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Full-Time

Finance Associate

Posted on 9/16/2024

TruckSmarter

TruckSmarter

51-200 employees

Digital platform for trucking operations management

Automotive & Transportation
Enterprise Software

Mid, Senior

Chicago, IL, USA

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Requirements
  • Bachelor’s degree in Finance, Accounting, or equivalent
  • 4+ years of relevant experience in investment banking, management consulting, strategic or investment finance, accounting, or FP&A
  • Advanced Excel skills and experience building models from scratch
  • Experience driving and executing on finance processes (e.g., budgets, financial reporting, performance analyses against forecast)
  • Experience with and interest in financial accounting
  • Sound business judgment and ability to bring clarity through business insights based on deep analytical rigor and attention to detail
  • Independent, motivated, and ready to be challenged by an unstructured and ever-changing environment
  • Ability to roll-up your sleeves to execute, prioritize tasks, and problem solve
  • Not afraid to ask probing questions and challenge existing processes
  • Ability to build relationships and work cross-functionally across multiple teams; you are seen as a trusted and objective advisor
  • Experience reading, analyzing, and negotiating legal documents
  • Understanding of risk, underwriting, and credit principles
Responsibilities
  • Drive ongoing finance processes (e.g., budgets, re-forecasts, monthly reviews, quarterly planning) to inform decision-making
  • Build and own models for in-depth analyses and forecasting, as well as ensure their quality, timeliness, and accuracy
  • Leverage your financial background to support and influence key strategic and business decisions
  • Assist in the company's accounting and financial close process
  • Improve operating teams’ understanding of financial statements and budget adherence with thoughtful and transparent analysis and partnership
  • Ensure accurate and timely financial reporting to internal and external partners
  • Support the design and optimization of finance processes and systems
  • Assist in corporate initiatives such as board meetings and fundraising
  • Manage the day-to-day requirements of the company’s debt facility

TruckSmarter is a digital platform that helps owner-operators in the trucking industry manage their operations more effectively. It provides a range of services including fuel savings, broker listings, and a load board that allows truck owners to find and book loads easily. The platform offers real-time information on loads and fuel prices, making it easier for independent truck owners and small trucking businesses to operate efficiently. Unlike its competitors, TruckSmarter is free to use and focuses on consolidating various services into one user-friendly platform, which has been praised for its excellent customer service and easy navigation. The goal of TruckSmarter is to support truck owners by providing them with the tools and information they need to succeed in a challenging industry.

Company Stage

Series B

Total Funding

$67M

Headquarters

San Francisco, California

Founded

2021

Growth & Insights
Headcount

6 month growth

-6%

1 year growth

5%

2 year growth

63%
Simplify Jobs

Simplify's Take

What believers are saying

  • The recent $50 million debt facility and $25 million Series B funding round provide substantial financial backing for expansion and innovation.
  • TruckSmarter's partnerships, such as with Maverik for cardless payments and discounts, enhance the value proposition for users.
  • The platform's comprehensive suite of services, including fuel savings, freight factoring, and banking services, makes it a one-stop shop for truck owners, increasing user retention and satisfaction.

What critics are saying

  • The logistics market is highly competitive, and maintaining a free platform may strain financial resources if not managed carefully.
  • Dependence on partnerships for revenue generation could be risky if any key partnerships dissolve or underperform.

What makes TruckSmarter unique

  • TruckSmarter offers a 100% free load board, which is a significant advantage over competitors who charge for similar services.
  • The platform's focus on owner-operators and small trucking businesses allows it to tailor its services specifically to this niche market, unlike broader logistics platforms.
  • TruckSmarter's excellent customer service, including direct human assistance, sets it apart in an industry often criticized for poor customer support.

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Benefits

Competitive salary & equity

100% of premiums, 75% for dependents

Unlimited PTO

Monthly wellness stipend

Desk budget

Parental leave

Relocation support to move to SF or Chicago

401(k) program

INACTIVE