Director of Strategic Finance, Navan
Payments
$172.5-292k
3+ days a week in office
Travel management company
Open for applications
Travel management company
1001+ employees
Open for applications
$172.5-292k
3+ days a week in office
1001+ employees
Company mission
To reinvent the legacy category of travel and expense with one of the first enterprise technologies utilising the cloud, mobile, and AI to balance business needs with today's modern standards.
Role
Who you are
- 10+ years of experience in strategic finance, preferably at a high growth, fintech focused business; consulting experience and/or MBA a plus
- Be a strategic, opinionated partner to these businesses and influence the overall product strategy
- Finance minded with strong operational focus to drive process, systems, and execution in a scalable and repeatable way. Prior FP&A experience combined with business unit/operational/strategic roles is a plus
- Able to “roll up sleeves” and go deep into the business analytics, understanding details while managing Exec level communication
- Proven ability to build strong collaborative working relationships with the business while effectively working cross functionally to drive alignment
- Exceptional analytical capabilities and business acumen with the ability to simplify and distill complex business information in a consumable way
- Ability to deal effectively with ambiguity and thrive in an unstructured, fast-paced environment
- Excellent stakeholder management and influencing skills (including verbal and written communication skills). Must be able to work in a Matrix, leading both direct and indirect reports
What the job involves
- We are seeking a seasoned finance leader to manage the finance function for our payments business
- This person will be responsible for end-to-end financial support of the payments business including the planning process, defining and tracking key financial metrics, pricing, influencing overall business strategy, and board documents
- This role will also be responsible for driving scale and process optimization into the work we do to effectively support our payments business as it grows
- Act as a finance lead providing centralized support for our payments business, working closely with the GM, CCO, Controller, Treasury and external partners
- Own financial reporting including BOD materials, monthly business reviews, benchmarking and other analyses
- Go deep on understanding business drivers and develop insights across segments and cohorts to understand trends and proactively identify areas of opportunity and risk
- Lead financial planning for our payments business (e.g. Annual and Long Range Planning), partnering across the FP&A team and the business to define the calendar, standardized templates, and support consolidation
- Help define and deliver the strategy for our payments product with rigorous thinking and frameworks and answer key questions business leaders are wrestling with, including GTM plans, pricing, underwriting procedures, balance sheet optimization, partnerships and M&A where needed
- Partner with Data Science and Operations on requirements to identify and improve systems and tools needed to effectively scale with business growth
- Build and develop a high caliber team to scale with the business over time
Our take
Navan (formerly known as TripActions) is operating in a crowded marketplace, betting against rivals with similar offerings of user interface personalisation technology. Even so, the company's growth has skyrocketed and it has attracted significant investor interest. Competitors cannot match Navan's cutting-edge, AI-driven services, as well as 24-hour customer support.
Since its founding in 2015 the company has seen significant growth in transactions and in active users. Having expanded from its core travel expense management product, it now offers a corporate card and general expenses management, underwriting its customers' short term business expenses with its own Liquid financial offering. Navan has a list of impressive clients, including Glassdoor, Zoom, and Shopify.
Moving forwards, the company is focused on gaining more reach, especially in Europe. As part of the expanded go-to-market strategy, it rebranded to Navan with a more people-centric design approach. It also combined its travel, corporate card and expense services into a single app which is now available to individual users rather than only through a corporate account. This will be key in bridging the gap between business travel and consumer apps, especially in the lead-up to its reported IPO in the near future.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 9 rounds)
Oct 2022
$154m
SERIES G
Oct 2021
$275m
SERIES F
Total funding: $1.1bn
Company benefits
- Flexible Vacation
- Healthcare
- Commuter benefits
- Parental leave
- Health and Wellness
- Fuel for Connection
- Pet Friendly
- 401k (retirement plan)
- IATAN (travel-related discounts)
- Connectivity Allowance
- Learning & Development
Company HQ
Ventura, Palo Alto, CA
Leadership
Ariel Cohen
(Co-Founder & CEO)Research and Development director in Mercury Interactive (and HP after acquisition of Mercury). Product Management director, then VP, at Jive Software. Previously co-founded StreamOnce with Ilan.
Ilan Twig
(Co-Founder & CTO)Studied Computer Science, managing positions in software engineering including VP and EVP of engineering at Jive Software. Previously co-founded StreamOnce with Ariel.
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