Finance Manager, Upway
Global
Offers equity
Reconditioned e-bike marketplace
Open for applications
Reconditioned e-bike marketplace
101-200 employees
Open for applications
Offers equity
101-200 employees
Company mission
To accelerate e-bike adoption and reduce waste.
Role
Who you are
- Strong academic background
- 5+ years of relevant experience (eg. Operations, Consulting or Finance), with 2+ years in Finance
- Fluency / Native in English. French and / or German speaking is a plus but not required
- Autonomy and ability to operate in high pace environments
- Willingness to take total ownership of topics and be accountable for results
- Excellent communication skills, both written and oral
What the job involves
- Upway is currently recruiting for the position of Finance Manager
- This role presents a unique opportunity to drive significant impact on building the finance team and function from scratch
- The role includes taking ownership of building the proper accounting systems and processes, designing and executing financial reporting and governance, collaborating with our business leaders on all sides of the world, and supporting the founders on ad-hoc finance / investors related projects
- Define the vision for the finance function and build the finance team from scratch
- Set-up the accounting systems and processes across France, Germany, Belgium and the US in order to deliver a clean a proper financial vision on a monthly basis
- Manage Upway treasury (we have cash!) in the most efficient way
- Design and run a regular finance governance, including reporting, planning and re-forecasting, to support the business with the most accurate financial view
- Be a thought partner to founders and business leaders, in order to support them making the best business decisions
- Support founders on investors relationships and related projects
- Initiate and develop banking relationships as we scale the company in order to optimize our debt structure and return on capital
- Bring financial insights to the leadership team
- Build a strong finance culture within the team
- Reporting To: Stéphane Ficaja
Application process
- Applied
- Phone Screen
- Interview
- Offer
- Hired
Our take
Upway is a second-hand marketplace for electric bicycles, offering a more affordable alternative to new models. The company purchases e-bikes from both private sellers and e-bike companies, refurbishing them and reselling at a discount, a model that appeals to those looking for quality e-bikes at a lower cost.
The electric bike market in Europe is booming and expected to double in value over the next decade. Upway capitalises on this growth by addressing consumer concerns about the quality of second-hand bikes. Through its refurbishment process, it ensures customers can confidently purchase pre-owned bikes, reducing both costs and environmental impact.
In addition to its expansion into key European markets, Upway has recently formed a strategic partnership with Rad Power Bikes. Through this collaboration, customers of Rad's US retail locations can trade in their old e-bikes for discounts on new models, supporting a circular economy. An exciting partnership that strengthens Upway's position as a leader in sustainable mobility and makes e-bikes more accessible.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 3 rounds)
Nov 2023
$30m
SERIES B
Jun 2022
$25m
SERIES A
Total funding: $61m
Company HQ
Gennevilliers, France
Articles
Leadership
Toussaint Wattinne
(Co-Founder & CEO)Before co-founding Upway, spent eight years at Uber in a variety of roles, including Director and Regional General Manager.
Stéphane Ficaja
(Co-Founder)Engineer with experience at AirFrance and FinTech company Misys. Like co-founder Toussaint Wattinne, worked at Uber for eight years in a number of Directorial and Regional Management roles.
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