Sr. FP&A Manager

Job Description

Sr. FP&A Manager | Acorns

At Acorns, we're building a financial wellness system that enables everyday Americans to save and invest every day. We are transforming the category and recruiting a team that is relentless at fulfilling our mission. The Acorns team comes together every day to deliver a revolutionary product to its customers, the up-and-coming. If you thrive in an environment where you can push yourself beyond all previous thresholds of possibility, come join us at Acorns.

Acorns is seeking an exceptional FP&A Sr. Manager to spearhead Financial Planning and Analysis, management reporting and plan vs actual analyses. This person will provide tactical and strategic insights and analysis to drive business decisions. This role will work directly with the Sr. Director of Finance as well as teams throughout the organization, including product, engineering, marketing, and operations.

This role has the option to be remote or based in our Irvine or New York offices.

You are not expected to have experience with all listed requirements. If you feel passionately about Acorns' mission, vision and values, please apply.

Within 1 month, you will:

• Introduce yourself to the organization
• Develop a deep understanding of the product, business model, and financials
• Work with the Finance & Accounting Team during the monthly close and management reporting process

Within 3 months, you will:

• Support the monthly closing process, management reporting and plan to actual analyses
• Compare financial forecasts and budgets to actual financial performance, interpret results and variances, and give guidance on necessary course corrections
• Serve as a key stakeholder in the strategic planning process and quantify company goals and investment opportunities
• Partner with business leads to translate strategic initiatives and operational goals into a financial outlook
• Work closely with department heads and business leads to provide transparency and insights into the financial performance of their business units
• Work closely with the rest of the finance and accounting team around public company readiness initiatives
• Assist in other ad-hoc analysis and presentation requests

Within 6 months, you will:

• Lead annual budgeting process and support the development of annual operating plans, budgets, and forecasts
• Develop efficient cost management and financial reporting processes that help us to scale our business profitably
• Monitor cost adherence to the approved plan and provide recommendations that improve profitability, operating efficiency and effectiveness. Ensure that functional departments spending aligns with company strategy and budgets
• Help drive business decisions by providing actionable financial reporting on a regular and ad-hoc basis
• Build detailed financial, scenario-based models to evaluate investment priorities and evaluate potential alternatives

What you will bring to Acorns:

• Minimum 8 years of relevant experience (corporate finance, investment banking, management consulting, private equity), with a stronger weighting towards corporate finance roles within a dynamic operating company
• Bachelors in Finance or Accounting or equivalent discipline a must; CPA, CFA or MBA is a plus
• Relevant financial planning and budgeting experience within a high-growth company a plus
• Must possess excellent analytical, financial modeling and presentation skills with the ability to analyze raw data, draw conclusions, and develop actionable recommendations
• Strong written and verbal communication skills with the ability to interact well with senior management and communicate effectively in meetings
• Must be a team player who understands the importance of the role as a key support function to the operating team
• Ability and desire to roll up sleeves and be hands-on in an entrepreneurial fast-paced, high-growth environment
• Basic understanding of the fintech landscape
• A strong passion for the Acorns mission
• Thirst for delivering game-changing products
• Exceptional drive and precision in delivery
• A belief that your work is tied to your life's mission
• Optimistic about the potential of societal change

What we offer:

• Competitive salary and stock options
• A comprehensive benefits package to meet the needs of you and your family
• Flexible paid time off
• Numerous career possibilities that allow you to grow with Acorns
• Talented and motivated team members who care deeply about one another, our mission and our customers.
• The rare opportunity to create a new world. We inspire one another every day to do meaningful work that solves big societal challenges.

About Acorns:

Acorns is the leading micro-investing app in the U.S. It allows users to round up their daily purchases and automatically Invest the Change® into a low-cost, diversified portfolio of exchange-traded funds offered by some of the world's top asset managers (including Vanguard and BlackRock). Founded in Newport Beach, Calif., by father and son team Walter and Jeff Cruttenden, Acorns provides a simple entry-point using the Acorns app on iPhone or Android. Customers accumulate fractional shares in one of five portfolios constructed by world-renowned Nobel Laureate economist Dr. Harry Markowitz. Acorns' smart portfolio algorithms automatically work in the background of life, helping users build wealth naturally, pennies at a time. From Acorns mighty oaks do grow.

Mission:

With benevolence and courage, we look after the financial best interests of the up-and-coming; beginning with the empowering step of micro-investing.

Commitment to Diversity, Equity & Inclusion:

Acorns believes diversity, equity and inclusion are fundamental obligations that strengthen our team. We need a diverse, multi-disciplinary team to build a meaningful company and culture.

Values:

1. Lead with heart
2. Make bold decisions
3. Always build trust
4. Never stop growing
5. Find a way