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Finance Co-op

Snyk is a developer security platform looking for students to join their Co-op Program in Finance, providing hands-on experience in financial analysis and reporting.

Skills

  • Advanced proficiency with Microsoft Excel
  • Fundamental understanding of financial analysis
  • Effective written and verbal communication skills

Responsibilities

  • Preparing revenue recognition and related contract data analysis
  • Performing credit analysis to assess collectability risk
  • Assisting with special projects including contract tagging
  • Conducting weekly, monthly, and quarterly financial analysis
  • Researching industry benchmarks to inform budget decisions

Education

  • Currently pursuing a Bachelor's degree in Finance, Accounting, or Economics

Benefits

  • Flexible working hours and work-from-home allowances
  • Generous vacation and wellness time off
  • Health benefits and employee assistance plans
  • Country-specific life insurance and retirement programs
To read the complete job description, please click on the ‘Apply’ button
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What You Should Know About Finance Co-op, Snyk

Are you ready to kickstart your finance career with an incredible opportunity at Snyk as a Finance Co-op in Boston? Here at Snyk, we’re not just about building a developer security platform that empowers teams while keeping them safe; we’re also about fostering a vibrant and inclusive work environment where our values shine—One Team, Care Deeply, Customer Centric, and Forward Thinking. As a Finance Co-op, your days will be invigorating as you delve deep into financial analysis and reporting while working across various teams such as Sales, Legal, and Senior Leadership. Each day will bring exciting challenges—like analyzing sales contracts, reviewing credit and billing processes, and assisting in the planning and budgeting cycles. You’ll be preparing important revenue recognition data, scrutinizing collectability risks for small-to-medium businesses, and tracking ROI on major investment initiatives. Don't worry—you won’t be alone. You’ll collaborate with a supportive team that values your input and encourages your growth. Joining us means you’ll not only sharpen your skills in Microsoft Excel and financial analysis but build invaluable relationships as you learn from colleagues across the globe. Plus, we have a series of fun events and development opportunities lined up just for you! Don’t miss out on this chance to contribute to a mission that aims to make the digital world a safer space for all while developing your professional skills in a dynamic atmosphere. So, if you’re a finance student ready to make an impact, we can’t wait to hear from you! The application deadline is approaching, so let’s team up and make finance exciting together at Snyk!

Frequently Asked Questions (FAQs) for Finance Co-op Role at Snyk
What are the key responsibilities of a Finance Co-op at Snyk?

As a Finance Co-op at Snyk, your primary responsibilities will revolve around supporting financial analysis and reporting. This includes preparing revenue recognition data, conducting sales contract analyses, and assisting with budgeting and planning cycles. You’ll also perform credit analysis and engage in special projects that contribute to Snyk’s financial decision-making and overall growth.

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What qualifications are required for the Finance Co-op position at Snyk?

To qualify for the Finance Co-op position at Snyk, you should be pursuing a Bachelor's degree in Finance, Accounting, or Economics, showcasing advanced skills in Microsoft Excel and/or Google Sheets. An understanding of financial analysis concepts, along with effective communication skills, will greatly benefit your application.

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How does the Finance Co-op role at Snyk foster professional development?

The Finance Co-op role at Snyk is designed to provide hands-on experience in financial analysis, fostering professional development through cross-functional collaboration. You'll interact with different teams, which enriches your understanding of how finance impacts various aspects of the business while building your network in a global context.

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What is the work schedule for a Finance Co-op at Snyk?

At Snyk, the Finance Co-op position typically offers a schedule of 3-4 days a week in-office, allowing you to immerse yourself in the company's culture while gaining practical experience. The position runs from July to August 2025, providing a robust summer opportunity for students eager to learn.

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What kind of projects might a Finance Co-op at Snyk be involved in?

As a Finance Co-op at Snyk, you might be involved in projects like preparing ASC 606 revenue recognition analysis, conducting credit assessments for SMB cohorts, and standardizing templates in preparation for the Annual Planning/Budget Cycle. These projects are designed to give you a practical understanding of finance in a tech-driven environment.

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Common Interview Questions for Finance Co-op
How do you approach financial analysis and reporting?

When answering this question, highlight your systematic approach, including data collection, analysis of trends, and attention to detail. Discuss tools you're proficient in, such as Excel, and illustrate with examples of how you've applied your understanding of financial principles in real scenarios.

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Can you explain your understanding of revenue recognition?

To effectively respond, explain the concept of revenue recognition and its importance in financial reporting. Mention standards like ASC 606, emphasizing your awareness of how it impacts financial statements and business operations.

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What experience do you have with budgeting and forecasting?

Here, it’s essential to provide examples of any coursework or projects where you managed budgeting processes. Discuss your familiarity with forecasting methods and how you assess financial data to make informed projections.

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Describe a time when you had to analyze complex data.

Share a specific instance where you were faced with complex data. Explain the tools and strategies you used for analysis, the conclusions you drew, and how that analysis influenced your team's decisions.

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How do you prioritize tasks when you have multiple deadlines?

Use this opportunity to showcase your organizational skills. Explain your method for assessing task urgency, setting priorities, and managing your time effectively to meet deadlines without compromising the quality of your work.

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What aspects of financial analysis do you find most challenging?

Acknowledge that every role has its challenges but emphasize your willingness to embrace them. You could discuss areas like reconciliations or dealing with complex financial regulations, and outline how you aim to tackle these challenges through research and seeking mentorship.

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Why are you interested in working as a Finance Co-op at Snyk?

Express your genuine interest in the tech industry and Snyk’s mission to enhance security. Highlight how the company's culture of collaboration and inclusivity aligns with your values and career goals, and how you see this role enriching your professional journey.

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How do you stay updated with changes in financial regulations?

Discuss your commitment to continuous learning. Mention specific resources like financial news platforms, webinars, and online courses you follow to ensure you stay informed about regulatory changes and industry trends.

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What makes a good team player in a finance environment?

Emphasize the importance of clear communication, adaptability, and a collaborative spirit. Share an experience that showcases your ability to work in a team, managing both individual responsibilities and contributing to collective goals.

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Can you give an example of how you've used Excel for financial analysis?

Provide a specific example of a project where you effectively utilized Excel features like pivot tables, VLOOKUPs, or macros for financial analysis. Clarify how these tools helped streamline your data handling and improve your analysis outcome.

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Our mission is to empower organizations to develop fast and stay secure. Development is faster than ever, there are more apps than ever, and everything is in the developer's hands — including security. Snyk makes it easy for devs to find, priorit...

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Internship, on-site
DATE POSTED
January 15, 2025

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