Full-Time

Jr. Financial Analyst

Posted on 12/20/2024

Literati

Literati

201-500 employees

Curated book subscription service for all ages

Compensation Overview

$60k - $70k/yr

Junior

Austin, TX, USA

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Market Research
Excel/Numbers/Sheets
Financial Modeling
Requirements
  • BS or BA, preferably in Finance or a related field.
  • Basic understanding of accounting principles and financial statements.
  • Proficiency in Microsoft Excel
  • You’re data driven and have strong analytical skills
Responsibilities
  • Assist the Finance and Accounting teams with the monthly close process
  • Interact and collaborate cross-functionally with leaders across the organization on budgets including variance analysis
  • Assist with creating and updating and maintaining financial models
  • Handle ad hoc requests, such as market research, profitability analysis
  • Play an integral role in the annual and seasonal budgeting processes
  • Assist in tracking and forecasting operating expenses and other business costs
  • Reconcile financial data across systems to ensure accuracy and consistency
  • Partner with cross-functional teams to support operational and financial initiatives
Desired Qualifications
  • 1-2 Years of relevant experience in FP&A, Finance, Accounting, Banking or related role, experience in a startup environment is a plus
  • Familiarity with NetSuite or similar ERP systems
  • A self-starter with an entrepreneurial attitude, eager to take on new challenges and wear multiple hats

Literati offers a subscription service for curated book selections aimed at both adults and children. Each month, subscribers receive a new hardcover book chosen by influential figures, known as Luminaries, from various fields such as business, sports, and the arts. This model provides readers with enriching and inspiring content. For children, Literati features a 'try before you buy' option, allowing parents to receive a selection of expert-reviewed books to ensure quality and age-appropriateness. Unlike other book subscription services, Literati's unique selling point is its collaboration with celebrities and thought leaders, which enhances the reading experience. The company's goal is to foster a love for reading by providing high-quality literature while generating revenue through subscription fees and book sales.

Company Size

201-500

Company Stage

Series B

Total Funding

$92M

Headquarters

Austin, Texas

Founded

2017

Simplify Jobs

Simplify's Take

What believers are saying

  • Rising interest in curated content supports Literati's subscription model growth.
  • AI-driven personalization can enhance Literati's book recommendations and customer satisfaction.
  • The children's book market growth presents opportunities for Literati's book clubs.

What critics are saying

  • Competition from digital platforms like Kindle Unlimited may affect Literati's customer base.
  • Integration challenges from acquiring Follett Book Fairs could lead to operational issues.
  • Economic downturns may impact subscription-based revenue as consumers cut discretionary spending.

What makes Literati unique

  • Literati offers curated book selections with celebrity involvement, enhancing reader engagement.
  • The 'try before you buy' model for children's books sets Literati apart from competitors.
  • Literati's platform includes exclusive content and discussions, enriching the reading experience.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

401(k) Company Match

Short-term Disability Insurance

Parental Leave

Flexible Work Hours

Unlimited Paid Time Off

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

0%
Business Wire
Jan 19th, 2022
Literati Expands Into Book Fair Market With Acquisition of Follett Book Fairs

Literati Expands Into Book Fair Market With Acquisition of Follett Book Fairs. Literati Book Fairs will focus on book curation and convenience.

Finsmes
Jan 27th, 2021
Literati Raises $40M in Series B Funding

Literati, an Austin, Texas-based subscription book club company, raised $40M in Series B funding

PR Newswire
Jan 27th, 2021
Literati Raises $40 Million to Focus on Deep Innovation in Books

/PRNewswire/ -- Austin-based Literati has announced a $40M Series B round to further invest in deep product and technological innovation in the book and...

Bizjournals
Jan 27th, 2021
Literati CEO plans hiring surge after raising $40M

Jessica Ewing envisions using machine learning to make books cool again for youngsters.

INACTIVE