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Full-Time

Director – FP&a/Strategic Finance

Confirmed live in the last 24 hours

NewsBreak

NewsBreak

201-500 employees

Digital platform for news aggregation and distribution

Compensation Overview

$180k - $240kAnnually

+ Bonus + Options

Senior

Mountain View, CA, USA

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
SQL
Financial analysis
Requirements
  • 5 years of increasingly complex experience in financial planning and analysis, particularly in a Corporate FP&A role
  • Undergraduate degree in accounting, finance, economics or related field preferred
  • Ability to develop frameworks and solutions to high-level questions and concepts
  • Advanced Excel and presentation building skills with experience in building financial models and clear, concise presentation materials
  • Ability to partner cross-functionally, influence, and communicate with all levels of management
  • Ability to work in an environment where priorities can change quickly; strong ability to balance multiple projects simultaneously
  • Ability to write SQL and pull data from the database
Responsibilities
  • Produce insightful budget and forecast presentations highlighting key performance indicators and impact on Company cash positioning.
  • Maintaining and enhancing the fully integrated 3 statement financial forecast model.
  • Assess business scenarios to aid in investment prioritization and resource allocation decision-making.
  • Perform variance analysis and continuously drive forecast accuracy improvements.
  • Perform financial analysis, build strategic models, and to help senior leadership make informed business decisions.
  • Ensure an effective process for developing financial plans and analysis that links to strategic objectives.
  • Partner with project teams and departments to develop and manage budgets & forecasts.
  • Help with investor due diligence and annual audit preparation.
  • Be an integral member of the monthly financial close process.
  • Support any ad hoc financial analysis/modeling.

NewsBreak is a digital platform that provides a variety of news articles and stories to its users. It aggregates news from multiple sources, including independent contributors, and presents it in a user-friendly format. The platform covers a wide range of topics, including local news, global events, lifestyle, and entertainment, which helps it appeal to a diverse audience. Unlike traditional news outlets, NewsBreak focuses on content aggregation and distribution, allowing it to quickly adapt to the interests of its users. The company primarily generates revenue through advertising, leveraging its large user base to attract advertisers, and may also partner with news providers and content creators to enhance its offerings. The goal of NewsBreak is to deliver a comprehensive news experience that keeps users informed about various topics while providing a platform for advertisers to reach a broad audience.

Company Stage

Series C

Total Funding

$151.4M

Headquarters

Mountain View, California

Founded

2015

Growth & Insights
Headcount

6 month growth

-2%

1 year growth

-3%

2 year growth

11%
Simplify Jobs

Simplify's Take

What believers are saying

  • NewsBreak's rapid user growth, with over 50 million monthly users, indicates strong market traction and potential for further expansion.
  • The platform's diverse content, ranging from local news to lifestyle and entertainment, attracts a wide audience, enhancing its appeal to advertisers.
  • Strategic hires, such as Kevin Simon from LinkedIn, bolster NewsBreak's leadership team and product development capabilities.

What critics are saying

  • The highly competitive news and media market requires continuous innovation to maintain user engagement and market share.
  • Reliance on advertising revenue makes NewsBreak vulnerable to fluctuations in the ad market, which could impact financial stability.

What makes NewsBreak unique

  • NewsBreak's focus on local news coverage, supported by its Contributor Network, sets it apart from competitors who primarily focus on national or global news.
  • The platform's certification by IAB Tech Lab for its implementation of the Open Measurement SDK highlights its commitment to transparency and ad quality, distinguishing it from other news aggregators.
  • Partnerships with platforms like Index Exchange and Prebid Mobile for video advertising optimization provide NewsBreak with a competitive edge in ad revenue generation.