Manager of FP&A, Octane
Operating Expense and Vendor Management
$110-150k
+ Stock Option [ackage
2-3 days a week in office
End-to-end digital buying experience
Be an early applicant
End-to-end digital buying experience
201-500 employees
Be an early applicant
$110-150k
+ Stock Option [ackage
2-3 days a week in office
201-500 employees
Company mission
To connect people with their passions by making lifestyle purchases fast, easy, and accessible.
Role
Who you are
- Bachelor’s degree in Business related field
- 7+ years of work experience across finance and/or procurement
- Excellent written and verbal communication skills with all levels of staff
- Experience in vendor negotiations and contract management
- Proficiency in financial modeling, budgeting, and forecasting tools
- Ability to collaborate effectively with cross-functional teams and lead initiatives independently
- Detail-oriented, highly-organized, focused, and objective-driven workstyle
- Unimpeachable ethical standards
- Strong data analysis and reporting
- High attention to detail and standards for quality work
- Ability to effectively build programs, manage various projects, and track relevant transactional details
- Background working in high-growth SaaS/Tech/Fintech companies preferred
- Intermediate/advanced Excel
- Nice to haves: Knowledge of SQL, Python, Netsuite
What the job involves
- We are seeking a detail-oriented and strategic Manager – FP&A with a focus on Operating Expenses (Opex) and Vendor Management
- Primary responsibilities will be overseeing the company’s operating expense budget, providing financial insights to guide decision-making, and leading vendor management to ensure efficient and cost-effective procurement
- You will partner with cross-functional teams to develop and maintain budgets, forecasts, and reporting processes that support the company’s financial goals
- Opex Management:
- Develop, monitor, and manage operating expense budgets for multiple departments
- Perform monthly variance analysis on actual vs. budgeted expenses and provide insights to department heads
- Collaborate with business unit leaders to identify cost-saving opportunities on new and existing contracts
- Conduct regular financial reviews to ensure compliance with budget and identify areas for improvement
- Vendor Management
- Work collaboratively with other departments on the vendor management process: from initial vendor selection to ongoing performance evaluation and contract renewals
- Negotiate favorable contract terms, ensuring value for money and alignment with strategic objectives
- Develop and implement policies for vendor management, including performance tracking and reporting
- Financial Planning & Analysis
- Own the forecasting and budgeting process for vendor-related operating expenses, working closely with the FP&A team to integrate projections into overall financial planning
- Provide monthly and quarterly financial analysis and reporting on Opex and vendor spend
- Develop financial models to assess the impact of vendor contracts and operational expenses on business performance
- Support senior management in strategic decision-making with accurate financial data and projections
- Stakeholder Collaboration
- Partner with Risk, Accounting, Legal, and other teams to manage and improve cross-functional processes related to vendor selection, onboarding, and payment
- Communicate financial insights and vendor performance data to senior management
Our take
Octane Lending is revolutionizing the financing process within the powersports industry. The company's online platform offers streamlined online financing options and has significantly improved customer experience through its technology-driven solutions.
In addition to its core focus, Octane has expanded its offerings to include recreational vehicles, tractors, trailers and electric vehicles. The company collaborates with over 30 original equipment manufacturers (OEMs) and has originated more than $4B in loans through its in-house lender, Roadrunner Financial.
Octane's impressive flurry of funding rounds in 2024 underscores strong confidence in its business model and future growth. The new capital will allow Octane to expand into more markets, all off the back of a milestone year in which it has expanded into marine markets and achieved $5B in aggregate originations.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Some candidates hear
back within 2 weeks
Company
Company benefits
- Medical, Dental, Vision: Generous coverage for you and your dependents
- Generous Parental Leave: As your family grows, ours does too
- 4+ Weeks of PTO: Enjoy your time off & have the encouragement to take it!
- Education Stipend: Up to $3000/year for continuing education
- Competitive 401(k): We match 100% of the first 3% you contribute and 50% of the next 2%, for a total match of up to 4%
- Donation Matching: Octane matches charitable gifts from employees year-round
- Powersports Safety Benefit: Up to $500/year for powersport safety equipment
- Gympass Membership: We offer flexible memberships to thousands of gyms, studios, and apps to support your wellness journey
Company values
- Embrace diversity of people & ideas
- See opportunity not obstacles
- Win as a team
- Own our customers' success
- Ruthlessly prioritize
- Seek truth & test assumptions
Company HQ
Midtown South, New York, NY
Articles
Leadership
Mark Davidson
(Co-Founder & CRO)Previously co-founded Cheggin where they served as the CEO. They also co-founded oDigger and CaptureSEO and worked as a Marketing Manager at Egos Marketing.
André Gregori
(Head of Dealer Products & Co-Founder)Head of Dealer Products at Octane Lending. Previously co-founded Cheggin.
Mark Garro
(Senior Director of Engineering & Co-Founder)Senior Director of Engineering at Octane Lending. Previously served as the CTO at Cheggin and ScholarLocker. They also worked as a Software Engineer at VIVANA Wellness.
Michael Fanfant
(Boardmember & Co-Founder)Board Member at a number of companies including Octane Lending. Also a General Partner at Runa Capital and previously a Strategy Associate at Capital One.
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