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Financial Operations Lead

Conduit – The Onchain Compute Company

At Conduit, we're building the rollup-native cloud platform that will scale Ethereum.

Crypto builders have been held back by a lack of onchain compute — without the ability to process a high volume of transactions quickly and cheaply, onchain apps and ecosystems can’t build high quality user experiences.

Rollups have emerged as the answer to this problem. Just as servers work together to scale compute in web2, so too can rollups scale onchain compute in web3. But building and operating your own rollup is difficult and time-consuming. That's where Conduit comes in.

As the rollup-native cloud platform, Conduit combines web2 engineering best-practices with web3 rollup technology to make it easy for anyone to launch and maintain their own chain. By making infrastructure simple and onchain compute abundant, similar to how AWS and GCP did for web2, we can unlock the next wave of innovation in the crypto ecosystem.

The Conduit platform has seen massive growth since going live in 2023. We run the largest chains in production, including Proof of Play, Zora, Aevo, and more. This translates to 200+ chains across mainnet and testnet and over $1B in total-value-locked (TVL). We're operating on the bleeding edge of crypto, co-evolving with our customers and integration partners, and pushing the limits of blockchain scalability and modularity.

This success has been recognized and accelerated through a $37M Series A, co-led by Paradigm and Haun Ventures — two of the best investors in the industry.

We’re an elite team that’s previously worked at Meta, Brex, Wish, Compound, Chainalysis, Immunefi, Amazon, Avara/Aave, Paradigm, and more. We’re headquartered in San Francisco, with team members all over the world.

We’re looking for ambitious, talented builders that want to help scale Ethereum and bring crypto compute to the masses. Join us!

About the Role

As our first Finance Operations (FinOps) Lead, you’ll play a critical role in shaping the financial backbone of Conduit. You’ll build scalable systems for tracking revenue, manage collections and revenue recognition processes, and lead cross-functional projects like transitioning to consumption-based pricing. This is a hands-on role that blends operational expertise with strategic thinking, directly impacting our growth trajectory. This is a contract to hire position. For the first six months this is a Part-Time contract position. Hours are negotiable, but to start there is a maximum 20 hours a week.

Responsibilities:

  • Revenue Tracking & Transparency: Design and implement scalable systems to track revenue from multiple sources (e.g., Stripe, manual collections). Integrate data with the CRM for accurate forecasting and account prioritization.

  • Revenue Recognition & Collections: Own the process for revenue recognition and collections, reducing leakage from failed payments or subscription churn. Implement automated systems to prevent revenue loss and ensure timely collections.

  • Pricing Strategy: Longer term, lead the transition to consumption-based pricing, collaborating with Product, Sales, and Engineering. Create pricing models that align with infrastructure costs and give us a competitive edge.

  • Operational Excellence: Establish and refine financial processes that support scaling operations efficiently and sustainably. Lay the foundation for us to become SOC2 compliant in the future.

Qualifications:

  • Extensive experience running finance operations, accounting, or revenue operations, ideally in SaaS or infrastructure companies.

  • Experience operating in an early stage startup environment.

  • Expertise with tools like Stripe, CRMs, and traditional financial reporting applications.

  • Proven track record in managing revenue recognition and collections processes.

  • Familiarity with consumption-based pricing models and cross-functional project management.

Bonus points for:

  • Being familiar with Web3 and its associated revenue models

Conduit does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law.

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CEO of Conduit
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Ronen Shilo
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Average salary estimate

$85000 / YEARLY (est.)
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$70000K
$100000K

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What You Should Know About Financial Operations Lead, Conduit

At Conduit, the innovative Onchain Compute Company, we're on a mission to revolutionize Ethereum scalability, and we're looking for a Financial Operations Lead to join our talented team. In this exciting role, you'll have the opportunity to build robust financial systems that track revenue from various sources, ensuring transparency and efficiency in our operations. As our pioneer FinOps Lead, you'll manage collections and streamline revenue recognition processes, helping us minimize payment failures and subscription churn. You'll also take charge of leading cross-functional projects such as our shift to consumption-based pricing, working closely with our Product, Sales, and Engineering teams. This role combines hands-on operational skills with strategic thinking, making a direct impact on our growth trajectory as we scale. If you're experienced in finance operations within the SaaS sector and have a passion for innovative technology, particularly in the crypto space, then Conduit might just be the perfect place for you. The position is initially a Part-Time contract role, allowing you to balance flexibility while diving deep into our operational backbone. Join us and contribute to the next wave of blockchain innovation!

Frequently Asked Questions (FAQs) for Financial Operations Lead Role at Conduit
What are the responsibilities of the Financial Operations Lead at Conduit?

The Financial Operations Lead at Conduit will be responsible for designing scalable systems to track revenue, managing collections, implementing revenue recognition processes, and leading strategic projects like transitioning to consumption-based pricing. This role is crucial for ensuring financial transparency and operational excellence as we continue to grow.

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What qualifications are needed for the Financial Operations Lead position at Conduit?

To qualify for the Financial Operations Lead position at Conduit, candidates should have extensive experience in finance operations, particularly within SaaS or infrastructure companies. Additionally, familiarity with tools like Stripe and CRMs, along with a proven track record in managing revenue recognition and collections processes, is essential. Experience in early-stage startups and knowledge around consumption-based pricing models would be advantageous.

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What kind of projects will the Financial Operations Lead work on at Conduit?

The Financial Operations Lead at Conduit will engage in various critical projects, including building scalable financial systems for revenue tracking and leading the transition to consumption-based pricing. Collaborating with Product, Sales, and Engineering teams will be essential to develop pricing models and streamline operational processes.

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Is the Financial Operations Lead role at Conduit remote?

While the Financial Operations Lead role at Conduit is based in San Francisco, we embrace a distributed team culture with members located around the globe. This allows for flexible work arrangements, enabling talented individuals from various locations to contribute effectively.

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What impact will the Financial Operations Lead have on Conduit's growth?

The Financial Operations Lead will significantly impact Conduit's growth trajectory by enhancing financial transparency, reducing payment leakage, and implementing automated systems. By establishing solid financial processes and leading initiatives toward pricing strategy, the FinOps Lead will play a pivotal role in our continued success and scalability.

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Common Interview Questions for Financial Operations Lead
Can you explain your experience with revenue recognition processes?

To effectively answer this question, highlight your specific experiences managing revenue recognition in previous roles, emphasizing how you reduced errors and improved efficiency. Discuss any tools or systems you've implemented that led to successful outcomes, as this shows your ability to manage critical financial functions.

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How do you prioritize tasks when managing multiple projects?

Discuss your prioritization framework by mentioning how you assess project impact, deadlines, and resources. It's important to share specific strategies you’ve used, such as establishing timelines, using project management tools, or collaborating with stakeholders to ensure project alignment.

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What strategies do you use to minimize failed payments or subscription churn?

In your response, outline successful strategies you’ve implemented in past roles to reduce churn. This could include automated payment retries, tailored customer communication, or analyzing user data to identify at-risk subscriptions. Sharing measurable results can strengthen your answer.

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Can you detail your experience with pricing strategies, particularly consumption-based pricing?

Share your direct experience with pricing strategies, including any specific consumption-based models you've worked on. Discuss how you collaborated with cross-functional teams to create competitive pricing structures and the positive impact of those strategies on revenue growth.

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What tools have you used to manage finance operations, and how proficient are you with them?

List the financial tools you have experience with, such as Stripe or CRM systems, and rate your proficiency with each. Specific examples of how you've effectively used these tools for financial reporting or operational improvements will illustrate your capabilities.

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How do you ensure compliance with financial regulations?

To answer this, talk about your approach to staying updated on financial regulations relevant to your role. Note any compliance measures you've implemented in previous roles and how those measures contributed to the organization’s integrity and reliability.

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What are your thoughts on the importance of financial transparency in an organization?

Discuss why financial transparency is crucial, particularly in startup environments. Consider mentioning how it builds trust among stakeholders, enables informed decision-making, and enhances organizational efficiency, making sure to tie back to how you would promote transparency in your role.

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Describe a time when you identified a gap in financial processes and how you addressed it.

Share a specific example that showcases your problem-solving skills. Explain what the gap was, how you recognized it, and the innovative solutions you proposed or implemented to resolve the issue, highlighting the overall impact on the organization.

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What metrics do you think are most important to track in finance operations?

Explain which metrics you consider key for financial performance, such as revenue growth rate, customer acquisition cost, and churn rate. Discuss why these metrics matter and how you have used them in the past to drive operational improvements.

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Why are you interested in working at Conduit as a Financial Operations Lead?

This is an opportunity to express your passion for the fintech and blockchain space. Talk about Conduit's mission, the unique role of the FinOps Lead, and how your values align with the company’s goals. This helps establish your interest and dedication to the role.

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Part-time, hybrid
DATE POSTED
January 7, 2025

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