Reddit

Director, Technology FP&A

Reddit$245K — $344K *
US-AnywhereRemote in United States
Consumer Technology
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • BA/BS in Engineering, Finance, Economics, or similar quantitative field; MBA or CPA preferred.
  • 13+ years in FP&A with 2+ years in cloud infrastructure support and 5+ years in people management.
  • Experience with AWS or GCP cloud products is essential.
  • Background in investment banking or consulting is required.
  • Strong understanding of financial statements and drivers for margin.

Responsibilities

  • Partner with Engineering leadership to provide financial modeling assistance for business decisions.
  • Bring industry insights to influence business leadership for optimal results.
  • Own financial forecasts and communicate financial targets quarterly and annually.
  • Track and report KPIs for Cloud Hosting agreements, optimizing costs with engineers.
  • Oversee production of complex financial models for business decisions.

Benefits

  • Annual personal and professional development funds.
  • Comprehensive health benefits.
  • Workspace benefits for your home office.
  • 401k matching.
  • Flexible vacation and monthly global wellness days.
Full Job Description
Reddit is seeking a solid, analytical, strategic, creative, knowledgeable, and visionary finance leader to join our Finance team as a Director, Technology FP&A . In this role, you will provide strategic and value-added financial leadership in partnership with our Engineering organization. You will partner with the Engineering teams to drive alignment and resourcing planning decisions, helping to align the needs of the business to the financial plan for the company. This person will be a thought partner, owning and driving the agenda in their area of responsibility, by driving financially responsible opportunities, and improving accuracy of reporting/insights. Additionally, you will be involved in continuing to stand up a financial process for evaluating and tracking Global Technology decisions, including working cross-functionally with other organizations within Reddit to ensure decisions are well-thought through (tax, legal, accounting, audit, etc.). If you are someone who is passionate about growing with a rising business, values efficiency and creative problem-solving using financial/quantitative metrics, and thrives in a fast-paced, open and fast-growing environment, then this is a great role for you! Responsibilities • Support Reddit's Engineering Organization - Partner with Engineering leadership to provide financial modeling assistance for key business decisions including prioritizing resources and investments to get the best ROI. Develop understanding of Engineering related issues and priorities; reconcile those matters with long term forecasts. • Strong Thought Leadership - Bring insights from industry knowledge and your business acumen to show a capability of influencing business leadership to drive results. You will have a passion for improving existing processes and be able to work across teams to achieve results. • Deliver engineering P&Ls - Own financial forecasts, annual operating plan, budget tracking, and long range plan by partnering with various stakeholders. Establishing and communicating information about financial targets on a quarterly and annual basis; identifying and reporting risk and opportunity levels determined for the overall financial plan; providing actionable insights (e.g. productivity analysis, ROI, contractor spend optimization, capex management, etc). • Cloud Reporting - Work closely with our team to track and report our KPIs against our most strategic Cloud Hosting agreements. Continue to optimize costs by working with engineers to balance workloads across our dual cloud environment. Run strategic projects in partnership with program management and engineering leaders to drive efficiencies and accountability for promised returns. • Communications and Presentations - Provides strategic input for business decisions by overseeing the production of complex financial models that incorporate assumptions, expectations, and known risks; preparing presentations and other supporting materials for recommendations. • Talent and Leadership - Develops and implements strategies to attract and maintain a highly skilled and engaged workforce by diagnosing capability gaps; recruiting, selecting, and developing talent Qualifications • BA/BS degree in Engineering, Finance, Economics or similar quantitative discipline (MBA, CPA, not required, but highly preferred) • 13+ years in FP&A experience with 2+ years of experience supporting cloud infrastructure and cloud cost analysis, and 5+ years of people management (role will be actively managing a small but highly productive team) • Must have experience working with AWS or GCP cloud products • Experience working in investment banking or consulting required • Experience working with Engineering a plus • Strong understanding of financial statements including B/S, P&L and drivers for margin. • Experience with owning and leading planning and forecasting, large data sets and sophisticated models, proven proficiency with Excel, PowerPoint presentations and deck creation • Strategic thinker who demonstrates leadership, vision, and insight • Hands-on manager with a strong finance background • Strong work ethic; high sense of urgency; ability to learn and deliver results in tight timeline • Experience partnering with stakeholders across the organization and drive projects forward • Demonstrated ability to meet deadlines while managing multiple projects in a fast-paced environment Benefits: • Annual Personal & Professional development funds • Comprehensive Health benefits • Workspace benefits for your home office • 401k Matching • Family Planning Support • Flexible Vacation (please use them!) & Monthly Global Wellness Days • 4+ months paid Parental Leave • Paid Volunteer time off Pay Transparency: This job posting may span more than one career level. In addition to base salary, this job is eligible to receive equity in the form of restricted stock units, and depending on the position offered, it may also be eligible to receive a commission. Additionally, Reddit offers a wide range of benefits to U.S.-based employees, including medical, dental, and vision insurance, 401(k) program with employer match, generous time off for vacation, and parental leave. To learn more, please visit https://www.redditinc.com/careers/. To provide greater transparency to candidates, we share base salary ranges for all US-based job postings regardless of state. We set standard base pay ranges for all roles based on function, level, and country location, benchmarked against similar stage growth companies. Final offer amounts are determined by multiple factors including, skills, depth of work experience and relevant licenses/credentials, and may vary from the amounts listed below. The base salary range for this position is: $245,800-$344,100 USD In select roles and locations, the interviews will be recorded, transcribed and summarized by artificial intelligence (AI). You will have the opportunity to opt out of recording, transcription and summarization prior to any scheduled interviews. During the interview, we will collect the following categories of personal information: Identifiers, Professional and Employment-Related Information, Sensory Information (audio/video recording), and any other categories of personal information you choose to share with us. We will use this information to evaluate your application for employment or an independent contractor role, as applicable. We will not sell your personal information or disclose it to any third party for their marketing purposes. We will delete any recording of your interview promptly after making a hiring decision. For more information about how we will handle your personal information, including our retention of it, please refer to our Candidate Privacy Policy for Potential Employees and Contractors.

About Reddit

Reddit is an American social news aggregation, web content rating, and discussion website. Registered members submit content to the site such as links, text posts, images, and videos, which are then voted up or down by other members. Posts are organized by subject into user-created boards called "communities" or "subreddits", which cover topics such as news, politics, religion, science, movies, video games, music, books, sports, fitness, cooking, pets, and image-sharing. Submissions with more upvotes appear towards the top of their subreddit and, if they receive enough upvotes, ultimately on the site's front page. Although there are strict rules prohibiting harassment, it still occurs, and Reddit administrators moderate the communities and close or restrict them on occasion. Moderation is also conducted by community-specific moderators, who are not considered Reddit employees. As of September 2021, Reddit ranks as the 19th-most-visited website in the world and 7th most-visited website in the U.S., according to Alexa Internet. About 42–49.3% of its user base comes from the United States, followed by the United Kingdom at 7.9–8.2% and Canada at 5.2–7.8%. Twenty-two percent of U.S. adults aged 18 to 29 years, and 14 percent of U.S. adults aged 30 to 49 years, regularly use Reddit. Reddit was founded by University of Virginia roommates Steve Huffman and Alexis Ohanian, with Aaron Swartz, in 2005. Condé Nast Publications acquired the site in October 2006. In 2011, Reddit became an independent subsidiary of Condé Nast's parent company, Advance Publications. In October 2014, Reddit raised $50 million in a funding round led by Sam Altman and including investors Marc Andreessen, Peter Thiel, Ron Conway, Snoop Dogg, and Jared Leto. Their investment valued the company at $500 million then. In July 2017, Reddit raised $200 million for a $1.8 billion valuation, with Advance Publications remaining the majority stakeholder. In February 2019, a $300 million funding round led by Tencent brought the company's valuation to $3 billion. In August 2021, a $700 million funding round led by Fidelity Investments raised that valuation to over $10 billion.
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