Financial Operations Manager

As a Financial Operations Manager at WaitWhat, your primary responsibilities include managing budgets, optimizing financial processes, overseeing vendor relationships, and supporting day-to-day operations. You'll join forces with the CFO and COO on budgeting and financial planning, ensuring clarity in financial reporting and maintaining records for compliance and accuracy.

To qualify for the Financial Operations Manager role at WaitWhat, you should have a minimum of 5 years of relevant experience, ideally within a high-growth startup in the media or live events sector. A Bachelor’s degree in accounting, finance, or a related field is required. Proficiency in budgeting, financial reporting, and vendor management is essential, along with strong project management skills.

The salary range for the Financial Operations Manager position at WaitWhat is between $90,000 - $120,000 per year. This final salary depends on various factors such as experience, skills, geographical location, and market considerations, ensuring that we remain competitive within the industry.

WaitWhat offers a comprehensive benefits package for its Financial Operations Manager, including medical, dental, and vision insurance, as well as disability and life insurance. We also provide wellness benefits, a flexible PTO policy, and an environment committed to equity and diversity in the workplace.

Yes, the Financial Operations Manager position at WaitWhat is fully remote, allowing you to work from anywhere in the United States. Our team collaborates across the country with periodic gatherings in key cities like LA and NYC, fostering a vibrant team culture despite the physical distance.

To manage budgets effectively, I would first establish a clear budgeting framework and engage with stakeholders to set realistic financial goals. Implementing regular reviews of budget performance against actual spending will allow us to identify variances early and address overspend proactively.

In my previous roles, I have developed strong vendor management skills by negotiating contracts to optimize costs while ensuring compliance with service expectations. I believe in building collaborative relationships with vendors, which helps to enhance service delivery and strengthen partnerships.

I ensure accuracy in financial reporting by adopting a meticulous approach to data entry and regularly reconciling reports against actuals. Additionally, I advocate for maintaining thorough documentation and having a peer-review process in place before submitting any reports to leadership.

In a previous position, I analyzed our regular expenses and identified that bundling our vendor services led to considerable savings. I presented my findings and successfully negotiated with vendors, leading to a 15% reduction in costs that we reinvested into growth initiatives.

I am proficient in financial management software like Quickbooks Online, Ramp, and various ERP systems. I have utilized these tools not only for managing budgets and reporting but also to streamline processes that enhance team productivity and financial visibility.

To handle discrepancies in financial records, I would first conduct a thorough investigation by comparing records with transaction documentation. Collaborating with team members and vendors as needed helps uncover discrepancies, allowing for corrective actions to ensure financial integrity.

The most critical skills for a Financial Operations Manager include strong analytical abilities, keen attention to detail, effective communication, and the capacity to manage multiple priorities. Moreover, collaboration and a proactive approach to problem-solving are vital for driving operational success.

I have extensive experience with forecasting and financial planning, where I utilize historical data and market trends to provide accurate projections. By implementing a collaborative approach with key stakeholders, we ensure that targets are achievable and aligned with overall business strategy.

In a fast-paced environment, I prioritize tasks by assessing urgency and impact on overall projects. I create a structured approach using digital task management tools to keep track of deadlines, allowing me to allocate my time effectively while remaining adaptable to changing priorities.

My approach to communication with cross-functional teams involves setting clear expectations and maintaining open lines of communication. I facilitate regular touchpoints to share updates and solicit feedback, ensuring transparent collaboration that aligns our financial operations with broader organizational goals.