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Finance and Business Operations, Manager

Doing business today requires trusting a rapidly expanding set of identities to access, use, and share privileged data in the cloud. This distributed web of data, relationships, and access points is difficult to track, let alone secure. To limit the risk of breach and blast radius, large organizations need to manage who has access to what, what they can do with that access, and when they can take action. That's where Opal Security comes in — our identity security platform enables scalable and efficient implementation of least-privilege access. Customers like Figma, ScaleAI, and Databricks say it is the best tool to administer a least privileged access model across all of their data - SaaS, Cloud and on-prem.

As our Finance and Business Operations leader, you'll act as a player coach, managing a small team of 1 FTE and multiple external consultants and vendors, to manage and oversee our book-keeping, accounting, financial planning and analysis, and strategic finance. You’ll work closely with our go-to-market team, especially our Sales and Marketing leaders, to oversee and evolve our operating model and sales targets, GTM dashboards, and investor reporting. This role will require deep ongoing collaboration with our CEO and broader Leadership team. This is a great opportunity for a high-ownership finance practitioner who is excited to have a broad ownership area, set priorities within that ownership, and drive execution within their team and cross-functional partners. 

In this role, you’ll be joining an experienced team with direct experience building through massive growth at companies like Abnormal, Meta, CashApp, and Amplitude. On the back of this experience and our success to date, we’ve raised over $32M from leading investors including Greylock and Battery Ventures. Join us as we build the next-generation identity security platform!

Your responsibilities

Finance

  • Lead Finance and deliver high impact initiatives to accelerate the growth of Opal.

  • Oversee FP&A. 

  • Build and track spend against departmental budgets.

  • Own accounting, AP/AR, and financial reporting.

  • Review vendors and build processes for finance.

Business Operations

  • Own and manage Opal’s business analytics, ensure that KPIs are accurately tracked, and help Opal approach all strategic decisions with data. 

  • Own investor reporting workstreams, ensuring proper data distribution and timely reporting.

  • Establish variable compensation plans and manage pay-out.

  • Support functional leaders on special projects to ensure good business decisions and smooth-running operations.

  • Provide structure, analytical support, and accountability on strategic objectives across the company.

  • Manage our core business systems. 

Leadership

  • Manage the development and growth of 1 full-time Finance & Operations team member.

  • Manage and oversee our broader suite of external consultants and vendors.

Our ideal candidate

  • Start-up experience: you know what good looks like in young and rapidly scaling organizations. Beyond that, you embrace the ambiguity and pace of change that comes with being at a Series B venture-backed company. 

  • 4-10 years experience in Finance, Business Operations, or a mix thereof, with at least 1 year of experience managing people (full time employees, contractors, or consultants). Some experience in consulting is a plus, but not required. 

  • You love your discipline: finance, accounting, operations, data, and “making things work”.

  • Leadership skills: Thinking strategically, communicating persuasively, acting ethically, and the will to win.

Benefits & Perks

  • Competitive Salary

  • Daily lunch & coffee allowance 

  • Unlimited PTO + 11 company holidays

  • Health, Dental, Vision insurance

  • One Medical Membership

  • 401k plan (no matching at this time)

  • Pre-Tax Commuter Benefits

This is a hybrid role based in New York City

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What You Should Know About Finance and Business Operations, Manager, Opal Security

At Opal Security, we're reshaping the way organizations protect their critical data, and we're on the lookout for a Finance and Business Operations Manager in the vibrant New York City area to join our dynamic team. In this exciting role, you'll play a key part as a player coach, overseeing bookkeeping, accounting, and financial strategy while managing a small yet impactful team. You’ll collaborate closely with our go-to-market crew, which includes Sales and Marketing leaders, to enhance our operating model, sales targets, and investor reporting. Your expertise will help us navigate through our ambitious growth journey, partnering directly with our CEO and leadership team. If you’re someone who thrives on ownership and is passionate about setting priorities, then this position is tailor-made for you! We're grateful for the outstanding contributions from our experienced team, who have previously built successful trajectories at renowned companies like Meta and CashApp. As a part of this stellar group, you’ll have the chance to significantly impact our pathway toward becoming the next-generation identity security platform used by industry pioneers such as Figma and ScaleAI. If you’re eager to roll up your sleeves and dive into finance and operations at a fast-paced Series B environment, we’d love to see you at Opal Security. Let’s create something incredible together!

Frequently Asked Questions (FAQs) for Finance and Business Operations, Manager Role at Opal Security
What are the key responsibilities of the Finance and Business Operations Manager at Opal Security?

The Finance and Business Operations Manager at Opal Security will oversee critical aspects like financial planning and analysis (FP&A), accounting, budget tracking, and vendor management. This role also entails managing a small team while working closely with the CEO and leadership team to drive operational efficiency.

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What qualifications are required for the Finance and Business Operations Manager position at Opal Security?

To excel as the Finance and Business Operations Manager at Opal Security, candidates should possess 4-10 years of experience in Finance, Business Operations, or a mix thereof, with at least one year of management experience. Familiarity with startup environments will be an advantage.

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What benefits can one expect from the Finance and Business Operations Manager role at Opal Security?

Opal Security offers a competitive salary, unlimited PTO, daily lunch and coffee allowance, health benefits, and a 401k plan. Additionally, employees enjoy flexibility through a hybrid work schedule in the heart of New York City.

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How does the Finance and Business Operations Manager contribute to company strategy at Opal Security?

The Finance and Business Operations Manager plays a pivotal role in shaping company strategy by providing data-driven insights, managing operational analytics, and ensuring KPIs are tracked effectively to support informed decision-making across the organization.

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What leadership qualities are sought in the Finance and Business Operations Manager at Opal Security?

Opal Security is looking for a finance and operations leader who can think strategically, communicate effectively, act ethically, and possess a strong will to achieve results. This individual should be enthusiastic about their discipline and passionate about driving growth in an innovative environment.

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Common Interview Questions for Finance and Business Operations, Manager
What strategies would you implement to manage budgeting and financial planning as a Finance and Business Operations Manager?

When addressing budgeting and financial planning, I'd emphasize a structured approach that entails collaborative discussions with department heads to understand their anticipated expenses while utilizing historical data to forecast future needs precisely. Additionally, I'd implement regular reviews to adjust and optimize our budget throughout the fiscal year.

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Can you describe a time you led a finance-related initiative that had a significant impact?

In my previous role, I spearheaded an initiative to automate our AP/AR processes. This included working closely with tech teams to integrate software solutions that streamlined our invoicing and payment systems, resulting in a 30% reduction in processing time and heightened accuracy in financial reporting.

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How do you prioritize multiple projects and deadlines in a fast-paced environment?

I use a combination of prioritization techniques and systems like the Eisenhower Matrix. By categorizing tasks as urgent or important, I can focus on high-impact projects while ensuring that my team has clear timelines and expectations to keep everything on track.

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What role does communication play in finance and business operations, and how do you ensure it's effective?

Communication is fundamental in finance and operations. I ensure that there’s transparency in reporting budgets and financial outcomes by sharing regular updates tailored to each stakeholder's needs, which fosters trust and aligns our objectives across teams.

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How would you handle a discrepancy in financial reporting?

Addressing a discrepancy begins with investigation to understand the root cause. I would cross-reference records, engage with relevant team members, and analyze transaction details to clarify the issue. Once identified, I'd implement measures to prevent future discrepancies through improved systems or controls.

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What experience do you have with business analytics and KPIs?

I have extensive experience in leveraging business analytics tools to track KPIs effectively. In my prior role, I developed dashboards that provided real-time insights into financial and operational performance, empowering teams to make data-driven decisions.

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Describe your approach to managing a team of finance professionals.

I believe in fostering a collaborative environment where team members feel empowered to contribute. I set clear expectations while providing ongoing support and feedback to help them grow professionally. Mentorship is also a key component, as I ensure everyone has opportunities for development.

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How do you ensure compliance with financial regulations and standards?

To ensure compliance, I stay updated on changing regulations and standards by participating in training and industry conferences. I also implement structured review processes and maintain accurate documentation to audit our practices periodically.

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What is your experience with vendor negotiation and management?

I have successfully managed vendor relationships by establishing clear expectations upfront regarding deliverables and payment terms. My approach to negotiation involves analyzing market trends and being prepared to discuss alternatives that could benefit both parties.

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What are your long-term career aspirations as a Finance and Business Operations Manager?

My long-term career aspiration lies in evolving into a strategic leadership role where I can shape financial strategy at a high level. I aim to continuously build upon my experience in identifying trends and making impactful business decisions that drive growth and innovation.

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Opal is a modern, data-centric identity security platform. Our platform offers a consolidated view and control of your whole ecosystem from on-prem to cloud and SaaS. Opal is backed by Greylock, Battery Ventures, and some of the top security exper...

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Full-time, hybrid
DATE POSTED
December 13, 2024

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