Financial Analyst, Lyft
CA$90-112.5k
More information about location
Ride sharing company
Posted today
Ride sharing company
1001+ employees
Posted today
CA$90-112.5k
More information about location
1001+ employees
Company mission
To improve people’s lives with the world’s best transportation.
Role
Who you are
- The ideal candidate will bring natural curiosity, financial rigor, and a continuous improvement mindset to the team driving financial analysis in support of strategic decision making at Lyft
- BA/BS with 2+ years of experience in financial planning and analytics in a rigorous environment (Large company experience preferred either public or private)
- Ability to work in a fast-paced, team-based environment with minimal supervision
- Detail oriented and organized self-starter with a drive to dig into complex problems
- Ability to organize overlapping tasks and assignments, with frequent priority changes
- Excellent analytical and problem-solving skills
- Basic SQL knowledge or a strong willingness to learn SQL
- Expert in financial modeling with experience manipulating large data sets, and building
- Strong G-Sheet and Slide skills is a plus, excel / PPT is ok
- Strong interpersonal and communication skills, with the ability to communicate and influence effectively across various departments
What the job involves
- Lyft is seeking a Financial Analyst on our Strategic Finance Team focusing on AV partnerships
- Directly support the AV business by partnering with cross-functional teams such as Marketplace, Data Science, and Product to optimize financial outcomes and drive transparency/accountability on results
- Lead in-depth financial analysis, cost-benefit analysis, and ROI evaluations to support decision-making processes and provide insights to business leaders
- Develop sustainable financial data management/sourcing practices to enable our team and business partners to move fast
- Prepare and own periodic financial business reviews, highlighting key areas of focus
- Own the monthly & quarter-end close process end-to-end for AVs, flagging any potential issues/risks through timely variance analysis
- Maintain a deep understanding of our financial processes and refine/standardize them across broader FP&A organization to scale with the growth of the company
- Partner closely with the accounting team during the month-end close process to ensure accurate general ledger and financial statement reporting
- Undertake interesting and impactful ad hoc analytics and special projects as directed by Leadership
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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