Head of Finance

Posted:
11/7/2024, 11:26:39 AM

Experience Level(s):
Senior

Field(s):
Finance & Banking

Workplace Type:
Remote

Alt is on a mission to revolutionize investing by unlocking the value of alternative assets (collectibles first), a $60B+ market. Currently, we’re focusing on establishing ourselves as the dominant marketplace for trading cards, a $5B market, before taking on additional asset classes. Our platform enables users to exchange, invest, value, securely store, and authenticate their trading cards. And we envision a world where anything is an investable asset. 

To date, we’ve raised over $100 million from thought leaders at the intersection of culture, community, and capital. Some of our investors include Alexis Ohanian’s fund Seven Seven Six, the founders of Stripe, Coinbase co-founder Fred Ehrsam, BlackRock co-founder Sue Wagner, the co-founders of AngelList, First Round Capital, and BoxGroup. We’re also backed by professional athletes including Tom Brady, Candace Parker, Giannis Antetokounmpo, Alex Morgan, Kevin Durant, and Marlon Humphrey.

Alt is a dedicated equal opportunity employer committed to creating a diverse workforce. We celebrate our differences and strive to create an inclusive environment for all. We are focused on fostering a culture of empowerment which starts with providing our employees with the resources needed to reach their full potential.

What We Are Looking For

We are seeking an experienced and strategic Head of Finance to lead and enhance our financial operations. This role will be responsible for driving accuracy, efficiency, and alignment in Alt’s financial reporting, budgeting, and compliance efforts. The ideal candidate is a strategic thinker with robust financial acumen, hands-on experience with audits and reporting, and a passion for operational excellence. This position reports directly to the CEO and will play a critical role in supporting Alt’s growth and strategic vision.

The Head of Finance will also directly oversee our Head of People and Head of Lending, ensuring seamless integration of financial, lending, and people operations across the company.

The impact you will make:

  • Financial Reporting & Month-End Close
    Oversee month-end close processes to ensure timely and accurate financial reporting. Update and review financial models and presentations that assess monthly, quarterly, and annual financial performance. Ensure revenue and expenses are accounted for accurately.
  • Audit & Compliance
    Lead the annual audit, coordinating with external auditors to validate data accuracy. Maintain compliance with corporate tax requirements, collaborating with external advisors on tax-related matters.
  • Budgeting & Forecasting
    Drive the development of monthly, quarterly, and annual budgets and forecasts. Collaborate with cross-functional teams to establish and adjust financial projections in line with company goals.
  • Cash Flow & Risk Management
    Conduct bi-weekly cash flow analysis to assess runway and manage financial risks, particularly in handling cash movement related to our marketplace. Partner with banking institutions to optimize cash management.
  • Quarterly Bonus Administration
    Oversee quarterly bonus plans, ensuring timely and accurate calculations, approvals, and payouts.
  • Investor Relations
    Manage financial communications and quarterly updates for investors. Participate in Board meetings to provide key financial insights, supporting Alt’s strategic objectives.
  • Team Collaboration & Leadership
    Lead the Finance, Lending, and People team, fostering a high-performance culture and encouraging growth. Partner with department heads to streamline cross-functional collaboration and drive efficient decision-making.

Key Outcomes for the First 90 Days

  • Gain full proficiency with Alt’s financial tools and reporting systems.
  • Ensure a seamless transition of key financial workflows, including month-end close and audit preparations.
  • Establish a bi-weekly cash report cadence to improve visibility on runway and cash flow.
  • Build strong working relationships with cross-functional leaders to optimize cross-functional initiatives and implement operational improvements.

What you bring to the table:

  • Experience: 7+ years of experience in finance leadership roles, ideally with a background in investment banking or marketplace-driven businesses.
  • Leadership & Strategy: Proven experience in finance leadership roles, with the ability to drive strategic initiatives that align with company goals.
  • Operational Expertise: In-depth knowledge of financial reporting, audits, budgeting, and forecasting, with experience in managing cross-functional financial processes.
  • Technical Aptitude: Proficiency with financial software (e.g., QuickBooks, Ramp) and advanced financial modeling capabilities.
  • Communication & Collaboration: Strong interpersonal skills with a track record of unifying teams and working collaboratively to address complex financial challenges.
  • Adaptability: Ability to operate effectively in a fast-paced startup environment, balancing strategic oversight with a hands-on approach.
  • Industry Knowledge: Knowledge of the sports/trading card industry is a plus.

What you will get from us:

  • Ground floor opportunity as an early member of the Alt team; you’ll directly shape the direction of our company. The opportunities for growth are truly limitless.
  • An inclusive company culture that is being built intentionally to foster an environment that supports and engages talent in their current and future endeavors.
  • $100/month work-from-home stipend
  • $200/month wellness stipend
  • WeWork office Stipend
  • 401(k) retirement benefits
  • Flexible vacation policy
  • Generous paid parental leave
  • Competitive healthcare benefits, including HSA, for you and your dependent(s)

Alt's compensation package includes a competitive base salary benchmarked against real-time market data, as well as equity for all full-time roles. We want all full-time employees to be invested in Alt and to be able to take advantage of that investment, so our equity grants include a 10-year exercise window. Offers may vary from the amount listed based on geography, candidate experience and expertise, and other factors.