15 days ago

Logo of Varo Money

Head of FP&A

$200k - $225k

Varo Money

USRemote
Varo is looking for a new strategic partner to head the financial planning and analysis team. This small but mighty team is a critical support to Varos leadership in charting the path to where no bank has been before. The FP&A team works for the CFO Office of Varo Bank alongside the Treasury and Accounting teams within Finance. It takes ownership of Varos financial health. 

Our ideal candidate will spearhead financial forecasting/budgeting, financial reporting (for management, investors, and regulators), and collaborate closely with senior stakeholders across the organization to bring an analytically rigorous, data-driven approach to key decision-making making e.g., product development, customer segmentation, channel profitability, staffing/capacity forecasting, partnerships, competitive market intelligence, etc.

What you’ll be doing:

  • Develop a top-in-class forecasting and planning function (FP&A) while executing the companys financial strategy as a critical member of Varo’s leadership teamPartner with key departmental stakeholders to provide financial and analytical support, including, but not limited to, Operations, Product, Technology, Risk, etc. 
  • Develop and prepare annual, quarterly, monthly, and ad-hoc financial and KPI reporting for executives, investors, and regulators (including required regulatory reporting)
  • Partner with the Accounting function for an efficient and well-supported financial close
  • Help to create, maintain, and support Varo’s dynamic business plan and financial forecasts
  • Lead business performance discussions and driver-based flux analysis on a monthly basis
  • Drive Varo’s expansion strategy supporting product launches, market entry, partnerships, and M&A activities
  • Additional responsibilities as deemed appropriate for the role and growth of the finance team

You’ll bring the following required skills and experiences:

  • Bachelors degree in finance or related discipline (CFA a plus)
  • 7+ years experience in FP&A, Strategic Finance, Investment Banking, or Corporate Development
  • Strong work ethic with an ability to focus on complex financial problems; surgically strong detail orientation and commitment to accuracy
  • Experience in streamlining processes and understanding the bigger picture
  • Experience in building a strong motivated team in a high-paced environment
  • Ability to acquire new skills and adapt to or implement technology evolution such as the use of AI in forecasting
  • Experience with data management and/or financial information systems, preferably with Anaplan 
  • Previous experience in neo-banking, financial services, retail, and/or commercial banking is required
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