FP&A Associate, Cleo AI
CA$114-152k
+ Equity
More information about location
AI personal finance assistant
Job no longer available
AI personal finance assistant
501-1000 employees
Job no longer available
CA$114-152k
+ Equity
More information about location
501-1000 employees
Company mission
To change the world’s relationship with money.
Role
Who you are
- You have at least two years work experience in an investment bank, Big 4 or equivalent consultancy, or in an in-house FP&A role
- You have experience designing and maintaining complex financial models using large data sets
- You’re able and excited to conceive and execute projects independently
- You are able to quickly pick up new concepts, and dive into a problem with an outcome-focused mindset – even with no prior background in the subject matter
- A get sh*t done mindset; you’re comfortable rolling up your sleeves and diving into financial models to deliver at pace with limited resources
- Demonstrated problem-solving and analytical capabilities, and the ability to develop creative solutions for challenging, open-ended problems
Desirable
- A passion for, or previous experience in the Tech/Fintech sector
- Experience working for a global company across different time-zones
- A financial designation such as a CPA, CFA, or CBV designation is an asset, as well as experience with transaction diligence such as Quality of Earnings Reports
What the job involves
- We’re looking for an FP&A Associate to work closely with our Strategic Finance Manager & Director of Strategic Finance, both based in Canada
- This is a brand new role which will sit in our rapidly growing world-class, data-driven, and tech-focused Finance function
- The FP&A Associate will help lead our financial forecasting and assist the Strategic Finance team with various commercial and financial analyses, as well as management & board reporting as we scale rapidly towards Series D and beyond
- This role also has the opportunity to collaborate with numerous teams across the company, including the wider Finance function, Commercial, Credit, Growth, New Bets, & Product in order to drive enhancements to our analytical and forecasting capabilities, reporting, and decision making
- Managing the monthly, quarterly, and annual FP&A financial processes and forecasting, including variance analysis, reporting, and scenario planning at the group level
- Ad-hoc financial analysis and modelling for key areas of the organization
- Supporting regular reporting on key metrics to senior management, the Board, and our investors
- Supporting equity and debt fundraising activities in the lead up to our Series D
- Supporting company-wide strategy decision making with budgeting, hiring plans, expense management, etc
- Leading projects to develop and future-proof the finance function; exploring new tools and ways to automate manual processes
Salary benchmarks
Our take
People are increasingly not satisfied with the products being offered by traditional banks, which have proven slow to react to the needs of younger consumers who expect more from their everyday experiences.
Cleo was one of the first companies to make great use of chatbots that sit within Facebook's messenger app. This chatbot-first approach and Gen Z user base have given it strong virality. It now has millions of registered users, 99% of which are based in the US, leading to a decision to take a year break from the UK market to focus on its US Gen Z customers. And after a successful year in the US its now eyeing up a return to the UK.
Its Series C funding will help the company to double down in the US, where it will make a significant increase in employee headcount, and enable Cleo to maintain and expand its service during an economic downturn.
Financial advice delivered via bots is a crowded space, so Cleo benefits from having a strong brand presence. It has gone for very bold, fun, Gen Z-focused messaging which helps it to stand out from competitors such as Emma, Plum, and Chip.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 6 rounds)
Jun 2022
$80m
SERIES C
Dec 2020
$44m
SERIES B
Total funding: $137.7m
Company benefits
- Meaningful equity with early exercise, plus top-ups on promotion
- Primary caregiver: 18 weeks at full pay / Secondary caregiver: 6 weeks full pay, 6 weeks half pay (dependant on tenure)
- Paid 1-month sabbatical every 4 years
- Comprehensive health, dental & vision insurance
- Learning & development training platform
- Mental health support via Spill
- Company-wide performance reviews every 4 months
- We’ll cover your OpenAI or Claude subscription
- Pension match up to 6% 🇬🇧
- Life assurance 🇬🇧
- 25 days annual leave + an extra day for every year you’re at Cleo (up to five accrued days) 🇬🇧
Company values
- Make it Happen - Own the outcome. Lend a hand, take a hand. Fast execution.
- No bullsh*t - Intellectually honest. Go hard on problems, not people. Data-backed decision making.
- Learn at Speed - Jump in and figure it out. Dig deep, do it right. Learn what matters.
- Bring Good Vibes - Read the room, lift the room. Show up for others. Keep it real, keep it positive.
Company HQ
Finsbury, London, UK
Leadership
Barnaby Hussey-Yeo
(Founder & CEO)Previously a Data Scientist at Wonga, one of the companies that pioneered the smart use of data for loan decisions. Joined Entrepreneur First where Cleo was formed.
Diversity, Equity & Inclusion at Cleo AI
- We’ve set up an internal committee of truly passionate people that are dedicated to ensuring Diversity and Inclusion is embedded in how we all operate as a team. We agree on meaningful actions, and get on with implementing them. We have three main focuses right now, which are:
- 1) Improving SocioEconomic diversity across the company
- 2) Increasing the number of women in Leadership roles
- 3) More community outreach
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