What are the responsibilities and job description for the Magma Math - VP Finance position at Five Elms Capital?
Magma Math - VP Finance
Magma Math - Vice President of Finance New York City - Onsite (full-time) Magma Math is seeking a strategic finance leader for our growing, global organization. As the Head of Finance, you will lead Magma's finance organization, develop and implement financial and operational plans to drive growth, and facilitate data-driven decision making throughout the company. You will also be responsible for all finance and accounting activities including establishing and maintaining relationships with the board of directors, the investor community, external auditors, insurance brokers, and all other external parties. Additionally, you will work closely with executive leadership across all functions and report to the Founders to provide a strategic approach to financial planning, optimizing revenue streams, and supporting the achievement of company objectives. About Magma Magma is a startup that has quickly grown to become the leading platform for data-driven math education. By leveraging handwritten solutions in a digital format, Magma allows teachers to place emphasis on creativity in math, while gaining key insights into student progression. This creates a more engaging, inclusive and pedagogical math class for all students. Math remains the largest challenge for schools, where one in five students in year 9 is a low performer. Math is one of the core pillars on which careers are built, and we believe that school math represents one of the largest opportunities at improving educational outcomes and career prospects for children and young adults. Magma is now growing rapidly across Europe and the US. We are an ambitious team on a meaningful mission of improving math education for millions of children. Professional Qualifications Expertise and proven leadership skills gained through a track record of operational and financial excellence in software or SaaS technology companies. Strong prior operational finance experience, preferably within both a start-up and at scale. Prior hands-on responsibility and accountability for the Legal, IT, G&A functions is highly desirable. Demonstrated track record of structuring and implementing processes and controls in the finance functions to ensure highly-reliable, predictable outcomes. Strategic focus and ability to evaluate and enhance the current business model and metrics that measure the company’s performance. Should lead with a deep experience in FP&A versus solely accounting. Experience raising and structuring deals across multiple forms of capital including, but not limited to, debt and equity. Experience with cross-border transactions as well as setting up international company locations. Team player with proven experience hiring, mentoring, motivating, and leading high-performance teams. Highly credible within the technology industry. Strong credentials within the capital markets industry, including venture capitalists, analysts, bankers, regulators, accountants, auditors, and other relevant partners. Proven ability to instill confidence with these constituencies. Personal Qualifications Excellent cross-functional collaborator who wants to build a high performing and fun workplace. Strong leadership presence and professional gravitas to be a business partner to Founders. Highly detailed and responsive individual who knows the business and aligns strategies to drive results. Strong sense of urgency and direct accountability. Strategic thinker who can create and develop the long-term vision and is also a strong personal contributor with a desire to “roll-up their sleeves” and make it happen. Exceptional interpersonal and communications skills with a proven track record of quickly building credibility both internally and externally. Impeccable integrity and ethical standards. High energy, participatory style. Demonstrated team player in a culture of open, honest, and direct communication. Makes a direct contribution to the overall business strategy independent of functional expertise. Outstanding leadership and people management skills with the ability to successfully attract, motivate, and challenge a team of talented and creative people at all levels of the organization. What Magma Offers A dynamic and innovative work environment in the heart of NYC. The opportunity to shape and influence the role based on your experience and ambitions. Competitive salary and benefits, including pension, insurance, and wellness perks. The chance to work in a fast-growing company with a meaningful mission. Amazing colleagues who are passionate about improving education for children and young people worldwide.