Manager of Strategic Finance, Substack
$150-170k
Platform for writers & podcasters
Be an early applicant
Platform for writers & podcasters
1001+ employees
Be an early applicant
$150-170k
1001+ employees
Company mission
To give thinkers, writers, and creatives the opportunity to pursue their curiosity and make money at the same time.
Role
Who you are
- Minimum of 6+ years of combined experience in investment banking, private equity, management consulting, strategic finance, or FP&A
- Bachelor’s Degree in Finance, Economics, or other relevant disciplines
- Demonstrated excellence in project management skills, with the ability to manage and manipulate large data sets, critically analyze existing processes, and identify opportunities for process improvement
- Strong analytical, financial modeling, and problem-solving skills
- Excellent verbal and written communication skills, with the ability to simplify and distill complex concepts into digestible pieces
- Skilled at building relationships and influencing at all levels of management and across functions
- Ability to manage multiple tasks in a fast-paced environment while maintaining a high level of precision and attention to detail
- High level of ownership and intellectual curiosity with a result-oriented attitude
- Ability to provide recommendations to drive execution and decision-making; seen as a trusted and objective advisor
- Proficient with G-Suite and Microsoft Office Suite
- Bonus: experience with Aleph, SQL, Snowflake, Python, VBA
What the job involves
- We are seeking a Manager, Strategic Finance to join Substack. In this role, you will report directly to the Head of Finance and provide guidance and support with financial modeling, planning and analysis
- This is a critical role for ensuring Substack scales efficiently and drives sustainable growth in a fast-paced, innovative environment
- Develop and oversee financial models and analyses to support strategic decision-making and planning for the company's initiatives
- Collaborate with cross-functional teams to gather and analyze financial data, and present findings to senior management
- Develop or enhance a wide range of strategic analyses, including sales efficiency/cost of sales drivers, pricing strategy, and TAM analysis
- Monitor and report on key financial metrics, highlighting areas of concern and providing insights to drive performance improvement
- Participate in the development of long-term strategic plans, including evaluating potential investments and acquisitions
- Continuously identify and implement process improvements to streamline financial planning and analysis
- Communicate complex financial information in a clear and concise manner to non-financial stakeholders
- Deliver and craft high-quality presentations for senior executives, investors, and lenders
- Organize and lead due diligence, financial modeling, and other support for potential M&A, fundraising, and capital allocation activities
Our take
Substack is an online platform for journalists and writers to manage subscription-based newsletters. Substack has attracted a range of writers and publishers who wish to connect with their audiences while being removed from social media and other ad-based models.
For an industry that has seen a steady decline in its fortunes since the rise of digital, Substack offers journalism an alternative to the advertising-driven clickbait-focused model that has dominated the last decade. Substack has amassed more than 35 million subscribers.
The subscription newsletter space is a competitive market, but Substack claims to provide greater freedom to writers than its competitors. Writers produce their newsletters on the site for free, charging an optional subscription fee (minimum of $5/month) of which Substack takes 10%. The company continues to seek out ways to diversify its offerings, whilst securing funding rounds to expand its reach.
Steph
Company Specialist at Welcome to the Jungle
Insights
62% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Nov 2024
$10m
ANGEL
Apr 2023
$7.8m
LATE VC
Total funding: $100.3m
Company benefits
- Remote work support - All employees receive a generous allowance to customize their home offices
- Comprehensive health care - Substack covers 100% of premiums for employees and their dependents, and fully funds HRA plans
- Parental leave - We want employees to be fully present for the new members of their family, so we offer generous parental leave
- Flexible vacation and paid time off - You’re the best person to decide when you need a day—or a week—off to travel or decompress. Our flexible vacation policy puts you in control
- Company holidays and Winter shutdown - In addition to flexible time off, we honor 12 paid holidays annually on average. And we close the office between Christmas Eve and New Year's day to recharge each year
- Phone & internet stipends - Many of our employees work from home or on the go. So we offer full time employees a monthly stipend to cover for phone and internet costs
Company HQ
The East Cut, San Francisco, CA
Leadership
Chris Best
(CEO & Co-Founder)After several software internships, they co-founded Kik Interactive in 2009, serving as CTO until 2017. At this stage, they founded Substack, and have served as CEO ever since.
Hamish McKenzie
(Chief Writing Officer & Co-Founder)Previously a journalist for several publications include The Independent and Time Out. Lead Writer for Tesla and Editorial Advisor to Kik Interactive.
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