develop financial forecasts, analyzing financial performance, and preparing variance analyses.
• Assist in creating and managing budgets, providing insights for decision-making, and ensuring alignment with company financial goals.
• Assist in developing and scaling FP&A and accounting processes, systems, and controls to support business growth.
• Work closely with analytics, engineering, risk, and finance teams to provide financial insights and support decision-making processes.
• Assist in ad-hoc financial analyses and special projects, including M&A and other strategic initiatives.

Requirements

• 1-3 years of experience in accounting, finance, business analytics, or financial analysis.
• Bachelor's degree in Accounting, Finance, or a quantitative field is required.
• Advanced proficiency in Excel (e.g., pivot tables, VLOOKUP) and Google Sheets.
• Proficiency in SQL and willingness to learn is essential.
• Familiarity with GAAP accounting principles.
• Experience with QBO and NetSuite tools is preferred.
• Exceptional analytical skills, with the ability to analyze large data sets, understand complex business needs, and propose tailored solutions.
• Ability to work both collaboratively and independently, prioritize and manage multiple tasks, and adapt to a fast-paced environment.
• Strong attention to detail, along with excellent communication and organizational skills.

Nice-to-haves

• Experience with QBO and NetSuite tools is preferred.

Benefits

• Competitive base salary ranging from $100,000 to $120,000.
• Healthcare coverage covering 80% of medical, dental, and vision insurance costs, including coverage for dependents.
• 401k plan for retirement benefits.
• Flexible paid time off days starting from day one of employment.