Senior FP&A Analyst, Newsela
$82.6-108.5k
+ Incentive stock options
Online platform for education content
Be an early applicant
Online platform for education content
201-500 employees
Be an early applicant
$82.6-108.5k
+ Incentive stock options
201-500 employees
Company mission
To provide meaningful classroom learning for every student.
Role
Who you are
- You’ll manage and enhance forecasting models to ensure we are managing revenue and expenses with a high degree of accuracy, and perform analysis to help guide the business on key decisions
- You will be a trusted advisor partnering across the organization, using your exceptional communication skills to translate complex financial concepts across a variety of audiences
- You’ll help drive the refinement of a best-in class cloud FP&A system and the operational models that support it
- You will actively participate in identifying opportunities to improve the efficiency of the entire FP&A team and how we work
- You’ll have exposure to executive leadership, with the opportunity for growth in supporting other areas of the business
- You will support the research and development teams that are building the products that fuel Newsela’s growth
- You will have an invaluable opportunity to participate in the digital transformation of the K-12 education market
What the job involves
- We are seeking a Senior Financial Planning & Analysis (FP&A) Analyst to join our Finance team
- In this role, you’ll be a key business partner helping drive the budget and forecasting process for various departments, you will review the financial performance and forecasting accuracy throughout the year, and provide key insights to the leadership to help drive strategic decision-making
- Lead monthly, quarterly, and annual financial forecasting, budgeting, and variance analysis, and interface with those business leaders to provide reporting and analysis as needed
- Build dynamic financial models for revenue, expenses, headcount, and cash flow
- Prepare content for Board reporting and investor reporting packages and communicate such information directly with our investors
- Prepare KPI reporting and ad-hoc analysis, which will require you to work independently and apply strong analytical judgment and problem-solving, to help guide business decisions
- Lead enhancement efforts around our use of financial systems, tools, and reporting automation (e.g., NetSuite, Adaptive Insights)
- Finally, you will support the continuous improvement of monthly and quarterly reporting, perform administrative activities to support and enhance our FP&A system, and participate in process improvement initiatives to support our growth and efforts to scale as an FP&A team
Our take
While textbooks have been standard issue in classrooms for centuries, digital instructional materials are now more prevalent. Newsela offers a learning platform that curates and rewrites news articles, historical speeches, and scientific papers to help accelerate learning.
The platform is available in both English and Spanish and includes quizzes, exercises, and writing prompts to help engage students at any level. Millions of teachers and K-12 students use the platform, which has proved extremely popular so far.
In 2021, the company reached unicorn status. Since then, research has shown that Newsela is 70% more effective at promoting reading skills compared to an average summer reading program. This demonstrates the value it brings to the space, and places it well for continued expansion and innovation.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
16% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Feb 2021
$100m
SERIES D
Mar 2019
$50m
SERIES C
Total funding: $172.2m
Company benefits
- Healthcare (pets included)
- Continue your learning - on us!
- Discounts and resources to stay healthy
- Commuter savings (trains/bikes)
- Generous time off for your most important job — maternity, paternity, and adoption
- Unlimited time Off
Company HQ
Theater District, New York, NY
Leadership
Dan Cogan-Drew
(Co-Founder & Chief Academic Officer)A qualified teacher with extensive and varied experience. Recent roles include Director of Programs at EDUCATION CONNECTION and Director of Digital Learning at Achievement First Public Charter Schools.
Matthew Gross
(Co-Founder & Director)Former CEO of the company. Co-founded and was CEO at Grouper Education. Was also a Board Member at New Classrooms, Executive Director at Regents Research Fund and VP at PENCIL.
Pep Carrera
(CEO)Board Member at Follett Higher Education. Was CEO at Nearpod, President at ProQuest, and President and COO at VitalSource Technologies.
Share this job
View 5 more jobs at Newsela