Financial Planning & Analysis (FP&A) Analyst

The Financial Planning & Analysis (FP&A) Analyst role at BlackSky involves supporting the Financial Planning and Analysis team by providing detailed financial data modeling, insightful analyses of financial performance, and strategic recommendations to various programs. You will interact with multiple departments, analyzing costs and revenues to ensure robust forecasting and timely decision-making.

To qualify for the Financial Planning & Analysis (FP&A) Analyst position at BlackSky, you should possess a bachelor’s degree in finance, Accounting, Business Management, or a related area, along with 2-4 years of relevant experience in analytical financial modeling or corporate finance. Proficiency in Microsoft Excel and familiarity with data management tools are essential.

Preferred qualifications for the Financial Planning & Analysis (FP&A) Analyst role at BlackSky include knowledge of GAAP standards, especially revenue recognition per ASC 606, as well as familiarity with government contracting procedures. Experience in industries related to software, satellite technology, or space technology is also advantageous.

BlackSky highly values professional development and supports our Financial Planning & Analysis (FP&A) Analysts through various initiatives including access to training programs, opportunities for industry-related workshops, and resources to advance their skills in finance and analysis, ensuring that our employees grow alongside the company.

Employees in the Financial Planning & Analysis (FP&A) Analyst role at BlackSky enjoy a comprehensive benefits package, which includes 100% coverage of medical, dental, and vision premiums, generous PTO, a 401(k) with employer match, flexible spending accounts, employee assistance programs, and more—making it a supportive environment for personal and professional well-being.

Yes, BlackSky offers a remote work culture for the Financial Planning & Analysis (FP&A) Analyst role, though we encourage applicants to be located near Herndon, VA, to facilitate occasional in-person meetings and collaborative events that enhance teamwork and communication.

To make your application for the Financial Planning & Analysis (FP&A) Analyst position at BlackSky stand out, emphasize your proficiency in financial modeling and data analytics, highlight relevant experience in fast-paced environments, and showcase your ability to communicate complex financial information clearly. Tailoring your cover letter to reflect your enthusiasm for our mission can also make a significant impact.

In answering this question, focus on specific financial models you have built or maintained, discussing your approach, the tools you used (especially Excel), and any insights generated through your models. Sharing quantifiable outcomes from your models can demonstrate your impact on previous organizations.

When answering, pick a concrete example where your analysis led to a significant business decision. Outline the context, what data you analyzed, the insights derived, and how your recommendations were implemented. Aim to clearly convey the positive impact your insights had on financial performance.

For this question, discuss your methods for gathering historical data and trends, considering external market factors, and how you utilize statistical tools or models for your forecasting. Highlight your attention to detail and ability to adjust forecasts based on real-time changes in the environment.

Mention specific software tools you are proficient in, such as Excel, Cognos, or other BI tools. Explain how these tools have helped you analyze data efficiently and supported your financial reporting tasks. Providing examples of analyses through these tools will add depth to your answer.

To ensure accuracy in financial reports, explain your systematic approach which may include thorough cross-checking of data, maintaining updated documentation, utilizing checklists, and collaborating with other departments. You could also mention any specific quality control processes you follow.

Select a meaningful challenge, perhaps involving data discrepancies, tight deadlines, or stakeholder disagreements. Discuss the steps you took to resolve the issue, emphasizing your analytical thinking, communication skills, and teamwork. Focus on the successful outcome resulting from your approach.

In your response, discuss the importance of metrics such as EBITDA, cash flow, or revenue growth rate. Explain why you believe this metric is crucial in reflecting a company's health and how you have utilized it in your past work to inform decision-making.

Illustrate your prioritization strategy which might include assessing task urgency, impact, and importance. You could also mention utilizing task management tools or software and how communicating effectively with your team helps facilitate timely completion of high-priority tasks.

To answer, highlight your approach to building strong relationships, facilitating regular meetings, and keeping an open-door policy for inquiries. Mention any tools or methods you use to enhance information flow and collaboration between finance and other teams.

Describe your strategy for staying informed about industry regulations, which can include reading professional publications, attending webinars, participating in forums, and networking with industry peers. Express your commitment to professional development in the ever-evolving landscape of finance and analysis.