Director of Strategic Product Finance, Lyft
Rideshare
$203-253.8k
+ Equity + Bonuses
3 days a week in office
Ride sharing company
Posted today
Ride sharing company
1001+ employees
Posted today
$203-253.8k
+ Equity + Bonuses
3 days a week in office
1001+ employees
Company mission
To improve people’s lives with the world’s best transportation.
Role
Who you are
- Bachelor’s degree with ~15+ years of experience in financial planning and analysis, including 6+ years in a leadership role
- Proven track record in building financial models and conducting in-depth quantitative analysis to inform product strategies
- Ability to translate complex financial data into actionable insights that guide product development and business growth
- Experience in establishing and tracking KPIs to measure product and financial performance
- Strong communication and interpersonal skills, with the ability to influence cross-functional teams and senior leadership
- Proficiency in SQL or other data query tools is a plus
What the job involves
- Financial Planning & Analysis (FP&A) is an integral part of the decision-making process at Lyft, embedded within the business to ensure we maximize ROI and drive to the best possible P&L outcomes
- Lyft’s FP&A team is looking for a Director of Strategic Product Finance - Ridshare to join our Rideshare team
- The Rideshare team is dedicated to all aspects of servicing rides through the Lyft platform
- The ideal candidate will possess strong analytical, communication, and leadership skills, along with a team-oriented mindset and a solid work ethic
- This role will lead financial modeling and performance tracking for all products, and develop strategic recommendations
- It presents a unique opportunity to make a significant impact at one of the most exciting companies in the tech industry
- Develop and manage product P&L to evaluate the financial impact of new products and post-launch performance, and to identify opportunities to further enhance financial impact
- Lead financial analyses to uncover insights that support product strategies, ensuring data-driven decisions to optimize user experiences and profitability
- Establish and monitor key financial and product-related performance indicators
- Collaborate closely with product managers and data science teams to ensure alignment between financial and product strategies
- Present financial insights and strategic recommendations to senior leadership, highlighting key trends and forecasts to support product and business decision-making
- Recruit, mentor, and develop top financial talent, fostering a collaborative team environment that drives innovation and professional growth
Our take
Lyft has aimed for consistent growth, making sure to pitch itself as a more reliable and friendly ride-sharing option than its main competitor, Uber. Uber has a greater market share and operates globally, but Lyft hopes to compete by its focus on ride-sharing over Uber's more diversified business approach and as a more rider-friendly and greener alternative to Uber.
Operating only in the USA and Canada, Lyft is in a position of being less affected by global events than Uber but also more vulnerable to local conditions. As an example, while it doesn't face the regulatory hurdles around employment rights that Uber does, it is unable to balance out the cost of the unusually expensive US auto insurance across its operations.
In 2022, Lyft acquired PBSC Urban Solutions, a bike-share equipment and technology supplier, allowing Lyft to compete in new verticals and reaffirming its commitment to green transportation. It has also trialed and launched Lyft Assisted, where drivers help passengers from their door into the car to get to medical appointments. These developments chime well with Lyft's unique selling point as a friendlier and more environmentally aware ride-sharing app.
Steph
Company Specialist at Welcome to the Jungle
Insights
-2% employee growth in 12 months
Company
Funding (last 2 of 14 rounds)
Jun 2018
$600m
LATE VC
Mar 2018
$200m
LATE VC
Total funding: $4.9bn
Company benefits
- Great medical, dental, and vision insurance options
- Mental health benefits
- In addition to 12 observed holidays, salaried team members have unlimited paid time off, hourly team members have 15 days paid time off
- 401(k) plan to help save for your future
- 18 weeks of paid parental leave. Biological, adoptive, and foster parents are all eligible
- Pre-tax commuter benefits
- Lyft Pink - Lyft team members get an exclusive opportunity to test new benefits of our Ridership Program
- Family building benefits
- Lyft Pink - Lyft team members get an exclusive opportunity to test new benefits of our Ridership Program
Company HQ
China Basin, San Francisco, CA
Leadership
John Zimmer
(Co-Founder)Originally an Analyst at Lehman Brothers, Zimmer then founded Zimride which was a private ridesharing company that pivoted into Lyft.
Logan Green
(Co-Founder)Founded Zimride, a private ridesharing company which later pivoted into Lyft.
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