Sr. Manager FP&A, Corporate + R&D
Weights & Biases
San Francisco, CA, USA
Posted on Tuesday, July 2, 2024
At Weights & Biases, our mission is to build the best tools for AI developers. We founded our company on the insight that while there were excellent tools for developers to build better code, there were no similarly great tools to help ML practitioners build better models. Starting with our first experiment tracking product, we have since expanded our solution into a comprehensive AI developer platform for organizations focused on building their own deep learning models and generative AI applications.
Weights & Biases is a Series C company with $250M in funding and over 200 employees. We proudly serve over 1,000 customers and more than 30 foundation model builders including customers such as OpenAI, NVIDIA, Microsoft, and Toyota.
We are looking for an Sr. Manager to join the growing FP&A team. Reporting to the Head of Strategic Finance and working very closely with the CFO, you will be responsible for leading and building the Corporate & R&D FP&A functions to forecast, plan & report on the consolidated company financials as well as oversee a team focused on financial planning and forecasting for Engineering, Product and the G&A functions. You will help evaluate and determine overall strategy for investment, headcount planning, targets and compensation. The Sr. Manager will also partner with senior executives in the organizations to forecast, plan and analyze business activities and model out key investments and associated returns.
The Sr. Manager will interact frequently with senior management in this role and must become a trusted thought partner to both the CFO and his/her teams.
Responsibilities:
- Lead the build out, maintenance and accuracy of the company financial model used for forecasting and budgeting. This is a critical focus area of the role and will work closely with the CFO on it
- Lead the annual budgeting and quarterly forecasting processes for the company as well as the G&A, and R&D functions
- Manage overall planning calendar across the FP&A function and the executives for quarter re-forecasts and the annual planning process. Maintain and manage both internal and external plans and communication and setting of internal OKR financial targets
- Analyze financial performance against budget, forecast, and prior year; identify trends and variances
- Lead and support the transition of the model into a planning tool
- Refine various policies and processes as the company scales (headcount approvals, T&E, etc). Partner closely with HR and Recruiting to ensure tracking and communication of headcount and hiring plans
- Oversee finance business partnering with the R&D teams (Eng and Product) to support strategic initiatives and paths to drive operational efficiencies, including robust build out of hosting expenses and impact of product features to the company’s financials
- Prepare and present comprehensive financial reports, including variance analysis, financial trends, and (KPIs) to senior management and stakeholders (monthly, quarterly and annually)
- Support investor relations activities and any monthly or quarterly reporting requirements.
- Evaluate and improve financial processes, systems, and tools to increase efficiency and accuracy
- Drive automation initiatives to streamline FP&A processes. Partner with Accounting and cross functionally with the People, Legal and R&D functions to improve accuracy efficiency of financial processes, including revenue recognition, expense management, and cost allocation.
- Support Head of Strategic Finance and CFO in leading and mentoring a small team of FP&A professionals, fostering a culture of high performance and continuous improvement
- Set team goals and ensure alignment of team goals with overall business objectives
1. Overseeing company-wide planning processes and maintaining the consolidated Company model
2. Strategic Business Partnering with G&A and R&D teams:
3. Reporting & Analysis:
4. Process Improvement:
5. Team Leadership:
Requirements
- Bachelor’s degree in Finance, Accounting, Economics, or a related field; MBA or CFA preferred.
- 8+ years of progressive FP&A experience. Experience in high-growth, fast-paced environments at an enterprise SaaS startup or a private equity-backed company.
- Prior investment banking experience or experience in R&D or Infrastructure FP&A roles are strongly preferred.
- Strong analytical skills with proficiency in financial modeling, forecasting, and analysis.
- Proven track record of partnering with and influencing senior leadership to drive strategic initiatives and financial performance.
- Ability to manage multiple tasks and urgent demands in a fast-paced environment.
- Advanced proficiency in financial software and tools such as Excel, Netsuite, Tableau and planning tools.
- Strong leadership and team management skills to motivate and develop a high-performing team.
- Willingness to roll up your sleeves and tackle tasks in a start-up environment.
We encourage you to apply even if your experience doesn't perfectly align with the job description as we seek out diverse and creative perspectives. Team members who love to learn and collaborate in an inclusive environment will flourish with us. We are an equal opportunity employer and do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. If you need additional accommodations to feel comfortable during your interview process, reach out at careers@wandb.com.
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