Who We Are
Cross River is a highly profitable, fast-growing financial technology company powering the future of financial services. Our comprehensive suite of innovative and scalable embedded payments, cards, and lending products deliver financial services for millions of businesses and consumers around the globe. Cross River is backed by leading investors and serves the world's most essential fintech and technology companies. Together with its partners, Cross River is reshaping global finance and financial inclusion.
We are on a mission to build the infrastructure that propels access, inclusion, and the democratization of financial services. While our company has tripled in size over the last three years, our strong sense of purpose led Cross River to be named to American Banker's list of Best Places to Work in Fintech for the last 6 years. The reason for this success is simple - our nimble and collaborative family culture lives in every member of our growing team. Together we are at the forefront of technology and innovation, and we invite passionate, collaborative, and motivated high performers to join our expanding team.
What We're Looking For
The FP&A Associate will focus on the Total Cost of the organization. They will be responsible for overseeing the reporting, planning, forecasting, and analysis of costs within our organization. This role will collaborate closely with cross-functional teams to provide actionable insights and recommendations to optimize cost structures and drive efficiency.
Responsibilities:

• Develop and maintain robust financial models to forecast and analyze costs, including but not limited to operating expenses, capital expenditures, overhead costs, cost allocations and compensation spend.
• Prepare regular reports and presentations for senior management, providing insights into cost trends, variances, and opportunities for improvement.
• Partner with department heads and business leaders to understand cost drivers and identify areas for cost optimization and savings.
• Lead the annual budgeting process for cost centers, working closely with stakeholders to establish realistic targets and allocate resources effectively.
• Conduct in-depth analyses of cost performance, identifying key trends, risks, and opportunities to enhance financial performance.
• Collaborate with the accounting team to ensure accurate and timely recording of costs and adherence to financial reporting standards.
• Proactively identify opportunities to streamline processes, improve efficiency, and implement best practices in cost management.
• Stay informed about industry trends, regulatory changes, and market dynamics that may impact cost management strategies.
• Communicate findings and recommendations effectively, both verbally and in writing, to diverse stakeholders across the organization.
• Demonstrate a high level of independence, initiative, and attention to detail in executing tasks and delivering results.

Qualifications:

• Bachelor's degree in Finance, Accounting, Business Administration, or related field; MBA or advanced degree preferred.
• Minimum of 5 years of experience in financial planning and analysis, with a focus on cost management, preferably in the banking or fintech industry.
• Strong proficiency in financial modeling, budgeting, forecasting, and variance analysis.
• Excellent analytical skills, with the ability to synthesize complex data and draw meaningful insights.
• Advanced proficiency in Microsoft Excel and PowerPoint; experience with financial planning software or ERP systems is a plus.
• Exceptional written and verbal communication skills, with the ability to articulate complex concepts to diverse audiences.
• Proven ability to work independently and collaboratively in a fast-paced, dynamic environment.
• Strong organizational skills and attention to detail, with the ability to manage multiple priorities and meet deadlines effectively.

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Salary Range: $90,000.00 - $125,000.00
Cross River is an Equal Opportunity Employer. Cross River does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need.
By submitting your application, you give Cross River permission to email, call, or text you using the contact details provided. We will only contact you with job related information.