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FP&A Intern

Alo is looking for an FP&A Intern to support the finance team in analyzing financial data, preparing reports, and assisting with budgeting processes.

Skills

  • Proficiency in Microsoft Excel
  • Basic knowledge of financial statements
  • Strong analytical skills
  • Effective communication skills

Responsibilities

  • Help create and maintain budget models
  • Collect and analyze financial data
  • Assist in explaining variances between actual and budgeted performance
  • Identify opportunities to improve financial processes
  • Perform ad-hoc financial analysis
  • Work with cross-functional teams for financial data collection

Education

  • Currently pursuing a degree in Finance, Accounting, Economics, or a related field

Benefits

  • Hands-on experience in financial planning
  • Opportunity to collaborate with other teams
To read the complete job description, please click on the ‘Apply’ button
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Average salary estimate

$52000 / YEARLY (est.)
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max
$52000K
$52000K

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What You Should Know About FP&A Intern, Alo Yoga

Are you ready to dive into the financial world with a breath of fresh air? Alo, a leader in mindful movement, is looking for an FP&A Intern to join our vibrant team in Beverly Hills, California. We believe that mindful movement transforms lives, both in the studio and beyond, and we’re excited to offer you an opportunity to grow and learn with us. During this exciting 8-week internship, running from June 9th to August 1st, you will support our finance team by analyzing financial data, preparing insightful reports, and assisting with budgeting and forecasting. This hands-on experience will immerse you in financial planning, budgeting, and analysis within a corporate setting. You will engage in activities such as creating and maintaining budget models, analyzing trends in financial data, and collaborating with cross-functional teams to gather vital financial information. We’re searching for someone currently pursuing a degree in Finance, Accounting, or Economics who possesses strong analytical skills and a knack for communicating complex data clearly. With a competitive hourly wage of $25, this internship offers a fantastic pathway to launch your financial career while embracing the principles of mindfulness that Alo champions. Join us at Alo to unlock your potential and see how your contributions can make an impact in our community and beyond!

Frequently Asked Questions (FAQs) for FP&A Intern Role at Alo Yoga
What are the main responsibilities of the FP&A Intern at Alo?

The FP&A Intern at Alo will focus on several key areas, including budgeting and forecasting, where you'll help create and maintain budget models while analyzing revenue and expenses. You'll also delve into variance analysis to explain discrepancies between the actual and budgeted performance, providing insightful recommendations to management. Additionally, the role involves data analysis, where you'll collect and present financial data, and work on process improvements to enhance financial reporting systems.

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What qualifications are required for the FP&A Intern position at Alo?

To qualify for the FP&A Intern role at Alo, candidates should be currently pursuing a degree in Finance, Accounting, Economics, or a related field. Proficiency in Microsoft Excel is essential, including skills in pivot tables and VLOOKUP. A basic understanding of financial statements and accounting principles, along with strong analytical capabilities and attention to detail, will prepare you well for the tasks ahead.

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What can interns expect to learn during their time at Alo in the FP&A Intern role?

Interns in the FP&A Intern position at Alo can expect to gain substantial hands-on experience in financial analysis, learning how to effectively create and interpret budget models. You will enhance your data analysis skills and acquire insights into financial decision-making processes. Collaboration with different departments will help you understand cross-functional operations and improve your ability to communicate financial data, laying down a strong foundation for your career.

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How does Alo support personal and professional growth for interns?

Alo is committed to fostering an enriching environment for interns. Throughout the FP&A Intern program, you will receive mentorship from seasoned finance professionals, giving you the opportunity to learn directly from those in the field. The inclusive culture at Alo emphasizes mindful movement, which can not only enhance your personal well-being but also inspire your professional journey by making connections that matter.

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What is the compensation for the FP&A Intern position at Alo?

The FP&A Intern at Alo will earn a competitive hourly wage of $25. This pay reflects our recognition of the vital contributions made by our interns and our commitment to providing fair compensation for valuable learning experiences within our company.

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Common Interview Questions for FP&A Intern
What experience do you have with budgeting and forecasting?

In answering this question, you should highlight any relevant coursework or projects where you engaged in budgeting or forecasting activities. Discuss specific methodologies you’ve learned and how you've applied them in practical scenarios, even if they were simulated, to demonstrate your understanding of the financial planning process.

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How proficient are you with Microsoft Excel and which functions do you frequently use?

Be honest about your Excel skills, and mention specific functions you are comfortable with, such as pivot tables, VLOOKUP, and data visualization tools. You can mention instances when you utilized these tools for class assignments or internship projects, emphasizing your capacity to analyze data effectively.

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Can you explain a time when you analyzed complex financial data?

Share a detailed example from your studies or previous internships where you analyzed financial data to derive insights. Discuss your approach to breaking down data for clarity and how your findings contributed to a decision or project outcome, showcasing your analytical skills.

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What do you know about Alo and its mission?

Research Alo's mission and values beforehand. Discuss your understanding of how Alo promotes mindful movement and how that aligns with your personal philosophy. Make connections between the company’s goals and your aspirations in financial planning, emphasizing the desire to contribute positively to the company’s success.

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How do you prioritize tasks and manage deadlines during busy periods?

Provide a structured overview of your time management strategies, such as using calendars and task lists. Give an example of a situation where you successfully managed multiple deadlines by prioritizing effectively, demonstrating your organizational skills and ability to remain calm under pressure.

Join Rise to see the full answer
Describe how you would explain a financial concept to someone without a finance background.

In your response, illustrate your ability to simplify complex financial concepts. You could take a common financial term and describe it using relatable analogies, showcasing not just your knowledge of the term but also your communication skills.

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What do you think are the key components of effective team collaboration?

Discuss attributes such as open communication, respect for different perspectives, and accountability. Provide a past experience where you collaborated with peers or departments, emphasizing your role in fostering a positive team environment and achieving collective goals.

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How would you handle feedback on your financial analysis work?

Express openness to feedback as a means of growth. Share a specific instance where you received constructive criticism, how you received it positively, and steps you took to improve your work based on the feedback, indicating your willingness to learn and adapt.

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Why do you want to intern with Alo in the FP&A department?

Articulate your passion for both finance and the mission of Alo. You could say that you admire the company's commitment to mindful living and see the internship as a unique opportunity to combine your interests and skills within an organization that values positivity and community.

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What are your career aspirations in finance after this internship?

Share your long-term career goals within the finance sector, whether it's becoming a financial analyst or specializing in corporate finance. Discuss how the FP&A Intern experience at Alo will serve as a stepping stone toward achieving those aspirations, illustrating a clear path for your development.

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Spreading mindful movement, inspiring wellness and creating community. These goals inspire everything we do at Alo. We are relentless about making the best yoga clothing in the world explicitly to inspire yogis (and yogis to be) to have more yog...

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DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
SALARY RANGE
$52,000/yr - $52,000/yr
EMPLOYMENT TYPE
Internship, on-site
DATE POSTED
March 2, 2025

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