Senior Financial Analyst, Lyft
Revenue
3 days a week in office
Ride sharing company
Job no longer available
Ride sharing company
1001+ employees
Job no longer available
3 days a week in office
1001+ employees
Company mission
To improve people’s lives with the world’s best transportation.
Role
Who you are
- The ideal candidate should have solid analytical, communication, and time management skills, as well as being team-oriented and employing a strong work ethic
- A Bachelor's degree in a quantitative field (e.g Economics, Computer Science, Mathematics, or Finance) with at least 4 years of experience in financial planning and analysis, preferably in a dynamic and challenging environment
- Demonstrated ability to develop complex financial models, with excellent quantitative analysis and forecasting skills
- Proven capability to work effectively in a fast-paced, team-oriented environment
- Comfort in dealing with ambiguity and the ability to derive insights from incomplete information
- A detail-oriented, highly organised self-starter with the ability to manage overlapping tasks and frequent priority changes
- Familiarity with SQL and ERP systems, such as Oracle Essbase or Anaplan, is preferred
What the job involves
- Lyft’s FP&A team is looking for a Senior Financial Analyst to join our Rideshare team
- The Rideshare team supports all things related to servicing rides through the Lyft platform
- This role will work cross-functionally across FP&A and the business to develop and manage forecasts and financial analytics with a focus on enhancing financial visibility and insights into the business
- Additionally this position will call for direct partnership with Customer Market Management, Rider Pricing and Driver Earnings teams to drive robust forecasting and analytics for Revenue
- Defining key metrics and producing accurate reports and data analysis to meet contractual and regulatory requirements
- Coordinating with internal systems and financial analytics teams to refine forecasting of estimated actuals
- Supporting Rideshare Post-Marketing Margin (PMM) modelling and forecasting efforts
- Providing expert financial analysis and support for ad-hoc requests
- Acting as a subject matter expert in finance for gross bookings, driver earnings and marketplace dynamics
Our take
Lyft has aimed for consistent growth, making sure to pitch itself as a more reliable and friendly ride-sharing option than its main competitor, Uber. Uber has a greater market share and operates globally, but Lyft hopes to compete by its focus on ride-sharing over Uber's more diversified business approach and as a more rider-friendly and greener alternative to Uber.
Operating only in the USA and Canada, Lyft is in a position of being less affected by global events than Uber but also more vulnerable to local conditions. As an example, while it doesn't face the regulatory hurdles around employment rights that Uber does, it is unable to balance out the cost of the unusually expensive US auto insurance across its operations.
In 2022, Lyft acquired PBSC Urban Solutions, a bike-share equipment and technology supplier, allowing Lyft to compete in new verticals and reaffirming its commitment to green transportation. It has also trialled and launched Lyft Assisted, where drivers help passengers from their door into the car to get to medical appointments. These developments chime well with Lyft's unique selling point as a friendlier and more environmentally aware ride-sharing app, whilst the acquisition of European competitor Freenow could add 6 million new riders to its platform in 2026.
Steph
Company Specialist at Welcome to the Jungle
Insights
-2% employee growth in 12 months
Company
Funding (last 2 of 14 rounds)
Jun 2018
$600m
LATE VC
Mar 2018
$200m
LATE VC
Total funding: $4.9bn
Company benefits
- Great medical, dental, and vision insurance options
- Mental health benefits
- In addition to 12 observed holidays, salaried team members have unlimited paid time off, hourly team members have 15 days paid time off
- 401(k) plan to help save for your future
- 18 weeks of paid parental leave. Biological, adoptive, and foster parents are all eligible
- Pre-tax commuter benefits
- Lyft Pink - Lyft team members get an exclusive opportunity to test new benefits of our Ridership Program
- Family building benefits
- Lyft Pink - Lyft team members get an exclusive opportunity to test new benefits of our Ridership Program
Company HQ
China Basin, San Francisco, CA
Leadership
John Zimmer
(Co-Founder)Originally an Analyst at Lehman Brothers, Zimmer then founded Zimride which was a private ridesharing company that pivoted into Lyft.
Logan Green
(Co-Founder)Founded Zimride, a private ridesharing company which later pivoted into Lyft.
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