Director of FP&A, Sovrn
$185-215k
+ Bonus + Equity
3 days a week in office (Boulder, CO)
Advertising tools & services for content creators
Be an early applicant
Advertising tools & services for content creators
101-200 employees
Be an early applicant
$185-215k
+ Bonus + Equity
3 days a week in office (Boulder, CO)
101-200 employees
Company mission
To empower independent content creators and publishers to grow their businesses and achieve the attention they deserve.
Role
Who you are
- Experience: 8+ years of experience in corporate finance, investment banking, private equity, consulting, or FP&A leadership, with a focus on financial modeling and strategic decision-making
- Experience in Advertising Technology: Demonstrated experience working within the ad tech industry, with a deep understanding of its business model, revenue streams, and market dynamics. Ability to apply financial acumen to address industry-specific challenges, drive growth, and optimize profitability within the ad tech space
- Financial Expertise: Extensive experience with financial statements, 3-statement models, and forecasting. Proven ability to manage and refine financial models, automate processes, and improve accuracy
- Leadership: Strong leadership skills with experience leading and developing a high-performing FP&A team. Ability to communicate complex financial information to senior leadership and influence decision-making
- Advanced Analytical Skills: Expertise in building sophisticated financial models, with proficiency in Excel and familiarity with SQL or other data query languages. Comfortable using data to drive business decisions
- M&A and Fundraising Due Diligence: Extensive experience in leading and supporting M&A and fundraising due diligence processes. Strong ability to create and refine financial models for M&A transactions, fundraising scenarios, and related strategic initiatives, including valuation analysis, synergies, and financial structuring
- AI Enthusiast: Strong interest in incorporating AI tools into financial analysis, including forecasting, modeling, and decision-making. You have a passion for exploring AI and machine learning tools and technologies that can optimize financial processes
- Tech-Savvy: Familiarity with financial technologies and systems. Experience with tools like Looker, Pigment, or other financial modeling and reporting platforms is a plus
- Collaboration & Communication: Exceptional ability to work cross-functionally with other departments and influence decision-making with actionable financial insights
- Results-Oriented: Strong focus on generating measurable results and driving efficiency in financial planning and analysis
- Multi-layered Scenario Planning: Experience in scenario planning, particularly in industries with high volatility and seasonality, using AI-enhanced tools to improve forecasting accuracy
- Bachelor’s Degree: A degree in finance, economics, accounting, mathematics, statistics, or business administration. An MBA or other relevant graduate-level qualification is preferred
What the job involves
- This is not your typical finance position
- As the Director of FP&A, you will lead the FP&A function, driving strategic financial decision-making and enhancing the company’s financial planning process
- You will develop and manage financial models, collaborate with cross-functional teams, and ensure that financial insights inform critical business decisions
- Your leadership will be essential in shaping the Company's financial direction, while also optimizing operational efficiency and maximizing the impact of investments
- Financial Modeling: Lead and manage the company’s 3-statement financial model, continuously refining and improving model assumptions and data flows to support business objectives. Oversee updates and automation to enhance efficiency and accuracy
- Revenue and Profitability Analysis: Drive current quarter revenue modeling and cohort analysis, helping to identify key business drivers and supporting data-driven decision-making. Contribute to forecasting and financial planning to ensure alignment with business targets
- Budgeting & Strategic Planning: Oversee quarterly planning and long-range planning processes. Work with cross-functional leaders to establish revenue targets, manage operating expenses, and ensure investment decisions are optimized
- Investment Analysis: Lead modeling efforts for investment opportunities, ensuring a data-driven approach for assessing the potential financial impact of strategic initiatives
- Performance Metrics & Reporting: Partner with internal teams to establish key performance indicators (KPIs) and create timely, actionable reports that measure performance against targets. Provide insights to senior leadership to drive business actions
- Pricing Strategy & Profitability: Collaborate closely with product teams to develop and refine pricing strategies that maximize profitability while considering the competitive landscape. Provide insights into cost structures, margins, and competitive positioning to ensure that each product is optimally priced and aligned with overall business goals
- Team Leadership & Development: Lead and mentor a high-performing FP&A team, fostering growth and collaboration while aligning financial goals with organizational priorities
Our take
The monetization of online content creation can be very lucrative but requires time, resources and expertise outside of writing. Passionate writers who focus on storytelling and creating inspiring content may waste valuable time attempting to develop their business, and hiring somebody to do this is often too expensive for independent writers.
Sovrn tackles this in a smart way by providing writers with simple-to-use tools that take the stress out of monetization. It works with publishers and advertisers to provide opportunities to passionate writers, allowing them to focus on excelling at their job rather than dealing with distribution, monetization and operations - all of which Sovrn is able to handle.
The startup claims to be able to drive higher revenues and scale a publishing business, at the same time as allowing writers to focus on what they do best. It has seen significant investment that will enable it to pursue acquisitions and support the further expansion of its platform with more capabilities to be added in the future.
Steph
Company Specialist at Welcome to the Jungle
Insights
-19% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Aug 2022
$35.6m
LATE VC
Jul 2022
$36m
SERIES C
Total funding: $132.6m
Company benefits
- Work at a company that values your strengths. See the results of your actions. There are no barriers at Sovrn
- First-class health benefits, wellness options, and a host of life-improvement perks that help you be the best you
- Retirement benefits, 401k matching, and stock options show we’re equally dedicated to financial health
- In-house barista, catered lunches and breakfasts
- Volunteer opportunities
- Flexible vacation and a focus on mental and physical health mean you’ll have time for life outside the office
- Learn new skills. Pursue great ideas. Take on new opportunities and thrive in a workplace that rewards your efforts
Company values
- Secord Order Thinking: Second Order Thinking considers the consequences of a decision and requires one to ask: "and then what?"
- Scrappy: Scrappy means embracing constraints and obstacles as a path to finding the simplest and most direct answer
- Candid: Candid means speaking and asking questions with honesty and humility. Candid looks for the truth
- Customer Empathy: Customer Empathy means we understand our customers' challenges, problems, and wants
- Learning: Learning is the single most important trait of successful people, trams, and organizations. Learning is how we improve
Company HQ
Boulder, CO
Articles
Leadership
Walter Knapp
(CEO)Having studied at the University of Colorado, they worked as a Partner at Cambridge Technology, and Novell Ventures for a combined 6 years. They worked as SuSE Linux at Novel, COO of Lijit Networks, and COO of Federated Media Publishing before leaving in January 2014 to found Sovrn.
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