Internship

FP&a Intern

Posted on 8/13/2024

Odeko

Odeko

51-200 employees

Streamlines operations for coffee shops

Compensation Overview

$15/hr

New York, NY, USA

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
NetSuite
SQL
Looker
Data Analysis
Excel/Numbers/Sheets
Requirements
  • Bachelor's or Master’s degree in an analytical field or similar (or in pursuit of such degree)
  • High-level of proficiency in Microsoft Excel/Google Sheets utilizing pivot tables, and formulas like Index Match, SumIfs, Sum Product, VLookups and arrays
  • Proficiency in SQL, Netsuite, Looker and Adaptive (or similar tools) is a big bonus
  • Strong understanding of financial statements
  • Clear and effective verbal and written communication skills
  • Highly motivated, reliable, and detail-oriented – able to adapt and thrive in a fast-paced environment
  • Ability to rationalize and solve complex business problems, including scenarios with imperfect or ambiguous data
Responsibilities
  • Support day-to-day needs of the FP&A team
  • Update and maintain excel models
  • Support financial month-end close process by running reports and deep diving anomalies
  • Conduct thoughtful, data-driven analysis and communicate results to FP&A team
  • Support the workflow required to add, and edit, SKU pricing
  • Own and maintain budget workbooks, collaborating with respective department leaders as a key finance business partner to ensure accurate and timely budget submissions of operating expenses and headcount

Odeko helps small businesses, particularly independent coffee shops, streamline their operations with an all-in-one dashboard for ordering and vendor management, saving clients about 10 hours a week. By consolidating deliveries, Odeko reduces carbon emissions by 66% and enables clients to save 21% on costs, potentially increasing their annual profits by 5%. Unlike competitors, Odeko focuses on empowering small businesses without compromising their unique qualities, operating on a subscription-based model. The company's goal is to support its customers' success while fostering innovation through diversity and inclusivity.

Company Size

51-200

Company Stage

Debt Financing

Total Funding

$399M

Headquarters

New York City, New York

Founded

2019

Simplify Jobs

Simplify's Take

What believers are saying

  • Odeko raised $126M in Series E funding, enhancing growth and innovation.
  • The rise of ghost kitchens offers new opportunities for Odeko's integrated solutions.
  • Digital transformation in small businesses aligns with Odeko's operational streamlining services.

What critics are saying

  • Increased competition from Dripos could threaten Odeko's market share.
  • Integration of Butter Insurance may divert focus from core operations.
  • Ghost kitchens trend may shift market dynamics, impacting Odeko's client base.

What makes Odeko unique

  • Odeko's platform saves clients 10 hours weekly by streamlining vendor management.
  • The company reduces carbon emissions by 66% through consolidated deliveries.
  • Odeko's bulk purchasing power saves clients 21% on goods, boosting profits by 5%.

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Benefits

Competitive salaries

401K

Equity opportunities

Comprehensive and affordable medical, dental, and vision benefits. HSA, FSA available

Fitness benefits

Wellness programming

Unlimited vacation

Paid gender neutral parental leave

Fully remote team

Stipend for WFH set-up

Employee Resource Groups

Actively growing D&I initiatives

Bi-annual reviews

Professional growth stipend

Personal growth programming

Growth & Insights and Company News

Headcount

6 month growth

7%

1 year growth

10%

2 year growth

10%
Business Wire
Mar 5th, 2025
Odeko Raises $126 Million in Series E Funding to Empower Independent Food Businesses and Fuel Their Growth

NEW YORK--(BUSINESS WIRE)--Odeko, the all-in-one operation and technology partner for thousands of local coffee shops, cafes, and other food and beverage businesses, today announced it has raised $126 million in Series E funding, comprised of $96 million in equity led by B Capital and a $30 million credit facility from

Latest Nigerian News
Mar 5th, 2025
NYC-based Odeko, which sells smart operations software to independent coffee shops and cafes, raised a $126M Series E, including $96M in equity and $30M in debt (Richard Collings/Axios)

NYC-based Odeko, which sells smart operations software to independent coffee shops and cafes, raised a $126M Series E, including $96M in equity and $30M in debt (Richard collings/axios).

Tech News 180
Mar 4th, 2025
How Odeko's $126M Series E Will Help Independent Food Businesses

Odeko has raised $126 million in Series E funding, combining $96 million in equity led by B Capital and a $30 million credit facility from Banc of California.

Nation's Restaurant News
Mar 4th, 2025
E-commerce startup Odeko raises $126 million in series E funding

Odeko also announced that it acquired specialized platform, Butter Insurance

TechCrunch
Apr 24th, 2024
Dripos raises $11M Series A to replace Square, Toast and 8 other pieces of software

As a combined entity, Odeko subsequently raised tens of millions of dollars in venture-backed funding.

INACTIVE