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Associate FP&A Analyst

Alarm.com is looking for a driven Associate FP&A Analyst to assist in financial planning across various business units, supporting the company's innovative IoT solutions.

Skills

  • Strong quantitative abilities
  • Business acumen
  • Project management skills
  • Excellent written and oral communication
  • Advanced Microsoft Excel skills

Responsibilities

  • Perform tactical financial plan execution work
  • Assist with all financial planning and analysis activities
  • Interpret high-level financial plan directives
  • Analyze monthly department budgets and forecasts
  • Consult with managers and senior finance executives

Education

  • Bachelor's degree in Finance/Economics/Accounting or similar

Benefits

  • Competitive pay and benefits
  • Subsidized medical plan options
  • HSA with generous company contribution
  • 401(k) with employer match
  • Paid holidays, wellness time, and vacation
To read the complete job description, please click on the ‘Apply’ button
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Average salary estimate

$70000 / YEARLY (est.)
min
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$60000K
$80000K

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What You Should Know About Associate FP&A Analyst, Alarm.com

Join Alarm.com as an Associate FP&A Analyst and be part of a leading SaaS company that's driving innovation in the Internet of Things (IoT) space! In Tysons, Virginia, you’ll play a vital role in our high-performing FP&A team, working closely with senior management to navigate the financial planning activities across various business units. This position is perfect for someone who is not only numbers-savvy but also exhibits curiosity about the latest financial trends and news. You’ll have the opportunity to collaborate with diverse teams and manage projects while ensuring that the company's financial strategies are well laid out. Your day-to-day responsibilities will involve tracking expenditures, assisting with operating expense forecasting, and conducting variance reporting to help our company thrive. If you possess a Bachelor’s degree in Finance, Economics, or Accounting and have at least a year of corporate finance experience, you could be the perfect fit! At Alarm.com, we value relationships and teamwork, and you’ll have ample opportunities to grow your skills in a dynamic environment where your contributions genuinely make a difference. Plus, enjoy a great work culture with exciting team events and celebration parties. Explore the potential of a fulfilling career with us, where innovation meets collaboration!

Frequently Asked Questions (FAQs) for Associate FP&A Analyst Role at Alarm.com
What are the key responsibilities of the Associate FP&A Analyst at Alarm.com?

The Associate FP&A Analyst at Alarm.com is responsible for performing financial plan execution by tracking expenditures, monitoring variance reporting, and assisting in operating expense forecasting. You'll engage with various stakeholders to interpret financial directives and ensure accurate reporting and adjustments are made, which is critical for the business's success.

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What qualifications do I need to apply for the Associate FP&A Analyst position at Alarm.com?

To qualify for the Associate FP&A Analyst role at Alarm.com, candidates should possess a Bachelor’s degree in Finance, Economics, Accounting, or a related field along with at least one year of experience in corporate finance. Strong analytical skills, knowledge of financial concepts, and experience with profit and loss analysis are also crucial for success in this role.

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How does the Associate FP&A Analyst contribute to Alarm.com's financial success?

The Associate FP&A Analyst significantly contributes to Alarm.com's financial success by analyzing monthly budgets, establishing expenditure controls, and providing actionable insights to senior executives. This ensures that financial resources are allocated efficiently and any variances are proactively addressed, ultimately facilitating sound financial decision-making.

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What skills are essential for the Associate FP&A Analyst role at Alarm.com?

Essential skills for the Associate FP&A Analyst position at Alarm.com include strong quantitative abilities, excellent written and verbal communication skills, and a knack for building relationships across departments. Advanced proficiency in Microsoft Excel and the ability to analyze complex data to establish actionable recommendations are also critical for thriving in this role.

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What opportunities for career growth are available for an Associate FP&A Analyst at Alarm.com?

As an Associate FP&A Analyst at Alarm.com, you can expect significant opportunities for career growth. You'll gain exposure to various financial functions, work closely with executives, and participate in diverse projects that can enhance your financial acumen, setting a solid foundation for advancement within the company.

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Common Interview Questions for Associate FP&A Analyst
How do you approach variance analysis in your financial planning work?

In variance analysis, I typically start by comparing actual financial outcomes against the planned figures. I dig deep into the data to understand any deviations, looking for trends or anomalies that reveal underlying causes. Then, I collaborate with department heads to gain insights and suggest actionable measures to address these variances. This proactive approach ensures financial objectives are aligned with business goals.

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Can you describe a time when you had to present financial data to a non-financial audience?

When presenting financial data to non-financial audiences, I focus on simplifying complex information. For example, I once presented operating expense forecasts to a cross-functional team. I used visual aids, like graphs and charts, to make the data more relatable and ensured to highlight key takeaways and implications. Engaging the audience with relevant scenarios helped them understand the financial impacts.

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What techniques do you use for effective project management in financial tasks?

Effective project management in finance involves meticulous planning, setting clear objectives, and regular tracking of progress. I utilize tools like Gantt charts and project management software to remain organized. Communication is also essential; I hold regular check-ins with team members to ensure alignment and address any roadblocks promptly, ensuring project timelines are met.

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How would you handle a situation where a department exceeded its budget?

In such a scenario, I would first review the budget variances to understand the reasons behind the overspending. Then, I would discuss the findings with the department manager to identify necessary corrective actions. Working collaboratively, we would revise the budget, focusing on adjustments to future spending while maintaining transparency with senior management about the financial implications.

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Describe your experience with financial forecasting methods.

My experience with financial forecasting has involved using both qualitative and quantitative methods. For instance, I've conducted trend analysis based on historical data and collaborated with various departments to gather insights for future projections. This blend of data-driven strategies ensures that forecasts are as accurate and reflective of market conditions as possible.

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What role does technology play in your financial analysis process?

Technology plays a critical role in streamlining the financial analysis process. I rely on advanced Excel functions for modeling, use financial software for data extraction, and employ analytics tools to visualize information. These technologies enhance efficiency, accuracy, and my ability to derive insights that can guide strategic financial decisions.

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How do you prioritize multiple projects and deadlines in a fast-paced environment?

Prioritization in a fast-paced environment is key to success. I begin by assessing the urgency and importance of each task. Using a project management approach, typically involving a priority matrix, helps me focus on what requires immediate attention while keeping track of longer-term projects. Regularly updating stakeholders on progress also ensures alignment on priorities.

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What strategies do you employ to ensure accuracy in financial reporting?

To ensure accuracy in financial reporting, I adopt a meticulous review process. I double-check figures, validate data sources, and reconcile discrepancies. Additionally, I implement a peer review system where colleagues cross-verify key reports before finalization. This collaborative approach minimizes errors and enhances the reliability of financial reports.

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How do you keep yourself updated on industry trends and financial regulations?

Staying updated on industry trends and financial regulations is crucial for my role. I regularly read finance publications, subscribe to relevant newsletters, and attend webinars or conferences. Networking with professionals in the field also provides insights that help me stay informed about changes that may impact financial practices and decision-making.

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Why do you want to join Alarm.com as an Associate FP&A Analyst?

I want to join Alarm.com as an Associate FP&A Analyst because I am inspired by your commitment to innovation in the IoT space. The opportunity to work within a dynamic and collaborative team aligns perfectly with my passion for finance and technology. I'm excited about contributing to a leading company that values its employees and fosters professional growth through diverse experiences.

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Headquartered in Tysons, VA, with offices in 10 US cities, Alarm.com is the leading platform for intelligently connected properties. We create innovative technology that deepens the connection between people and the things they care about most: th...

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SALARY RANGE
$60,000/yr - $80,000/yr
EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
April 17, 2025

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