VP, Finance - Spark Advisors
New York City, NY
About the Job
About Spark Advisors
We're Spark, a mission-driven company helping independent Medicare brokers build the insurance business of their dreams. The vast majority of beneficiaries select benefits with the help of an independent broker, but technology and support for brokers is woefully antiquated. We provide workflows and services to help brokers achieve transformative growth.
In just four years, we've partnered with over 5,000 brokers and enrolled over 100,000 beneficiaries, making us the fastest-growing Medicare brokerage in the country. Brokers love us: during this period of intense growth, we've maintained an NPS of 91, a client retention rate of 93%, and we've helped brokers grow on average >100% since partnering with us.
It's an exciting time to be at Spark. Our diverse, remote-first team comes from leading technology, healthcare, and insurance companies, and has grown from 40 to 70 in the last year. Most recently, we've raised a Series B from leading investors who share our ambition.
Join us: we're always on the lookout for sharp, talented, empathetic teammates.
Summary
Spark is hiring a Vice President of Finance responsible for leading financial strategy, planning, and operations. This role requires deep expertise in financial governance, cash management, and financial planning & analysis. The VP of Finance will manage investor relations, ensure compliance with GAAP and regulatory requirements, and lead a team of finance professionals to execute on core financial operations (e.g. commission management) for Spark's agents and agencies. This leader will be an important part of the senior leadership team, contributing to high-level strategic decisions while ensuring financial stability and growth.
Key Responsibilities
- Lead the development and execution of the company's financial strategy, including budgeting, forecasting, and long-term planning.
- Provide financial insights and strategic recommendations to senior leadership and the board, especially regarding company growth, M&A, and investment decisions.
- Oversee capital structure, cash flow management, and treasury.
- Oversee all financial operations including accounts payable, accounts receivable, treasury, and cash management.
- Ensure accurate financial reporting and compliance with GAAP, regulatory requirements, and internal controls.
- Manage a team of finance professionals, ensuring high performance and professional growth.
- Oversee agency financial operations, ensuring agents are paid commissions, marketing funds, and referral fees correctly and on time.
- Develop financial-related services such as financial consulting and advance management for Spark's agencies.
Skills Knowledge and Expertise
- 10+ years of finance experience, with at least 3+ years in a leadership role.
- Proven track record of overseeing accounting, financial planning & analysis (FP&A), cash flow management, capital structure, and treasury.
- Experience with M&A, fundraising, and investor relations in a growth-stage company.
- Strong background in financial governance, regulatory compliance, and risk management.
- Experience managing a small team and collaborating cross-functionally.
Compensation
Our salary ranges are based on paying competitively for our company's size and industry, and are one part of the total compensation package that also includes equity, benefits, and other opportunities at Spark. In accordance with New York City, Colorado, California, and other applicable laws, Spark is required to provide a reasonable estimate of the compensation range for this role. Individual pay decisions are ultimately based on a number of factors, including qualifications for the role, experience level, skillset, geography, and balancing internal equity. A reasonable estimate of the current salary range is listed below. We expect most candidates to fall in the middle of the range. We also believe that your personal needs and preferences should be taken into consideration, so we allow some choice between equity and cash.
Why you should join our team
By joining Spark, you will get in on the ground floor of a fast-moving, well-funded, and mission-driven startup where you will have a profound impact on the brokers and beneficiaries we serve. And you'll learn, grow, be challenged, and have fun with your team while doing it.
We strive to help you and your family thrive. We're committed to supporting your happiness, healthiness, and overall well-being by providing a comprehensive benefits program. In addition to your base salary, we also offer:
- Equity compensation
- Health care, including dental and vision through our PEO Sequoia
- Flexible work location; co-working available
- 401k
- Paid Time Off
- Monthly Remote Work Stipend (help cover costs of home-office needs)
- Paid Parental Leave
- Up to 12 weeks for birthing parents
- Up to 8 weeks for non-birth parents
- 11 paid holidays
- Wellbeing Perks through SpringHealth, OneMedical, PerkSpot, and SoFi
At Spark, we are committed to hiring the best team to serve our clients regardless of their background. We need diverse perspectives to reflect the diversity of our problems and the population we serve. We look to hire people from a variety of backgrounds, including, but not limited to, race, age, sexual orientation, gender identity and expression, national origin, religion, disability, and veteran status.
