Position: Financial Analyst
Department: Finance & Operations
Status: Full Time
Reports to: Chief Operating Officer
Location: Washington, DC or Hong Kong
Are you ready to revolutionize global education? We're on a mission to provide transformational, personalized learning experiences that prepare students for professional success in the 21st century.
Our team has spent the last ten years building a new model of higher education for students in East Africa. After a decade of impact and success, we are launching Davis College, a new global co-ed network of universities. We're expanding access to more students than ever, and will offer degrees to male and female students. We have an ambitious vision for scale of our unique model of personalized and affordable higher education, while maintaining Akilah as a unique campus for female leaders.
Davis College Hong Kong and Davis College Rwanda will open in 2020. By 2030, we will open 10 Davis College campuses in Asia and Africa and educate 1 million students.
Our pillars (21st-century skills, personalized learning, innovation, ethical leadership, and sustainability) underpin all of our academic programs and serve as our guiding light during this phase of rapid expansion. We're committed to equipping students with the knowledge and skills needed to thrive in careers in the fastest growing sectors of the economy. Will you join us?
The Financial Analyst will partner with and support the CEO, COO and Global Executive Team by developing financial models and scenario analyses to facilitate strategic decision making. The Financial Analyst will own financial modeling, ad hoc business analyses, financial reporting, forecasting and annual budget process for Hong Kong Operations, M&A support, and all reporting for lenders and external investors.
Continue to build, maintain, update and improve the existing Davis College long term financial operating model.
Using the information that is available, produce accurate and reliable income statement, balance sheet, and cash flow projections on both a US GAAP and Statutory accounting standards for multiple entities.
Provide financial model sensitivity analyses on various operating scenarios including tuition price, student volume and faculty ratios.
Prepare financial models and budgets to assist the New Ventures team in vetting and launching new businesses.
Update and monitor the unit economics for each campus. This will involve understanding the variable and fixed costs, key drivers and operating metrics.
Budgeting, Financial Reporting & Analysis
Update 6-month rolling cash flow projections to ensure adequate cash on hand for Hong Kong activities
Prepare timely and accurate monthly financial statements and analysis for Davis College Hong Kong
Lead budgeting process for Davis College Hong Kong, including reconciliation to the financial model
Reconcile the annual budgets for Davis Global and Davis College Rwanda to the financial model prior to budget approval
Analyze the key financial drivers and metrics vs historical performance, budgets, forecasts, and strategic plans and communicate results to the Global Executive Team for decision support, financial model reviews and operational reviews
Special projects, analysis and financial research as requested by the CEO, COO or other Executive Team members
Assist with the setup of an employee stock option plan
Other projects and tasks as assigned
Education & Experience Requirements
Bachelor's degree in accounting, finance or related field, MBA or CPA a plus
Minimum of three years of experience in modeling and providing sensitivity analysis
Our Ideal Candidate:
You are an EXCEL and financial modeling ninja. You can create flexible financial models where multiple variables can be changed frequently and easily. You are unafraid of change.
You can present financial information in a clear and concise manner.
You have a deep understanding of corporate finance, financial returns analysis, and company capitalization structures.
You are skilled at moving quickly, prioritizing critical tasks with grace and tenacious follow up in a fast-paced startup environment.
You have a demonstrated ability to prepare income statement, balance sheet and cash flow modeling.
You have an entrepreneurial mindset and the maturity to work independently and manage complex situations.
You have an understanding of, and experience with, the operating requirements of a private startup business during a growth phase.
You have proven and demonstrable analytical capabilities, experience in conducting research and the ability to extract relevant data points from imperfect sets of information.
You are comfortable with ambiguity; you can handle the unexpected with flexibility.
You are relentlessly resourceful and refuse to be slowed down by anything in your way.
You push to get access to the resources you need, can contribute unsustainable effort when the situation calls for it, and be creative in finding ways to remove blocks.
You are exceptionally motivated by the idea of building a global community of lifelong learners. This is not a 9-to-5 position and we are not a 9-to-5 company. You can lead by example and be ready to do whatever it takes to ensure success.
You are an enthusiastic proponent and impeccable user of all systems available to you to continually drive improvements in operational efficiency.
You are skilled at cross-functional collaboration and execution.
You possess a high level of emotional intelligence and the ability to earn the trust of your manager, team, and other executives.
You approach your work with a commitment to building a positive organizational culture that values continuous learning, excellence, transparency, honest feedback, perseverance, and sense of humor.
You're passionate about developing your skills. You listen to constructive feedback, aim for improvement, and give yourself room to feel satisfied with what you've accomplished.
You love taking ideas and running with them. You can draw the owl and complete projects without an exact roadmap for how to get them done.