Head of FP&A and Strategic Finance, Substack
$220-260k
2-3 days a week in office
Platform for writers & podcasters
Open for applications
Platform for writers & podcasters
501-1000 employees
Open for applications
$220-260k
2-3 days a week in office
501-1000 employees
Company mission
To give thinkers, writers, and creatives the opportunity to pursue their curiosity and make money at the same time.
Role
Who you are
- We are seeking a dynamic and strategic finance leader to join Substack as the Head of FP&A and Strategic Finance
- 10+ years experience in FP&A, strategic finance, or investment banking with at least 3 years in a leadership role
- Experience at a high-growth tech company, preferably in consumer SaaS or Marketplace platforms
- Strong understanding of financial modeling, budgeting, forecasting, and strategic planning
- Exceptional analytical skills with the ability to distill complex financial data into actionable insights
- Proven track record of partnering with senior leadership to drive financial and strategic outcomes
- Excellent communication and presentation skills, with the ability to influence at all levels of the organization
- Advanced proficiency in financial systems and Excel
- Bachelor’s degree in Finance, Economics, or related field
- Ability to thrive in a fast-paced, dynamic environment and handle multiple priorities with a high degree of accuracy
- You have your own connection to Substack’s mission and are game to work from Substack’s SF HQ at least 2-3 days per week
What the job involves
- In this role, you will report directly to the CFO and lead all aspects of financial planning, analysis, and long-range strategic forecasting
- You will be a key business partner to the leadership team, providing insights and guidance on business performance, growth strategies, and financial decision-making
- This is a critical role for ensuring Substack scales efficiently and drives sustainable growth in a fast-paced, innovative environment
- Own the annual budget process, quarterly forecasts, and long-term financial planning
- Develop and maintain financial models that provide comprehensive insights into business performance
- Partner with department heads to provide financial guidance, ensuring alignment of financial goals with business strategies
- Drive variance analysis to ensure accountability and understanding of financial outcomes against plan
- Provide thought leadership on growth initiatives, resource allocation, and capital efficiency
- Lead scenario analysis and financial modeling to support key decisions, including M&A, partnerships and new product launches
- Collaborate closely with the business and product teams to analyze the financial impact of new features and services
- Provide ongoing analysis of competitive positioning and market opportunities
- Develop and enhance management reporting to provide key stakeholders with actionable insights
- Prepare materials and present financial results, forecasts, and strategic insights to the leadership team
- Partner with the accounting team to ensure the integrity of financial results and adherence to financial controls
- Work closely with operations, marketing, sales, and product teams to ensure that financial strategies are integrated into all aspects of the business
- Support fundraising activities, including preparation for potential future rounds, working closely with the CFO and external stakeholders
Our take
Substack provides an online platform for journalists and writers to manage subscription-based newsletters. Substack has attracted a range of writers and publishers who wish to connect with their audiences while being removed from social media and other ad-based models.
For an industry that has seen a steady decline in its fortunes since the rise of digital, Substack offers journalism an alternative to the advertising-driven clickbait-focused model that has dominated the last decade. Substack has amassed more than 35 million subscribers.
The subscription newsletter space is a competitive market, but Substack claims to provide greater freedom to writers than its competitors. Writers produce their newsletters on the site for free, charging an optional subscription fee (minimum of $5/month) of which Substack takes 10%. The company continues to seek out ways to diversify its offerings.
Steph
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
62% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Nov 2024
$10m
ANGEL
Apr 2023
$7.8m
LATE VC
Total funding: $100.3m
Company benefits
- Remote work support - All employees receive a generous allowance to customize their home offices
- Comprehensive health care - Substack covers 100% of premiums for employees and their dependents, and fully funds HRA plans
- Parental leave - We want employees to be fully present for the new members of their family, so we offer generous parental leave
- Flexible vacation and paid time off - You’re the best person to decide when you need a day—or a week—off to travel or decompress. Our flexible vacation policy puts you in control
- Company holidays and Winter shutdown - In addition to flexible time off, we honor 12 paid holidays annually on average. And we close the office between Christmas Eve and New Year's day to recharge each year
- Phone & internet stipends - Many of our employees work from home or on the go. So we offer full time employees a monthly stipend to cover for phone and internet costs
Company values
- What you read matters - So we hire people who care deeply about reading and writing
- Subscriptions are better than ads - The business model matters – subscriptions put readers and writers in charge, and they create an incentive system that fosters great work
- We work in service of writers - Our teams build both for and with writers, providing Substack writers with the best terms, services, tools, and programs on offer
- We believe in the free press and in free speech - We do not believe these things can be decoupled. You can read more about our views on content moderation on our blog
Company HQ
The East Cut, San Francisco, CA
Articles
Leadership
Chris Best
(CEO)After several software internships, they co-founded Kik Interactive in 2009, serving as CTO until 2017. At this stage, they founded Substack, and have served as CEO ever since.
Hamish McKenzie
(Chief Writing Officer)Previously a journalist for several publications include The Independent and Time Out. Lead Writer for Tesla and Editorial Advisor to Kik Interactive.
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