VP of Finance
New York City, NY, US
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Bread transforms pricing in e-commerce: The $1,000 couch you’re looking at might become $50/month. Bread partners with merchants to offer end consumers the ability to pay over time with clear, transparent terms and fair rates. Our B2B2C model aligns our goals with our merchants’ goals, and we are a leader in organizational customer centricity and service. Add a powerful, flexible merchant API that can seamlessly integrate financing anywhere in the e-commerce experience, and you’ve got Bread.
The VP of Finance will report to the CEO and join as a member of Breads management to own our efforts around financial planning, reporting, pricing, funding and analysis. You will manage a growing cross-functional team of professionals in analytics, accounting, financial planning, and capital markets. You will work closely with Product, Marketing, Sales, Risk, department leaders, and the companys management team to understand and shape Breads financial future. Your goal will be to increase the fidelity and precision of our view towards profitability and scale and ensure that the company executes on that plan and manages the cash needed to do so. In the process, you will build a world-class finance function that accounts for and manages risk.
Things you’ll do:
Oversee and help build and maintain Breads detailed financial model, accounting for all inputs into revenue, expenses, and cash usage, to improve Breads forecasting accuracy
Communicate Breads financial vision to all stakeholders, including its board of directors as well as current and future debt and equity investors
Create and execute a strategy for Breads funding and capital structure, including overseeing a capital markets function that will source various forms of debt capital to finance Breads lending business
Create guidelines for Breads product pricing in line with our financial vision, and gain insight into profitability on a per-client level
Manage a generalist Analytics function that serves as a source of data insight to stakeholders throughout the company
Implement and oversee a regular and disciplined company-wide budgeting process
Refine Breads processes around accounting and control, to reduce operational risk and to provide fast and accurate views into Breads financial position and clean audit opinions
Generally, be the go-to person for all things finance at Bread
A background leading a corporate finance function
Background in the finances of financial services and lending companies (strongly preferred)
An enormous appetite for detail and precision, and a willingness to roll up your sleeves and do the dirty work
Strong modeling and quantitative communications skills
A track record of creating and executing on a sustainable financial strategy
Experience with capital markets and managing complex capital structures
A self-starting attitude: You work independently and effectively, with little oversight or management
Exceptional project management abilities - you are known for getting things done
A history as a strong manager and leader of people (strongly preferred)
More Openings at Bread
is hiring a Operations Associate
is hiring a Success: Head of Training and Enablement
is hiring a Business Development Representative
is hiring a Sales Strategist
is hiring a Site Reliability Engineer
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Website : https://www.getbread.com
Bread builds powerful financing tools to boost merchant sales. With Bread, customers pay for the things they need, one slice at a time. Our team includes executives with consumer finance experience from Discover, Citibank, and Chase and technology experience from Google. Bread is backed by some of the nation’s leading financial services investors, led by Bessemer Venture Partners.