Job Description

Varo is an entirely new kind of bank. All digital, mission-driven, FDIC insured and designed for the way our customers live their lives. A bank for all of us.

Varo is looking for a new strategic partner to head the financial planning and analysis team. This small but mighty team is a critical support to Varo's leadership in charting the path to where no bank has been before. The FP&A team works for the CFO Office of Varo Bank alongside the Treasury and Accounting teams within Finance. It takes ownership of Varo's financial health. 

Our ideal candidate will spearhead financial forecasting/budgeting, financial reporting (for management, investors, and regulators), and collaborate closely with senior stakeholders across the organization to bring an analytically rigorous, data-driven approach to key decision-making making e.g., product development, customer segmentation, channel profitability, staffing/capacity forecasting, partnerships, competitive market intelligence, etc.

What you’ll be doing:

• Develop a top-in-class forecasting and planning function (FP&A) while executing the company's financial strategy as a critical member of Varo’s leadership teamPartner with key departmental stakeholders to provide financial and analytical support, including, but not limited to, Operations, Product, Technology, Risk, etc. 
• Develop and prepare annual, quarterly, monthly, and ad-hoc financial and KPI reporting for executives, investors, and regulators (including required regulatory reporting)
• Partner with the Accounting function for an efficient and well-supported financial close
• Help to create, maintain, and support Varo’s dynamic business plan and financial forecasts
• Lead business performance discussions and driver-based flux analysis on a monthly basis
• Drive Varo’s expansion strategy supporting product launches, market entry, partnerships, and M&A activities
• Additional responsibilities as deemed appropriate for the role and growth of the finance team

You’ll bring the following required skills and experiences:

• Bachelor's degree in finance or related discipline (CFA a plus)
• 7+ years experience in FP&A, Strategic Finance, Investment Banking, or Corporate Development
• Strong work ethic with an ability to focus on complex financial problems; surgically strong detail orientation and commitment to accuracy
• Experience in streamlining processes and understanding the bigger picture
• Experience in building a strong motivated team in a high-paced environment
• Ability to acquire new skills and adapt to or implement technology evolution such as the use of AI in forecasting
• Experience with data management and/or financial information systems, preferably with Anaplan 
• Previous experience in neo-banking, financial services, retail, and/or commercial banking is required

$200,000 - $250,000 a year

For cash compensation, we set standard ranges for all US-based roles based on function, level, and geographic location, benchmarked against similar-stage growth companies. Per applicable law, the salary range for this role is $200,000 - $250,000. Final offer amounts are determined by multiple factors as well as candidate experience and expertise and may vary from the identified range.

#Director

We recognize not everyone will have all of these requirements. If you meet most of the criteria above and you’re excited about the opportunity and willing to learn, we’d love to hear from you!

About Varo

Varo launched in 2017 with the vision to bring the best of fintech into the regulated banking system. We’re a new kind of bank – all-digital, mission-driven, FDIC-insured, and designed around the modern American consumer. 

As the first consumer fintech to be granted a national bank charter in 2020, we make financial inclusion and opportunity for all a reality by empowering everyone with the products, insights, and support they need to get ahead. Through our core product offerings and suite of customer-first features, we aim to address a broad range of consumer needs while profitably serving underserved communities that have been historically excluded from the traditional financial system.

Learn more about Varo by following us:

Facebook - https://www.facebook.com/varomoney

Instagram - www.instagram.com/varobank

LinkedIn - https://www.linkedin.com/company/varobank

Varo is an equal opportunity employer. Varo embraces diversity and we are committed to building teams that represent a variety of backgrounds, perspectives, and skills. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.

Beware of fraudulent job postings!

Varo will never ask for payment to process documents, refer you to a third party to process applications or visas, or ask you to pay costs. Never send money to anyone suggesting they can provide work with Varo.  If you suspect you have received a phony offer, please e-mail [email protected] with the pertinent information and contact information.

CCPA Notice at Collection for California Employees and Applicants:

https://www.varomoney.com/privacy-legal/

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