Full-Time

Manager – Fp&a

Operating Expense and Vendor Management

Confirmed live in the last 24 hours

Octane

Octane

201-500 employees

Instant financing for lifestyle purchases

Fintech
Financial Services

Compensation Overview

$110k - $150kAnnually

+ Stock Options

Senior

New York, NY, USA

Hybrid position requiring in-office presence.

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
NetSuite
Python
SQL
Data Analysis
Requirements
  • Bachelor’s degree in Business related field
  • 7+ years of work experience across finance and/or procurement
  • Excellent written and verbal communication skills with all levels of staff.
  • Experience in vendor negotiations and contract management.
  • Proficiency in financial modeling, budgeting, and forecasting tools.
  • Ability to collaborate effectively with cross-functional teams and lead initiatives independently.
  • Detail-oriented, highly-organized, focused, and objective-driven workstyle.
  • Unimpeachable ethical standards.
  • Strong data analysis and reporting.
  • High attention to detail and standards for quality work.
  • Ability to effectively build programs, manage various projects, and track relevant transactional details.
  • Background working in high-growth SaaS/Tech/Fintech companies preferred.
  • Intermediate/advanced Excel.
  • Nice to haves: Knowledge of SQL, Python, Netsuite.
Responsibilities
  • Develop, monitor, and manage operating expense budgets for multiple departments.
  • Perform monthly variance analysis on actual vs. budgeted expenses and provide insights to department heads.
  • Collaborate with business unit leaders to identify cost-saving opportunities on new and existing contracts.
  • Conduct regular financial reviews to ensure compliance with budget and identify areas for improvement.
  • Work collaboratively with other departments on the vendor management process: from initial vendor selection to ongoing performance evaluation and contract renewals.
  • Negotiate favorable contract terms, ensuring value for money and alignment with strategic objectives.
  • Develop and implement policies for vendor management, including performance tracking and reporting.
  • Own the forecasting and budgeting process for vendor-related operating expenses, working closely with the FP&A team to integrate projections into overall financial planning.
  • Provide monthly and quarterly financial analysis and reporting on Opex and vendor spend.
  • Develop financial models to assess the impact of vendor contracts and operational expenses on business performance.
  • Support senior management in strategic decision-making with accurate financial data and projections.
  • Partner with Risk, Accounting, Legal, and other teams to manage and improve cross-functional processes related to vendor selection, onboarding, and payment.
  • Communicate financial insights and vendor performance data to senior management.

Octane provides instant financing solutions for lifestyle purchases, specifically targeting items like motorcycles, ATVs, and mowers. Their service allows customers to receive quick credit decisions, making the buying process smoother whether shopping online or in-store. Octane stands out by offering personalized financing options that involve a soft credit pull, meaning customers can check their rates without affecting their credit scores. This approach caters to a wide range of clients, including prime borrowers, credit builders, and first-time buyers. The company's goal is to simplify the financing process, making it more accessible and inclusive for everyone.

Company Stage

N/A

Total Funding

$190.6M

Headquarters

New York City, New York

Founded

2014

Growth & Insights
Headcount

6 month growth

3%

1 year growth

7%

2 year growth

-4%
Simplify Jobs

Simplify's Take

What believers are saying

  • Octane's strategic agreements with major brands like Kawasaki expand its market reach and offer competitive financing options.
  • Winning the 'Consumer Lending Innovation Award' highlights Octane's leadership and innovation in the fintech space.
  • The company's continuous growth in asset-backed securitizations, totaling over $3.7 billion, indicates strong financial health and growth potential.

What critics are saying

  • The niche focus on powersports and recreational vehicles may limit market opportunities compared to broader fintech companies.
  • Dependence on asset-backed securitizations for funding could pose risks if market conditions change or investor interest wanes.

What makes Octane unique

  • Octane's focus on the powersports and recreational vehicle market sets it apart from other fintech companies that target broader consumer lending sectors.
  • The company's robust asset-backed securitization program, with multiple AAA-rated transactions, demonstrates financial stability and investor confidence.
  • Octane's innovative tools like Dealer Portal 2.0 and Prequal Flex provide unique, industry-first functionalities that enhance the dealer and customer experience.

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