Director of Strategic Finance, SoFi
Crypto
$156.8-269.5k
This role is also eligible for a bonus and long term incentives
Mobile & online personal finance services
Open for applications
Mobile & online personal finance services
1001+ employees
Open for applications
$156.8-269.5k
This role is also eligible for a bonus and long term incentives
1001+ employees
Company mission
To help people reach financial independence to realize their ambitions.
Role
Who you are
- 12+ years of related experience, ideally in corporate finance, financial planning and analysis (FP&A), investment banking, investment management, or consulting
- Experience supporting a crypto business as a Finance partner
- Experience preparing and presenting information to key decision makers
- Excellent analytical, verbal, and written communication skills with rigorous attention to detail
- Expert financial modeling skills (complex formulas, effective lookups and the ability to build a financial model from scratch)
- Expert Proficiency in Excel, PowerPoint, or Google Docs/Sheets/Slides
- Experience with FP&A systems
- Collaborative working style and demonstrated ability to build strong cross-functional relationships
- Inquisitive nature, attention to detail, diligence, work ethic, a learning mindset, and a positive attitude
- Willingness to embrace unstructured environments and problems, and manipulate large data sets
- Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities effectively
- Bachelor's degree in Economics, Finance, Accounting, or equivalent knowledge (CFA, FP&A experience, Investment analyst)
Desirable
- FP&A experience supporting financial services industry is a strong plus
- Deep understanding of P&L dynamics
- Previous people management experience
What the job involves
- We are looking for a highly motivated and experienced Finance Business Partner to join our growing Strategic Finance team. Strategic Finance enables SoFi to develop and execute its growth strategy by driving financial visibility and accountability
- As a key business partner, you will provide financial leadership and strategic insights for SoFi’s upcoming Crypto business. This role will also focus efforts on continued improvement within overall Finance processes, scalability, and automation
- Facilitate annual and quarterly financial forecasting for SoFi's upcoming Crypto business in partnership with Business Unit (BU) leaders and in collaboration with stakeholders across marketing, product, risk and operations
- Be a strategic partner to the Crypto team to identify and monitor key performance indicators and develop actionable insights
- Enable the Crypto team to prioritize initiatives and make real-time decisions by evaluating and sizing impact to key growth and financial metrics
- Drive informed decision-making by developing and presenting cost-benefit analyses, quarterly forecasts, and key business updates to Executive Leadership
- Prepare recommendations on incremental investment opportunities by weighing financial and strategic trade-offs
- Collaborate effectively with the Accounting department on complex accounting issues
- Show up as a positive culture carrier aligned with our values, driving inclusiveness, belonging, and mentorship within and outside of Finance
Our take
SoFi started by offering ways for students to secure better financial terms on their loans, and now offers a huge range of personal finance products, including bank accounts, loans, mortgages, investment advice, and investment opportunities. Many customers find they have to go to multiple financial service providers to meet all their finance needs, but SoFi overcomes this issue by putting it all in one place.
Its goal, to cover all the financial bases, sets them apart from many of the traditional banks and even some of their digital competitors, such as Avant, which has chosen to focus on providing credit alternatives. Although it is operating in a competitive market with a lot of big players such as Monzo, Revolut, and Starling, the company has managed to raise huge amounts of funding to support its rapid expansion.
SoFi has focussed on global expansion, moving outside the US, and has made a series of acquisitions to support this - including a Hong Kong-based investment app called 8 Securities. After going public on the New York Stock Exchange via a SPAC merger in June 2021, the company has continued to evolve and release more mission-oriented services into its roster, and strengthened its lending capabilities through a $350 million post-IPO loan. To date, the company has sold over $15 billion in personal loan collateral and continues to strengthen its offering.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
7% employee growth in 12 months
Company
Funding (last 2 of 9 rounds)
Jan 2021
$369.9m
LATE VC
May 2019
$500m
GROWTH EQUITY VC
Total funding: $2.7bn
Company benefits
- Comprehensive health, vision, dental, life insurance, and disability benefits
- Generous vacation and holidays
- Paid parental leave for eligible employees
- 401(k) and education on retirement planning
- Tuition reimbursement on approved programs, up to $5,250 per year
- Monthly contribution up to $200 to help you pay off your student loans
- Great health & well-being benefits including: telehealth parental support, subsidized gym program
- Flexible time off
- Fertility and family planning options
- Free financial classes
Company HQ
The East Cut, San Francisco, CA
Leadership
Anthony Noto
(CEO)Graduated from the U.S. Military Academy after being a telecommunications officer and captain in the U.S. Army. Has worked as Head of Gobal Telecommunications, Media and Technology at Goldman Sachs, been the COO of Twitter, and also the CFO of the National Football League.
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