Senior Manager of Strategic Finance, Zum
$190-230k
+ Equity
More information about location
Office located in Redwood City, CA
Student transportation services
Open for applications
Student transportation services
201-500 employees
Open for applications
$190-230k
+ Equity
More information about location
Office located in Redwood City, CA
201-500 employees
Company mission
To bring student transporation into a new era enabling greater safety, sustainability, equity, and transparency.
Role
Who you are
- Relevant work experience in Investment Banking, Private Equity, Strategic Finance, Corporate Finance, FP&A, Revenue/Sales Operations, and Strategy/Business Operations at fast-paced companies
- Expert knowledge of financial modeling, financial statements, ROI and new business analysis, in addition to corporate finance and accounting concepts. CFA or relevant certification is a plus
- Possess the ability to partner with and influence business partners and executives across the organization
- Strong problem solving and analytical skills; able to move quickly with little structure or guidance
- Strong interpersonal skills; collaborative working style; can communicate complex ideas effectively and simply to all levels of management
- Proven ability to translate large amounts of data and information into strategic and actionable insights, recommendations, and presentations
- Agile – you thrive in fast-paced and dynamic environments and are willing to get deep into the weeds where needed
What the job involves
- The Sr. Manager, Strategic Finance will partner cross functionally to identify areas of efficiency and growth to define Zum’s short-term and long-term business strategy
- Reporting to the VP, Finance, you will play a key role in delivering compelling strategic recommendations to the business that will drive improved performance, higher returns and optimal resource allocation
- This role will help manage the company’s annual business planning and quarterly reforecasting processes, develop & monitor companywide metrics & KPIs, report on trends and explain variances, and translate complex data into actionable insights to drive stronger business performance and profitability, ultimately helping to drive key-decision making across the organization
- You will find innovative ways to measure financial performance against plan and use these insights to inform Zum’s investment decisions
- This role will drive and build sophisticated, scalable, and airtight valuation, budgeting, forecasting, and reporting frameworks, processes and financial models
- In this role, you will support the decision-making process of Zum giving insight on shareholder value optimization
- Create, enrich and maintain financial models to support ROI based decision-making and inform key stakeholders across the organization of the financial implications of key business decisions
- Assist in the preparation of key stakeholder communications including Board of Director
- Conduct financial analysis, including variance analysis, scenario modeling and sensitivity analysis
- Design and implement financial modeling tools and software to enhance efficiency and accuracy of forecast and analysis
- Research and analyze industry trends, market dynamics and competition positioning, providing recommendations and informing and supporting the Company’s forecasting process
- Be a leader in a high functioning and collaborative team that is a central partner to the organization
- Analyze current and past trends in key performance indicators including all areas of revenue, cost of sales, expenses and capital expenditures; highlight trends and analyze causes of unexpected variances; develop and present recommendations to executives and operational leaders
- Drive growth and improvements in margin and profitability through effective business planning partnering with the leadership team to achieve overall alignment on goals
- Advise cross-functional peers on ways to optimize the business through budget and resource management
- Evaluate all new business opportunities by quantifying forward-looking financial impact
- Manage all ad hoc analysis for the Strategic Finance team
- Partner with the Data Team to provide key insights into performance and financial trends, linking leading indicators in current business drivers to future strategy
Our take
The largest mass transit system in the US is student transportation, and it’s more than double the size of all others combined. It’s rife with inefficiencies, however: circuitous routes mean many students are spending more time travelling and less time sleeping, exercising, or participating in enrichment activities, affecting student outcomes and inequalities.
Zum is looking to overhaul school transport with the help of cloud computing and AI. It has a central hub from which it manages route planning and vehicle assignments across 4,000 areas and school districts in California, meaning fleet deployment, maintenance, and operational efficiency can be optimized. It also offers cameras and tracking in vehicles, and is committed to having a fully electric, 10,000-strong bus fleet by 2025.
It's an ambitious plan, but it’s clear that the US school busing system is in dire need of an overhaul. We’re seeing startups like Via offer a similar service to NY schools, gathering similarly strong momentum. With Zum fast approaching Unicorn status, and its California roll-out continuing without a hitch, it appears, for now, to be leading the modern student transportation startup pack.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
18% employee growth in 12 months
Company
Funding (last 2 of 7 rounds)
Jun 2024
$32m
GRANT
Jan 2024
$140m
SERIES E
Total funding: $368.8m
Company benefits
- Medical, dental and vision benefits, including paid membership to One Medical
- Unlimited vacation policy
- Free daily catered lunches + fully stocked kitchen at HQ
- Ability to have a huge impact at an early-stage, mission-driven startup
- Fun office culture and a team you would be proud to work with
Company HQ
Redwood Shores, Redwood City, CA
Leadership
Ritu Narayan
(Co-Founder & CEO)Worked as a Lead Product Manager at Yahoo!, eBay, then took up a Sloan Fellowship at the Stanford Graduate School of Business.
Vivek Garg
(Co-Founder & COO)Spent over a decade as a Major in the Indian Army, then went on to found and lead BAPAR, before taking up a Researcher role at Stanford University's SEED Institute.
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