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Jr. Financial Analyst

Think of your favorite book from childhood. Got it? Great. Now, that warm, joyful feeling you have right now—that’s what we do. Literati is a modern children’s book company focused on helping kids fall in love with reading at every age and stage. We make it easy to find great books through our school book fairs, school store fundraising platform, and book clubs using a unique mix of expert curation and data science. We’re on a mission to help parents ignite a love of learning and a love of life.

As a Jr. Financial Analyst focused on supporting the finance and accounting team, you’ll be an essential part of driving data-informed decisions, optimizing financial processes, and tackling complex challenges with scaling a high-growth company. You’ll contribute directly to the company’s growth and profitability by supporting financial and operational decision-making, providing insightful variance analysis, and streamlining processes within the monthly close, ensuring accuracy and efficiency in reporting.

This role offers you exposure to high-impact projects, the chance to develop advanced modeling and systems skills, and the opportunity to work with a collaborative, high performing team.  This is the perfect role for someone eager to break into FP&A, develop a well-rounded skill set, and grow into a future finance leadership position

To be equitable to all Literatians, we have set compensation and a non-negotiation policy- we don't think a person’s pay should be determined by how comfortable they negotiate. As a result, we like to be transparent and up-front about the compensation. When we make an offer, we can provide options so that employees can choose between compensation packages that prioritize salary or equity. The salary band for this role will be between $60,000 - 70,000. This position is classified as exempt and is not eligible for overtime pay.


ABOUT YOU


You’re not just looking for a job; you’re seeking a role where your passion for numbers, storytelling through data, and drive for excellence can make an impact. You are detail-oriented, collaborative, and ready to embrace challenges with a proactive mindset. You find joy in uncovering insights that drive better decisions and in contributing to a mission-driven organization that transforms lives.

If you love rolling up your sleeves, tackling complex problems, and working in a dynamic, fast-paced environment, Literati may just be your perfect story.

REQUIREMENTS

  • BS or BA, preferably in Finance or a related field.

  • Basic understanding of accounting principles and financial statements.

  • Proficiency in Microsoft Excel

  • You’re data driven and have strong analytical skills

WE’D LOVE TO SEE

  • 1-2 Years of relevant experience in FP&A, Finance, Accounting, Banking or related role, experience in a startup environment is a plus

  • Familiarity with NetSuite or similar ERP systems

  • A self-starter with an entrepreneurial attitude, eager to take on new challenges and wear multiple hats

RESPONSIBILITIES

  • Assist the Finance and Accounting teams with the monthly close process

  • Interact and collaborate cross functionally with leaders across the organization on budgets including variance analysis 

  • Assist with creating and updating and maintaining financial models

  • Handle ad hoc requests, such as market research, profitability analysis

  • Play an integral role in the annual and seasonal budgeting processes 

  • Assist in tracking and forecasting operating expenses and other business costs

  • Reconcile financial data across systems to ensure accuracy and consistency

  • Partner with cross-functional teams to support operational and financial initiatives

Disclaimer: This job description is not intended to be an exhaustive list of all duties, responsibilities, or qualifications associated with the job. The employer reserves the right to modify this job description at any time.

ABOUT LITERATI

Literati was recently named Inc. magazine’s 7th fastest-growing company in Texas and 77th fastest-growing in the United States, as well as listed in Built In Austin’s 2022, 2023, and 2024 “Best Places to Work.” Jessica Ewing, Literati’s Founder and CEO, was named one of “Google’s Top 12 Most Innovative Minds” by Fast Company. We’ve raised over $60M in venture capital to date, with key investors including Founders Fund, General Catalyst, Felicis, 01A, and Stephen Curry’s SC30.

We offer competitive salaries, company equity, medical/dental/vision insurance, 401k, short-term disability insurance, parental leave, employee assistance programs, flexible work schedules, and untracked time off.

Literati is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

We are dedicated to cultivating and preserving a culture of inclusion and connectedness that sees, reflects, welcomes, and celebrates the innovation and talent of a diverse array of people. We seek people with drive and a touch of alchemy. We also recognize that some people—particularly underrepresented groups, women, BIPOC, and LGBTQ+—may not be comfortable applying to a position unless they meet 100% of the qualifications. Even if your experience isn’t a precise match for the role, we highly encourage you to apply. And if your career has taken you to some spectacular (or spectacularly strange) places, we love a good story.

Literati Glassdoor Company Review
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CEO of Literati
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Jessica Ewing
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Average salary estimate

$65000 / YEARLY (est.)
min
max
$60000K
$70000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Jr. Financial Analyst, Literati

Are you ready to kick-start your career in finance? Literati, a modern children's book company based in Austin, is on the lookout for an enthusiastic Jr. Financial Analyst to join our finance and accounting team. Imagine being part of a mission that not only helps kids fall in love with reading but also drives data-informed decisions that impact the company’s growth and profitability. In this role, you’ll dive into tasks like providing insightful variance analysis, assisting with the monthly close process, and streamlining financial reporting. We believe in a transparent compensation model and offer a competitive salary range of $60,000 - $70,000, alongside flexibility in compensation packages. We’re proud to support a culture of collaboration, where your analytical skills will shine as you work on high-impact projects and develop essential modeling skills. This isn’t just a job; it’s a chance to grow into a finance leadership role in a high-growth environment. If you have a passion for numbers, attention to detail, and a proactive mindset, we can’t wait to see what you will bring to Literati! Help us turn the page on the adventure of learning and storytelling through data.

Frequently Asked Questions (FAQs) for Jr. Financial Analyst Role at Literati
What is the role of a Jr. Financial Analyst at Literati?

As a Jr. Financial Analyst at Literati, you'll be essential in supporting financial decision-making through data analysis, assisting with the monthly close process, and collaborating with different departments on budgeting and forecasting. Your insights will directly contribute to the company’s growth and efficiency.

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What qualifications do I need to apply for the Jr. Financial Analyst position at Literati?

To be considered for the Jr. Financial Analyst role at Literati, you should have a BS or BA in Finance or a related field, a basic understanding of accounting principles, and proficiency in Microsoft Excel. Experience in FP&A or finance-related roles is a plus!

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How does the compensation work for the Jr. Financial Analyst position at Literati?

Literati prides itself on its transparent compensation model. For the Jr. Financial Analyst position, the salary band is between $60,000 - $70,000, and you will have options to choose a compensation package that prioritizes either salary or equity.

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What kind of experience should I have before applying for the Jr. Financial Analyst role at Literati?

While previous experience is not mandatory, having 1-2 years in FP&A, finance, accounting, or related fields would be beneficial. Familiarity with ERP systems like NetSuite is also a plus, especially if you're coming from a startup environment.

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What is the company culture like at Literati for the Jr. Financial Analyst?

At Literati, we foster a culture of inclusion, collaboration, and innovation. As a Jr. Financial Analyst, you’ll be part of a dynamic team where your contributions are valued and you will have the opportunity to work on high-impact projects that shape the company’s financial strategies.

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Can I apply for the Jr. Financial Analyst position if I don't meet all the qualifications?

Absolutely! Literati encourages candidates from all backgrounds to apply. If your experience is not a perfect match, but you’re passionate about finance and eager to grow, we highly recommend you submit your application.

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What opportunities for growth can I expect in the Jr. Financial Analyst role at Literati?

In the Jr. Financial Analyst role at Literati, you will gain exposure to high-impact financial projects, develop vital modeling skills, and work closely with a collaborative team, positioning you well for future growth into finance leadership roles within the company.

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Common Interview Questions for Jr. Financial Analyst
Can you explain your understanding of financial modeling as it pertains to the Jr. Financial Analyst role?

Financial modeling involves creating representations of a company's financial performance to aid in decision-making. As a Jr. Financial Analyst, you should be prepared to discuss how you can assist in creating and updating financial models to support various budget analyses.

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What experience do you have with budget planning or forecasting?

In your response, highlight any experience you have in working with budgets or forecasts. Detail how you participated in these processes, the tools you used, and any insights you provided that influenced financial decisions.

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Describe a time when you had to analyze complex data to make a recommendation.

Select a specific instance from your past experience where you tackled complex data. Explain the approach you took, the analysis methods you used, and how your recommendations impacted the organization positively.

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How do you prioritize tasks when working on multiple projects as a Jr. Financial Analyst?

Demonstrate your time management skills by outlining your approach to prioritization. You may want to discuss using a project management tool or creating a timeline that helps you stay organized and meet deadlines efficiently.

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What accounting software are you familiar with?

Discuss any previous experience you have with accounting software. If you have experience with NetSuite or similar ERP systems, highlight your proficiency and any functions that you find particularly useful in financial analysis.

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How do you ensure accuracy in your financial reports?

Speak about the meticulous processes you follow for data verification, such as double-checking calculations, validating data sources or utilizing Excel functions to prevent errors, ensuring your reports are reliable and accurate.

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Explain how your analytical skills have helped you in a past role.

Focus on a specific instance where your analytical skills led to a positive financial outcome. Quantify your success if possible, such as how your analysis helped reduce costs or identify new revenue streams.

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What interests you most about the Jr. Financial Analyst position at Literati?

Share your passion for the finance sector and how Literati’s mission resonates with you. Discuss your desire to contribute to an innovative environment that prioritizes education and your eagerness to grow within the company.

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How would you approach variance analysis in your role?

Describe the steps you would take, such as identifying discrepancies between actual and budgeted figures, collaborating with relevant departments for insights, and presenting your findings to the finance team clearly and concisely.

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What soft skills do you consider essential for a Jr. Financial Analyst?

Highlight soft skills such as communication, teamwork, and problem-solving. Provide examples of how these skills have aided your interactions and effectiveness in previous roles, especially in a collaborative setting.

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Our mission is simple: to ignite a love of learning and a love of life.

11 jobs
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BENEFITS & PERKS
Dental Insurance
Disability Insurance
Flexible Spending Account (FSA)
Vision Insurance
Family Medical Leave
Paid Holidays
FUNDING
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
November 25, 2024

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