Mitek (NASDAQ: MITK) is a global leader in digital & biometric identity authentication, fraud prevention, and mobile deposit solutions. Our verified identity platform and advanced image capture solutions are built on the latest advancements in biometric recognition, artificial intelligence, computer vision and machine learning, and trusted by over 7,500 organizations worldwide. We are headquartered in San Diego, California, with operations in the United Kingdom, Spain, France, Mexico, and the Netherlands. Visit us at www.miteksystems.com.
At Mitek, we believe that teams are stronger and more innovative when they have the range of opinions and perspectives that come from diversity. Very simply, we know that diversity is a foundational strength for our organization. A diverse workforce makes for stronger teams as a wider breadth of thinking and experience broadens the power of our collective mind. Building stronger teams is foundational to serving our customers comprehensively, innovating our products and solutions, and enabling more impactful decision-making across our business.
We are Virtual 1st! Whether you choose to work remotely from your home office or in-person from one of Mitek’s offices, our practices, processes and tools are designed to enable your success. At Mitek, the Future of Work is about flexibility and preference wherever and whenever we are working.
The Principal Financial Analyst, Consolidations is responsible for the timely and accurate reporting and analysis of all financial results and forecasts, as well as the completion and analysis of the annual operating plan (AOP). This individual will be involved in preparing financial reporting packages that are delivered to executive management and the Board of Directors on a monthly and quarterly basis. Additional responsibilities include the development of Company metrics/KPIs and management of the Company’s budgeting and forecasting system. The position will liaise with all levels of management and personnel within the organization and will provide ad hoc analytic support to the organization as needed. The successful individual will possess sound knowledge of quantitative data analysis and experience in software of a related high technology industry.
What You'll Do (Key Responsibilities)
- Manage the budget, forecast, and long-range plan processes by leading the coordination of activities, and related reporting and analysis tasks.
- Support business leaders to develop their annual operating plan for expenses and sales.
- Manage and maintain the Company’s budgeting and forecasting system.
- Prepare monthly and quarterly reporting packages to management and the Board of Directors of the Company’s financial performance versus plan and forecast including updating the full-year forecastmonthly.
- Support the monthly close consolidation process by preparing variance analysis and reporting the results.
- Enhance product line financial models and planning processes to create effective data analytics and provide recommendations to enable better decision-making.
- Lead the cash flow management and forecasting process.
- Support the development, tracking and reporting of operational and financial metrics.
- Perform value added ad-hoc analyses, and special projects as required.
What You Bring (Requirements)
- Bachelor's degree in Finance, Accounting, Business or related field.
- 8–12 years experience in financial analysis, budgeting, and forecasting or accounting.
- Detailed understanding of revenue recognition, ideally in a SaaS environment.
- Advanced knowledge of MS Excel including ability to create complex financial and analytical models (using pivot tables, v-lookup, other complex formulas).
- Advanced knowledge of MS PowerPoint.
- Experience with ERP systems (preferably NetSuite preferably).
- Experience with budgeting and forecasting software (Planful preferably but any planning systems experience is a benefit).
- Working knowledge of relevant CRM systems (Salesforce or similar).
- Experience with Business Intelligence (BI) tools and relational databases.
- Strong understanding of GAAP, financial statements, and monthly/quarterly accounting processes.
What You Bring (Nice to Have)
- Experience working in a cloud software (SaaS) company.
- Experience working in a publicly traded company.
- Solid understanding of sales operations and metrics within a SaaS environment (ACV, TCV, ARR/MRR, Churn, Customer acquisitions costs, etc.)
$100,000 - $140,000 a year
We are proud to offer competitive salary ranges aligned to industry standards. Please note that our ranges are representative and individual compensation specifics may vary based upon experience level, professional competencies and geographic differentials.