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MPOWER Financing · 4 days ago

AVP of Finance

Washington, DC

Full-time

Hybrid

Senior Level, Lead/Staff

$200K/yr - $233K/yr

10+ years exp

MPOWER Financing is a mission-oriented FinTech/EdTech company that provides borderless loans to students worldwide. The AVP of Finance will oversee all financial reporting, accounting operations, internal controls, and treasury activities, ensuring the integrity of financial information while providing strategic financial advice to the CFO and executive team.

FinanceFinancial ServicesFinTechLending

Comp. & Benefits

Responsibilities

Providing strategic financial input and leadership on issues affecting the business as well as developing and managing sophisticated financial models that assist both the finance and the Executive team in decision making including recommendations on corporate transactions, new business initiatives, and cost management

Leading the stakeholder reporting, annual budget and monthly/quarterly forecasting processes, including developing corporate targets and gaining alignment with the Executive team

Identifying and monitoring significant business trends and variances to plan in revenue, expenses, headcount, capital, balance sheet and cash flow items

Enhancing and enforcing rigorous financial frameworks, systems and policies to ensure best in class accounting and business best practices are adhered to across the company, including in global offices

Developing a near and long-term roadmap for financial, accounting, cost management, treasury, fiscal and regulatory strategies to optimize company performance and global corporate structure

Leading the preparation of accurate and timely financial statements in accordance with U.S. GAAP

Managing monthly, quarterly, and annual close processes

Maintaining and enhancing the company’s internal control framework

Ensuring company financial practices adhere to federal, state, and local regulations

Serving as the primary liaison with external auditors and tax advisors

Partnering with the CFO and other executives to align financial operations with the company’s strategic goals

Developing and executing accounting policies, systems, and procedures to scale with company growth

Building, mentoring, and leading a high-performing finance and accounting team

Fostering a culture of excellence, accountability, and continuous improvement

Overseeing cash management activities, working capital optimization, and banking relationships

Collaborating with Capital Markets teams on liquidity planning and financing strategies

Delivering insights and analysis to improve profitability, operational efficiency, and cost control

Qualification

Graduate degree in FinanceCPACFA designationFinancial reportingFinancial modelingData modeling skillsAnalytical thinkingFinancial complianceTeam managementInterpersonal skillsCommunication skillsPresentation skills

Required

Graduate degree in Finance, Accounting, Economics, or other quantitative / scientific field

10-15 years of experience managing finance teams, including audit, financial reporting, accounting, and FP&A

Ability to balance near-term and long-term priorities with ability to anticipate obstacles and preemptively position company for the best possible outcome

Strong interpersonal, communication, and presentation skills with ability to influence decision making across stakeholder groups

Advanced data modeling skills with high attention to detail and exceptional analytical thinking capabilities

Has experience with financial and tax compliance in a cross border business environment

Proven track record of growing and mentoring teams, developing rigorous processes and controls for fast scaling businesses, and strong technical skills in accounting, budgeting, cash management, financial controls, and shareholder reporting

A passion for financial inclusion and access to higher education is a must, as well as comfort working with a global team across multiple time zones and locations!

In addition, you should be comfortable working in a fast growth environment, meaning a small agile team, fast-evolving roles and responsibilities, variable workload, tight deadlines, a high degree of autonomy, and 80-20 everything

Preferred

CPA or CFA designation or equivalent preferred, with experience in financial services or banking, specifically in consumer credit

Experience in multi-entity consolidation, international tax principles, and working in highly regulated industries is a plus

Experience with marketplace or consumer lending is a plus

Benefits

Health, Dental, and Vision Insurance, with no waiting period for healthcare coverage; eligible from day one

Everyone is an owner – stock options are part of every job offer

Hybrid work model – in the office together at least 2 days per week to build a strong culture and collaborate

Plenty of Paid Time Off, whether you’re sick, traveling the world, or welcoming a new member of your family

A transparent and productive workplace – want to discuss something with the CEO? Just schedule a coffee chat!

Vast opportunities for self-development: annual individual budget to spend on learning goals, company sponsored mentorship and coaching programs, new manager cohort trainings, technical skill development opportunities globally, learning opportunities through external certifications

Fun team events and outings

Monthly home office stipend