Role Overview for VP of Finance (Banking Fintech) – New York, NY
JRG Partners, a premier executive search firm specializing in the financial services and technology sectors, is thrilled to partner with a rapidly expanding and innovative Banking Fintech firm in New York, NY. We are seeking a highly accomplished and strategic Vice President of Finance to join a dynamic leadership team. This pivotal role offers an unparalleled opportunity to shape the financial future of a company that is at the forefront of revolutionizing the banking and financial technology landscape. The successful candidate will be instrumental in driving financial strategy, optimizing operational efficiency, and ensuring robust financial health during a period of significant growth and market expansion.
As the VP of Finance, you will be a key strategic partner to the CEO and executive leadership, providing critical financial insights and guidance to inform crucial business decisions. You will be responsible for overseeing all aspects of financial management, including financial planning and analysis (FP&A), budgeting, forecasting, accounting operations, treasury management, and investor relations.
This role demands a visionary leader with a deep understanding of both traditional banking principles and the agile, technology-driven nature of fintech. You will be expected to build and mentor a high-performing finance team, implement best-in-class financial practices, and navigate the complex regulatory environment unique to the banking fintech space. This is more than just a finance role; it’s an opportunity to contribute to the strategic direction of a company poised for exponential growth, making a tangible impact on its success and market position.
Our client is known for its collaborative culture, commitment to innovation, and dedication to employee development. They offer a fast-paced yet supportive environment where creativity and strategic thinking are highly valued. If you are a results-oriented finance leader with a passion for fintech and a proven track record of success in a high-growth environment, we invite you to explore this exceptional opportunity to advance your career and make a significant contribution to a groundbreaking organization.
Key Responsibilities of VP of Finance (Banking Fintech) – New York, NY
Strategic Financial Planning & Analysis (FP&A)
Lead the development and execution of comprehensive financial models, forecasts, and budgets. Provide insightful analysis of financial performance, identifying trends, risks, and opportunities to support strategic decision-making. Drive long-term financial planning, capital allocation strategies, and scenario planning to ensure sustainable growth and profitability.
Financial Reporting & Compliance
Oversee all financial reporting, ensuring accuracy, timeliness, and compliance with Generally Accepted Accounting Principles (GAAP) and other relevant regulatory requirements. Manage internal and external audits, ensuring a smooth and efficient process. Develop and maintain robust internal controls and financial policies to safeguard company assets and ensure data integrity.
Treasury Management & Capital Allocation
Manage the company’s cash flow, liquidity, and investment strategies. Optimize working capital management and foreign exchange exposure. Develop and implement capital allocation strategies that support business growth initiatives while maintaining financial stability. Liaise with banking partners and financial institutions.
Risk Management & Internal Controls
Identify, assess, and mitigate financial risks across the organization. Implement and monitor effective internal control systems to ensure operational efficiency, compliance, and protection against fraud. Stay abreast of regulatory changes impacting the banking fintech sector and adapt financial strategies accordingly.
M&A Support & Due Diligence
Play a critical role in evaluating potential mergers, acquisitions, and strategic partnerships. Conduct financial due diligence, valuation analysis, and integration planning to support inorganic growth initiatives. Provide financial modeling and analysis to assess the impact of M&A activities.
Investor Relations & Fundraising Support
Prepare financial presentations and materials for investors, board members, and other stakeholders. Support fundraising efforts by providing detailed financial projections and performance data. Communicate the company’s financial story effectively to the investment community.
Team Leadership & Development
Recruit, mentor, and develop a high-performing finance and accounting team. Foster a culture of continuous improvement, accountability, and professional growth within the finance department. Provide strong leadership and guidance to ensure the team meets its objectives and supports the broader organizational goals.
Budgeting, Forecasting & Variance Analysis
Drive the annual budgeting process and ongoing forecasting activities. Conduct detailed variance analysis against budget and forecast, providing actionable insights to department heads and executive leadership. Implement tools and processes to enhance budgeting accuracy and efficiency.
Tax Planning & Optimization
Oversee corporate tax planning and compliance, working with external advisors to optimize the company’s tax structure and minimize liabilities. Ensure timely and accurate filing of all tax returns.
Process Improvement & System Implementation
Identify opportunities to streamline financial processes and improve efficiency through automation and technology. Lead the evaluation and implementation of new financial systems and tools to support scalability and enhance reporting capabilities.
Strategic Partnership
Act as a trusted financial advisor to the CEO, COO, and other executive leaders, contributing to overall business strategy and operational excellence. Provide financial perspectives on product development, market expansion, and operational initiatives.
Requirements for the VP of Finance (Banking Fintech) – New York, NY
Education
Bachelor’s degree in Finance, Accounting, Economics, or a related field from an accredited institution is required. An MBA or Master’s degree in Finance is highly preferred. A Certified Public Accountant (CPA) designation is mandatory.
Experience
A minimum of 10-12 years of progressive experience in finance and accounting, with at least 5-7 years in a leadership role (e.g., Head of Finance, Director of Finance, VP Finance) within the Banking, Fintech, or Financial Services sectors. Experience in a high-growth, venture-backed, or publicly traded company is highly advantageous.
Industry Knowledge
Deep understanding of the financial services industry, including banking operations, payment processing, lending platforms, and digital finance. Strong familiarity with the regulatory environment governing banking and fintech (e.g., BSA/AML, KYC, consumer protection laws, state and federal banking regulations).
Technical Skills
- Expert-level proficiency in financial modeling, valuation techniques, and scenario analysis.
- Comprehensive knowledge of GAAP and IFRS accounting standards.
- Proven experience with ERP systems (e.g., SAP, Oracle, NetSuite, Workday Financials) and business intelligence tools.
- Advanced Excel skills are essential; experience with SQL, Python, or other data analysis tools is a plus.
- Strong understanding of treasury functions, capital markets, and investment strategies.
Leadership & Management
Demonstrated ability to build, lead, and mentor high-performing finance teams. Experience in fostering a collaborative and results-driven work environment. Strong project management skills with the ability to manage multiple priorities in a fast-paced setting.
Analytical & Problem-Solving
Exceptional analytical skills with the ability to translate complex financial data into clear, actionable insights for non-finance stakeholders. Proven track record of solving complex financial challenges and implementing effective solutions.
Communication & Interpersonal
Excellent verbal and written communication skills, with the ability to present complex financial information clearly and concisely to diverse audiences, including executive leadership, board members, investors, and external partners. Strong interpersonal skills to build and maintain effective relationships.
Strategic Thinking
Ability to think strategically, anticipate future financial needs, and develop proactive solutions to support business objectives. A forward-thinking approach to financial management and business growth.
Benefits & Perks Offered
Our client believes in investing in its people, offering a comprehensive and competitive benefits package designed to support the well-being and professional growth of its employees. As a VP of Finance, you can expect:
Competitive Compensation
A highly attractive base salary commensurate with experience, combined with a robust performance-based bonus structure and potential equity opportunities.
Health & Wellness
Comprehensive medical, dental, and vision insurance plans for employees and their families, with employer contributions. Access to wellness programs and resources.
Retirement Planning
A generous 401(k) retirement plan with company matching contributions to help you build your financial future.
Paid Time Off
Ample paid vacation days, sick leave, and company holidays, encouraging a healthy work-life balance.
Professional Development
Opportunities for continuous learning and career advancement, including tuition reimbursement, industry conference attendance, and access to executive coaching and leadership development programs.
Flexible Work Environment
A supportive and flexible work culture, including potential hybrid work options, to accommodate diverse needs while maintaining strong team collaboration.
Dynamic Culture
Be part of an innovative, fast-paced, and collaborative environment where your contributions are valued, and you can make a significant impact on the company’s success. Regular team-building events and social gatherings.
Commuter Benefits
Pre-tax commuter benefits to ease your daily commute.
How to Apply
If you are a visionary finance leader ready to make a significant impact within a leading Banking Fintech firm in New York, NY, JRG Partners invites you to take the next step in your career. We are committed to connecting top-tier talent with exceptional opportunities. Please submit your resume and a cover letter detailing your qualifications and experience relevant to this role.
To learn more about JRG Partners’ expertise in connecting financial professionals with leading firms, please visit our Financial Services Recruitment page. We look forward to hearing from you and discussing this exciting opportunity further.
