Head of Finance
: Job Details :


Head of Finance

Posh Group

Location: New York,NY, USA

Date: 2024-11-12T08:31:21Z

Job Description:

About POSH

Humans are fundamentally social creatures, but the largest social companies today have evolved into purely digital content providers, exacerbating the isolation, loneliness, and mental health challenges plaguing our society. POSH enables anyone to become event organizers and build a community around their followings, bringing people together in-person to cultivate real-world human connection.

Founded by event enthusiasts and college dropouts, we've built the ultimate set of tools for organizers to manage and monetize social experiences and for consumers to find IRL communities tailored exactly to who they are.

In just four years, POSH has grown to a team of 37, expanded to 3M+ users, secured $31M in venture funding, and facilitated over $100M in transactions.

About the Role

We seek a passionate, data-driven Head of Finance, excited to jump into a hands-on role, owning the financial success of one of the fastest growing Series A startups of our time. Reporting to the CEO, you will champion FP&A and financial operations, empowering the entire organization with quantitative insights that drive defining business outcomes.

In this role, your focus will be simple: maximize efficiency. You will be the leading voice on the financial health of the business, empowering every cross-functional leader with the insights they need to scale their teams as effectively as possible. You will collaborate directly with leadership across the entire organization, projecting, controlling and analyzing all facets of revenue and expenses, with the objective to optimize the unit economics of the model that will bring POSH to 100M users and beyond.

What You'll Learn & Achieve

* Financial Planning and Analysis

* Lead GTM and R&D financial planning processes, including annual budgeting, quarterly forecast updates, and long-term strategic planning.

* Develop and oversee team-specific financial models to support GTM initiatives, including pricing, commission structuring, sales productivity, and pipeline management.

* Provide financial insights and data-backed recommendations to cross-functional leadership, advising on product launches, new vertical expansion, and market opportunities.

* Expense Management and Optimization

* Manage and optimize our expense strategy, overseeing the budget vs. actuals process and identifying opportunities to make each business unit more efficient.

* Collaborate with our external accounting agency to ensure an efficient and precise month-end close process. Document month-end close process and intricacies, aiming to eventually bring it in-house.

* Collaborate with GTM leaders to summarize monthly commission payments and distribute them to People Ops for effective and precise payrolls.

* Strategic Vision & Strategy

* Own the vision for our entire financial strategy, collaborating closely with all function leaders to ensure forecasts are not only met, but exceeded.

* Lead monthly forecasting and business review sessions with the GTM and R&D leadership teams, providing actionable narratives on how to maximize growth as efficiently as possible.

* Provide strategic guidance and analysis to assist in the development of Sales Incentives, Commission plans, and Headcount Planning.

* Own the strategy and coordination of innovative financial initiatives that are core to POSH achieving venture scale, including but not limited to: organizer loan program, future funding rounds, and potential M&A opportunities.

* Reporting and Analysis

* Prepare and present comprehensive financial reports, including variance analysis, financial trends, and KPIs to leadership on a frequent basis.

* Develop a deep understanding of non-monetary KPIs and business drivers (i.e; leads engaged, demos booked, etc. in relation to Sales) to effectively translate KPI attainment into actionable financial planning. Collaborate with the Data Team to bring as many product-based metrics into our financial modeling as possible.

* Identify and communicate financial risks and opportunities, constantly keeping leadership informed on the financial health of the business.

Who You Are

* 5-7 years of experience in FP&A, consulting, Investment Banking, VC, or business operations, ideally in fast-paced, high-growth startup environments (financial experience at consumer marketplaces such as Uber, DoorDash, Airbnb, Toast etc. is a plus!) You have a strong track record of being instrumental in company-wide financial planning, strategy, and execution.

* You have extensive experience with Excel and Google Sheets, ERP platforms (e.g., ADP), CRM systems (e.g., Close), and analytics tools (e.g., Tableau), with the ability to pick up new systems and software easily.

* You are excited by new opportunities for growth, gathering assumptions from key stakeholders and synthesizing them into new financial models that inform future decisions.

* You have an expert understanding of the key underlying metrics that drive GTM success.

* You have a demonstrated ability to develop and retain key talent, drive prioritization of work, and improve productivity/output.

* You are an exceptional communicator, with the ability to build relationships and drive alignment across cross-functional teams.

* You are highly organized and detail-oriented, with the ability to manage multiple initiatives, projects, and priorities simultaneously.

Compensation

* Salary - $160,000-$180,000

* Competitive Equity Package

* Benefits

* Health & Dental Insurance

* Equinox Membership

* Unlimited PTO

* Team Events, Dinners, & Offsites, Free Event Tickets to Dope Shows

* New Macbook

* Daily Uber Eats Credit

* Relocation - This job is strictly in-person. Relocation bonuses are available for out-of-state candidates.

Apply Now!

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