Director of Strategic Finance, Lyft
Global Growth
$203-253.8k
+ Equity + Bonuses
3+ days a week in office
Ride sharing company
Be an early applicant
Ride sharing company
1001+ employees
Be an early applicant
$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
- This role demands a finance leader with deep consumer technology experience who can be a self-starter and translate complex business dynamics into actionable business insights and drive measurable performance
- Tech industry expertise, combined with an experience in new ventures and hardware/infrastructure investments is a plus
- 12+ years of FP&A experience with at least 8+ years in technology companies
- Deep experience building and implementing ROI frameworks for customer acquisition, product development, expansion into new businesses, and support to business development teams
- Extensive track record of building and leading high-performing FP&A teams in fast-growth environments
- Strong executive presence with experience presenting to boards, investors, and C-suite leadership
- Outstanding communication and interpersonal skills with ability to translate complex financial concepts for diverse audiences
What the job involves
- We are seeking an exceptional Director, Strategic Finance to join our leadership team, reporting to the Head of FP&A. This leader will serve as the senior finance partner across several of Lyft's critical business lines: Autonomous Vehicles, Luxury, and Growth Initiatives
- This leader will be driving strategic financial decision-making through advanced analytics, consumer tech expertise, and proven ROI frameworks
- Lead comprehensive financial planning, budgeting, and forecasting for the supported business leaders, including revenue and contracts optimization, complex modeling and scenario planning
- Partner directly with business leaders and executive leadership to develop and execute against strategic finance initiatives and key investment decisions
- Drive forecast updates, quarterly business reviews with sophisticated analysis of business performance
- Drive long-term planning (inclusive of capital allocation and capex planning) for emerging businesses
- Build and maintain advanced ROI frameworks across the business, inclusive of ROIC and Free Cash Flow
- Proactively identify opportunities to improve efficiency, profitability, and growth through deep-dive analysis and competitive benchmarking
- Design and implement automated financial models and dashboards that provide real-time visibility into key business drivers and performance indicators
- Drive scenario planning and sensitivity analysis to support strategic decisions around new businesses and investments, product launches, and capital allocation
- Manage the quarterly performance of the business
- Build, manage, and develop a high-performing FP&A team with expertise in marketplace dynamics and consumer tech metrics
- Establish best-in-class financial processes, including data collection and analysis
- Foster a culture of analytical rigor and business partnership across the finance organization
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 trialled 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, whilst the acquisition of European competitor Freenow could add 6 million new riders to its platform in 2026.
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.
Salary benchmarks
We don't have enough data yet to provide salary benchmarks for this role.
Submit your salary to help other candidates with crowdsourced salary estimates.
Share this job
View 94 more jobs at Lyft