Director of Financial Planning & Analysis Etsy
THIS JOB HAS EXPIRED Etsy is seeking a Director of Financial Planning & Analysis, to be based in Brooklyn, NY, and reporting to the Chief Financial Officer. This new position will initially entail a blend of FP&A and Treasury responsibilities. Etsy is experiencing global rapid growth and is in the process of rounding out its corporate finance team.
This position includes the functions mentioned above (both new) and will be augmented with an additional staff person early in 2014. S/he will work closely with the finance, legal, tax and operations to ensure all of Etsy?s financial and operational goals are met. Also s/he will recruit, train and manage team members as required. There will be limited travel.
About the Job
Build, direct and oversee all financial planning and analysis activities including financial and statistical reporting, preparation and management of the annual operating and capital budget, cash flow analysis and financial forecasts, consistent with the Company?s vision, values, strategic plan, and short and long-term goals and objectives
Prepare monthly and quarterly financial reviews for executive management pinpointing areas of potential revenue shortfalls, inefficient cost expenditures and analyzing key business metrics.
Evaluate (prepare) financial modeling for new business development, cost saving projects, capital expenditure evaluation, competitive analyses, and profitability.
Perform analyses relating to debt, leasing, capital structure and equity.
Assist in the due diligence process for the identification, valuation, and integration of potential acquisitions.
Support internal and external financial and management reporting including SEC reporting, investor relations, and board of directors.
Work with CFO in developing appropriate financial action plans and updates for various groups, including BOD, CEO, Investors and Senior Management.
Prepare ad-hoc and standard financial analysis and reports as requested by the CFO and CEO, providing insightful views into the Company?s operations and financial performance.
Evaluate departmental cost structures to reduce operating expenses.
Develop and maintain a dashboard of Etsy's business driver and metrics and establish the framework for the measurement and reporting across the business.
Ensure all key FP&A and financial systems processes are documented, key controls identified, and procedures developed to periodically test the effectiveness of controls.
Identify and monitor key operating metrics, business risks and opportunities associated with the plan.
Produce long and short term financial plans, ensuring strong linkage between both, to support critical expansion and operational strategies.
Improve financial planning processes and systems to enhance management decision-making.
Develop, oversee and approve all actions and policies of the treasury department.
Recommend hedging strategies, as appropriate.
Monitor budgetary performance against a monthly, quarterly and annual (or rolling) budget.
Periodically prepare reports, cash flow projections and statistics on the activities of the treasury function.
Oversee all Etsy transactions and contracts having monetary implications.
Assist in the preparation of any cash-related activity for external reporting and compliance.
Maintain proper and complete record keeping in support of all transactions and the department?s activities.
Ensure proper systems and procedures have been established, consistently followed, and in line with best practices, Sarbanes Oxley and legal requirements.
Assist the organization in raising capital and other forms of financing.
Integrate the activities of the department into or with its ERP system.
Establish and maintain banking relationships for corporate, subsidiary and international bank accounts.
Coordinate and maintain borrowing and leasing arrangements (including covenants) with lending institutions.
Coordinate and supervise the release of funds (wire transfer activities, checks, etc.) for the global entity.
Assist in the development of policies and procedures for bank account collections and the repatriation of cash.
Contribute to and/or the development of policies and procedures for foreign currency risk management.
Other Treasury duties as assigned.
The position requires a seasoned financial professional capable of managing multiple priorities in a dynamic, rapidly growing and fluid organization. The individual must have excellent interpersonal and communication skills and must be able to work effectively across organizational and functional boundaries. S/he must be highly organized and skilled at creating structures and definition in situations that are uncertain or ambiguous ? for a young but rapidly growing business. The successful candidate will adapt quickly to change and will champion the advancement of financial planning and treasury tools, systems, and controls that will enhance Senior Mgt. and BOD decision making. Candidates should be somewhat familiar with GAAP and SEC principles and practices in an e-commerce company with a revenue stream consisting of global, high volume, low dollar transactions.
Eight plus years of progressive experience in a senior finance role inclusive of FP&A and Treasury, including five+ years experience in financial planning and business analysis.
Bachelor?s degree from four-year college or university is required as is an MBA; Business, Economics, Math or Engineering undergrad majors preferred. CPA and/or CFA or equivalent certification, is a plus.
Experience serving in a publicly traded company with $200+ million revenues; strong familiarity with low dollar, high volume e-commerce business is a must.
High energy level with a hands-on approach combined with the ability to provide leadership and structure in a fast paced dynamic environment.
Significant experience in presenting and communicating to key business owners and senior management.
History of building a treasury and FP&A functions from the bottom up.
Must be a highly ethical professional with strong business acumen.
Demonstrated ability to identify and define issues, evaluate alternatives and implement effective solutions.
Ability to be exacting, thorough and attentive to detail, while still meeting deadlines. Excellent problem solving diagnosis and analytical skills.
Experience in determining needs and resource assessments.
Understanding the importance of being process oriented all while balancing cost considerations with time constraints.
Experience assisting with foreign currency and global tax transactions.
Thoughtful financial modeling capabilities, including valuation, pro-forma financial modeling and discounted cash flow methodologies.
Knowledge of treasury management systems and financial products.
Excellent leadership, critical thinking and management skills to inspire others through conviction, respect and the ability to articulate and formulate financial strategy and direction.
Must possess ability to accomplish multiple tasks within strict time requirements all while maintaining a high degree of accuracy and flexibility.
A working knowledge of GAAP and accounting practices is important.
Strong verbal, written and presentation communication skills.
Possesses the confidence and presence to interact and present to executives and to effectively and professionally communicate with subordinates in a team environment.
Flexible, graceful under pressure, with a sense of humor.
Must possess strong financial and analytical skills including experience creating complex financial models and efficiently communicating results through the use of supporting tables, graphs, and presentation quality material.
Ability to define problems, collect data, establish facts, solve problems, make recommendations, and draw valid conclusions in a timely and accurate manner.
Ability to prioritize and successfully manage multiple projects/deadlines simultaneously.
Must be a self-starter, team oriented and highly motivated individual who will demonstrate the ability to exercise sound judgment and provide recommendations to management.
Strong skills utilizing Microsoft Office (Excel in particular) is required.
||325 Gold Street |
Brooklyn, NY 11201
THIS JOB HAS EXPIRED