Strategic Finance Manager, Reddit
$140.8-197.1k
+ Equity
Online platform for thoughts, experiences and discussions
Job no longer available
Online platform for thoughts, experiences and discussions
1001+ employees
Job no longer available
$140.8-197.1k
+ Equity
1001+ employees
Company mission
Reddit's mission is to bring community and belonging to everyone.
Role
Who you are
- The right person for this role will find career development in both the Finance and Advertising Sales worlds
- If you are someone who is passionate about growing with a rising business, values efficiency and creative problem-solving using financial/quantitative metrics, and thrives in a fast-paced, open and fast-growing environment, then this is a great role for you
- 5+ years of experience in investment banking, Sales Finance, Operations Finance, or Corporate Finance with exposure to high-growth technology or media companies; understanding of Advertising business model is a strong plus
- BA/BS degree in Finance, Economics or similar quantitative discipline
- Excellent financial modeling and analysis skills
- Ability to develop impactful management presentations
- Goal-oriented and client-facing mindset; entrepreneurial spirit to continue innovating and adding value; proactive communication style with the ability to build/foster relationships with business partners internally and externally
- Strong work ethic; high sense of urgency; ability to learn and deliver results in tight timeline
- Experience with partnering with stakeholders across the organization and drive projects forward
- Experience with revenue modeling and forecasting, large data sets and sophisticated models, proven proficiency with SQL, GSuite, Excel, PowerPoint presentations and deck creation
- Demonstrated ability to meet deadlines while managing multiple projects in a fast paced environment
- Self-starter who is intellectually curious and not afraid to seek out projects independently
What the job involves
- We are looking for a Strategic Finance Manager who will be an exceptional addition to the Strategic Finance team
- You will work closely with the Finance/Sales teams on consolidated revenue forecasting, create comprehensive reporting packages, support revenue planning & strategy, support automation efforts, and other strategic finance activities
- Support consolidated revenue forecasting for our Ad Sales Division (consolidation of sales channels)
- Support enhancement of our forecast models used for budget/forecast cycles during monthly/quarterly/annual reporting cycles
- Track accuracy and drive continuous improvements to the forecast models and processes
- Develop forecast scenarios including key opportunities and risks, while addressing market dynamics and industry trends
- Create comprehensive revenue reporting packages
- Create and present weekly, monthly, and quarterly reporting packages to executives reflecting performance of Reddit’s Advertising Business
- Own the development of the Strategic Finance presentation materials such as weekly reporting packages, financial close pack, Board Materials, Audit committee, etc
- Collaborate with finance peers and the support functions including investor relations, accounting, and FP&A
- Manage ad hoc projects on an on-going basis and present to business partners as assigned
Our take
Reddit is a website that facilitates thousands of message board communities, known as subreddits, with an aim to promote authentic human connection. There are more than 100,000 communities on Reddit, covering everything, from food, entertainment, sports, and books, to more niche topics that cater for very specific audiences.
The simple platform is used by more than 52 million people a day and attracts over 50 billion monthly views. While these are impressive numbers, they do pale in comparison with social media giants Facebook and Twitter, however, Reddit distinguishes itself by providing easy-to-find communities for a truly endless range of topics.
Reddit makes money through advertising as well as offering a premium ad-free membership plan. The company has enjoyed continuous user & revenue growth, acquisitions by Conde Nast in 2006 and Advance in 2011, and plans to launch an IPO bid in 2024.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
57% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Aug 2021
$410m
SERIES F
Feb 2021
$250m
SERIES E
Total funding: $1.2bn
Company benefits
- Paid volunteer time off
- 4+ months paid parental leave
- Personal and professional development stipend
- Work from home opportunities
- Health insurance
Company HQ
SoMa, San Francisco, CA
Leadership
Steve Huffman
(CEO)After co-founding Reddit in 2005, they stepped away from the company to co-found Hipmunk, where they were the CTO. They returned to Reddit in 2015, and have been the CEO since.
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