THE COMPANY

MPOWERs borderless loans enable students from around the world to realize their full academic & career potential by attending top universities in the U.S & Canada. 

As a mission-oriented FinTech / EdTech company, we move extremely fast & leverage the latest technologies, global best practices, & heavy analytics to tackle one of the biggest challenges in financial inclusion. Were backed by over $150 million in equity capital from top global investors, which enables our fast-growth & provides our company with financial stability & a clear path to an IPO over the coming years.

Our global team is composed of ex-management consultants, financial services & technology professionals, & other experts in their respective fields. We work hard, have fun, & believe greatly in our cause. For us, MPOWERs mission of making this mission is personal.

As a member of our team, youll be challenged to think quickly, act autonomously, & constantly grow, creatively in an environment where fast change & exponential growth is the norm. ideation & implementation happens very quickly. We value feedback & emphasize personal & professional development by providing the resources you need to further your skills & grow with the company. MPOWER is committed to cultivating your strengths & curiosity & helping you make an immediate impact.

MPOWER has been named one of the best fintechs to work for by American Banker for the past 6 years in a row. We are honored to be nominated by multiple agencies & publications for our leadership in Tech, diversity & social impact. We pride ourselves on being a growth company for grown-ups, where there are no pool tables but rather great health, education, & maternity/paternity benefits instead. Our team diversity has been recognized as well; were one of the most diverse workforces in the world in terms of nationality, gender, religion, age, sexual orientation, & educational background.

THIS IS A FULL-TIME POSITION BASED IN WASHINGTON, DC.

THE ROLE

As the AVP of Finance you are responsible for overseeing all financial reporting, accounting operations, internal controls, & treasury activities for the company. You will ensure the integrity of financial information, lead financial audits, & drive continuous improvements in financial processes & systems as well as cost management. This position is a key business partner, providing leadership & strategic financial advice to the CFO, executive team, & Board of Directors.

You will provide the senior financial leadership & international expertise that enables improved decision-making & stakeholder reporting, while implementing & managing the formal processes & controls that are expected of a growing highly-regulated international business. Your responsibilities will include, but are not limited to:

• Providing strategic financial input & leadership on issues affecting the business as well as developing & managing sophisticated financial models that assist both the finance & the Executive team in decision making including recommendations on corporate transactions, new business initiatives, & cost management
• Leading the stakeholder reporting, annual budget & monthly/quarterly forecasting processes, including developing corporate targets & gaining alignment with the Executive team
• Identifying & monitoring significant business trends & variances to plan in revenue, expenses, headcount, capital, balance sheet & cash flow items
• Enhancing & enforcing rigorous financial frameworks, systems & policies to ensure best in class accounting & business best practices are adhered to across the company, including in global offices
• Developing a near & long-term roadmap for  financial, accounting, cost management, treasury, fiscal & regulatory strategies to optimize company performance and  global corporate structure
• Leading the preparation of accurate & timely financial statements in accordance with U.S. GAAP.
• Managing monthly, quarterly, & annual close processes
• Maintaining & enhancing the companys internal control framework
• Ensuring company financial practices adhere to federal, state, & local regulations.
• Serving as the primary liaison with external auditors & tax advisors
• Partnering with the CFO & other executives to align financial operations with the companys strategic goals
• Developing & executing accounting policies, systems, & procedures to scale with company growth
• Building, mentoring, & leading a high-performing finance & accounting team
• Fostering a culture of excellence, accountability, & continuous improvement
• Overseeing cash management activities, working capital optimization, & banking relationships
• Collaborating with Capital Markets teams on liquidity planning & financing strategies
• Delivering insights & analysis to improve profitability, operational efficiency, & cost control

THE QUALIFICATIONS

• Graduate degree in Finance, Accounting, Economics, or other quantitative / scientific field
• CPA or CFA designation or equivalent preferred, with experience in financial services or banking, specifically in consumer credit
• 10-15  years of experience managing finance teams, including audit, financial reporting, accounting, & FP&A
• Ability to balance near-term & long-term priorities with ability to anticipate obstacles & preemptively position company for the best possible outcome
• Strong interpersonal,  communication, & presentation skills with ability to influence decision making across stakeholder groups
• Advanced data modeling skills with high attention to detail & exceptional analytical thinking capabilities
• Has experience with financial & tax compliance in a cross border business environment
• Proven track record of growing & mentoring teams, developing rigorous processes & controls for fast scaling businesses, & strong technical skills in accounting, budgeting, cash management, financial controls, & shareholder reporting.
• Experience in multi-entity consolidation, international tax principles, & working in highly regulated industries is a plus
• Experience with marketplace or consumer lending is a plus

A passion for financial inclusion & access to higher education is a must, as well as comfort working with a global team across multiple time zones & locations!

In addition, you should be comfortable working in a fast growth environment, meaning a small agile team, fast-evolving roles & responsibilities, variable workload, tight deadlines, a high degree of autonomy, & 80-20 everything. 

Compensation/Salary Range: $200,000 - $233,000 + discretionary annual cash bonus + Stock Options. Our salary ranges are determined by role, level & location & are determined based on the strength of the candidate & skill set requirements.

Benefits:

• Health, Dental, & Vision Insurance, with no waiting period for healthcare coverage; eligible from day one
• Everyone is an owner stock options are part of every job offer
• Hybrid work model in the office together at least 2 days per week to build a strong culture & collaborate
• Plenty of Paid Time Off, whether youre sick, traveling the world, or welcoming a new member of your family
• A transparent & productive workplace want to discuss something with the CEO? Just schedule a coffee chat!
• Vast opportunities for self-development: annual individual budget to spend on learning goals, company sponsored mentorship & coaching programs, new manager cohort trainings, technical skill development opportunities globally, learning opportunities through external certifications
• Fun team events & outings
• Monthly home office stipend