Strategic Finance
About Forma
The market for employee benefits is broken. Companies spend millions annually on employee benefits that employees neither value nor regularly use. Founded in 2017, Forma set out to build a better model by challenging traditional one-size-fits-all approaches.
Forma’s flexible benefits software helps companies offer competitive benefits packages while reducing costs and inefficiencies, by giving employees more choice and flexibility in how they spend their benefit allowances. The platform also saves HR professionals countless hours managing and supporting various point solutions.
Using Forma, companies can select from a suite of products that include Lifestyle Spending Accounts, Health Spending Accounts, Health Reimbursement Arrangements, Flexible Spending Accounts, and more to design and deliver customized benefits programs–all through a single platform. Employees then have three choices to spend account funds: The Forma Store with discounted products and services, The Forma Visa Card, or claim reimbursement backed by Forma’s world-class member support team.
Forma has helped hundreds of the world’s most admired companies, including Stripe, Zoom, Lululemon, and Affirm, design and support flexible, inclusive benefits programs for nearly a million employees. And, we are seeing great success with 98% customer retention, 75 NPS, and 98 CSAT ratings from members.
Forma is backed by Emergence Capital and Ribbit Capital and has received numerous awards for its exponential growth, its software innovation, and as a “Great Place to Work.”
About the Role
This role is the second finance hire for the company and will report to the VP of Finance. We are looking for a builder – someone who can navigate ambiguity and overcome the obstacles presented by a scaling company. About half of this role will be corporate finance work (think managing the internal finances of the company), and the other half will be partnering with leaders across the company to help drive business outcomes (think thought partner to product, sales, and other org leaders). A deep comfort with numbers is a prerequisite, and so is strong communication skills – both written and verbal. We have a shortlist of high priority projects and are excited to get going!
This is an individual contributor role, with the opportunity to grow into a managerial role as the company grows.
You Will
- Creating and maintaining the corporate model
- P&L management including monthly and quarterly business reviews for key areas of the business
- Leading budgeting and forecasting, and other corporate finance activities
- Interfacing with external accountants
- Working with business partners to define metrics and leading indicators of business performance. For example, partnering with product teams to build business cases for new products, and partnering with go-to-market teams on pricing and distribution strategies
- Using your business judgment to help reduce noise and drive greater focus on the highest value activities
Preferred Skills
- 8-12 years of relevant work experience in a combination of investment banking, corporate finance, or similar analytical roles. (there’s flexibility to adjust the role for candidates that have more or less experience provided they meet the below qualifications)
- Experience at a high growth venture-backed start-up is a nice-to-have
- Strong analytical skills with the ability to think strategically
- A self starter capable of driving results without significant supervision
- Ability to build collaborative working relationships with business partners
- Ability to thrive in an unstructured, fast-moving environment
- Sound business judgment. Put simply, what matters most right now, and why
- Excellent verbal and written communication
Benefits and Perks
- Remote-first working environment
- Medical, dental and vision insurance plans
- Employee wellness program
- Home Productivity program
- Team building program
- 401(k) savings plan
- Flexible PTO policy
- 12 weeks Parental Leave + 4 additional weeks for the Birthing Parent
At Forma, we value diversity, and always treat all employees and job applicants based on merit, qualifications, competence, and talent. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
Duties and responsibilities may not all be covered in the description, or may change over time at the discretion of Forma. You're encouraged to apply even if your experience doesn't precisely match the job description. Your skills and passion will stand out—and set you apart—especially if your career has taken some extraordinary twists and turns. At Forma, we welcome diverse perspectives, and people who think rigorously / aren't afraid to challenge assumptions. Join us!