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Head of Finance

Phantom is revolutionizing the way millions of people interact with the crypto ecosystem. Our self-custodial wallet offers a seamless, unified experience for managing accounts and tokens across Solana, Bitcoin, Ethereum, and Polygon, empowering users with a single, convenient solution. By integrating cutting-edge security features and launching innovative tools for an enhanced personalized user experience, Phantom is able to provide a next-generation, safe and easy to use self-custodial wallet for everyone. This strategy has allowed Phantom to achieve significant milestones including surpassing 7 million MAU’s, reaching #1 in the Google play store finance category, and consistently trending as a Top 50 app across all categories, right next to X, PayPal, Coinbase, and ChatGPT.

Phantom is fully remote but this role requires a US based applicant.

Responsibilities

In this role, you will have for complete ownership of the finance function at Phantom. You will be responsible for modeling, planning, and making decisions about the core levers of the business, collaborating closely with the CEO and our team, as well as external stakeholders.

  • Full company financial statement ownership as well as budgeting and planning

  • Prepare meaningful analysis for strategic business decisions and model financial situations in close collaboration with the CEO and team

  • Establish and track core metrics that are essential to the financial health of the company and business lines

  • Calculate and forecast burn, revenue, other income and runway and accurately present current and future cash and crypto positions in real-time

  • Ownership of financial operations and treasury management (cash & crypto)

  • Assist in project managing other corporate and financial matters taxes, payroll, and corporate development

Qualifications

  • 8-10 years of investment banking, consulting, FP&A and/or related experience

  • Strong leadership skills to lead cross functional initiatives and potentially manage people

  • BS/BA degree in a quantitative discipline

  • Strong financial modeling skills in Excel

  • Familiar with setting up and maintaining finance software systems

  • Understanding of crypto inventory management with tools such as Lukka or Cointracking

  • Understanding of the latest crypto and DeFi trends

Why Work with Us

Opportunity

We are a team of experienced builders in the blockchain and crypto industry. Our journey began from users seeking an easy, seamless path to accessing the crypto ecosystem. This passion fueled our exponential growth, allowing us to onboard over 7M+ active users in just over three years; with our user base growing weekly. Our dedication to a secure and seamless user experience has made us the leading wallet on Solana as well as our multi-chain approach enhances our platform's versatility, meeting the needs of a diverse and growing user base. By staying at the forefront of technology and user expectations, we continue to innovate and set industry standards on self-custodial crypto wallets.

There has never been a better time to work in crypto to help shape the future of innovation with a focus around the wallet experience!

  • First impressions matter: Wallets are responsible for a users first impression with crypto and onboarding new users into crypto. By ensuring that a user has a great first-time experience with crypto, we can help supercharge the growth of the entire ecosystem.

  • Make crypto easier to navigate: There is no easy way for a user to discover and navigate all that crypto has to offer. Wallets have a unique opportunity to help users not only onboard to crypto but also stay retained by exploring new things to do.

  • We live in a multi-chain world: We currently support Solana, Ethereum, Polygon and Bitcoin with more networks to come in the new future. We are focused on creating a unified, multi-chain crypto experience for users.

Benefits

  • Competitive salary and equity

  • Comprehensive insurance (medical/dental/vision) — 100% covered

  • Stipend for your ideal remote set-up

  • Flexible hours and a supportive remote environment

  • Unlimited vacation: Take time when you need it (and we really mean it!)

  • 401(k) retirement plan

  • Monthly wellness benefit

  • Weekly meal benefit

  • Global off-sites

We strongly encourage candidates of all different backgrounds to apply. We believe that our work is stronger with a variety of perspectives, and we’re eager to further diversify our company. If you have a background that you feel would make an impact at Phantom, please consider applying. We’re committed to building an inclusive, supportive place for you to do the best work of your career.

The target base salary for this role will range between $225,000 to $265,000 with the addition of equity and benefits. This is determined by a few factors including your skillset, prior relevant experience, quality of interviews and market factors (such as location) at the point in time of offer.

#LI-DNI

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Average salary estimate

$245000 / YEARLY (est.)
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$225000K
$265000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Head of Finance, Phantom

Join Phantom as the Head of Finance and take the reins of our financial functions! At Phantom, we're not just revolutionizing the way millions interact with the crypto ecosystem; we're creating a seamless experience that spans Solana, Bitcoin, Ethereum, and Polygon. As someone who will collaborate closely with our CEO and various teams, you’ll have the opportunity to influence key business decisions through detailed financial modeling and strategic planning. Your main responsibilities will include overseeing financial statements, creating budgets, and presenting key metrics that reflect our company's financial health. We're looking for a leader with 8-10 years of experience in investment banking, consulting, or FP&A, and the skills to manage cross-functional initiatives. A BS/BA in a quantitative field and strong financial modeling expertise are essential, along with familiarity in finance software and an understanding of crypto inventory management. The role requires a US-based individual and is fully remote, allowing you to work in a supportive environment that champions a flexible work-life balance. With unlimited vacation and various perks, we strive to maintain a motivated and happy team. Join us in shaping the wallet experience that will help onboard new users in the crypto space and support our mission of enabling everyone to manage their digital assets effortlessly!

Frequently Asked Questions (FAQs) for Head of Finance Role at Phantom
What are the responsibilities of the Head of Finance at Phantom?

As the Head of Finance at Phantom, you will have complete ownership of the finance function, which includes preparing financial statements, budget planning, and analyzing strategic business decisions. You'll collaborate closely with the CEO and the team to model financial scenarios and establish key metrics for the company's health. Financial operations and treasury management are also part of your role.

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What qualifications are needed for the Head of Finance position at Phantom?

To qualify as Head of Finance at Phantom, you should have 8-10 years of experience in investment banking, consulting, or FP&A. A BS/BA degree in a quantitative discipline is necessary, along with strong financial modeling skills and familiarity with finance software systems. An understanding of crypto inventory management will also be advantageous.

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What is the expected salary range for the Head of Finance role at Phantom?

The target base salary for the Head of Finance position at Phantom ranges from $225,000 to $265,000, complemented by equity and benefits. The final salary will depend on your unique skill set, experience, and performance throughout the interview process.

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Is the Head of Finance role at Phantom remote?

Yes, the Head of Finance position at Phantom is fully remote, but it requires candidates to be based in the US. This allows you to enjoy a flexible working environment while collaborating with a team of crypto enthusiasts from anywhere in the country.

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What benefits does Phantom offer for the Head of Finance position?

Phantom offers a comprehensive benefits package for the Head of Finance role, including a competitive salary, equity, 100% covered medical/dental/vision insurance, flexible working hours, unlimited vacation, a 401(k) retirement plan, and monthly wellness and meal benefits. We invest in our team’s well-being and work-life balance.

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Common Interview Questions for Head of Finance
Can you describe your experience with financial modeling as Head of Finance?

In your answer, highlight specific experiences where you have utilized financial modeling to make informed decisions, referencing tools you have used. Emphasize your ability to analyze data and project future financial situations based on different variables.

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How do you prioritize tasks in financial planning and analysis?

Mention your approach to prioritizing tasks, such as aligning them with the company's strategic goals. Discuss how you balance daily operations with long-term planning, ensuring that urgent issues are addressed while maintaining a view on broader objectives.

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What is your process for budget preparation?

Describe your methodology for preparing budgets, including data analysis, consultation with departments, and the final approval process. Illustrate how you create realistic budgets that align with business objectives and consider past performance trends and forecasts.

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How do you ensure compliance with financial regulations?

In your response, mention your approach to staying informed about financial regulations and best practices. Highlight how you implement internal controls and audit processes to ensure compliance and prevent errors or fraud within financial operations.

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What metrics do you track to assess a company's financial health?

Discuss essential metrics you consider vital for financial health, such as cash flow, burn rate, runway, and revenue projections. Explain how you utilize these metrics to make strategic decisions and communicate financial status to stakeholders.

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Can you give an example of how you've handled a financial crisis in the past?

Provide a specific example where you effectively managed a financial challenge. Emphasize your decision-making process, communication with stakeholders, and the outcome after implementing solutions to demonstrate your problem-solving skills.

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How do you forecast revenue and expenses in a rapidly changing environment like crypto?

Detail your approach to forecasting, particularly how you adapt your models to account for volatility in the crypto market. Discuss tools and methodologies you use to provide accurate forecasts despite fluctuating conditions.

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What experience do you have with treasury management?

Describe your experiences with cash and crypto treasury management, including how you assess risk and make investment decisions. Highlight your experience in optimizing liquidity while ensuring financial stability.

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How do you build relationships with stakeholders for financial reporting?

Discuss your communication style and strategies for fostering strong relationships with stakeholders – from the CEO to team members. Emphasize your ability to present complex financial information in an understandable way to support decision-making.

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What is your understanding of DeFi trends and their impact on finance?

In your answer, showcase your knowledge of current trends in decentralized finance and how they might influence traditional financial practices. Provide insights into how these trends could impact Phantom's financial strategy and operations.

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Full-time, remote
DATE POSTED
December 19, 2024

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