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Director, FP&A

Company Description

Are you ready to trade your job for a journey? Become a FlyMate!

Passion, excitement & global collaboration are all core to what it means to be a FlyMate. At Flywire, we’re on a mission to deliver the world’s most important and complex payments. We use our Flywire Advantage - the combination of our next-gen payments platform, proprietary payment network and vertical specific software, to help our clients get paid, and help their customers pay with ease - no matter where they are in the world.

What more do we need to truly be unstoppable? Perhaps, that is you! 

Who we are: 

Flywire is a global payments enablement and software company, delivering high-stakes, high-value payments across the global education, healthcare, travel and B2B industries.

Today, we’ve digitized payments for more than 4,000+ global clients in more than 140 currencies across 240 countries and territories around the world.  And, we’re just getting started!

With over 1,300+ global FlyMates, representing more than 40 nationalities, and in 12 offices world-wide, we’re looking for FlyMates to join the next stage of our journey as we continue to grow.

Job Description

The Opportunity:

We are looking for a dynamic senior FPA leader to join our team to be part of Flywire’s incredible growth story. This is a highly visible and impactful leadership role, reporting directly to the VP of FP&A, with exposure to the entire executive team and the board of directors. It is an opportunity to lead a critical and growing function, that will shape and influence business strategy, build strong financial rigor to execute on our commitments and build towards long term success. This role will help build and lead the FP&A team having a unique end-to-end influence, impact and visibility across the enterprise.

What we are looking for:

  • Proven leadership with strong business and financial acumen, excellent analytical and strategic planning skills, and the ability to communicate complex financial information in a clear answer concise way

  • Proven successful track record of leading Finance and FP&A functions at senior levels in organizations where Finance has a strong seat at the table.

  • Proven ability to influence at the C level and partnering and collaborating across senior leaders across multiple functional areas

  • Experience in building FPA teams, processes, systems and planning from the ground up

  • Passion for people development and building a strong succession pipeline for the future

  • Ability to be an effective coach and have challenging employee conversations when necessary

  • Superior analytical and problem solving skills, with demonstrated intellectual and analytical rigor.

  • Ability to manage and understand business and operational metrics and KPIs, and establish linkage to financial and strategic outcomes

  • Background in predictive modeling of complex metrics and financials, balancing the science and art of forecasting, and driving actionable results through foresight and insights from forecasting data

  • Demonstrated ability to collaborate and influence successfully within a highly matrixed organization

  • Strong project management skills and demonstrated ability to lead complex cross-functional initiatives across a breadth of stakeholders

  • Collaborative, diplomatic, and flexible, with excellent presentation skills, including strong oral and writing capabilities

Responsibilities:

  • End to end financial planning, budgeting, and analysis efforts.

  • This highly visible role will have significant exposure with CEO, COO, CFO, and executive team.

  • Oversee the creation of long range plan, annual budgets and regular financial forecasts, ensuring they accurately reflect the company's strategic goals

  • Analyze financial data and performance, identifying trends and making recommendations to improve financial performance

  • Responsible for leading full P&L forecasting and analysis across Flywire’s businesses based on a deep understanding of external and internal business trends and our economic financial model. 

  • Prepare regular and ad hoc financial reports for senior management, providing clear insights into the company's financial status and performance.  Lead ad hoc business analysis and support the ongoing management of key initiatives and investments

  • Work closely with other senior leaders to ensure financial strategies align with company goals, and communicate financial information effectively to stakeholders

  • Partner with Investor Relations for quarterly earnings call and key investor conferences

  • Drive improvement in Budget and forecasting processes, in partnership with Regions and Functions

  • Drive the transformation agenda and focus on continuous improvement in efficiency through automation, optimization, process improvement, and applying best-in-class planning and forecast tools and methodologies.

  • Coordinate closely with Controllership and other finance functions to manage the monthly close and conduct monthly & quarterly results analysis of business performance

  • Oversee a high performing team, fostering a positive and productive work environment

  • Drives sound decision-making through effective forecasting, reporting, and analysis of results and business drivers

  • Expert at structuring, managing, and communicating complex analysis, working across functions and with multiple stakeholders

  • Drives an efficient and effective process for developing financial plans and analysis that links to the strategic objectives

Qualifications

We're looking for: 

  • Undergraduate degree in Finance, Accounting or related field is required; MBA and CPA strongly desired

  • 10+ years of finance experience with management experience inclusive of finance leadership roles and finance expertise

  • Outstanding leadership, communication (oral and written) and interpersonal skills. Proven as an experienced, confident and mature manager and business partner

  • Seasoned leader with a track record of leading and developing teams of Finance professionals who have earned and maintained Finance’s “seat at the table” in their respective organizations

Additional Information

What We Offer:

  • Competitive compensation, including Restricted Stock Units 
  • Employee Stock Purchase Plan (ESPP)
  • Flying Start - Our immersive Global Induction Program (Meet our Execs & Global Teams)
  • Work with brilliant people that will keep you on your toes, learn more about their journeys by checking out #InsideFlywire on social media
  • Dynamic & Global Team (we have been collaborating virtually for years!)
  • Wellbeing Programs (Mental Health, Wellness, Yoga/Pilates/HIIT Classes) with Global FlyMates 
  • Be a meaningful part in our success - every FlyMate makes an impact
  • Competitive time off including FlyBetter Days to volunteer in a cause you believe in and Digital Disconnect Days!
  • Great Talent & Development Programs (Managers Taking Flight – for new or aspiring managers!)

Submit today and get started!

We are excited to get to know you! Throughout our process you can expect to meet with different FlyMates including the Hiring Manager, Peers on the team, the VP of the department, and a skills assessment. Your Talent Acquisition Partner will walk you through the steps and be your “go-to” person for any questions.

Flywire is an equal opportunity employer. With over 40 nationalities across 12 different offices diversity, gender equality, and inclusion are at the core of our people agenda. We believe our FlyMates are our greatest asset, and we’re excited to watch our unique culture evolve with each new hire.

#LI-Hybrid

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CEO of Flywire
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Mike Massaro
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Average salary estimate

$175000 / YEARLY (est.)
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$150000K
$200000K

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What You Should Know About Director, FP&A, Flywire

Are you ready to embark on an exciting journey as the Director of FP&A at Flywire in Boston, MA? This pivotal role places you at the helm of our financial planning and analysis function, giving you the chance to influence executive decisions and shape our company’s strategy. At Flywire, we are passionate about transforming the global payments landscape, and we are seeking a dynamic leader who thrives in a high-impact environment. In this position, you'll collaborate closely with our executive team, including the CEO and CFO, to develop comprehensive financial forecasts, manage budgets, and drive continuous improvement initiatives. Your strong financial acumen and analytical skills will be vital in guiding our long-term success, while your ability to communicate complex financial information will help foster a culture of transparency and informed decision-making. Leading a talented FP&A team, you'll have the opportunity to not only build robust financial processes but also coach and develop future financial leaders within our organization. If you're ready to take your career to new heights and make a meaningful impact within a collaborative, dynamic team, then we can’t wait to meet you and explore how you can be part of our journey as a FlyMate!

Frequently Asked Questions (FAQs) for Director, FP&A Role at Flywire
What are the key responsibilities of the Director, FP&A at Flywire?

The Director, FP&A at Flywire will oversee end-to-end financial planning, budgeting, and analysis efforts, working closely with the executive team. This role includes managing long-range planning, providing insightful financial forecasts, and analyzing performance to inform strategic business decisions. The Director will also lead the creation of financial reports, collaborate with various departments to align financial strategies, and implement process improvements.

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What qualifications are required for the Director, FP&A position at Flywire?

For the Director, FP&A role at Flywire, candidates should possess an undergraduate degree in Finance or Accounting, with an MBA and CPA being strongly desired. Additionally, a minimum of 10 years of finance experience, including senior leadership roles, is required. Exceptional leadership, communication, and analytical skills are essential for success in this position, alongside a proven ability to influence cross-functional teams.

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How does the Director, FP&A influence financial strategy at Flywire?

The Director, FP&A at Flywire plays a critical role in shaping the company's financial strategy by providing in-depth analysis and insights. By monitoring business and operational metrics, the Director can link these to strategic outcomes, guiding the executive team on key financial decisions and helping to align the financial strategies with the company’s overall goals. This position also promotes financial rigor throughout the organization.

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What is the team dynamic for the FP&A team at Flywire?

The FP&A team at Flywire is a high-performing group that fosters a collaborative and supportive work environment. As the Director, you will lead this team, focusing on employee development and succession planning. The team values transparency, empowerment, and continuous improvement, providing a space for team members to share ideas and drive financial excellence.

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What opportunities for growth does the Director, FP&A have at Flywire?

As the Director, FP&A at Flywire, there are numerous opportunities for professional growth. The role provides significant exposure to senior leadership and the board, allowing you to develop strategic partnerships across various functions. Furthermore, you will have the chance to lead projects that drive continuous improvement and efficiency in the organization, positioning you as a key contributor to Flywire’s long-term success.

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Common Interview Questions for Director, FP&A
Can you describe your approach to financial forecasting and analysis as a Director, FP&A?

When discussing your approach to financial forecasting and analysis, focus on your ability to leverage historical data and market trends to develop accurate forecasts. Highlight the importance of collaboration with cross-functional teams to gather insights while emphasizing your use of quantitative analysis methods to support actionable recommendations.

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How do you create alignment between financial strategies and company goals in your role as Director, FP&A?

To create alignment, I prioritize clear communication with senior leaders about financial objectives and ensure that our financial strategies are rooted in the company’s overall vision. I conduct regular reviews of our financial performance against goals and adjust strategies accordingly to keep everyone aligned.

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What experience do you have in leading and developing FP&A teams?

I have extensive experience in building and leading FP&A teams. I emphasize mentorship and continuous learning, ensuring team members are equipped with the necessary skills. Discuss specific instances where you fostered professional growth and created a high-performing team atmosphere.

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Describe a time when you influenced a significant business decision at the executive level.

Share a specific example where your financial analysis led to pivotal decision-making. Detail the data and insights you presented, the stakeholders involved, and the resulting impact on the company. This demonstrates your capacity to communicate effectively at the executive level.

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How do you manage competing priorities and deadlines in your work?

I use a structured approach to prioritize tasks based on their impact and urgency. I implement project management tools and collaborative strategies to ensure that all deadlines are met while maintaining high-quality output. Example of using such methods successfully will reinforce this answer.

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What tools or software do you find most effective for financial analysis?

Discuss particular financial analysis tools or software you have utilized, explaining how they enhance analysis accuracy and efficiency. Relate these tools back to Flywire’s financial needs, indicating your familiarity with industry-standard systems.

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Explain the importance of budgeting and forecasting in financial planning.

Budgeting and forecasting are critical for setting financial targets and providing direction for resources. They facilitate proactive management of financial performance and allow organizations to anticipate challenges. Describe how you integrate these processes to support strategic planning.

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How do you ensure compliance and regulatory requirements are met in your financial plans?

I prioritize staying updated on regulatory changes and involve my team in compliance training. By integrating controls within our financial planning processes, I ensure all our reports and forecasts meet current compliance standards, mitigating risk for the organization.

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What strategies do you implement to drive efficiency in financial planning processes?

To drive efficiency, I focus on automating repetitive tasks, refining existing processes, and utilizing best-in-class forecasting tools. Share examples of how you implemented these strategies successfully in previous roles, noting the outcomes.

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How would you approach developing a long-range financial plan for Flywire?

In developing a long-range financial plan, I begin with a thorough assessment of our strategic goals and external market conditions. I gather input from various departments and analyze historical data to create realistic projections. Discuss your methods for ensuring stakeholder buy-in during this process.

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Flywire ensures organizations deliver on their customers’ most important moments.

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BENEFITS & PERKS
Dental Insurance
Disability Insurance
Vision Insurance
Performance Bonus
Paid Holidays
FUNDING
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
December 8, 2024

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