Full-Time

Director – FP&a/Strategic Finance

Posted on 5/15/2024

NewsBreak

NewsBreak

201-500 employees

Digital news aggregation and distribution platform

Consumer Goods
Entertainment

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 maintaining a broad reach in the competitive news and media industry.

Company Stage

Series C

Total Funding

$136M

Headquarters

Mountain View, California

Founded

2015

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

3%
Simplify Jobs

Simplify's Take

What believers are saying

  • Expansion into video advertising aligns with rising video content consumption trends.
  • AI-driven content personalization can enhance user experience and engagement.
  • Mobile-first strategy optimization is crucial as mobile traffic dominates global website visits.

What critics are saying

  • Emerging local news platforms using AI could threaten NewsBreak's market share.
  • Rise of misinformation poses a risk to NewsBreak's reputation and user trust.
  • Increasing use of ad-blockers may reduce effectiveness of NewsBreak's advertising revenue.

What makes NewsBreak unique

  • NewsBreak focuses on hyper-local content, enhancing user engagement and retention.
  • The platform's Contributor Network provides local news coverage in underrepresented communities.
  • NewsBreak is the first app IAB Tech Lab Open Measurement certified using Prebid integration.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Paid Sick Leave

Paid Holidays

Paid Parental Leave

Health Savings Account/Flexible Spending Account

Commuter Benefits

Team Activity Budget

INACTIVE