Senior Financial Analyst - DACH

2 Months ago • All levels • Financial Analysis

Job Summary

Job Description

The Senior Financial Analyst will partner with operating and finance colleagues to support high-quality software businesses owned by Banyan Software. Responsibilities include preparing financial statements, board reporting, budgets, and KPIs; performing quality assurance on financial work products; analyzing budget-to-actuals and operational revenue and expenses; supporting the operational/financial integration of acquisitions; implementing process improvement initiatives; developing reports and dashboards for CEOs; documenting Standard Operating Procedures; and providing financial advice and guidance. This role offers an exciting opportunity to contribute to the growth of a fast-paced software consolidator.
Must have:
  • Proven experience in a finance/accounting role
  • Accounting designation
  • Solid working knowledge of accounting principles
  • Business level fluency in both spoken and written English and German
Good to have:
  • Experience with NetSuite, Sage Intacct or QuickBooks

Job Details

Banyan Software provides the best permanent home for successful enterprise software companies, their employees, and customers. We are on a mission to acquire, build and grow great enterprise software businesses all over the world that have dominant positions in niche vertical markets. In recent years, Banyan was named the #1 fastest-growing private software company in the US on the Inc. 5000 and amongst the top 10 fastest-growing companies by the Deloitte Technology Fast 500. Founded in 2016 with a permanent capital base setup to preserve the legacy of founders, Banyan focuses on a buy and hold for life strategy for growing software companies that serve specialized vertical markets.

Job Profile:

This is an exciting and entrepreneurial opportunity to join a fast-paced software consolidator with a significant growth trajectory. The Senior Financial Analyst will report to the Finance Manager or designate. This role will focus on partnering with operating and finance colleagues to support high-quality software businesses owned by Banyan Software. The position is ideal for an individual that has the interest and aptitude to be involved in all aspects of finance operations, including revenue recognition, accounts payables and expenses, cash management, financial reporting, and analysis, as well as systems. This finance group also aims to play a “value added” role by leveraging financial and other data to drive shareholder value.

Responsibilities:

  • Prepare timely and accurate GAAP financial statements, board reporting, budgets, and KPIs of operating companies to drive growth and smart decision-making.
  • Perform quality assurance on finance and accounting work products (e.g., reviewing GL postings for accuracy, monitoring revenue recognition, refining variance explanations in reporting).
  • Contribute to the operational performance of operating companies through analysis of budget-to-actuals, benchmarking against portfolio, operational revenue and expense analysis, and insights that further facilitate decision making.
  • Partner with M&A colleagues and support the operational / financial integration of acquisitions
  • Implement process improvement  initiatives contemplated in M&A business cases.
  • Development of ad hoc reports & dashboards to help CEOs with monitoring their businesses
  • Document Standard Operating Procedures (SOPs) to promote best practices and efficiency across the portfolio.
  • Provide financial advice and guidance to business as requested

Qualifications for success:

The ideal candidate for the role will possess the following characteristics:

  • Proven experience in a finance/accounting role
  • Accounting designation, with an academic background in accounting or finance ideally
  • Solid working knowledge of accounting principles and practices
  • Experience with NetSuite, Sage Intacct or QuickBooks is an asset.
  • Excellent attention to detail and ability to manage multiple priorities.
  • Highly motivated and energetic with interest in entrepreneurship, software, and finance
  • Business level fluency in both spoken and written Engish and German.

Location + Travel

  • Our DACH head office is central Munich and candidates should be comfortable working from the office at least two days per week, with at least one fo these days being a Tuesday and Thursday).
  • Extensive travel is not expected in this role, but there may be a need to travel to our European entities or our global HQ in Toronto, Canada a couple of times a year.

 

*Please submit your application in English, which is Banyan's internal business language*

Diversity, Equity, Inclusion & Equal Employment Opportunity at Banyan: Banyan affirms that inequality is detrimental to our Global Teams, associates, our Operating Companies, and the communities we serve. As a collective, our goal is to impact lasting change through our actions. Together, we unite for equality and equity. Banyan is committed to equal employment opportunities regardless of any protected characteristic, including race, color, genetic information, creed, national origin, religion, sex, affectional or sexual orientation, gender identity or expression, lawful alien status, ancestry, age, marital status, or protected veteran status and will not discriminate against anyone on the basis of a disability. We support an inclusive workplace where associates excel based on personal merit, qualifications, experience, ability, and job performance.

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About The Company

Banyan Software provides the best permanent home for successful enterprise software companies, their employees, and customers. We are on a mission to acquire, build and grow great enterprise software businesses all over the world that have dominant positions in niche vertical markets. Founded in 2016 with a permanent capital base setup to preserve the legacy of founders, Banyan focuses on a buy-and-hold-for-life strategy for growing software companies that serve specialized vertical markets. As a purpose-driven company, Banyan is committed to making an enduring, positive impact on the world.

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