About Groq
Groq delivers fast, efficient AI inference. Our LPU-based system powers GroqCloud™, giving businesses and developers the speed and scale they need. From our Bay Area roots to our growing global presence, we are on a mission to make high performance AI compute more accessible and affordable. When real-time AI is within reach, anything is possible. Build fast.
Financial Planning and Analysis (FP&A) Analyst
San Francisco Bay Area (Remote)
Mission: We're seeking an experienced FP&A Analyst who will be responsible for supporting the company’s financial planning and analysis efforts, with a strong focus on budgeting and transactional matters. You will work closely with various departments to create and maintain budgeting templates and ensure that financial data is accurate and accessible. This role will primarily utilize Google Sheets and Excel for financial modeling, budgeting, and reporting. The successful candidate will have a strong background in financial planning and analysis, excellent analytical and problem-solving skills, and the ability to communicate complex financial information to non-financial stakeholders.
Responsibilities & Opportunities in this Role:
- Budgeting & Forecasting:
- Develop, maintain, and analyze annual budgets and periodic forecasts to align with business objectives
- Project budgeting and forecasting, including integration into spend management platforms & ERPs
- Collaborate with department leaders to understand financial needs and priorities, ensuring accurate budget allocations
- Monitor budget performance and provide variance analyses to identify areas for improvement
- Perform monthly flux analysis, or ‘budget vs. actuals’ to align on how the business is performing against our budget & create new rolling forecasts to account for changes in business strategy
- Transactional Matters:
- Support the preparation and review of financial transactions, ensuring compliance with accounting standards and internal policies
- Experience using ZIP to ensure business compliance within a set budget by project type
- Analyze and resolve transactional discrepancies, working closely with the accounting team to ensure accurate financial records
- Financial Analysis:
- Perform detailed financial analysis to identify trends, risks, and opportunities for cost savings
- Develop and maintain financial models, dashboards, and reports to track key financial metrics and KPIs
- Weekly cash modeling, understanding key cost drivers of the business
- Cross-Functional Collaboration:
- Partner with sales, marketing, operations, and other teams to provide financial insights and support business decisions
- Develop and maintain relationships with stakeholders to understand business needs and provide tailored financial guidance
- Financial Reporting to External Stakeholders:
- Prepare financial reports and statements for external stakeholders, including investors, auditors, and regulatory bodies
- Ensure compliance with financial regulations and standards in all external reporting
- Support the month-end and year-end closing processes
- Process Improvement:
- Identify areas for process improvements in budgeting, forecasting, and transactional workflows
- Implement efficiencies to enhance the overall financial planning and analysis function
- Ad Hoc Projects:
- Support special projects and analyses as needed, providing financial expertise to drive business outcomes
The Table Stakes:
- Bachelor’s degree in Finance, Accounting, or a related field
- Strong understanding of financial concepts, including GAAP and financial modeling
- 3+ years of experience in financial planning and analysis, preferably in a fast-paced and dynamic environment
- Advanced proficiency in Excel and Google Sheets, including experience with complex formulas and data visualization
- Ability to work in a fast-paced environment and meet deadlines.
- High attention to detail and strong organizational skills.
- Experience with financial modeling techniques, such as 3 statement modeling, FCF forecasting, and scenario planning
- Knowledge of financial planning and analysis best practices, including financial reporting, budgeting, fundraising, and forecasting
- Excellent communication and presentation skills, with the ability to effectively communicate financial information to non-financial stakeholders
- Strong attention to detail and ability to work accurately and efficiently
- Ability to work in a fast-paced environment and prioritize multiple projects and deadlines
- High attention to detail and strong organizational skills
- Strong analytical and problem-solving skills, with the ability to work with complex financial data
The Differentiators:
- MBA or advanced degree in Finance, Accounting, or a related field
- Experience working at or with technology companies, specifically within the Hardware or Artificial Intelligence industries
- Experience working in a startup environment & scaling teams
- Technical accounting background, including experience with financial reporting, accounting standards, and regulatory requirements (e.g. GAAP, IFRS, SOX)
- Certification in financial planning and analysis, such as CFA or CPA
Attributes of a Groqster:
- Humility - Egos are checked at the door
- Collaborative & Team Savvy - We make up the smartest person in the room, together
- Growth & Giver Mindset - Learn it all versus know it all, we share knowledge generously
- Curious & Innovative - Take a creative approach to projects, problems, and design
- Passion, Grit, & Boldness - no limit thinking, fueling informed risk taking
If this sounds like you, we’d love to hear from you!
Groq is committed to providing competitive compensation through our Total Cash philosophy, which incorporates potential bonus value directly into base pay. The total cash salary range for this position, which is inclusive of the potential bonus value, is $105,300–$164,900 with individual placement determined by your geographic location, experience, skills, and alignment with internal compensation standards. This range is specific to candidates located in the United States. Compensation for international candidates will vary based on local market dynamics. Beyond cash compensation, Groq also offers equity participation and a robust suite of employee benefits.
US Job Postings
This position may require access to technology and/or information subject to U.S. export control laws and regulations, including the Export Administration Regulations (EAR). To comply with these requirements, candidates for this role must meet certain citizenship or residency criteria. Specifically, they must qualify as U.S. Persons for export control purposes (i.e., U.S. citizen, U.S. lawful permanent resident (Green Card holder), or a protected individual under 8 U.S.C. § 1324b(a)(3) such as a refugee or asylee), or otherwise be eligible for an applicable export license.
Groq is an Equal Opportunity Employer. We are committed to creating an inclusive environment for all employees and applicants. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex (including gender identity, sexual orientation, and pregnancy), age, disability, genetic information, protected veteran status, or any other characteristic protected by applicable law.
Groq complies with all applicable federal, state, and local laws governing nondiscrimination in employment. We do not tolerate discrimination or harassment based on any protected characteristic.
Groq is committed to working with and providing reasonable accommodations to qualified individuals with physical or mental disabilities. If you require a reasonable accommodation to complete an application or to participate in the hiring process, please contact us at [email protected]. This contact is for accommodation requests only, which will be considered on a case-by-case basis.
All offers of employment are contingent upon verification of the applicant’s identity and employment authorization in accordance with federal law.
Groq encourages people with criminal record histories to apply for employment, and values diverse experiences, including prior contact with the criminal legal system. To that end, Groq welcomes such applicants in accordance with the California Fair Chance Act, Los Angeles City Fair Chance Act Ordinance, Los Angeles County Fair Chance Act Ordinance, and San Francisco Fair Chance Act Ordinance. Philadelphia applicants can review information pertaining to Philadelphia’s Fair Criminal Record Screening Standards Ordinance here: https://www.phila.gov/documents/fair-chance-hiring-law-poster.