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Finance Manager

First Street Foundation

First Street Foundation

Accounting & Finance
New York, NY, USA
Posted on Saturday, April 27, 2024

Company & Mission Overview:

First Street is a research and technology company working to connect climate change to financial risk. First Street uses transparent, peer-reviewed methodologies to calculate the past, present, and future climate risk for every property in the United States. The data we create is made available in bulk format, API and through our Risk Factor product (riskfactor.com) for citizens, industry, and government.

Our data quantifies the impact of a warming planet at a property level, empowering governments to make smart regulation, businesses to avoid bad investments, and everyday Americans to protect their most valuable investment. We started over seven years ago by working with the world’s leading climate scientists to create groundbreaking, climate-adjusted models and haven’t stopped.

Our data and tools are relied on every day by:

  • Government agencies ranging from the U.S. Department of Treasury to Fannie Mae
  • Financial institutions like Bank of America and Wells Fargo
  • States like South Carolina and Illinois
  • Millions of daily users on Redfin, Realtor.com, Allstate, and more.

And we’re just getting started. We believe that our work needs to match the pace and scope of the climate problem so we are investing tens of millions of dollars into our science, data, people, and products in order to increase our velocity and impact.

Come join us and use your talents to create solutions to address the problem.

Team & Role Overview:

The Finance Manager is responsible for overseeing and managing all aspects of First Street’s finance health by managing financial modeling, reporting, budgeting, and forecasting processes. The successful candidate will provide strategic guidance to senior management regarding financial decisions and ensure compliance with regulations and internal policies.

What you’ll do:

  • Budgeting and Forecasting:
  • Collaborate with department heads to develop and manage the annual budget.
  • Monitor budget vs. actual performance and provide variance analysis.
  • Work closely with leadership to create financial forecasts and models to guide strategic decision-making.
  • Cash Management:
  • Oversee daily cash flow and liquidity management.
  • Implement strategies to optimize working capital and maintain strong cash reserves.
  • Coordinate with banks and financial institutions to manage corporate accounts effectively.
  • Compliance and Risk Management:
  • Ensure compliance with accounting standards, regulations, and tax requirements.
  • Develop and maintain internal controls to safeguard company assets.
  • Collaborate with external auditors for annual audits and reviews.
  • Enterprise Resource Planning system
  • Oversee the implementation and maintenance of an effective ERP system.
  • Streamline financial processes and ensure data accuracy and integrity.
  • Financial Reporting and Analysis:
  • Prepare timely and accurate financial statements, including income statements, balance sheets, and cash flow statements.
  • Conduct in-depth financial analysis to provide insights into the company's financial performance, trends, and potential areas for improvement.
  • Present financial reports to senior management, investors, board of directors and other stakeholders.
  • Investor Relations:
  • Assist in the preparation of materials for fundraising activities, including pitch decks and financial projections.

What you’ll need:

  • Bachelor's degree in Accounting, Finance, or a related field; CPA or CMA designation preferred.
  • Proven experience (3-5+ years) in accounting, finance, or venture roles, with a focus on startups or venture-backed companies.
  • Strong understanding of Generally Accepted Accounting Principles (GAAP) and financial reporting.
  • Excellent analytical and problem-solving skills.
  • Advanced proficiency in accounting software, financial modeling and Microsoft Excel.
  • Effective communication and presentation skills.
  • Ability to thrive in a fast-paced, dynamic environment.

What will make you stand out:

  • A strong passion for climate change.
  • Excitement for supporting an early stage startup and getting your hands dirty

How we work:

  • Passion: We are driven by our shared goal to fight climate change
  • Inclusion: We believe the best decisions consider many points of view
  • Impact: We only focus on things that move the needle
  • Urgency: We move quickly because the world depends on it
  • Integrity: We use open science and operate transparently
  • Positivity: We are optimistic and enthusiastic in all that we do

What we offer:

  • Competitive salary ranges commensurate with experience
  • Ownership interest in the company via Employee Stock Option Plan
  • Hybrid Schedule with in-office work days on Monday, Wednesday and Thursday
  • Working time is flexible; core hours are 10:00am – 4:00pm
  • 15 vacation days along with 13 company holidays and 10 sick days
  • Health benefits covered at 100% for employee or a significant contribution for family plans
  • Vision and dental benefits with partial employee contribution
  • 12 weeks of paid parental leave
  • Access to One Medical, Teledoc, HealthAdvocate, Kindbody, and Talkspace
  • Company 401k program
  • Commuter benefits
  • Tech startup environment
  • Weekly team meals and an office stocked with coffee and snacks
  • Working on the world’s biggest issue with other passionate professionals

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.