Vice President of FP&A, Cross River
$150-175k
Office located in Fort Lee, NY
Banking and fintech services
Posted today
Banking and fintech services
1001+ employees
Posted today
$150-175k
Office located in Fort Lee, NY
1001+ employees
Company mission
To enable clients to deliver responsible financial solutions that empower consumers anytime, everywhere.
Role
Who you are
- Bachelor’s degree in economics, accounting, finance, or any related field; MBA (Preferred)
- Minimum of 12-15 years’ experience in the FP&A department in a mid-size to large commercial bank. High Tech experience is a plus
- Banking finance/reporting experience is a must
- Expert knowledge of financial planning
- Strong quantitative/analytical skills and ability to critically think outside the box
- Communication: you're a master communicator (written &verbal) with people at all levels within an organization
- Excel & PowerPoint advanced skill set
- Technically inclined: you quickly learn and master new information
- Presentation skills with the proven ability to focus on the details as well as zoom out for high-level messaging and takeaways
- Knowledge of G/L, FP&A and BI tools is a plus (i.e. Workday, Tableau, Axiom, Adaptive, Alteryx)
What the job involves
- This candidate will be a direct report to the Head of FP&A
- You will be responsible for leading a team in budgeting, forecasting and presenting to the CEO and senior audiences the financial and business performance of the company
- This person will play a critical leadership role in assisting the Finance leadership and senior management to make profitable and data-driven strategic decisions
- The selected candidate will oversee the HQ central consolidation FP&A team, including business case and heavy emphasis on hiring, development, process improvements, analytics and data/system governance
- You will lead the annual budgeting process, cross-functional analysis, long term financial forecasting, monthly Board reporting and special projects (i.e. strategic initiatives and finance transformation)
- You will not just be managing the company’s expectation to financial budget, but also provide deep insights or hypotheses to assist with business KPIs
- You will provide analysis of the monthly P&L report: financial results versus forecast, prior year and budget
- Perform revenue, margin, and operating expense variance analysis
- Head count tracking and benefits analysis
- Support long-term financial elements of strategic planning
Our take
Cross River is a fintech and banking company that builds scalable embedded payments, cards, lending, and crypto solutions for businesses and individuals. Now a unicorn company with a valuation exceeding $1 billion, Cross River was founded in 2008 as a way to combine the innovations of financial technology with the existing world of banking.
Cross River has partnered with rising fintech businesses such as Ibanera, helping the Florida-based company build an all-in-one cross-border payments service. The company’s bigger picture approach has allowed it to develop several arms in the lending, compliance, and capital market sectors, amongst others, leading to a corporate flexibility that is crucial in the rapidly-evolving market.
Cross River was named as one of several companies under investigation for facilitating PPP fraud in the US as of December 2022. It has also come under intense scrutiny from the FDIC for allegations of unsafe banking practices in relation to its lending activities, with a consent order issued in March 2023. In the wake of the FTX and Silicon Valley Bank collapses the regulatory environment is getting tougher and Cross River clearly needs to ensure its processes and activities are compliant with the law if it is going to return to its previous position of growth.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 4 rounds)
Mar 2022
$620m
LATE VC
Apr 2020
$100m
SERIES C
Total funding: $848m
Company benefits
- Retirement planning
- Employee development fund
- Ongoing learning and development opportunities
- Volunteer opportunities
- Charitable donation matching
- Monthly happy hours
- Free haircuts in our salon located at HQ
- Complimentary dry cleaning at HQ
- Valet parking at HQ
- Shuttle service to/from NYC
- Gym located at HQ
- River Cafe at HQ
Company values
- Humility
- Integrity
- Creativity
- Compassion
- Responsibility
Company HQ
Fort Lee, NJ
Articles
Leadership
Gilles Gade
(CEO & Chariman)Previously CFO at First Meridian Mortgage, Co-Founder and Managing Director at Chela Technology Partners, Associate Director at Barclays Capital and Investment Banking Associate at Bear Stearns & Company.
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