Head of Finance, TBS
At Lyft, our mission is to improve people’s lives with the world’s best transportation. To do this, we start with our own community by creating an open, inclusive, and diverse organization.
Lyft is seeking a Head of Finance for its burgeoning Transit, Bikes and Scooters (“TBS”) line of business. We are looking for a dynamic leader who can lead all aspects of financial and performance management for Lyft's micromobility business unit.
Lyft began with Rideshare as its core business, and has since diversified into complementary transportation solutions, including bikes and scooters. Today, TBS plays a key part of Lyft’s mission to improve people’s lives by building the world’s best transportation network. The Head of Finance will have financial oversight over the rider growth and retention teams, operations, and hardware development and sales, among other areas. In addition, this leader will also be responsible for driving near and long term capital planning for the line of business.
A strategic thought partner to the TBS leadership team, this finance leader will advise and influence decisions that will have a real impact on the overall business’ P&L. The Head of Finance, TBS will also work with executives and leaders across the organization to help inform key decisions that shape the future of the business. Most importantly, this person will convey a wealth of critical financial information, business and market insights to enable key teams here at Lyft to make optimal investments in operational and management decisions. This is a highly visible role that will help significantly shape the future of one of the most exciting technology companies.
Responsibilities:- Oversee the full financial picture for TBS. This includes revenue management, operations, hardware development, and other capital and opex planning and budgeting, forecasting, and long-term planning
- Partner with finance leadership to develop solutions and execute against all aspects of finance strategies, initiatives and key investments
- Proactively identify and pursue all possible means to improve financial and operational profitability, stability, and risk as well as recommend market expansion/M&A/partnership opportunities
- Manage, inspire, develop and continue to grow a high-performing team that supports these existing organizations
- Be the liaison for the HQ finance teams to assist with due diligence, investor and board reporting, and quarterly earnings preparation
- Push the boundaries of financial forecasting and analysis; drive architecture of automated financial models that not only produce results with a high degree of accuracy but also provide actionable insights
- Partner with broader FP&A team on cross-functional initiatives
- Deliver monthly analysis and reporting of the business' financial results including variances to plan, ensuring key issues, risks, and business drivers are understood and highlighted
- Collaborate with Accounting to ensure we have best-in-class processes around close and financial reporting
- Extensive experience building, leading and developing the FP&A function
- 15+ years of experience working in an operations and capital intensive environment, with hardware experience preferred
- Proven track record of developing people, leading and managing high-performing teams
- Strong executive leadership skills with experience partnering at the board, investor, and executive management levels
- Strong knowledge of GAAP
- Extraordinary interpersonal and communication skills and proven experience in cultivating collaborative working relationships with teams across an organization
- Forward-thinking, analytical and problem-solving mindset. Drawn to building off of ambiguous and unsolved problems and “making it happen”
- Bachelor’s Degree in Finance, Accounting, Economics or related field
- Great medical, dental, and vision insurance options
- Mental health benefits
- Family building benefits
- In addition to 12 observed holidays, salaried team members have unlimited paid time off, hourly team members have 15 days paid time off
- 401(k) plan to help save for your future
- 18 weeks of paid parental leave. Biological, adoptive, and foster parents are all eligible
- Pre-tax commuter benefits
- Lyft Pink - Lyft team members get an exclusive opportunity to test new benefits of our Ridership Program
Lyft is an equal opportunity/affirmative action employer committed to an inclusive and diverse workplace. All qualified applicants will receive consideration for employment without regards to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status or any other basis prohibited by law. We also consider qualified applicants with criminal histories consistent with applicable federal, state and local law.
This role will be in-office on a hybrid schedule — Team Members will be expected to work in the New York office 3 days per week on Mondays, Thursdays and a team-specific third day. Additionally, hybrid roles have the flexibility to work from anywhere for up to 4 weeks per year.
The expected range of base pay for this position in the New York City metro area is $219,375 - $280,000. Salary ranges are dependent on a variety of factors, including qualifications, experience and geographic location. Range is not inclusive of potential equity offering, bonus or benefits. Your recruiter can share more information about the salary range specific to your working location and other factors during the hiring process.