Senior Financial Analyst, Lyft
Strategic Finance, Rideshare Product
CA$115-143.8k
Ride sharing company
Open for applications
Ride sharing company
1001+ employees
Open for applications
CA$115-143.8k
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
- BA/BS with 4+ years of experience in Investment Banking, Private Equity, Strategy Consulting, or Strategic Finance in a tech company
- Track record of all-in ownership and delivering impact
- Demonstrated experience in developing complex financial models; excellent quantitative analysis and forecasting skills
- Ability to work in a fast-paced, team environment
- Comfort with ambiguity and proven ability to make progress/drive insights with incomplete information
- Prior experience working with multiple business stakeholders with varying goals and interests
- Strong interpersonal and communication skills, with the ability to influence effectively across various departments and levels
- Detail oriented and highly organized self-starter, ability to track overlapping tasks and assignments, while managing frequent priority changes
- Desire to dive right in and get your hands dirty
- Proficiency in SQL with 2+ years of experience working with large data sets
- Extremely detail oriented and highly organized
What the job involves
- Strategic Finance Team is integral to driving executive decision-making at Lyft. The team is embedded within the business to partner closely with various leaders and ensure we maximize the impact of our capital investment
- Lyft’s Strategic Finance team is looking for a Senior Financial Analyst to join our Rideshare Product finance team
- The Strategic Finance - Rideshare products team supports all things related to building and launching products, and serving rides through the Lyft platform
- Directly support product initiatives and related cross functional stakeholders by providing world-class financial modeling, analysis, and reporting
- Create Product-level P&Ls to provide insight into financial performance and business impact
- Prepare executive-level financial reviews, highlighting key trends
- Analyze product initiatives to drive strategic business decisions and hold the stakeholder accountable
- Collaborate across Product, Data Science, FP&A, and Business Operations to understand the performance and provide insights presented to executive leadership
- Own reporting of key financial data used for operational decision-making
- Improve financial processes and work with the System team to implement improvements to support growth at scale
- Assume ownership and utilize problem solving skills for ad-hoc projects
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 trialed 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.
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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