Financial Analyst

At Devoted Studios, we are a codev studio specializing in production management and external development for video games. Our goal is to create conditions and tools to empower decentralized game production and provide a level playing field for global talent to contribute to their dream game projects. By decentralizing game development, we aim to create equal opportunities for all. We work in partnership with over 1400 programmers, artists, and designers, ranging from freelancers to small studios, located across the globe. Our role involves not only matching them with project opportunities but also overseeing the entire production process from start to finish.

*This is a remote, full-time contracted position

As a Financial Analyst, you will oversee all management accounting systems in Google Sheets and ensure the daily reliability, accuracy, and completeness of financial data. You will conduct internal audits of accrual and cash-basis accounting records to ensure the accuracy of transactions used in management reporting. Daily tasks include maintaining the Sales and Revenue Management Dashboard, Project Register, Project Margins Report, and Production Register, ensuring data integrity and model coherence. You will also manage the expense approval workflow and propose improvements for reporting systems to enhance data quality. On a monthly basis, you will handle tasks like updating Win Rate and Budget Models, managing month-end closing procedures, verifying JIRA time logs, and importing wage accruals. Additionally, you will generate journal entries for revenue recognition, direct costs, and overhead allocation. You will maintain consolidated financial statements, including GL, Trial Balance, SPL, SOFP, and SCF, and report directly to the Senior Financial Analyst.

Candidate Requirements

• Education:

• Master’s degree in Accounting, Finance, or a related field

• Experience:

• 3+ years of balanced quality experience in accounting, audit, or corporate finance roles
• Proven experience in financial modeling with complex formulas in Microsoft Excel and Google Sheets
• Good knowledge of core IFRS standards and month-end closing procedures
• Experience with accounting software such as QuickBooks or MS Dynamics is an advantage
• Experience in automating accounting and management reporting processes and systems is an advantage

• Hard Skills:

• Strong fundamental knowledge and understanding of financial statements, financial reporting mechanisms, cost accounting, and profitability analyses
• Reasonably good proficiency in financial modeling in Microsoft Excel and Google Sheets
• Knowledge of core financial reporting standards under the IFRS framework

• Soft Skills:

• High attention to detail and accuracy in financial data
• Ability to assume ownership and accountability for the results
• Strong communication and interpersonal skills
• Ability to work collaboratively with cross-functional teams
• Problem-solving mindset and ability to drive continuous improvement
• Ability to work in a dynamic start-up environment, while retaining focus and being flexible

• Location:

• Ukraine (full-time remote)

Responsibilities:

• I. Continuous:

1. Maintain technical ownership over all management accounting systems in Google Sheet models: Ensure daily reliability, accuracy and completeness of data (daily). 

Conduct internal audit procedures in QBO over accrual-basis and cash-basis accounting records and cash balances. Ensure reliability and accuracy of financial accounting transactions being used for management reporting systems (daily/weekly/monthly).

• II. Daily Tasks:

1. Maintain/update the ‘Sales and Revenue Management Dashboard’ - add new estimation requests, contract amounts and dates, respond to BD queries. Maintain accuracy, internal controls, and quality over the entire model.
2. Maintain/update the ‘Project Register’ - add new projects, adjust project statuses, import approved customer estimations, import approved customer and vendor time reports, adjust expected completion dates, add a planned revenue and COGS recognition schedule. Monitor internal control accuracy and coherence of the entire Project Register model. Later on - perform similar procedures in MS Dynamics Project Management Module, in addition to Project Register.
3. Maintain/update the ‘Project Margins Report’ and ‘Production Register’ - ensure data accuracy and completeness for margin analytics, the technical validity and coherence of the entire model.
4. Process expense approval workflow - budget control stage in JIRA, MS Dynamics.
5. Generate advice with regards to management reporting system improvements and data collection/validation improvements, to reduce errors, increase data quality and analytical usefulness, and make data-driven decisions.
6. Manage other new integrations or new management reporting or FP&A models, as might be required.

• III. Monthly Tasks:

1. Update the ‘Win Rate Analytics’ Model
2. Maintain/update the Budget Models for Departments
3. Maintain/update the Budget Models for Divisions
4. Conduct month-end closing procedures in management reporting and cost accounting:
1. Confirm the completeness and accuracy of JIRA time logs for production employees
2. Confirm the completeness and accuracy of JIRA projects subject to revenue recognition
3. Import time logs for all production employees from JIRA into the Project Register
4. Import wage accruals for all production employees from accounting records into the Project Register
5. Allocate wages of all production employees among projects based on project-specific time logs
6. Review each Project Register Tab for accuracy and control checks
7. Generate JEs for recognized revenue, contract assets, contract liabilities, by projects, based on the % of completion
8. Generate JEs for recognized direct costs (cost of sales) matched with the recognized revenue, and respective capitalized costs (asset) and accrued expenses (liability) by projects as of the month-end
9. Allocate overhead production expenses by nature of expense: unallocated costs (bench), estimation costs, production management costs,cost on internal tasks
5. Maintain/update a full set of financial statements in the management reporting package
1. Consolidated GL and Trial Balance
2. Consolidated cash balances by legal entities, financial institutions, and types of financial assets
3. Consolidated SPL, SOFP, and SCF - actuals, after the books are closed
4. Consolidated SPL - forecast, at the reporting month-end
5. Disclosures
6. Report to and perform tasks as assigned by the Senior Financial Analyst. 

• Strong and enthusiastic team – you will have the opportunity for knowledge sharing, learning, and professional self-development
• Interesting and challenging tasks – solve diverse and difficult issues, communicate with people within the company as well as with our partners;
• Convenient working conditions – remote work, the opportunity to build your own working day with flexible working hours, pto's, sick day leaves.
• А chance to work in a highly professional and dynamic team working with a wide range of International Game Production projects, attractive remuneration package, and opportunities to develop professionally.

This is a remote, full-time contracted position.

We are an equal opportunity company and all qualified applicants will receive consideration for a contract without regard to race, color, religion, sex, national origin, gender identity, disability, protected veteran status, or any other characteristic protected by law.