Junior Financial Analyst, 1Password
$59-79k
$59,000CAD and $79,000CAD. + Equity
A tool that helps people stay safe online.
Job no longer available
A tool that helps people stay safe online.
1001+ employees
Job no longer available
$59-79k
$59,000CAD and $79,000CAD. + Equity
1001+ employees
Company mission
To build a safer, simpler digital future for everyone.
Role
Who you are
- Bachelor's Degree in Commerce, Accounting or Finance
- Experience with Excel is a must
- 1-3 years experience in Financial Analysis
- Strong strategic thinking and analytical skills
- Detail-oriented, self-starter, and comfort with ambiguity
- Experience with budgeting and forecasting preferred
- Experience with Finance and planning tools (NetSuite, Anaplan)
What the job involves
- The FP&A Financial Analyst will report to the Manager, Corporate Financial Planning & Analysis and help the team deliver comprehensive financial analysis at 1Password
- Manage the reporting and forecasting of the income statement, specifically operating expenses
- Produce monthly reports, including key metrics, financial results, and variance reporting for internal and external stakeholders
- Track and determine financial status by analyzing actual results against budget and forecast
- Assist the team in annual budgeting and quarterly forecasting processes, by working directly with internal stakeholders to understand the unique budgetary needs of specific departments and incorporating into the financial plan
- Support the team in the preparation of monthly/quarterly discussion materials for investors, the executive team, and the Board
- Automate and optimize data flows between various financial and enterprise systems allowing for sustainable and scalable reporting
- Reconcile headcount and financial data between various FP&A’s forecasting tools
- Maintain the chart of accounts and organizational structure in Anaplan
- Understand accounting policies (IFRS) and ensure accurate reflection in the various planning and reporting tools
- Assist with the implementation of new processes, initiatives, and tools
Our take
The continuation of remote and hybrid working, the rapid adoption of cloud apps and the acceleration of work-related burnout are trends combining to generate increasing demand for 1Password’s core service: password management.
Having started with a simple product for consumers, the company has now built out an impressive enterprise offering with over 100,000 business customers. However, its roots in B2C have arguably led to their B2B success with bottom-up adoption in large companies and a vibrant community of enthusiasts around the product.
The company is now looking to drive continued growth with an expansion of engineering and product teams to build out the portfolio of products. In particular, password management opens the door to new types of insights around unused accounts, low-security risk criteria, and unauthorized applications which are invaluable for security teams. Its continued improvements to its iOS and Android offerings prove its adaptability to mobile consumer behaviours.
These offerings put the company on a collision course with established enterprise companies like Okta and CyberArk. However, 1password’s leadership hopes its superior user experience, exemplified by a 2024 launched global partner programme of sales marketing and enablement resource toolkits will underscore its nimble approach and help it win out in the lucrative cybersecurity space.
Steph
Company Specialist at Welcome to the Jungle
Insights
96% employee growth in 12 months
Company
Funding (last 2 of 3 rounds)
Jan 2022
$620m
SERIES C
Jul 2021
$100m
SERIES B
Total funding: $920m
Company benefits
- Maternity and parental leave top-up programs
- Wellness spending account
- Generous PTO policy
- Company-wide wellness days off scheduled throughout the year
- Comprehensive health coverage
- Employee stock option program for all full time employees
- Retirement matching program
- Training budget, 1Password University access, and learning sessions
- Free 1Password account (and friends and family discount!)
- Paid volunteer days
- Employee-led DEIB programs and ERGs
- Fully remote environment
- Peer-to-peer recognition through Bonusly
- Home office spending account
Company HQ
Yonge-Bay Corridor, Toronto, ON
Leadership
Jeff Shiner
(CEO)Currently on the Board of Directors at GenomOncology. Previously Partner at Rosetta and Senior Development Manager at IBM Canada Ltd.
Roustem Karimov
(Founder)Currently Founder at Smart Moose Canada. Previously Consultant at WorldVision Canada, Java Developer at Sony and a Web Application Architect at AC Nielsen Canada.
Dave Teare
(Founder)Currnetly a Technical Solutions Provider at Teare Software Solutions Inc. Previously CTO at Agile Web Solutions,Technical Architect at World Vision Canada and a Software Engineer at IBM Canada.
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