Vice President of Strategic Finance, Affirm
$340-380k
+ ESPP
More information about location
POS installment loans
Be an early applicant
POS installment loans
1001+ employees
Be an early applicant
$340-380k
+ ESPP
More information about location
1001+ employees
Company mission
To deliver honest and transparent financial products that improve users' lives.
Role
Who you are
- The ideal candidate will not only have the technical skills to support their recommendations, but also strong interpersonal skills to collaborate with various stakeholders
- 15+ years of experience in investment banking, private equity, venture capital and/or corporate finance
- Prior FP&A experience at a later stage private or public company
- Prior experience operating in a highly regulated industry or a high growth environment
- Understanding of a lending P&L and debt capital markets
- A skilled manager who enjoys mentoring and growing their team
- Ability to think creatively and critically and thrive in a fast-paced, dynamic, and often ambiguous work environment
- Strong interpersonal skills and the ability to cultivate relationships with senior leadership and board members
What the job involves
- We’re looking for a smart, driven individual to lead our Strategic Finance (FP&A) function
- You will have a unique opportunity to work cross-functionally and use quantitative insights to drive better decision-making across the whole organization
- Strategic Finance is responsible for owning the company’s budget and financial planning processes, performing financial analyses across the company, providing financial guidance for business partners to effectively invest, maximizing impact of spend in our largest cost centers and investing strategically to accelerate our business
- Maintain our financial model and forecasts to guide Affirm’s long term financial strength by advising on growth, hiring, spending and strategic projects
- Oversee loan volume forecasting, compensation planning and driving growth opportunities both in lending and new products
- Drive annual and monthly financial planning processes to align with current Technology and Commercial roadmaps
- Provide budget guidance to senior executives to ensure Affirm is investing in the right areas and achieving the desired outcomes
- Develop key metrics to support hiring, expansion and profitability goals
- Manage a high performance team that works cross functionally throughout the company
- Develop programs and processes for tracking and managing budgets with senior division leaders
Our take
Affirm offers point-of-sale loans to consumers, working with merchants like Shopify, KAYAK, and Walmart. Buy now, pay later transactions have grown in popularity in recent years, and this business is tapping into the market with a totally different approach to credit - by delivering the Affirm card, the first US debit card with the option to pay-over-time.
Boasting over 21M consumers and 337,000+ merchants, the company offers flexible payback options, ranging from 3 to 36 months. The interest rates run between 0% and 30%, so, while they are not necessarily the cheapest option, Affirm prides itself on having no fees for late payments, no hidden charges, and total transparency about what people will pay before they take out a loan.
Affirm collects payments from the customers and pays the merchants directly, shouldering the risk itself. The company has boosted its market share, expanding its availability beyond the US to include most of Canada, and continues to launch new features and create new partnerships towards bettering its offering.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
-11% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Sep 2020
$500m
SERIES G
Apr 2019
$300m
SERIES F
Total funding: $1.1bn
Company benefits
- Compensation: We have a simple, flexible, and transparent remote-first compensation structure so you can make the best decisions for yourself and your family
- Spending Wallets: Access tech, food, lifestyle, and family planning wallets for your expenses
- Supportive Communities: Get involved with our employee resource groups and community groups
- Remote-first Workforce: If your role is remote, you can set up shop anywhere in your home country
- Generous Time Off: Take the time you need when life happens
- Health Benefits: Get a plan that fits your needs
- Mental Healthcare: Take care of your mind with great mental health programs
- Parental Leave: Birth and non-birth parents get 18 weeks’ paid leave. Plus, a 4-week return-to-work transition program, at full base pay
- Away Days: We offer 20 company-wide paid days off—which help our teams collectively pause to recharge
- Learning & Development: Engage in exciting learning programs to level up your growth
Company HQ
Chinatown, San Francisco, CA
Leadership
Max Levchin
(Co-Founder & CEO)Has founded/co-founded numerous companies, holding various executive positions at each, including Paypal, Slide, Glow, HVF Labs, and SciFi VC. Also worked at large brands including Google, Yelp, Yahoo, and Evernote.
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