Senior Finance Manager
3 weeks ago
A Leading Technology based company is looking for Senior Finance Manager who will be responsible for managing and overseeing the company's financial operations, including financial planning & analysis (FP&A), reporting, budgeting, and forecasting. You will work closely with cross-functional teams, including Sales, Marketing, and Product, to provide financial insights and drive strategic decisions to maximize growth and profitability in a fast-paced SaaS environment.
Key Responsibilities:
- Financial Planning & Analysis (FP&A):
- Lead the preparation of monthly, quarterly, and annual financial forecasts, ensuring alignment with business objectives.
- Build and maintain SaaS-specific financial models, including revenue recognition, cost structure analysis, churn rates, customer acquisition cost (CAC), lifetime value (LTV), and other key metrics.
- Provide detailed analysis and insights into financial performance, identifying trends, risks, and opportunities for optimization.
- Work closely with department heads to create detailed budgets and long-term financial plans, ensuring alignment with the company's strategic goals.
- Monitor financial performance against budget, highlighting variances and providing actionable recommendations.
- Develop and track key SaaS metrics such as Monthly Recurring Revenue (MRR), Annual Recurring Revenue (ARR), churn rates, LTV, CAC, and gross margin.
- Analyze customer cohort performance, upsell and cross-sell metrics, and customer retention to provide data-driven recommendations to optimize growth.
- Prepare and present monthly and quarterly financial reports, highlighting performance trends, forecasts, and strategic recommendations to the executive team.
- Ensure compliance with revenue recognition principles (ASC 606) and other relevant financial regulations.
- Provide financial insights and strategic guidance to senior leadership to support business decisions, including product launches, pricing strategies, and go-to-market initiatives.
- Partner with Sales, Marketing, and Product teams to understand business drivers and propose financial solutions.
- Lead continuous improvement initiatives within the finance team to streamline financial processes and improve forecasting accuracy.
- Implement and improve systems to capture relevant financial and operational data for decision-making.
- Lead, mentor, and develop junior finance team members, fostering a high-performance culture within the finance department.
- Ensure compliance with financial regulations and accounting standards, managing the audit process when necessary.
Requirements
Experience:
- 6-8 years of experience in finance or accounting
- Strong understanding of SaaS business models, financial metrics, and revenue recognition standards (e.g., ASC 606).
- Experience in financial planning & analysis, budgeting, forecasting, and reporting.
- Proven track record of working closely with cross-functional teams to drive strategic decision-making.
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