Head of FP&A

Posted 6 Hours Ago
Be an Early Applicant
Hiring Remotely in US
Remote
200K-225K Annually
Senior level
Fintech • Payments
Varo made history: the first and only consumer fintech to be granted a national bank charter by the OCC!
The Role
The Head of FP&A will lead the financial planning and analysis team, develop forecasting and financial strategies, prepare executive reports, collaborate with departments for financial support, and drive business performance discussions, all while supporting Varo's expansion strategy and initiatives.
Summary Generated by Built In

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 Varo's 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 Varo's 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 company's 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:

  • Bachelor's 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

#Director

The Company
HQ: San Francisco, CA
1,000 Employees
On-site Workplace
Year Founded: 2015

What We Do

We're on a mission to empower hard-working Americans to achieve greater financial resilience; arming them with the products and support they need to create healthy financial habits.

Why Work With Us

We’re working toward our mission with a team that uniquely and strategically combines banking veterans with technology experts. The banking experts provide decades of industry experience, and the tech experts can build a mobile app that offers everyone access to no-cost, premium banking, including high-yield savings and auto-saving tools.

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