Head of Strategic Finance

Orchard
Colton, TX Full Time
POSTED ON 5/4/2023 CLOSED ON 5/15/2023

What are the responsibilities and job description for the Head of Strategic Finance position at Orchard?

About Orchard

Orchard is radically simplifying the way people buy and sell their homes. For the average American, the home purchase and sale process takes months, creates anxiety, and is filled with uncertainty and hassle. Orchard has reimagined the end-to-end experience of buying and selling, from innovative home search tools to find the perfect home to the ability to buy a new home before selling your current one. Orchard customers manage the entire experience through a personalized online dashboard, while also getting the support of best-in-class Orchard real estate agents.

Headquartered in New York City with an office in Austin and teammates across the US, Orchard has over 500 employees and growing. We have financing from top-tier investors including Revolution, Firstmark, Accomplice, Navitas and Juxtapose, who have also backed the likes of Pinterest, AirBnb, Shopify and Sweetgreen. We're proud to be recognized by Crain's, Inc. 5000, Glassdoor, Parity.org and Built In on their lists of best places to work.

About the Role

Orchard is looking for a Head of Strategic Finance to have broad responsibility across the Company's strategic finance areas, including: business case analysis, forecasting, financial planning and analysis, fundraising, capital markets / investor relations (both equity and debt). This person will be a member of the Orchard leadership team.

This role will report into the CFO of Orchard. We are open on location.

What You'll Do Here:

  • Collaborate with Orchard's CFO, CEO, broader executive team, other finance functions, underwriting/investments team, and operational teams across the company to lead business case and scenario analysis to drive intelligent decisions which inform company strategy - particularly regarding driving towards maximizing the company's profitability over time.
  • Lead a team that:
  • develops and maintains financial forecasts for the business and tracks key variances, changes and opportunities in actual results vs forecasts.
  • generates, maintains and automates financial and operational reporting, including weekly, monthly and quarterly packages for key internal and external stakeholders.
  • Partner with executives (and many other stakeholders) to ensure all operating and financial metrics are properly defined, monitored, and being met. You (and your team) will monitor both asset-level and market-level KPIs/metrics on a daily, weekly and monthly basis and help operating teams develop initiatives to optimize them
  • Be responsible for maintaining and optimizing the company's financial model and unit economics for presentation to internal stakeholders, the Board and investors.
  • Oversee annual budgeting process and long-term strategic planning from a financial perspective.
  • Partner with our internal Accounting team on monthly close process, financial reporting, and preparation of GAAP financial statements; work with the CFO and Controller to define and implement best practices for financial management and reporting across the Company.
  • Be actively involved with capital markets activities, including equity fundraising and debt financing; closely involved with the CFO and CEO. You will directly interface with Orchard's Board, existing and prospective investors and lenders.

We'd Love to Hear From You if You Have:

  • Bachelor's Degree in Finance, Economics, or a related field. MBA preferred, but not required
  • At least 7 years professional experience. 5 years within Strategic Finance / FP&A function or private equity/growth equity/ venture capital investment background preferred.
  • Strong understanding of corporate finance concepts and accounting principles.
  • Proven ability to build & manage high performing finance teams in a technology driven environment. Ideally, you've managed direct reports for 2 years.
  • Experience developing highly complex financial models and developing reporting packages, preferably at a high-growth tech company.
  • Exceptionally strong analytical skills with relentless attention to detail backed by a data-driven mentality. Genuine intellectual curiosity
  • History of successfully leading business case analysis and planning processes which set strategy through a financial lens, then tracking the plan to report on its progress over time.
  • Exceptionally advanced Excel and financial modeling skills; strong PowerPoint skills.
  • Experience participating in debt & equity financing processes preferred, but not required.

Personal Characteristics

  • You think like an investor: Capable of high-level strategic thinking (seeing the "bigger picture") while simultaneously being able to dive into granular details -- all through a quantitative, financial lens
  • You execute like an entrepreneur: High energy and action-oriented with a history of getting things done in complex, fast moving environments. Successful in scrappy and entrepreneurial environments, with a drive to get things done

#LI-SD1 #BI-Hybrid

Orchard is proud to be an equal opportunity employer. We provide employment opportunities without regard to age, race, color, ancestry, national origin, religion, disability, sex, gender identity or expression, sexual orientation, veteran status, or any other protected status in accordance with applicable law.

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