FP&A Lead

FP&A Lead

At R2, we believe that small and medium businesses are the productive engine of society. Small and medium businesses (SMBs) make up over 90% of companies in Latin America, yet they face a trillion-dollar credit gap. Our mission is to unlock SMBs’ potential by providing financial solutions that are tailored to their needs. We are reimagining the financial infrastructure of Latin America - where SMBs financial needs are satisfied without ever having to go to a bank.

R2 enables platforms in Latin America to embed financial services that SMBs can then leverage (starting with revenue-based financing). We are a tight knit team coming from organizations such as Amazon, Google, Nubank, Capital One, Uber, Mercado Libre, Globant, J.P. Morgan and HSBC. We are backed by world-class investors such as Gradient Ventures (Google’s AI-focused fund), COMETA, General Catalyst, Hi Ventures, Y Combinator, Femsa Ventures, Prosus, Endeavor Catalyst, among others.

FP&A at R2

• We operate a flat structure in the Finance team at R2, the role reports to the Chief Financial Officer, and FP&A works closely with Controllership, Capital Markets, Treasury & Operations

What you’ll work on:

Corporate FP&A

• The FP&A Lead at R2 is responsible for helping to manage the company’s financial planning process, including assessing R2’s future capital requirements in alignment with our growth requirements and strategic goals

• This includes owning and managing the company’s financial modeling, budgeting and reporting processes as well as collaborating with team members in Product, Business Development/Strategy, Data, and Risk to drive informed decision-making based on agreed key metrics

• Measuring and keeping track of key levers and metrics to ensure profitable growth, including supporting the development of FP&A dashboards 

• Consolidated Financial model rolling forecasts and funding requirements: manage our financial model 

• Analysing our growth, profitability, monthly burn and determine funding needs and key levers to strengthen our runway estimations

• Industry Benchmarking: constantly conduct detailed industry and competitive analyses (e.g. 10-K, equity research reports) to understand and provide guidance on key financial and operating metrics
  
  Budgeting

• Preparing operational budgets to ensure optimal cash management operation and inform decision making by the CFO and the Company’s Executive team

• Prepare monthly budgets for each department, providing them with clarity on their KPIs and financial resources

• Develop reliable cash flow projection processes, including minimum cash thresholds to meet operational needs

• Regularly review revenue cycle metrics to proactively address performance issues

  
  Financial reporting & controls

• Prepare timely and accurate analyses, summaries, and reports on the company’s financial performance

• Track on a rolling basis evaluate company’s actual revenue generation, cash burn and overall profitability against our budget’s estimations to suggest adjustments in real time, if needed, to the Company’s talent and technology spending, revenue growth and fundraising strategy

• Weekly cash monitoring – including computing weekly operating burn and tracking cash balances by subsidiary, identifying operations affecting our liquidity position and re-forecasting funding requirements by entity/ by jurisdiction

• Support the Controller with the monthly financial close, including via a review of monthly financial statements to evaluate statements for accuracy, verifying data and identifying trends to ensure a clear understanding of the organization's financial position and P&L

• Participate in the preparation of monthly investor updates and materials guiding our communication with our Executive team, Board of Directors, and our equity investors

• Monitor macro and market developments (equity markets, valuation multiples, interest rate environment, etc.) to provide insights for key strategic decisions

  
  Capital raising, & liquidity management: 

• Support the Finance team to optimize R2’s capital structure and to evaluate different funding alternatives and structures, to enable financial resilience and long-term growth

• Work with the Capital Markets Associate and Treasury Operations to execute funding strategies to enhance liquidity, to automate debt management and compliance processes, to manage financial risk

• Address critical gaps in the hedging policy to optimize total cost of capital and risk management

You may be a good fit it you have

• 4+ years of applied experience in FP&A, strategic finance, investment banking, private equity, venture capital, or equivalent roles
• Highly proficient in Excel with a strong understanding of model architecture, formula efficiency, undertaking database analyses (e.g. Snowflake)
• Capability in SQL or Python, and enthusiastic about automating manual tasks and FP&A workflows 
• Experience working in a financial services company, multi-national corporate, and/or fintech, or enterprise software company
• Desire to work in a fast-paced start-up environment, and growth mindset
• Strong understanding of financial statements, and accounting practices including IFRS or US GAAP, some exposure to LatAm juridictions local accounting practices
• Exposure to using Anaplan, Pigment or other FP&A planning software
• Builder/owners’ attitude, and strong bias to action 
• Ability to communicate effectively in both English and Spanish in spoken and written form – R2 works principally in English

Location: R2 operates remote-first, but we can support an in-office environment in Buenos Aires, Sao Paulo, Bogotá or Santiago.