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Full-Time

Sr. Financial Analyst of Business Units

Posted on 6/27/2024

Alarm.com

Alarm.com

1,001-5,000 employees

Integrated smart security solutions for businesses

Data & Analytics
Hardware
Consumer Software
AI & Machine Learning
Consumer Goods

Senior

Vienna, VA, USA

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Communications
Management
Mergers & Acquisitions (M&A)
Requirements
  • 4-6 years of total experience, preferably in technology-focused corporate finance, public accounting, or equity analysis
  • Bachelor’s in Finance or similar
  • Strong financial systems skills, including advanced Excel
  • Experience working a high growth company or division and working closely with operating managers throughout an organization; corporate finance experience within a SaaS business strongly preferred
  • Demonstrated ability to define problems, collect data, establish facts, solve problems, draw valid conclusions, and make actionable recommendations in a timely and accurate manner
  • Excellent written and oral communications skills
  • Must be hands-on and comfortable working independently
Responsibilities
  • Provide management reporting on financial, operational, and revenue acquisition performance metrics to business unit executives and FP&A management
  • Contribute to plan execution by identifying and monitoring key financial and operating metrics, establishing inter-departmental relationships, and internal reporting cadences with assigned business units
  • Aid in the production of both long- and short-term operating plans, ensuring strong linkage between the operating plan, short term tactics, and long-term strategy
  • Prepare materials and coordinate business unit QBRs with management
  • Analyze monthly, quarterly, and annual results against budget and forecasts
  • Develop and implement methods and techniques to improve forecasting, financial evaluations and analyses, financial processes, and system functionality
  • Assist with the month-end close process, including business unit commission processes
  • Support the long-term budgeting and forecasting processes with business unit leadership and ensure alignment with the Company’s long-term strategic business plan
  • Other duties as assigned

Alarm.com offers smart security solutions for businesses by integrating security, lighting, locks, video surveillance, and energy management into a single app. This allows small to medium-sized businesses to efficiently monitor and control their premises while benefiting from features like video monitoring and energy-saving smart thermostats. Unlike competitors that focus on individual security aspects, Alarm.com provides a comprehensive system that addresses multiple needs. The company partners with authorized service providers to deliver customized solutions and generates revenue through equipment sales and ongoing service fees.

Company Stage

Series B

Total Funding

$164.5M

Headquarters

Tysons, Virginia

Founded

2000

Growth & Insights
Headcount

6 month growth

2%

1 year growth

3%

2 year growth

18%
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Simplify's Take

What believers are saying

  • The release of the new 8-channel SVR demonstrates Alarm.com's commitment to continuous product innovation and meeting market demands.
  • The growing market for smart security and home energy management systems presents significant growth opportunities for Alarm.com.
  • Strategic partnerships, such as with All Secure, enhance Alarm.com's market reach and credibility in providing state-of-the-art security solutions.

What critics are saying

  • The competitive landscape includes major players like ADT, Amazon, and Honeywell, which could impact Alarm.com's market share.
  • The complexity of integrating multiple systems (security, energy management, etc.) could lead to technical challenges and customer dissatisfaction.

What makes Alarm.com unique

  • Alarm.com offers an integrated system that combines security, lighting, locks, video surveillance, and energy management into a single app, unlike competitors who may offer these services separately.
  • Their business model of partnering with authorized service providers ensures customized solutions and a steady revenue stream through ongoing service fees, setting them apart from DIY security solutions.
  • The focus on small to medium-sized businesses and commercial enterprises allows Alarm.com to tailor their offerings to meet the specific needs of these clients, unlike broader market competitors.
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