Head of Strategic Finance, Mercury
$219.2-286.6k
The total rewards package at Mercury includes base salary and equity (stock options). New hire offers are made based on a candidate’s experience, expertise, geographic location, and internal pay equity relative to peers.
Banking services for startups
Job no longer available
Banking services for startups
501-1000 employees
Job no longer available
$219.2-286.6k
The total rewards package at Mercury includes base salary and equity (stock options). New hire offers are made based on a candidate’s experience, expertise, geographic location, and internal pay equity relative to peers.
501-1000 employees
Company mission
To make scaling tech companies simpler with a personalized banking stack for startups, and power the next generation of companies that will shape the American industry.
Role
Who you are
- 10+ years of finance experience with high-growth technology companies
- Experience at both earlier stage startups and larger public tech companies is ideal. You know what scale and best-in-class practices look like but also know the full breadth of questions relevant to an earlier stage company and can build a bridge between the two
- Fintech experience is a huge plus but not required
- Investment banking and/or private equity experience is a plus but not required
- You’re good with numbers, but more importantly with people
- Experience managing a team is a must - you lead with deep empathy and care for your team while enabling them to be their best
- Trusted thought partner - cross-functional partners trust you and come to you to collaborate on problems
- Excellent communication skills - you can translate complicated financial topics into understandable concepts for the broader company and effortlessly tell the story behind the numbers
- Self-starter, first principles thinker, natural builder
- You enjoy tackling new problems and don’t need a prior mental model to think through them. You think about problems from multiple perspectives (product, customer, brand, etc.) and can weigh trade-offs wisely
- You can grasp ambiguous problems and determine a clear path forward with little direction required
- You not only help drive financially sound decisions but also can design and implement thoughtful processes that help the company run better
- Care about our customers and product, not just our financials
- We’re building a financial stack that serves finance teams like our own. We’re looking for an active product thinker who is constantly thinking how Mercury as a product can better serve ourselves and hence our customers
What the job involves
- Mercury through some of our largest strategy decisions while building a solid foundation for financial planning and management. This role will report to the VP of Finance
- Lead and develop our new Strategic Finance function (currently a team of three) and help set the foundation for how the team works at Mercury. Not afraid to roll up your sleeves and serve as player-coach when needed
- Own our financial forecasting and planning processes, collaborating across the company to determine hiring plans and budgets that responsibly set up Mercury for success
- Help set business goals and hold cross-functional partners accountable
- Partner across the company on key strategic questions impacting everything from go-to-market to product to operations to partnerships decisions
- Drive future fundraising, board meetings, and investor reporting
Otta's take
Sam Franklin
CEO of Otta
Frustrated by the archaic, fee-laden banking services offered to entrepreneurs, the founders of Mercury set out to create a better solution. They envisioned a platform that was dynamic, tech-driven, and free from unnecessary fees.
Mercury delivers on this vision by automating business payment processes, offering FDIC-insured accounts, and providing full API access, empowering entrepreneurs with greater control and efficiency. This approach stands in stark contrast to traditional startup banking, which often burdens young businesses with high fees and limited functionality.
By prioritizing user experience and offering a free service tier, Mercury has attracted over 100,000 businesses and achieved a $1B valuation in 2021. As a rising unicorn in the stagnant world of startup banking, mercury is poised for continued growth, constantly adding new features and expanding its team to further disrupt the industry.
Insights
Some candidates hear
back within 2 weeks
50% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Jul 2021
$120m
SERIES B
Sep 2019
$20m
SERIES A
Total funding: $150.9m
Company benefits
- Health, dental, & vision
- 12+ weeks of paid parental leave
- $600 USD custom WFH equipment setup
- Unlimited vacation policy (with a mandatory minimum)
- Retirement matching up to 4% of base salary (401k/RRSP)
- Paid 6-week sabbatical after the 5-year mark
- Annual $1K USD learning & development budget
- Unlimited book budget
- Weekly $100 USD food budget
- Monthly $100 USD wellness budget
- Monthly $50 USD cellphone reimbursement
- Pet-friendly offices with free tea & lunch
Company values
- Think actively: Question processes. Give thoughtful feedback. Find the best way to do something instead of going by how it’s always been done
- Be super helpful: Practice intentionality and accountability. Go above and beyond to solve problems, and do it as a team
- Act with humility: Treat everyone with respect. Leave egos at the door
- Appreciate quality: Work with the best equipment. Avoid cutting corners. Take pride in crafting a lasting product
- Maximize efficiency: Minimize unnecessary meetings and bureaucracy. Work together to get the job done right
- Focus on product: Ask yourself how the product can be better today than it was yesterday
Company HQ
SoMa, San Francisco, CA
Articles
Founders
Jason Zhang
(COO)Studied Biology at Stanford before spending over 4 years at Heyzap in Business Development.
Immad Akhund
(CEO)Graduated from the University of Cambridge, then worked as a Software Developer at Aquila and Bloomberg. Also founded Clickpass and Heyzap, and was a Part-time Partner at Y Combinator.
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