Strategic Finance Associate, Cleo
+ Equity
1-3 days a week in office
AI personal finance assistant
Job no longer available
AI personal finance assistant
201-500 employees
Job no longer available
+ Equity
1-3 days a week in office
201-500 employees
Company mission
To help millions of people improve their financial health, and relate to them in a way their banks never could.
Role
Who you are
- 3+ years of experience in strategic/corporate finance, investment banking, private equity, consulting, or venture capital
- Comfort creating and presenting materials to an executive audience - proven ability to communicate key takeaways to cross-functional partners and senior leadership
- Demonstrated problem-solving & analytical capabilities - clarity of thought to cut through the noise & identify what actually matters
- Ability to develop creative solutions for challenging, open-ended problems – even with no prior background in the subject matter
- Strong financial modeling skills - ad hoc analysis and building & maintaining complex models using large data sets should come naturally
- A get sh*t done mindset; you’re able and excited to conceive of projects independently and deliver at pace with limited resources
- An understanding of equity and debt capital markets, financing structures, and transactions
Desirable
- Previous experience in, or a passion for, the Fintech sector, especially high-growth startups or business models with a lending component
- Experience working for a Global company across different time zones (you’ll be working with both a UK & North American team every day)
What the job involves
- We are looking for a Strategic Finance Associate to join our data-driven Strategic Finance function at a high growth, world-class fintech
- This will be the sixth member of our small but mighty team that includes our CFO & Head of Strategic Finance, as well as a wider team focused on FP&A and Capital Markets
- You’ll help prepare and eventually lead, various strategic and commercial analysis as part of a high-impact team focused on delivering critical financial insight and results
- You’ll help the company improve decision-making, processes, and operations as we continue to scale rapidly toward our Series D and beyond
- You'll work closely within our Strategic Finance team, as well as collaborate with the CEO Office and various teams across the company to enhance our analytical and financial capabilities, reporting, and decision-making
- Communicating real-time results and latest scenario planning analysis directly to the CEO Office and wider leadership team members to ensure alignment and to support company-wide strategic decision-making
- Working with the Commercial, Credit, Data, Finance, Growth, Partnerships, and People teams to create dynamic multi-scenario forecasts and cohort models, and other ad hoc financial analyses such as variance investigation
- Contributing to board materials, fundraising materials, and other external reporting to advise investors and other key strategic partners
- Supporting equity and debt fundraising activities in the lead-up to our future Series D, including engaging with external stakeholders such as investors, banks, and other partners
- Regular reporting on key metrics to senior management & the Board, and supporting our Investor Relations and external business performance communications strategy
- Assisting with the Finance team’s monthly, quarterly, and annual reporting processes
- Leading projects to develop & future-proof the Finance function by exploring new tools and ways to automate manual processes
- Conducting competitor analysis benchmarking, comparable analysis, and market research
Salary benchmarks
Our take
People are increasingly not satisfied with the products being offered by traditional banks, which have proven slow to react to the needs of younger consumers who expect more from their everyday experiences.
Cleo was one of the first companies to make great use of chatbots that sit within Facebook's messenger app. This chatbot-first approach and Gen Z user base have given it strong virality. It now has millions of registered users, 99% of which are based in the US, leading to a decision to take a year break from the UK market to focus on its US Gen Z customers.
Its Series C funding will help the company to double down in the US, where it will make a significant increase in employee headcount, and enable Cleo to maintain and expand its service during an economic downturn.
Financial advice delivered via bots is a crowded space, so Cleo benefits from having a strong brand presence. It has gone for very bold, fun, Gen Z-focused messaging which helps it to stand out from competitors such as Emma, Plum, and Chip.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
43% female employees
24% employee growth in 12 months
Company
Employee endorsements
Nice people
"Cleople are unmatched. The vibes, the energy, the friendships. I genuinely love my colleagues and have developed real-life friendships. I don't know..."
Funding (last 2 of 5 rounds)
Jun 2022
$80m
SERIES C
Dec 2020
$44m
SERIES B
Total funding: $137.5m
Company benefits
- 25 days of Annual leave a year + public holidays (+ an additional day for every year you spend at Cleo)
- 401k matching in the US and 6% employer-matched pension in the UK
- Online courses, £150 annual budget & internal training to level up your skills
- Regular socials and activities, online and in-person
- Online mental health support via Spill
- 1 month paid sabbatical after every 4 years with Cleo
- OpenAI Plus subscription
- Electric vehicle salary sacrifice scheme and cycle-to-work scheme
- Life assurance and income protection via AIG
- Medical insurance via Axa and Healthcare cash plan via Medicash
- Performance reviews every 8 months. Generous pay increases for high performers and high-growth team members. Equity top-ups for team members getting promoted
Company values
- Make it Happen
- Learn at Speed
- Bring Good Vibes
Company HQ
London, UK
Leadership
Barnaby Hussey-Yeo
(CEO)Data Scientist at Wonga, one of the companies that pioneered the smart use of data for loan decisions. Joined Entrepreneur First where Cleo was formed.
People progressing
Joined Cleo straight from Makers Academy in 2018, and became Technical Lead in 2021.
Diversity, Equity & Inclusion at Cleo
Annie Jackson (Head of Talent )
- We’ve set up an internal committee of truly passionate people that are dedicated to ensuring Diversity and Inclusion is embedded in how we all operate as a team. We agree on meaningful actions, and get on with implementing them. We have three main focuses right now, which are:
- 1) Improving SocioEconomic diversity across the company
- 2) Increasing the number of women in Leadership roles
- 3) More community outreach
- Check out our 2022 Diversity and Inclusion report, here: https://web.meetcleo.com/blog/cleo-diversity-equity-and-inclusion-report-2022
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