Note: The job is a remote job and is open to candidates in USA. de Anda Capital is a principal-led firm that works with founders and operators to source, diligence, acquire, and scale businesses. The FP&A Analyst Intern supports the deal team through quality of earnings analysis, valuation and returns modeling, portfolio FP&A and reporting, and deal process management. The role also involves translating financial and diligence findings into conclusions affecting valuation, transaction structure, and representations.
Responsibilities
- Quality of earnings on acquisition targets: running the diligence request list, reconciling trial balances and GL detail to the financials, proving out cash against bank statements, converting cash-basis books to accrual, building the reported-to-adjusted EBITDA bridge, setting a defensible working capital peg, and identifying debt-like items that reduce purchase price at close
- Valuation and returns modeling: building three-statement operating models, DCFs from first principles (FCF buildup, WACC, terminal value, sensitivities), LBO models reflecting the actual contemplated structure including seller notes, earnouts, and rollover equity, plus comps, precedent transactions, covenant headroom under downside cases, and sources and uses
- Portfolio FP&A and reporting: maintaining budgets, forecasts, and rolling projections for portfolio companies, producing monthly and quarterly packages with budget-to-actual variance analysis and written commentary, and building and tracking operating KPIs for investment committee and lender reporting
- Deal process management and synthesis: managing the Q&A workbook and follow-ups with management and seller-side accountants, reviewing and challenging external QoE providers rather than accepting their work as delivered, producing the databook and adjustment schedules, and translating findings into written conclusions on what affects valuation, structure, or reps — while getting up to speed on a new industry's economics with each thesis
Skills
- Advanced Excel. You should be able to build a model from a blank workbook rather than editing someone else's template
- You can take an ambiguous request and return a defensible answer without being managed through it
- You can get up to speed on an unfamiliar industry fast — identifying the two or three economics that actually drive value in that sector rather than producing a general survey of it
- You are precise about the difference between what the data supports and what you believe. When support is unavailable, you say so rather than filling the gap with an assumption
- You flag decisions rather than resolving them silently
- You are comfortable telling a senior person that a number they have been using is wrong
- Candidates enrolled in or recently completed an MBA or graduate business program are preferred
- 2-4 years of work experience is preferred, including internships
- CPA, CPA candidate , or on a defined path to eligibility is strongly preferred
- Prior exposure to accounting due diligence, financial due diligence, transaction advisory, or audit is a meaningful advantage
Benefits
- Remote (US-based, NYC preferred)
- Phase 2 is a transition to a part-time paid Analyst role, with increased scope and defined performance benchmarks.
- Conversion to full time is offered to strong performers to a full-time paid Analyst role with a clear path to Junior Partner at de Anda Capital or an affiliated platform.
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