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Associate FP&A

About us 

Ankorstore is on a mission to rewild retail !

With decades of experience in retail and building marketplaces, in 2019 the Ankorstore founding team knew it was time to create a global wholesale solution – one that swings the balance in favour of independents and restores retail to its natural order !

They’ve created a new ecosystem that harnesses the power of modern technology to create a mutually beneficial community that reinvents the way brands and retailers work together. As a result, wild independents can thrive.

The team 

The FP&A team is composed by 2 people who are in charge to support the organization’s financial health thanks to planning and budgeting, integrated financial planning, management and performance reporting, and forecasting and modeling.

Main responsibilities 

We’re looking for someone who’s eager to take on a meaningful role and, who believe in the success of a young and innovative finance, eager to succeed as a team, and thrilled by the power of digital.    

As an FP&A Analyst on the Finance team, you will play a key role in our financial planning processes and operations. We are looking for someone who has an eye for data and a passion for optimization.

The role will partner with various groups across the organization to create, maintain and enhance an accurate budgeting, reporting and forecasting process, build a scalable finance routine, and provide meaningful insights through sound business planning and reporting.

As a member of the finance team, the ideal candidate will be detail-oriented, meet deadlines in a fast-paced environment with a positive mindset. S/He will be open to taking on a wide variety of responsibilities, including building and integrating finance processes cross-functionally as we scale.
S/He will collaborate closely with the Head of FP&A and the Senior FP&A, who will act as his/hers direct manager.

Six-month expectations:

  • Support in the preparation of monthly reporting, including basic operational KPIs

  • Learn our financial processes and contribute to maintaining financial information and dashboards

  • Support the accounting team with basic financial reporting tasks

  • Assist in budget and forecast preparation

  • Learn to work effectively with staff across the organization

Twelve-month expectations:

  • Support in the preparation of financial analyses and reports

  • Assist functional leads in financial reviews and budgeting processes

  • Help maintain financial models for short-term planning

  • Learn to identify basic financial risks and opportunities

Requirements 

  • Recent graduate or up to 6 months' experience in Finance, Audit or Consulting

  • Fluent both in French and English

  • Basic understanding of P&L and accounting concepts

  • Good Excel skills, willingness to learn SQL and BI tools

  • Clear verbal/written communication skills

  • Proactive and eagerness to learn

  • Detail-oriented with strong work ethic

  • Team player mindset

Location

  • Paris office (hybrid role from Paris)

Benefits/Perks 

At Ankorstore we offer a versatile range of benefits to support employees' well-being and work-life balance, fostering personal growth within an innovative and adaptable work environment.

  • We are a remote-friendly company

  • All of our employees are automatically covered by Health Insurance & Life Insurance. Our Health Insurance (Mutuelle) and Life Insurance (Prévoyance) are SideCare

  • We have partnered with Swile to provide you with meal vouchers

  • You will have access to Leeto a platform that provides you with exclusive discounts, cultural activities, holiday vouchers and more

  • Modern offices located in Paris (Opera), providing a vibrant and inspiring work environment

  • 360Learning, a dynamic learning platform offering engaging, customized training experiences and fostering skills development across the entire organisation

Learning more about Ankorstore 

Ankorstore is proud to be an equal opportunity workplace dedicated to promoting diversity. We don’t discriminate based on race, religion, colour, national origin, gender, sexual orientation, age, marital status or disability status.

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Average salary estimate

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$60000K

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What You Should Know About Associate FP&A , Ankorstore

Ankorstore is looking for an enthusiastic and detail-oriented Associate FP&A to join our dynamic Finance team in Paris! This is your chance to be part of a groundbreaking mission that aims to rewild retail by supporting independent retailers with innovative financial solutions. As an Associate FP&A, you will play a crucial role in our financial planning processes, helping to create and maintain an accurate budgeting process while collaborating with various teams across the organization. You'll have the opportunity to work closely with our experienced FP&A team, where you will support monthly reporting, assist in budget preparation, and contribute to essential financial analyses. Ideally, you are a recent graduate or have up to six months of experience in finance, audit, or consulting, and you possess strong Excel skills with a willingness to learn SQL and BI tools. Your clear communication skills, positive attitude, and team player mindset will help you thrive in our fast-paced environment, where you will contribute to shaping the future of retail. So, if you are eager to learn and grow in a supportive and innovative workplace, we invite you to apply and become a part of the Ankorstore journey!

Frequently Asked Questions (FAQs) for Associate FP&A Role at Ankorstore
What are the main responsibilities of the Associate FP&A at Ankorstore?

As an Associate FP&A at Ankorstore, your primary responsibilities will include assisting in financial planning, contributing to the budget preparation process, and supporting the monthly reporting of key performance indicators. You will collaborate with the accounting team and other functional leads to maintain financial models and analyses that contribute to the overall financial health of the organization.

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What qualifications are required for the Associate FP&A position at Ankorstore?

To be considered for the Associate FP&A role at Ankorstore, you should be a recent graduate or have up to six months of experience in finance, audit, or consulting. A basic understanding of P&L and accounting concepts, along with strong Excel skills, are essential. Additionally, fluency in both French and English is required, and a proactive attitude with a willingness to learn will set you apart.

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How does Ankorstore support professional growth for the Associate FP&A role?

At Ankorstore, we are committed to employee development and growth. As an Associate FP&A, you will have access to our dynamic learning platform, 360Learning, which provides customized training experiences. You will also be supported by experienced colleagues who will mentor you through various projects, enabling you to develop your skills in financial planning and analysis.

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What is the work environment like for the Associate FP&A at Ankorstore?

The work environment for the Associate FP&A at Ankorstore is vibrant, collaborative, and innovative. You will work in modern offices located in Paris, with a hybrid role that allows flexibility. Our culture promotes teamwork and encourages contributions to meaningful projects aimed at transforming the retail landscape.

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What are the expected contributions of the Associate FP&A within the first six to twelve months?

In the first six months, as an Associate FP&A at Ankorstore, you will support the preparation of monthly financial reports, learn financial processes, and assist in budget preparation. Over the next twelve months, you will be expected to contribute to financial analyses, assist in functional reviews of budgets, and identify basic financial risks and opportunities—playing a key role in our financial success.

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Common Interview Questions for Associate FP&A
Can you explain what financial planning and analysis (FP&A) means?

Financial planning and analysis (FP&A) is a crucial function within finance that involves budgeting, forecasting, and analyzing financial performance. As an Associate FP&A, you should highlight your understanding of these processes and your ability to derive insights from financial data to support decision-making.

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How would you prioritize your tasks as an Associate FP&A at Ankorstore?

In a fast-paced environment like Ankorstore, it’s important to prioritize tasks based on deadlines and the impact they have on business goals. Discuss setting up a prioritization framework that considers urgent reporting needs or any critical budget preparations that align with the financial calendar.

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Describe a time when you had to work with a large amount of data.

When referencing a previous experience, focus on how you organized, analyzed, and presented the data to provide actionable insights. It’s key to emphasize your attention to detail and how you used tools like Excel to manage complex datasets effectively.

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What techniques do you use to ensure accuracy in financial reports?

To ensure accuracy in financial reports, I would emphasize the importance of double-checking formulas, cross-referencing data sources, and using templates for consistency. It's also beneficial to develop a systematic review process where peers validate calculations or data entries.

Join Rise to see the full answer
How do you stay updated on financial regulations and practices?

Staying updated on financial regulations and practices is crucial. I regularly read finance-related publications, attend webinars, and participate in professional groups. This proactive approach ensures that I am informed about any changes in accounting standards or financial practices.

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What skills do you think are most important for an Associate FP&A role?

Some of the most important skills for an Associate FP&A role include analytical thinking, attention to detail, proficiency in Excel, and strong communication skills. Being able to interpret financial data and convey insights to non-financial stakeholders is essential for success.

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Can you discuss a financial model that you have worked on?

When discussing a financial model, describe the purpose, the key metrics involved, and how it contributed to strategic decision-making. Highlight any challenges faced during the modeling process and how you overcame them.

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What prompted your interest in the finance sector?

Share your genuine interest in finance and how it relates to business operations. You could mention how you find satisfaction in making data-driven decisions that can significantly impact a company’s financial health.

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How do you handle tight deadlines in your work?

To handle tight deadlines, I ensure to plan ahead and break tasks into manageable parts. Effective time management strategies, such as prioritizing critical tasks first, coupled with clear communication with stakeholders, help ensure that deadlines are met without compromising quality.

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What do you know about Ankorstore and its impact on independent retailers?

It's beneficial to showcase your research on Ankorstore’s mission to rewild retail and how the company supports independent retailers through innovative financial solutions. Discussing how you align with that mission can also demonstrate your enthusiasm for the role.

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Our Purpose: To be a catalyst that drives the evolution of independent retail. Much more than a simple wholesaler, Ankorstore is a global marketplace dedicated exclusively to small businesses and niche brands, equipped with cutting-edge technol...

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Full-time, hybrid
DATE POSTED
January 10, 2025

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