We seek an executive with a unique blend of financial modelling, strategic thinking, and business experience to join our team as Head of Financial Forecasting. In this role, you will be responsible for owning, developing, and enhancing our existing financial models to reflect our product offerings' growing diversity and complexity. This is an exciting opportunity that leverages your financial modelling and corporate finance expertise, provides exposure to various digital financial products, and empowers you to drive the profitability and economics of these products.
Roles and Responsibilities
The ideal candidate will be responsible for the following:
A) Ownership and Development of Complex Models
- Take ownership of the most complex models used by FairMoney Finance to inform and guide the business. Develop and improve models related to loan disbursal and gross loan book evolution, including forecasting loan disbursals, and estimating the evolution of repayment and gross loan balances.
- Create a pricing and profitability (NPV) model for our loan products, considering unit economics and metrics such as customer conversion, cohort retention/attrition, etc.
- Develop a digital banking and cards forecast model, as well as a general business forecast model.
B) Corporate Finance Support:
- Provide support for equity fundraising and debt fundraising initiatives, utilizing the forecast models mentioned above.
- Conduct returns analysis for a new product or feature launch, including pricing analysis and advice on structuring products for sustainable economics.
C) Corporate Affairs and Investor Engagement: Utilize analytics to support investor engagement activities and corporate affairs.
D) Budgeting and Forecasting :
- Own the preparation of the annual budget and present it to senior management for approval.
- Produce in-month forecasts to assist management in making timeous changes to ensure monthly / quarterly targets are met.
- Track and analyse variances between actuals and forecasts across products and entities.
Requirements
- Bachelor’s degree in Finance, Science, or Engineering.
- Proficient in a coding language, ideally MATLAB, Python, R or SAS or similar.
- Strong SQL skills.
- Advanced Excel modeling skills.
- Solid understanding of PowerPoint for creating impactful presentations.
- In-depth knowledge of banking and financial services, including business models and unit economics.
- Strong analytical and problem-solving abilities, with a keen eye for detail.
- Critical thinking skills, with the ability to evaluate complex situations and make informed decisions.
- Excellent communication and interpersonal skills.
- A team player with a collaborative mindset and a strong desire to learn.
- At least 6 years of relevant experience, with a strong focus on financial modelling.
- In-depth knowledge and understanding of various loan products.
- Strong strategic thinking and business acumen.
Benefits
- Paid Time Off (25 days Vacation, Sick & Public Holidays) to all B2B contractors and employment staff.
- Training & Development budget
- Paid company business trips (not mandatory)
- Fully Remote, Work from Anywhere (timezone must have partial overlap with CET)
Recruitment Process
- A screening interview with one of the Talent Acquisition team members for 30 minutes.
- Technical Interview with the member of the Finance team for 45-60 minutes
- Hiring Manager Interview for 45-60 minutes
