Manager of Finance & Strategy, DoorDash
International Reporting & Consolidation
$143.2-214.8k
Plus equity grants
Local food delivery platform
Job no longer available
Local food delivery platform
1001+ employees
Job no longer available
$143.2-214.8k
Plus equity grants
1001+ employees
Company mission
To empower local economies by connecting food lovers with great local restaurants
Role
Who you are
- 5+ years of experience in Strategic Finance, Corporate Finance, Investment Banking, or Consulting at a high-growth technology startup or well-established company
- Ability to influence and drive effective decision making and process management through collaboration with cross-country and cross-functional partners at all levels in a fast-paced environment
- Experience in budget and P&L management across multiple business dimensions (markets, verticals, products)
- Advanced Excel (can maintain complex spreadsheets) and financial modeling skills, with experience building dynamic financial models used by teams across the company
- Basic SQL proficiency (or willingness to learn)
What the job involves
- The Finance & Strategy team accelerates the growth of our business by identifying and implementing new opportunities and solutions. We partner with teams across the company to improve the profitability, scalability and defensibility of our business model
- Lead the reporting of our consolidated International business, consisting of 28 countries across DoorDash (3 countries) and Wolt (25 countries)
- Help manage a consolidated view of financial and operational performance to allow for better business decision making and capital and resource allocation across the entire International portfolio
- Be a primary partner to leadership and executives across International and Central HQ to ensure we are making the most efficient investment decisions for the overall company, while improving the experience for all of our marketplace participants globally
- Report into Senior Director (interim until Director is hired) on our International team in our Finance & Strategy organization
- Help manage our portfolio and strategy across 28 International markets
- Oversee the consolidated International P&L and understand all the levers to improve our approach to balancing growth vs. profitability
- Be the source of truth for weekly financial reporting and forecasting, and quarterly financial planning for the business
- Identify important opportunities and risks to the business, and collaborate with local market teams to measure and evaluate the impacts, propose a solution and investment case, and ensure efficient execution
- Leverage local market insights to facilitate cross-country learnings and accelerate speed of execution
Our take
DoorDash was an early entrant into the last-mile restaurant delivery business, which is now crowded with the likes of Uber Eats, Postmates and GrubHub. They offer restaurants an end-to-end delivery platform, generating new business and access to a network of delivery drivers.
To differentiate itself in the market, DoorDash focused on areas with fewer competitors and found success in this untapped market. Other factors, such as the company's targeting of restaurants which many not typically offer a delivery service, also contribute to its profitability. The company made its stock market debut in 2020 with one of the biggest IPOs of the year.
However, in light of increasing discontent around DoorDash's commission structure from restaurants, competition remains fierce. The business recently responded by publishing a transparent fee structure, but the number of options open to restaurants means DoorDash must fight to keep its customers loyal. Despite this, by focusing on consumer retention, logistics and technology, the company is likely able to maintain its existing growth and revenue.
Freddie
Company Specialist at Welcome to the Jungle
Insights
13% employee growth in 12 months
Company
Funding (last 2 of 11 rounds)
Jun 2020
$400m
SERIES H
Nov 2019
$100m
SERIES G
Total funding: $2.5bn
Company benefits
- Company stock options
- Work from home stipend
- Unlimited paid time off policy
- Work from home opportunities
- Health insurance
Company HQ
Mid-Market, San Francisco, CA
Leadership
Tony Xu
(CEO)Tony studied at UCB and worked as a Matrix Partners Associate while studying for an MBA at Stanford. He combined this experience to co-found DoorDash in January 2013, and has served as CEO since June 2013.
Stanley Tang
(CPO)Previously studied Computer Science at Stanford, before working at Facebook as a Software Engineer.
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