Strategic Treasury Forecasting Manager, CoreWeave
$127-168k
This position includes a discretionary bonus, equity and Employee Stock Purchase Program
Office located in Manhattan, NY
Specialized cloud provider
Be an early applicant
Specialized cloud provider
201-500 employees
Be an early applicant
$127-168k
This position includes a discretionary bonus, equity and Employee Stock Purchase Program
Office located in Manhattan, NY
201-500 employees
Company mission
CoreWeave's mission is to deliver a massive scale of GPU compute resources on top of the industry’s fastest and most flexible infrastructure.
Role
Who you are
- Candidates will have outstanding partnership and communication skills, be able to handle multiple priorities, possess deep attention to detail, have an unrelenting drive to get to the answer, and have the ability to thrive in the ambiguity and open space that comes in a fast-growing organization
- Candidates will also be required to have mastery of Excel with excellent modeling and data manipulation skills
- 5+ years of progressive experience with a strong preference for those who have developed, implemented, and managed large-scale, cross-functional workstreams
- Treasury and Corporate Finance experience is required. Investment banking, private equity, or similar experience is a plus
- Advanced analytical and quantitative abilities. Superior forecasting methods and techniques are a plus
- Highly articulate with excellent verbal and written communication skills. Capable of communicating complex financial information in an easy-to-understand format
- Demonstrated understanding of GAAP accounting and key non-GAAP metrics
- Outstanding software and system skills (e.g., master proficiency in MS Excel and Google Sheets is a must. Experience in Netsuite, SAP, or other ERP is a plus)
- You love to take ownership and get into the details
- You’re curious about global financial markets
- You’re an expert in forecasting
What the job involves
- We are seeking a high-performing, self-sufficient Manager to join our Treasury team
- This position reports to the Director of Treasury and will primarily support our capital structure, fundraising, and derivative risk management initiatives through ownership of the cash flow and debt fundraising models and compliance workstreams, as well as play a key role in other strategic initiatives across the organization
- A high level of ownership will be required, as well as the capacity to develop and document scalable processes
- Not only will you partner closely with traditional touch points within Finance, you will also partner with Corporate Development, Legal, Sales, and external parties to facilitate the company’s rapid growth
- Enhance and own the direct cash flow forecast (short-term and long-term) and partner with stakeholders to develop recurring processes and drive tighter forecast accuracy
- Integral team member on all debt fundraising initiatives, supporting all aspects of deal structuring, due diligence, and execution, and bringing transactions to a successful close
- Support our risk management program through collaboration on analytical work and the execution of interest rate and foreign-exchange derivatives
- Support Treasury’s compliance reporting framework, including financial covenant tests and KPI dashboarding for Treasury and executive management
- Demonstrate a high level of ownership while successfully leading through various initiatives and operational workflows with cross-functional teams across the broader Finance organization, as well as Sales, Legal, and Ops
- Prepare materials used for investor, management, and board-level presentations to support capital management decisions
- Support our monthly close and forecast processes by analyzing financial results, distilling and synthesizing key trends, and communicating risks and opportunities to influence business outcomes
- Prepare ad-hoc analyses for senior leadership on critical balance sheet and capital structure issues
Our take
Many cloud service providers can suffer from slow prediction speeds when they are used for data modeling. CoreWeave solves this problem with its specialized cloud service provider.
CoreWeave reduces prediction times and makes service requests faster and more efficient. This, in turn, cuts cloud costs considerably. This has proven to be a strong draw for many companies, with CoreWeave signing a lucrative partnership with GPU heavyweight NVIDIA as well as partnering with BitOoda, which has allowed it to expand its operations to the financial market.
However, in 2023 it closed three very significant rounds of funding (Series B and debt and secondary extensions), which is being invested into expanding its US-based data centers, opening two new ones in the coming year. The question remains whether, despite 2023's big investments in the sector, CoreWeave can maintain this momentum and whether generative AI's stock will continue to rise.
Steph
Company Specialist at Welcome to the Jungle
Insights
194% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
May 2024
$1.1bn
SERIES C
May 2023
$200m
SERIES B
Total funding: $1.7bn
Company benefits
- Medical, dental, and vision coverage
- Life and disability insurance
- Flexible Spending Account
- 401k with employer match
- Flexible PTO
- Catered lunch
- Kinside Childcare Concierge Service
- Gym reimbursement
Company HQ
Civic Center, New York, NY
Leadership
Michael Intrator
(CEO, not founder)Was Principal Portfolio Manager at Natsource Asset Managment for over 15 years. Served as CEO of The Atlantic Crypto Corporation and Hudson Ridge Asset Management.
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