What are the responsibilities and job description for the FP&A Manager position at BlockFi?
BlockFi’s mission is to provide liquidity, transparency, and efficiency to digital financial markets by creating products that meet the needs of consumers and corporations across the globe. We build bridges between traditional finance and digital markets that enable growth for all participants.
The Financial Planning & Analysis (FP&A) Manager will partner with our business units to support all analysis, reporting, and planning needs of the organization. We expect our FP&A Manager to become a senior member of the team by implementing financial rigor across the organization.
Responsibilities
- Prepare and maintain periodic financial reports (i.e. weekly, monthly) of company performance including quarterly board materials, investor materials, and executive reporting
- Partner with budget owners to develop detailed budget and expense forecasts at a vendor level
- Produce detailed 3 statement financial projections with adherence to GAAP
- Measure performance using business metrics such as KPIs/margins and identify cost savings opportunities
- Support investor relations and fundraising with detailed modelling and data analysis
- Update financial plans and assist in optimizing resource allocations based on business results
- Prepare and coordinate monthly variance analysis of actuals, budgets, and forecasts
- Lead team-wide projects including ad-hoc analysis and delivery of automated reporting
- Support the quarterly and annual planning processes and spread accountability throughout the organization
Qualifications
- 5+ years of relevant direct FP&A experience; ideally in a high growth or start-up environment
- Bachelor’s Degree or Master’s Degree in Finance, Accounting or related field
- A strong understanding of corporate finance, GAAP accounting policies, and FP&A procedures (CPA/CFA certification is a plus)
- Experience modelling financial services products is a plus
- Proven experience communicating financial matters to non-finance personnel
- Ability to go beyond the data and understand the “so what”, to translate findings into key insights and actionable recommendations
- Ability to independently manage work from end to end without significant support
- Intellectual curiosity and desire for personal and professional improvement
- Passion and knowledge of fintech and/or crypto is a plus
- Prior ERP experience is a plus
Why BlockFi?
BlockFi has experienced incredible growth since our launch in August 2017. From raising over $100MM in debt and equity capital to helping thousands of clients (and growing!) do more with their crypto assets, we have established a dominant position as the debt and credit crypto market leader in the US. As we expand our product suite and geographic footprint, our addressable market will grow exponentially.
BlockFi's leadership team has decades of experience in the traditional financial services and banking world, and we take a conservative approach to regulation that will position us well for sustainable long-term growth and expansion.
Our team is comprised of highly motivated professionals from diverse backgrounds. We are aiming to become the leading lender in crypto and are poised to redefine the global financial ecosystem for the better. In addition:
- BlockFi is one of the first companies to ever offer crypto-backed loans and the only company whose founding team has an institutional understanding of the debt capital markets and regulatory landscape in the U.S.
- $4.3MM of seed funding and $50MM in capital for funding loans
- $100 MM of Series A, B, and C funding led by Valar Ventures with participation from Susquehanna, Winklevoss Capital, Fidelity, Galaxy Digital, Akuna Capital, and Morgan Creek
- We are moving quickly and have already deployed substantial capital into the space, proving our ability to execute and capture customer demand
We offer
- Competitive salary
- Unlimited vacation / sick days
- Employer paid health coverage (vision, dental, 401K)
- Work alongside an enthusiastic, collegial, and driven team in a highly meritocratic environment
- Weekly lunch, office snacks and coffee