Full-Time
Financial Analyst
Confirmed live in the last 24 hours
Perpay
51-200 employees
Facilitates interest-free paycheck deduction payments
Junior, Mid
Philadelphia, PA, USA
- Bachelor’s or Master’s degree in Finance, Accounting, or a related field. MBA preferred
- Advanced proficiency in Microsoft Excel (e.g., pivot tables, VLOOKUP, complex formulas)
- 2+ years of experience in relevant industry
- Experience with financial modeling and data analysis tools
- Strong analytical skills with the ability to synthesize complex data and identify key insights
- Attention to detail and a commitment to accuracy in financial analysis and reporting
- Excellent verbal and written communication skills, with the ability to effectively communicate financial concepts to non-financial stakeholders
- Strong interpersonal skills and the ability to collaborate with team members at all levels of the organization
- Assist in the development and maintenance of financial models to support budgeting, forecasting, and long-term planning
- Conduct detailed variance analyses to understand and explain differences between actual results and budget/forecast
- Prepare monthly, quarterly, and annual financial reports for internal stakeholders and senior management
- Collaborate with the Chief Strategy Officer and Finance Manager on various strategic projects and financial analyses
- Provide financial insights and recommendations to support business decisions and strategic planning
- Analyze market trends and competitor performance to identify opportunities and risks
- Communicate financial results, forecasts, and strategies to non-financial stakeholders in a clear and concise manner
- Engage in process improvement efforts to streamline financial planning and budget management procedures for heightened efficiency and accuracy
- Implement best practices in financial analysis and reporting to enhance the quality and timeliness of financial information
Perpay.com provides a financial solution that allows consumers to shop without the burden of high-interest rates. Users can make purchases and pay for them over time through interest-free payments that are automatically deducted from their paychecks. The process begins with users answering a few questions to determine their spending limit, which can range from $500 to $2,500. Once approved, they can shop immediately, with payments spread over a series of installments, typically eight. This model is particularly beneficial for those who may not have access to traditional credit or prefer to avoid interest charges. What sets Perpay apart from its competitors is its focus on interest-free payments and the simplicity of direct paycheck deductions, making the repayment process hassle-free. The company's goal is to make shopping more accessible and affordable for its members, providing a straightforward alternative to traditional credit options.
Company Stage
Seed
Total Funding
$8M
Headquarters
Philadelphia, Pennsylvania
Founded
2016
6 month growth
↑ 3%1 year growth
↑ 11%2 year growth
↑ 50%
Simplify's Take
What believers are saying
- Perpay's rapidly growing user base of 2 million members indicates strong market demand and potential for continued growth.
- The interest-free payment model can attract a broad range of consumers, including those wary of incurring debt, thereby expanding the customer base.
- Partnerships with retailers can provide additional revenue streams and enhance the shopping experience for users.
What critics are saying
- The competitive landscape of financial technology and retail markets means Perpay must continuously innovate to maintain its unique value proposition.
- Reliance on paycheck deductions could pose risks if users experience job instability or changes in employment status, affecting repayment.
What makes Perpay unique
- Perpay's unique model of interest-free payments directly deducted from paychecks sets it apart from competitors who often rely on traditional credit or high-interest installment plans.
- The straightforward approval process and immediate shopping capability provide a seamless user experience, unlike more cumbersome credit checks and approval processes seen elsewhere.
- By focusing on consumers who may not have access to traditional credit options, Perpay taps into an underserved market segment, offering a valuable alternative to high-interest loans.
Benefits
Competitive salary + company equity
401k with company match
Medical / Dental / Vision insurance
Pre-tax Public Transportation benefit
Relocation assistance
Student loan company match
Gym subsidy with City Fitness
Cell phone plan
Paid parental leave
Unlimited PTO
Optional work from home (WFH) up to 4 weeks per year