Finance Rotation Program

Snowflake is about empowering enterprises to achieve their full potential - and people too. With a culture that's all in on impact, innovation, and collaboration, Snowflake is the sweet spot for building big, moving fast, and taking technology - and careers - to the next level.

Snowflake's Finance Rotation Program consists of three challenging 1-year roles across finance and accounting. Our rotations are designed to develop your understanding of finance and accounting and provide a comprehensive understanding of how Snowflake operates to accelerate you towards your career goals. This program will also provide personalized mentoring and exposure to an extensive network of finance leaders to expand your career growth opportunities.

Participants in the rotation program are positioned to become well-rounded leaders through on-the-job learning and continuous mentorship to supplement your professional development. By starting your finance and accounting career at Snowflake during this rapid phase of growth, you'll have unparalleled exposure and learning opportunities and the chance to make a lasting impact at the fastest growing enterprise software company in the world.

• Exceptional critical thinker who is able to identify causes as well as formulate solutions with a high level of professionalism, objectivity, and an open mind

• Effective communicator who conveys important information in an engaging and personable manner

• Passion for detail and quality, an ability to identify weaknesses in data and process, and a willingness to drive improvement

• Flexible team-player who easily adapts to an ever changing, dynamic, high-pressure environment

• Committed self-starter with a demonstrated history of strong work ethic and reliable task completion under minimal direction

• Passionate, lifelong learner who seeks opportunities for continuous professional development

• Problem-solver who can effectively and objectively navigate solutions while focusing on the big picture

• BA/BS/MS in Finance, Economics, Accounting, Business Administration, or related quantitative field

• 0-1 years of Finance or Accounting experience/internships in either a start-up environment or IB/Equity Research

• Experience using Excel and Powerpoint (Ability to build reports, dashboards, pivot tables, VLOOKUP's, etc.)

• Understanding of accounting principles and financial statements

• Knowledge of GAAP

• Experience in using Tableau or similar - desired

• Recognized professional qualification(s) CA/CPA/CIA is a plus

• Experience with Adaptive Insights is a plus

• Experience with cloud-based or software as a service (SAAS) companies is a plus.

• Salesforce, Vertex, Stripe, lockbox and Workday Financials ERP experience is a plus

• Thorough understanding and adherence to applicable SOX controls is a plus

• Build and enhance our short- and long-term forecasting model to support critical expansion and operational strategies

• Deliver and craft high-quality presentations for senior executives and investors

• Provide detailed reporting, building scalable processes, and driving strategic initiatives

• Develop expertise in understanding how our customer's consumption and costs translate to the P&L

• Help prepare monthly financial review packages and month/quarter-end close process

• Provide in-depth financial analysis and forecasting related to headcount, department expenses, CAPEX, corporate allocations and company software spend

• Work cross-functionally with Sales, HR, and Finance

• Generate trended monthly expense analysis to improve visibility into areas such

as Professional Services, Software Subscriptions and Travel

• Prepare monthly financial review packages and support the month/quarter-end close process for business partners in order to review expenses, discuss variances and update forecasts

• Drive better understanding of Snowflake's positioning and emerging trends for our management team by analyzing financial research/information about our peers and the industry

• Support the quarterly earnings results process, schedule, and the content of strategic news releases

• Assist with competitive and strategic analysis on our peers, and the industry as well as buy/sell-side trends to help keep management aware of the markets and investor views on Snowflake

• Investments:

  • Interest income reporting and forecast preparation

  • Asset manager compliance testing and reporting using Clearwater

  • Performance attribution analysis

• Working Capital Management:

  • Control Daily cash management, initiate payments, anticipate short-term borrowing needs and communicate them to proper personnel

  • Support month-end, quarter-end, and year-end close activities

• Reporting:

  • Build Treasury dashboard, maintain and enhance cash forecasting

  • Build and maintain bank fee analysis and treasury budget preparation

• Financial Controls and Compliance:

  • Support Treasury S-Ox reporting, S-Ox control documentation of sales and use tax a property tax process controls

  • Support tax reconciliation processes

• Support our Business Internal Controls assessment, other operational Audits and investigations

• Review the business processes, develop and update Risk and Control Matrices, flowcharts, and testing procedures

• Assess and analyze the impact of control deficiencies and audit findings; gain stakeholder agreement on root causes of issues and appropriate corrective actions, while maintaining positive business relationships

• Assist in gathering and documenting accounting requirements/wishlist for automation

• Prepare project documentation & articulate solutions needed from a business perspective

• Draft proposed workflows with feedback from business users, including updated controls documentation

• Using RPA (Robotic process automation) to automate repetitive manual work.

• Learn about various accounting focus areas (Accruals, Leases, Capitalized Software, etc.) by understanding an underlying business process as well as applicable accounting guidance

• Participate in month end close activities, such as preparation of journal entries, reconciliations and variance analyses

• Collaborate with various business partners (such as Engineering, FP&A, Workplace) on collecting, analyzing and ensuring integrity of various data used in accounting processes

• Assist in various process improvement projects, including automation, user acceptance testing (UAT) and new system and process implementations

• Serve as a Procurement partner and liaison to the business supporting all designated functions, Procurement projects, and vendor onboarding & management

• Collaborate with Snowflake's Legal and Security departments to ensure compliance with requirements and standard contract terms

• Measure, manage and improve supplier performance against negotiated SLAs and quality metrics

• Partner with our Global Contracts team to review Contracts and redline documents

• Assist with the management of Snowflake's supply chain

• Help with all aspects of negotiations, including the creation of negotiation plans

• Support the Travel and Expense Process

• Support month end and quarter end close process for Partner programs: prepare accruals, update forecast, perform variance analysis

• Prepare monthly and quarterly financial reporting pack for review with business and finance teams

• Review and audit monthly incentives payment calculations and address any gaps

• Track and report Partner Programs budget utilization and performance metrics

• Perform financial analysis to evaluate ROI for Partner programs

• Collaborate with Finance, Alliances Programs team, Sales Operations, IT , legal and Accounting teams to support month end process and execution of Partner Programs

• Assist with cross-functional initiatives, focused on supporting Alliances leadership to design, build, and scale Snowflake's GTM programs

• Ensure compliance and alignment to Partner programs governance and Internal Audit

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 $74,000 - $96,600.
• 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.

To comply with pay transparency requirements and other statutes, you can notify us if you believe that a job posting is not compliant by completing this form.