Product Finance Analyst

Menlo Ventures; Menlo Park (CA); On-site; USD 108,000 - 144,000; Full time

Job summary

Join Snowflake's Product Finance team to manage cloud expenditures and support data-driven decisions. You'll collaborate with engineering and finance teams to enhance reporting, analyze costs, and partner in strategic initiatives. This role offers impactful opportunities in a rapidly growing tech environment.

Benefits

Medical, Dental, and Vision insurance

401(k) retirement plan

Paid time off

Flexible spending and health savings accounts

Parental leave

Employee assistance program

Qualifications

• 2-3 years of experience in Finance or Accounting, preferably in SaaS.
• Proficient in SQL and Excel, comfortable with big data.
• Experience understanding GAAP and working with Accounting.

Responsibilities

• Manage cloud spend, track actuals vs forecast, and improve reporting accuracy.
• Analyze infrastructure spend, resolve anomalies, and provide reduction strategies.
• Partner with stakeholders to standardize tools managing CSP spend.

Skills

SQL

Problem Solving

Data Analysis

Communication

Excel

Education

Bachelor’s in Finance or Accounting

Tools

Business Intelligence tools

Job description

Build the future of the AI Data Cloud. Join the Snowflake team.

As a member of Snowflake’s Product Finance team, you will help support our rapidly growing business through developing deep expertise around our cloud infrastructure and acting as a strategic partner in all matters cloud related. We are looking for a quick learner that is adaptable, innovative, and willing to challenge the status quo.

WHAT YOU WILL DO :

• Along with 5 other team members, help manage Snowflake’s Cloud Spend. Track actuals vs forecast, partner with key stakeholders, and continuously iterate to improve accuracy.

• Answer detailed questions around our unit economics via SQL queries. You’re not just tweaking premade queries - you write from scratch. Enable strategic decision making with insightful data.

• Identify problems and abnormalities in our infrastructure spend and quickly resolve them to minimize business impact. Provide recommendations on ways we can reduce COGS/OpEx and improve margin.

• Partner with our BI team to build standardized tools for managing our CSP spend. You’re focused on scaling processes and reporting as we grow into a $10bn business. At Snowflake, we pride ourselves on developing our internal tooling vs relying on 3rd parties for analytics.

• Be an expert on the cost reporting structure and AWS, Azure, and GCP offerings

• Work closely with our Accounting team on our monthly close process by providing guidance on COGS/R&D classification.

• Become a trusted business partner to our Engineering and Product Management teams on all aspects of our cloud spend. You will be leaned on as an active advisor for cost considerations whenever our infrastructure is involved.

WHAT YOU WILL NEED :

• 2-3 years of experience in Finance, Accounting, or Management Consulting. Experience working in a SaaS business alongside Engineering and Analytics teams is strongly preferred.

• Comfort working with all stakeholders. In this role you will be exposed to personas across all levels of the organization.

• Based on your FP&A experience, you understand how the close process works. You also understand how to juggle competing priorities outside of traditional FP&A to balance against multiple deadlines.

• Experience mentoring and reviewing the work of other team members

• Comfort with big data and strong Excel skills. You know when and how to utilize Excel, and are proficient in SQL and using a BI tools.

• Preferred: Experience in analyzing the cost and usage data from AWS, Azure, or GCP. FinOps certification is nice to have.

• Solid problem solving ability and experience working through ambiguity or unknown datasets. You take initiative and are adept at influencing external stakeholders to achieve a common goal.

• Good understanding of GAAP and history of working with Accounting teams. You know how to classify something as COGS or OpEx, and if you are unsure, then you know the right questions to ask.

• Knowing how to communicate complex and technical concepts in a succinct and simplistic manner to a less technically knowledgeable colleague will be critical to success. You are comfortable presenting to VP/C-level leadership.

• You have a thirst for knowledge and your first version is never your best. You are a believer that there is always a better way and you continually work towards that.

• Bachelor’s in Finance, Accounting, or CS.

Every Snowflake employee is expected to follow the company’s confidentiality and security standards for handling sensitive data. Snowflake employees must abide by the company’s data security plan as an essential part of their duties. It is every employee’s duty to keep customer information secure and confidential.

Snowflake is growing fast, and we’re scaling our team to help enable and accelerate our growth. We are looking for people who share our values, challenge ordinary thinking, and push the pace of innovation while building a future for themselves and Snowflake.

How do you want to make your impact?

For jobs located in the United States, please visit the job posting on the Snowflake Careers Site for salary and benefits information: careers.snowflake.com

The following represents the expected range of compensation for this role:

• The estimated base salary range for this role is $108,000 - $143,800.
• Additionally, this role is eligible to participate in Snowflake’s bonus and equity plan.

The successful candidate’s starting salary will be determined based on permissible, non-discriminatory factors such as skills, experience, and geographic location. This role is also eligible for a competitive benefits package that includes: medical, dental, vision, life, and disability insurance; 401(k) retirement plan; flexible spending & health savings account; at least 12 paid holidays; paid time off; parental leave; employee assistance program; and other company benefits.