Full-Time

Head of Finance

Posted on 9/5/2024

Optimism

Optimism

51-200 employees

Ethereum Layer 2 blockchain for scalability

Crypto & Web3

Senior

Remote in USA

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Blockchain
Requirements
  • Proven success as a finance lead in a high-growth, venture-backed technology startup, with a demonstrated ability to scale businesses.
  • Strong familiarity with, or deep interest in, blockchain and cryptocurrency.
  • Expertise in Financial Planning & Analysis (FP&A), coupled with an analytical and intellectually curious mindset.
  • Proven track record in accurate planning, budgeting, modeling, and forecasting; must have a clear understanding of the company’s financial standing relative to internal and external targets.
  • Ability to drive growth initiatives and adapt to a dynamic, entrepreneurial environment.
  • Strong business acumen and a broad financial perspective, enabling you to serve as a strategic advisor to the management team.
  • Proficiency in developing and implementing systems, tools, and processes that enhance business clarity and efficiency through a metrics-driven approach.
  • Action-oriented with an entrepreneurial spirit and a bias towards action.
  • Strong interpersonal skills; able to communicate effectively and manage relationships at all organizational levels.
  • Comfortable guiding the strategic direction for internal and external stakeholders in a growing organization.
Responsibilities
  • Establish and scale finance and accounting operations suitable for a fast-growing startup, with potential to expand into broader responsibilities.
  • Develop in-house budgeting and financial models; establish performance metrics and financial goals to track progress.
  • Create and manage long-range financial plans and models to optimize resource allocation across the organization.
  • Ensure precise presentation of company metrics to the board of directors, investors, and executive team.
  • Analyze business risks and opportunities, providing data-driven recommendations that impact financial outcomes.
  • Oversee the annual budgeting and strategic planning processes; monitor progress and make adjustments to keep leadership informed of financial status.
  • Collaborate with XFN leadership to create a funding model to support external developers contributing to the Optimism ecosystem.
  • Manage financial reporting, company-wide operational metrics, board reports, cash management, audits, and tax matters.
  • Hire, lead, mentor, and retain top-tier finance and accounting teams.

Optimism focuses on enhancing the Ethereum blockchain by providing OP Mainnet, a Layer 2 (L2) solution that increases transaction speed and reduces gas fees. OP Mainnet operates as a secondary framework on top of Ethereum, allowing developers to run their applications more efficiently and at a lower cost. The technology is compatible with existing Ethereum software, ensuring that applications can transition smoothly to this platform. Additionally, Optimism is working on the Superchain project, which aims to improve interoperability and composability among different blockchains using the OP Stack, creating a more integrated Ethereum ecosystem. The company also supports public good initiatives through its Retroactive Public Goods Funding program, which rewards developers who contribute positively to the community. Revenue is generated from transaction fees on OP Mainnet, which is then reinvested into the ecosystem to support further development.

Company Stage

Series B

Total Funding

$173.6M

Headquarters

New York City, New York

Founded

2019

Growth & Insights
Headcount

6 month growth

-1%

1 year growth

-2%

2 year growth

1%
Simplify Jobs

Simplify's Take

What believers are saying

  • Optimism's collaboration with Succinct Labs enhances security with ZK rollup technology.
  • The Superchain project integrates Layer 3 chains, expanding market reach and influence.
  • Grants like the $1.35m to Mint Blockchain foster innovation in the NFT space.

What critics are saying

  • Competition from Coinbase's Base blockchain may divert developers from Optimism.
  • Zero-Knowledge Proof technology could overshadow Optimism's optimistic rollup solutions.
  • Layer 3 integration may lead to complexity and interoperability challenges for Optimism.

What makes Optimism unique

  • Optimism offers a scalable Ethereum Layer 2 solution with reduced gas fees.
  • The Superchain project enhances interoperability and composability across multiple blockchains.
  • Retroactive Public Goods Funding supports developers building for public good on Optimism.

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Benefits

🤑 Top 25% salaries

🪙 Equity in OP Labs PBC

🦷 Medical, dental, ortho & vision insurance

💵 Flexible Spending Account

💰 401k Retirement plan

⛑️ Life & disability insurance

🏠 WFH flexibility

🍼 Paid parental leave

💸 Crypto tax professionals

🏝️ Vacations & paid holidays

INACTIVE