Strategic Finance Associate
Job Description
๐ Whatnot
Whatnot is a livestream shopping platform and marketplace backed by Andreessen Horowitz, Y Combinator, and CapitalG. Weโre building the future of ecommerce, bringing together community, shopping and entertainment. We are committed to our values, and as a remote-first team, we operate out of hubs within the US, Canada, UK, Ireland, and Germany today.
Weโre innovating in the fast-paced world of live auctions in categories including sports, fashion, video games, and streetwear. The platform couples rigorous seller vetting with a focus on community to create a welcoming space for buyers and sellers to share their passions with others.
And, weโre growing. Whatnot has been the fastest growing marketplace in the US over the past two years and weโre hiring forward-thinking problem solvers across all functional areas.
๐ค About the Finance Team
The Whatnot Finance team consists of Strategic Finance, FP&A, Tax, and Accounting. The Strategic Finance team leads Whatnotโs financial modeling, strategic planning, fundraising, investor relations and diligence efforts. We strive to be agents of change and are highly involved in strategic decisions for the company. As a member of our small but mighty 3-person team, you will help define our position in the company by partnering cross-functionally with business units to evaluate key questions, tackle problems and drive results. We are looking for someone with deep financial modeling expertise and a track record of success in dynamic, fast-growing environments.
๐ป Role
- Own financial reporting and forecasting for core business profitability, focused on top-line (GMV and Revenue) metrics and Gross Profit / Contribution Margin and above, with growth opportunities to be a functional owner of key profitability drivers
- Act as a business partner to cross-functional teams (Category Expansion, Strategic Partnerships, Marketing, Engineering) to own strategic financial modeling and evaluation of business opportunities
- Evaluate and support Pricing and Promotions initiatives across the business by deeply understanding financial implications
- Support month-end close process via Gross Profit reporting (forecast vs. actual variance analysis, key metrics reporting)
- Own and drive strategic profitability levers, transforming operational and financial data into financial insights and recommendations
- Assist in the creation of internal monthly reporting packages and external quarterly reporting deliverables (i.e. Board Meeting presentations and investor reporting), in partnership with various Finance & Accounting teams and Data
Team members in this role are required to be within commuting distance of our San Francisco, New York or Los Angeles hubs.
๐ You
Curious about who thrives at Whatnot? Weโve found that low ego, a growth mindset, and leaning into action and high impact goes a long way here.
As our next Strategic Finance Associate, you should have:
- 2+ years of experience in investment banking, private equity / VC, consulting or strategic finance at a fast-paced tech company
- Exceptional financial modeling skills with the ability to tackle ambiguous problems and produce elegant and insightful analyses
- Experience building and maintaining complex financial models reflecting operational business dynamics
- Excellent attention to detail, problem-solving, analytical, and communication skills
- Ability to partner cross-functionally, influence, and communicate financial concepts to all business partners
Nice to Have:
- Experience in Strategic Finance at Software / Consumer Marketplace and / or growth-stage companies
- Bonus Points for familiarity with SQL, Python, or other data languages
- Familiarity with financial planning software (we use Pigment here at Whatnot!)ย
๐ฐ Compensation
For Full-Time (Salary) US-based applicants: $135,000/yr - $150,000/yr + benefits + equity
The salary range may be inclusive of several levels that would be applicable to the position. Final salary will be based on a number of factors including, level, relevant prior experience, skills and expertise. This range is only inclusive of base salary, not benefits (more details below) or equity.
๐ Benefits
- Flexible Time off Policy and Company-wide Holidays (including a spring and winter break)
- Health Insurance options including Medical, Dental, Vision
- Work From Home Support
- $1,000 home office setup allowance
- $150 monthly allowance for cell phone and internet
- Care benefits
- $450 monthly allowance on food
- $500 monthly allowance for wellness
- $5,000 annual allowance towards Childcare
- $20,000 lifetime benefit for family planning, such as adoption or fertility expenses
- Retirement; 401k offering for Traditional and Roth accounts in the US (employer match up to 4% of base salary) and Pension plans internationally
- Parental Leave
- 16 weeks of paid parental leave + one month gradual return to work *company leave allowances run concurrently with country leave requirements which take precedence.
๐ EOE
Whatnot is proud to be an Equal Opportunity Employer. We value diversity, and we do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, parental status, disability status, or any other status protected by local law. We believe that our work is better and our company culture is improved when we encourage, support, and respect the different skills and experiences represented within our workforce.
Date Posted
08/26/2024
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1
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