Head of Finance, Whizz
Russian-English Speaking
E-bikes subscription service
Posted today
E-bikes subscription service
21-100 employees
Posted today
21-100 employees
Company mission
To revolutionize the transportation industry for delivery drivers.
Role
Who you are
- Proven experience in a senior finance role, preferably in a high-growth startup in the US
- Proven expertise in financial modeling, forecasting, and budgeting
- Proven experience with capital raising and/or investment funding on both sides, venture capital
- Understanding of accounting principles and financial regulations in the US
- Proven experience to build and lead a high-performing finance team on a day-to-day basis
- Readiness to work in a high-growth startup, which means the ability to build processes from scratch, not just maintain existing ones
- Russian speaker with excellent English required
- Experience with inventory accounting is highly desirable or willingness to learn and understand the process quickly
What the job involves
- The Head of Finance will establish and lead a finance department that underpins the company’s rapid growth with operational excellence and strategic financial management
- Build Reliable Financial Processes: Develop and implement effective, transparent, and reliable financial processes, including day-to-day operations, accounting, internal/external reporting, budgeting, and analytics
- Develop Financial Modeling and Forecasting: Create and maintain accurate financial models and forecasts to support the planning of new products, geographical expansion, and strategic hypotheses
- Improve Budgeting and Cash Flow Management: Ensure cost-efficiency and financial control, enhance transparency, and maintain precision in daily spending while supporting the Company's active growth
Our take
With New York City alone home to over 60,000 delivery workers, Whizz is seizing the opportunity to innovate the electric bike rental industry. Many e-bikes available today are expensive, or do not meet regulations, so Whizz offers affordable and safe e-bikes to gig workers through its marketplace platform.
Whizz was founded in 2022 but already has notable partnerships with Grubhub and DoorDash, offering their drivers rent-to-own and subscription schemes at a discount. Whizz subscriptions also include service, maintenance and anti-theft protection, providing strong coverage for workers whose income is reliant on the quality of their vehicle.
Early funding will be channelled into expansion, as Whizz pushes to capitalise on its strong start. It does have a prominent competitor in Zoomo, a company that has already entered a partnership with Uber Eats, though it is too early to say if either business is a frontrunner to capture this growing market. Either way, things certainly look promising for Whizz's future.
Steph
Company Specialist at Welcome to the Jungle
Company
Funding (last 2 of 7 rounds)
Jun 2024
$5m
EARLY VC
Apr 2023
$3.4m
SEED
Total funding: $15.5m
Company benefits
- Opportunity to join a dynamic and innovative company, collaborating with a team of highly skilled professionals dedicated to excellence
- Training and support
- Flexibility
Company HQ
West Village, New York, NY
Leadership
Mike Peregudov
(Co-Founder & CEO)Also the Co-Founder of S16VC and Yandex Chef.
Ksenia Proka
(Co-Founder)Previously the Co-Founder of Moy Device.
Artem Serbovka
(Co-Founder)Previously the CTO and Co-Founder of MyDevice.
Alex Mironov
(COO & Co-Founder)Previously Co-Founder & COO of MyDevice.
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