Sr. Financial Analyst

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,